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Hat Retailer Lids Corp. Closes 95 Stores

WESTWOOD, MA-Lids Corp., the locally based hat retailer that filed for bankruptcy protection this past January, closes 95 stores, four of them in Massachusetts. Officials say the closures are part of a restructuring effort.

By Naomi Grossman | Updated on March 09, 2001

WESTWOOD, MA- Lids Corp. has closed 95 stores including four in Massachusetts. The locally-based hat retailer filed for Chapter 11 bankruptcy protection this past January.

“This is part of our restructuring,” Emmanuelle Accad, spokesperson for the company, tells GlobeSt.com. “We are trying to make the company profitable.” According to Accad, of the 95 stores four Massachusetts locations–at Logan Airport, Worcester, Springfield and Auburn–are closing. Accad says of the locations in the state, these were least profitable.

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