Bye-bye Gottschalks

Fresno Bee: "WILMINGTON, Del. -- A U.S. Bankruptcy Court judge Wednesday approved the liquidation of Gottschalks, a storied department-store chain whose inventory will be sold lock, stock and barrel to pay off crushing debts." - This is pretty darned sad, but it's been coming for a very long time. Gottschalks is a west coast thing, so most people have probably never heard of it, but it's been around for a very long time, 105 years to be exact. One of the malls in Visalia is anchored by Gottschalks, now what? Will we see small businesses around it collapse?

Labels:


About this entry