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Kim Gatley
enior Vice President & Director of Research at REOC Austin

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Bebe plans to shutter stores, including in Austin area

bebe_logoBebe Stores Inc. is planning to shutter its locations and become an online-centric retailer, according to Bloomberg.

Citing unnamed sources, the report says the Brisbane, California-based women’s retailer is trying to close the stores without filing for bankruptcy. Bloomberg’s sources say, however, that a Chapter 11 filing will be necessary if landlords aren’t willing to negotiate.

Bebe operates about 170 locations around the country, including two in Austin: at The Domain in North Austin and inside Barton Creek Square mall, near South Capital of Texas Highway and MoPac Expressway.

Bebe could be next in a long line of retailers shedding stores this year.

Click here to read the original article: Bebe plans to shutter stores, including in Austin area Austin Business Journal 3-22-2017


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