The US Bankruptcy Court gave an order approving the bidding procedures relating to the sale of substantially all the assets of iMedia Brands, Inc. on August 3, 2023. To qualify as a qualified bidder, interested parties should submit their bids by August 9, 2023. If the debtor receives any qualified bids then it would hold an auction for its assets on August 10, 2023.

The sale hearing is scheduled for August 14, 2023.