AmeriMark Interactive receives court approval of bid procedures

By Sarah Lizee

Olympia, Wash., May 2 – AmeriMark Interactive, LLC received approval of bid procedures for its assets, according to an order filed Tuesday with the U.S. Bankruptcy Court for the District of Delaware.

AmeriMark said it is engaged with several groups of potential purchasers.

Under the bid procedures, the debtors have until 5 p.m. ET on May 10 to file a stalking horse supplement, the bid deadline is 5 p.m. ET on May 19, an auction is scheduled for May 23, and a sale hearing will take place on May 26.

AmeriMark is a Cleveland-based direct marketer of women's apparel, shoes, cosmetics, fragrances, jewelry, watches, accessories and health-related merchandise. The company filed bankruptcy on April 11 under Chapter 11 case number 23-10438.

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