Bernie's To Shut Down
Bernie's Audio Video TV Appliances has filed for Chapter 11 bankruptcy. After more than 60 years, the family-owned business has requested permission from the United States Bankruptcy Court for the District of Connecticut to conduct a going out of business sale. The retailer selected Hilco Merchant Resources to manage remaining sales at its 15 store locations in Connecticut (9 stores), Massachusetts (5 stores) and Rhode Island (1 store) effective as of January 15. A hearing to approve the going out of business sale is scheduled for tomorrow morning.