After a long bidding battle, the Gottschalk's department store chain will be liquidated and all 58 stores will close. Gottschalk's filed for bankruptcy in January and explored a sale and other options before resorting to the liquidation. The action ends a 105-year-old California-based business; the stores will be closed by July.
Update: Gottschalk's
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Timely Demise tracks the retail industry as it changes with our unprecedented economic environment. Published by David Wertheimer. Did I miss something? Drop me a line.
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This page contains a single entry by David Wertheimer published on April 1, 2009 8:09 AM.
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