Two More Retail Bankruptcies, Goody's And Gottschalks

Two More Retail Bankruptcies, Goody's And Gottschalks

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.