Apparently the market for zero-gravity loungers, oversized cotton rope hammocks, outdoor wireless speakers and weather wrap furniture covers is not as robust as it once was.

Brookstone, the specialty gadget and home furnishings retailer founded by late entrepreneur Pierre de Beaumont and his wife in 1965, filed for Chapter 11 protection Thursday in Delaware as part of a plan to sell itself to Spencer Spirit Holdings.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]