Rockport Files for Chapter 11 Bankruptcy: May Close Stores

About this Deal

The retail apocalypse continues! Rockport has filed for Chapter 11 Bankruptcy, following in the footsteps of fellow shoe stores Payless and Nine West. The company cites their 2015 separation from Adidas as a driving factor in their decline.

While they hope to remain in business, attempting to sell assets to a private equity firm, the other reality is that they may have to close their brick-and-mortar stores--27 total in the US.

Read more about this new financial development.
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Comments (2)

Notbad (L5)
13 days ago
oh no...
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themoneyman1113 (L5)
13 days ago
I know, right! I was just at the Outlet store with my brother in law the other night. They have some nice shoes on the expensive side but they lasted and that was my shoe of choice until my work made us wear certain slip resistant shoes. :(
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