Edison Brothers Stores Inc – ‘8-K’ for 5/28/99 – EX-99.4

On:  Friday, 5/28/99   ·   For:  5/28/99   ·   Accession #:  950124-99-3548   ·   File #:  1-01394

in

this entire Filing. an “Entity” Search.

Show

Documents searched

and

each “hit”. the 1st “hit”.

↓↑Hints

Current Report   —   Form 8-K
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 8-K         Current Report                                         3     14K 
 2: EX-99.1     Operating Report                                      10     42K 
 3: EX-99.2     Press Release Dated April 22, 1999                     2      8K 
 4: EX-99.3     Press Release Dated May 17, 1999                       2      8K 
 5: EX-99.4     Press Release Dated May 20, 1999                       1      7K 
 6: EX-99.5     Press Release Dated May 27, 1999                       1      7K 

EX-99.4   —   Press Release Dated May 20, 1999

EX-99.4
TOC
↑Top
Previous
Next
↓Bottom
Just 1st
 
                                                                    EXHIBIT 99.4

FOR IMMEDIATE RELEASE                              CONTACT: TOM GOYDA, SHANDWICK
                                                                    314-552-6724
                                                              PAGER 800-795-2304

 EDISON BROTHERS ANNOUNCES AGREEMENT TO SELL
 BAKERS SHOE CHAIN TO WEISS & NEUMAN

ST. LOUIS, May 20, 1999 -- Edison Brothers Stores, which filed for Chapter 11   
bankruptcy protection on March 9, announced today that it has signed an         
agreement to sell most of its Bakers women's footwear chain to Weiss & Neuman   
Shoe Co. for $11.0 million. The sale is subject to bankruptcy court approval and
the ability of Weiss & Neuman to obtain suitable financing.                     

The agreement filed with the court today would result in the sale of 184 of the 
253 Bakers stores and 10 Wild Pair locations, as well as all of the existing    
Bakers inventory. Weiss & Neuman, which is controlled by former Edison Brothers 
executive Peter Edison, currently operates approximately 75 footwear stores,    
including the Hot Line chain, leased department store operations and two Toz    
stores.                                                                         

On May 18, Edison received bankruptcy court approval of a previously announced  
agreement to sell its Repp Ltd. Big & Tall menswear stores and Repp By Mail     
catalog operations to J. Baker for approximately $31.7 million. The company also
has signed agreements to sell its JW/Jeans West, Coda and 5-7-9 chains, and is  
currently liquidating most of its Wild Pair footwear stores and the Riggings    
menswear chain.                                                                 

Edison Brothers Stores Inc. operates Bakers and Wild Pair footwear stores; 5-7-9
junior apparel stores; Riggings, JW, Coda and Repp Ltd. Big & Tall menswear     
stores; and Repp By Mail men's catalog. The company has nearly 1,500 stores in  
the United States, Canada, Puerto Rico and the Virgin Islands.                  

 # # #

Dates Referenced Herein

This ‘8-K’ Filing		Date		Other Filings
		6/1/99		None on these Dates
Filed on / For Period End:		5/28/99
		5/20/99
				List all Filings