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Schwarz and Right Start stores by Dec. 15.
Leases on more than 30 Right Start stores will not expire for another two years.
Schwarz and Right Start stores, it said it would have to liquidate those as well if a sale was not completed by Dec. 15.
The Right Start, based in Calabasas, Calif., hopes to attract more shoppers to those two chains by promoting them to customers of Right Start stores, which sell strollers and other products for infants and toddlers, he said.
On Wednesday, a federal bankruptcy judge approved the sale of 34 Right Start stores to an affiliate of Hancock Park Associates, a private equity firm with offices in Los Angeles.
Earlier, Hancock would not agree to put more money into the entity it created to acquire Right Start or guarantee that lease payments would be met, according to Jeffrey Meyers, a lawyer who represents seven properties where Right Start stores are located.
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