People who have unused Vanity gift cards or need to add to their wardrobe may want to stop by the store sooner rather than later.
Vanity Shop of Grand Forks Inc. announced that the company has filed for Chapter 11 bankruptcy protection in U.S. Bankruptcy Court for the District of North Dakota.
A post on the company’s Facebook page Thursday promised store closing sales at all 140 retail locations during March and possibly into April.
The company wouldn’t comment on when the store in North Platte’s Platte River Mall was expected to close. Vanity did say that online shopping was no longer available on its website.
According to a statement issued on Wednesday, the company said Vanity anticipates it will continue to honor gift cards during the store closing process. It also said that all sales after March 1 were final.
Vanity, headquartered in Fargo, North Dakota, has been “providing women with affordable, fashionable apparel and accessories” since the 1950s, the statement said.
According to the Associated Press, James Bennett, Vanity’s chairman of the board, said the competition from internet retailers had a significant impact on the company’s bottom line.
Vanity has stores in 27 states and employs as many as 1,700 people with more than 100 working in the corporate headquarters, AP said.
“The commitment and adaptability of Vanity and its employees has been a key to Vanity’s success throughout its many years,” said Bennett in the release issued Wednesday. “We would like to thank our employees for their service and loyalty. We also sincerely appreciate all of our customers — both past and present.”
On Friday afternoon, Platte River Mall’s management said they were unable to comment on the announcement.