Motherhood Maternity, Destination Maternity could file for bankruptcy

Destination Maternity store. (Shutterstock/Alan Budman)
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INDIANAPOLIS (WTHR) — Maternity wear retailer, Destination Maternity, is planning a bankruptcy filing in the coming weeks.

CNBC reports, the retailer is facing strong competition and debt and is hoping to find a buyer.

If it doesn't, the report said Destination Maternity could be forced to liquidate.

The retailer employs around 1,100 full-time and 2,300 part-time employees.

The stores owned include 362 Motherhood Maternity Stores, 26 Pea in the Pod stores and 70 Destination Maternity stores.

Indianapolis has a Destination Maternity store near E. 82nd and Dean Road. There are Motherhood Maternity stores in Greenwood and Plainfield.