Americans face a tough choice Tuesday morning: watch Barack Obama’s historic inauguration, or storm department stores to take advantage of a first-come, first-serve cosmetics giveaway worth $175 million.
gottschalks
![Two More Retail Bankruptcies, Goody's And Gottschalks](../../consumermediallc.files.wordpress.com/2012/06/1-14-2009_1-43-51_pm.jpg?w=269&h=179&crop=1)
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.