By The Associated Press
OKLAHOMA CITY (AP) — Harold’s Stores Inc. and several of its related companies have filed for Chapter 11 bankruptcy protection.
The clothing store founded in Norman in 1948, but now based in Dallas, filed bankruptcy papers Friday in Oklahoma City.
The company estimated assets and liabilities between $10 million and $50 million in the filings.
Stores were open on Friday, but a message on the company’s Web site says it has stopped accepting orders.
A telephone message left early Saturday for Harold’s Chief Executive Officer Ron Staffieri was not immediately returned.
Harold’s has stores in 19 states, mostly in the South, West and Midwest.
Stores in Oklahoma include locations at Campus Corner in Norman, 50 Penn Place and Rockwell Plaza in Oklahoma City and The Farm Shopping Center and Utica Square in Tulsa.
In addition to Harold’s Stores Inc., Harold’s Direct Inc., Harold’s Financial Corp., HSTX Inc., Harold’s of Jackson Inc., Harold’s Limited Partner Inc. and Harold’s Stores of Texas LP also filed bankruptcy.
Local news
Harold’s Stores files bankruptcy
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