Gottschalks, a regional department store chain with 61 stores (most of them in California) has filed for Chapter 11 bankruptcy, but will continue to operate as usual. Goody’s a clothing retailer that emerged from bankruptcy in October, however, has failed and will be liquidated.
Gottschalks files for bankruptcy protection [Reuters]
Check Out Line: Chapter 11, here we come [Reuters]
More From Consumerist
-
Report: Bankruptcies Dropping Toward Pre-Crash Levels
-
Pizza Franchisees Say Chain Owners Took Groupon Money But Didn’t Share
-
Hostess Has Tasty, Cream-Filled Starting Bid Of $410M On The Table For Twinkies
-
Retail Managers: You’ll Get More Product Info From A Smartphone Than A Sales Associate
-
Rogue Sellers Set Up Fake ‘Yard Sales’ To Get Around Paying Rent, Taxes
