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Published on 4/21/2009 in the Prospect News Distressed Debt Daily.

BTWW Retail records $357,711 March net loss, shows zero revenues

By Caroline Salls

Pittsburgh, April 21 - BTWW Retail LP reported a $357,711 net loss for March on zero revenues, according to its monthly operating report filed Monday with the U.S. Bankruptcy Court for the Northern District of Texas.

In comparison, the company posted a $405,985 net profit in February, also on zero revenues.

The company had $3.07 million in cash at March 31, down from $3.36 million at the end of February.

Dallas-based BTWW, the largest retailer of western wear and accessories in the United States, filed for bankruptcy on Nov. 3. Its Chapter 11 case number is 08-35725.


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