B. Moss Clothing Co. Ltd. expects to begin going-out-of-business sales at all 70 of its stores starting Friday after 69 years in business.
The Secaucus, N.J.-based women’s specialty chain filed a voluntary Chapter 11 petition Tuesday in a New Jersey bankruptcy court to conduct an orderly liquidation of the business. According to court papers, the retailer intends to conclude the GOB sales at 60 of its stores by Dec. 31, with the balance to be completed by Jan. 15. The stores are in shopping malls throughout 16 Eastern and Midwestern states.
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