S&K Famous Brands filed for bankruptcy, citing the usual reasons in this marketplace in its filing. S&K operates 136 stores up and down the eastern seaboard. The company is seeking funding to continue operations while under bankruptcy protection.
In related news, the Massachusetts menswear chain Kaps is closing all its stores due to declining sales. The company has shut one store while the other three hold going-out-of-business sales. Kaps dates its origins to 1885.
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