Brookstone Files For Ch.11 Bankruptcy Protection — Again

MERRIMACK, New Hampshire (AP) – Brookstone, the ubiquitous seller of cool but largely unneeded things, is filing for Chapter 11 bankruptcy protection again and closing the 100 stores that remain in shopping malls.
Malls have suffered for years due to far-reaching shifts in the way that Americans shop, which has diminished foot traffic at Brookstone. On Thursday, CEO Piau Phang Foo called the situation in malls “extremely challenging,” and thanked employees who had staffed store