Bakers Footwear Seeking Buyer After Losing Financing

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Bakers Footwear Group, once hoping to emerge from bankruptcy, has abandoned efforts to reorganize. Now the St. Louis-based shoe retailer wants to sell its business to another company. If that sale doesn’t move forward, the company will liquidate and close its remaining 56 stores in the coming weeks, Bakers President and Chief Executive Peter Edison said in a Thursday interview with the Post-Dispatch. The Bakers CEO declined to name the prospective buyer or sales price.

Read more in the St. Louis Post-Dispatch

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