Menswear retail chain Bachrach Clothing is preparing to file for bankruptcy protection, less than a year from its last round through bankruptcy court, WSJ Pro Bankruptcy reported. Bachrach is currently reviewing bids from liquidation firms to close the roughly 11 store-chain as part of the bankruptcy filing, the people added. This filing would mark the retailer’s fourth time through bankruptcy court since 2006. Bachrach filed for bankruptcy protection last April in the U.S. Bankruptcy Court in Los Angeles. As part of the filing, Bachrach closed 13 of some two dozen stores in the U.S. Prior to the bankruptcy filing, however, Bachrach had closed four of its stores. Bachrach won court approval of its reorganization plan in August, shortly after blaming disappointing liquidation sales at five locations on other chains’ store-closings sales that were occurring at the same time.
