The M Den Closes Two Stores After Bankruptcy
- The M Den, a University of Michigan retailer, has closed two more locations after filing for bankruptcy.
- The closures include the store in Briarwood Mall in Ann Arbor and the Detroit store.
- This indicates financial struggles for the company, affecting its operations and presence in the area.
(CBS DETROIT) — The M Den, the official retailer for University of Michigan Athletics, has announced the closure of two additional stores just days after filing for bankruptcy. The affected locations include the Briarwood Mall store in Ann Arbor and a store in Detroit, which are now closed effective immediately. This decision comes as part of the company's restructuring efforts amid financial difficulties. In a social media update, Heritage Collegiate Apparel, which operates The M Den, expressed gratitude for the support and loyalty of its customers over the years. The company has offered positions to employees from the closed stores at its remaining locations, including the store on the University of Michigan campus. The statement emphasized that the decision to close was not made lightly and highlighted the commitment to continue serving customers through other locations and their online store. The bankruptcy filing occurred shortly after the closure of the Novi store, indicating ongoing challenges for the retailer. Heritage Collegiate Apparel is currently exploring options for a potential sale as part of its efforts to stabilize the business. The company aims to navigate this difficult period while maintaining its dedication to customer service. As the situation develops, The M Den remains operational at its other locations, ensuring that fans and customers can still access their favorite University of Michigan merchandise. The company is hopeful for a positive resolution in the near future.