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Retailers who have filed for bankruptcy protection

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By The Associated Press

The Tampa Tribune

Published: January 17, 2009

BANKRUPT RETAILERS

Experts expect even more retailers to file for bankruptcy or just liquidate in coming months as consumers keep tight control of their spending because of job worries and dwindling retirement accounts.

Among notable retailers who have filed for bankruptcy protection since May:

•Circuit City Stores Inc., the nation's second-biggest electronics retailer, filed for Chapter 11 in November. But the chain announced Friday that it will liquidate its 567 U.S. stores after failing to reach a deal to sell the company.

•Department store chain Gottschalks Inc. put itself up for sale and filed to reorganize in a Chapter 11 bankruptcy on Wednesday.

•Discount clothing chain Goody's Family Clothing filed for Chapter 11 bankruptcy protection on Tuesday, the retailer's second such petition in less than a year as it struggles with mounting debt and a staggering drop-off in sales.

•KB Toys filed for bankruptcy protection two weeks before Christmas and has been liquidating its stores. KB Toys also filed for bankruptcy protection in January 2004.

•Parent Co., the operator of online toy seller etoys.com, filed for Chapter 11 bankruptcy protection in December and said it will consider selling some or all of its operations.

•Linens 'n Things filed for bankruptcy protection in May. It announced liquidation sales at its stores in October after failing to find a buyer of the company.

•Steve & Barry's filed for Chapter 11 bankruptcy protection in July, then later abandoned plans to keep stores open and said it would liquidate.

•Mervyns LLC filed for Chapter 11 bankruptcy protection in July.

The Associated Press

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