Bernie’s, the bankrupt 15-store TV/appliance chain based in CT will not be resuming business with a single store June 1 as planned, says the Hartford Courant, quoting a single source. Bernie’s former owner Milton Rosenberg had announced plans to relaunch Bernie’s with a sole store in Manchester, CT and may have been thwarted by P.C. Richard & Son’s expansion into CT, speculated the newspaper. P.C. Richard recently opened stores in Norwalk, Milford and North Haven, CT with plans for a Danbury store and possibly stores in Newington and Manchester, said the Courant.
Shortly after Bernie’s declared bankruptcy in January, Rosenberg bought the name Bernie’s for $150,000 out of bankruptcy court from Citizens Bank. He announced he planned to hire about 20 former employees to run the store out of a former’s Bernie’ site in Manchester.
Rosenberg’s father founded the Bernie’s chain in Hartford in 1947.
Source: The Hartford Courant
Bernie’s May Not See Resurrection
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