David's Bridal filed for bankruptcy on Monday.
The firm has struggled to recover from high inflation and decreased demand for wedding dresses during the pandemic.
- David's Bridal filed for Chapter 11 bankruptcy and seeks a buyer for its business.
- The wedding gown retailer, the largest in North America, previously filed for bankruptcy in 2018.
- The company had been trying to improve its omnichannel customer experience with app-based wedding vendor marketplace Pearl.
- David's Bridal has $256.9M in debt and may shutter stores if necessary.
