November 22, 2024 8:31 am
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Brookstone files for bankruptcy, will close all mall stores

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By Nathan Bomey | azcentral

You may soon have to get your massage chair somewhere else.

Specialty goods retailer Brookstone, known for quirky products such as back-kneading chairs or Bluetooth speakers in the shape of footballs, filed for Chapter 11 bankruptcy protection Thursday and plans to close all of its remaining mall stores.

The company hired liquidators to close its about 100 remaining mall locations after declining foot traffic and management blunders crushed sales.

The retailer has been bleeding cash as customers increasingly shop online for the types of products it sells, such as high-tech blankets, headphones, travel pillows and exercise equipment.

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