Final sales as beloved wedding retailer continues to close stores despite last minute bankruptcy bai

FINAL sales are underway as a beloved bridal shop closes down its stores for good.

Despite a last minute bankruptcy bailout, David’s Bridal moved full steam ahead when it came to its closures in Texas.

The wedding dress retailer announced seven closures within the state of Texas alone after filing for bankruptcy earlier this year.

Cion Investment Corporation has acquired the once thriving bridal chain as of last week, but it wasn't enough to save the seven ill-fated stores.

The closures will see a total job loss of 441 employees across the state as the shops say goodbye to customers for good this month.

The full list of closing stores includes:

BANKRUPTCY

David’s Bridal officially filed for bankruptcy in April, marking the second time since 2019 that the chain found itself in financial trouble.

With online competition fierce and many brides and grooms reeling in their spending budgets amid high inflation, the chain just couldn’t keep up.

While Cion Investment Corp will be taking over the retailer’s storefronts, many are still slated for closure.

David’s Bridal operates 300 stores, but in a new plan under Cion Investment, only up to 195 storefronts would remain open.

However, Cion’s acquisition will also save roughly 7,000 jobs for the chain, and debt is expected to lower from $256.9million to just $50million.

"Our new shape is a sign of promise and progress as we continue to make dreams happen for our customers with a company ready for the future," the company told The U.S. Sun.

"We have a lot of exciting news to share as our evolution and transformation progresses in the weeks ahead so stay tuned."

MORE CLOSURES

Beyond just Texas, David’s Bridal has closed at least 49 stores over the last month alone.

That comprises around 1/6th of the chain’s total locations when it entered the year.

One store in East Brunswick, New Jersey is closing up shop, and the company said no returns would be accepted after July 22.

Currently, seven other David’s Bridal stores remain open in New Jersey: Deptford, Freehold, Maple Shade, Mays Landing, Paramus, Totowa and Watchung.

Another unit closed in Springfield, Missouri on July 18.

Meanwhile, the store in Rochester, Minnesota shuttered just a day later in the TJ Maxx Plaza, according to local radio station KROC.

Additionally, a store in Portage, Michigan had its final goodbyes on the same day.

Shoppers at that store reported sales of up to 70 percent off.

In late June, another location in Topeka, Kansas also closed its doors for good.

Other closing stores include one in North Carolina, four in Iowa, seven in Tennessee, and three in Massachusetts.

To get rid of all inventory, David’s Bridal offers generous discounts on the majority of its items.

Closing locations have been found to offer bridal gowns 40 percent off and 80 percent off evening dresses and women’s formal wear.

Across the country, David’s Bridal joins a long list of retailers struggling to keep their brick and mortars afloat.

Bed Bath and Beyond, which once dominated the home retail space, has also lost its footing in recent years.

All 360 nationwide stores closed after the company declared bankruptcy.

The brand will continue to exist online only after being purchased by Overstock.

Party City and Tuesday Morning also filed for bankruptcy and plan to close stores all across the country.

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