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Destination Maternity Corporation (formerly Mothers Work, Inc.) is the world's largest designer and retailer of maternity apparel, based in Moorestown, New Jersey. [1]On October 21, 2019, Destination Maternity filed for Chapter 11 bankruptcy protection, blaming increased competition and struggles with long-term debt as reasons contributed to the filing.
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Here at The Motley Fool, I've long cautioned investors to keep a close eye on inventory levels. It's a part of my standard diligence when searching for the market's best stocks. I think a ...
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The company continued as online only plus size retailer from September 2015 until 2018. [112] Destination Maternity, owner of maternity chains Motherhood Maternity and A Pea in the Pod, filed for Chapter 11 bankruptcy in fall 2019 and announced the closure of 180 stores with more closures to be expected. [113]
Maternity-apparel retailer Destination Maternity announced yesterday its third-quarter dividend of $0.1875 per share, the same rate it paid last quarter after raising the payout 7%, from $0.175 ...
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