October 25, 2018 / 12:01 AM / 4 months ago

Bankrupt Gump's aims to give up warehouse lease as online sales sunset

Bankrupt department store Gump’s on Tuesday asked for a court order allowing it to terminate its lease on its Mississippi distribution center, which it says is no longer necessary as it moves toward liquidation.

Gump’s in a filing in U.S. Bankruptcy Court for the District of Nevada said it wants its rejection motion heard soon - before Oct. 31, the date by which it expects to have moved out from the 87,500-square-foot facility in Olive Branch, Mississippi.

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