[ad_1]
David's bride is still open.Business Insider / Jessica Tyler
- In the world of retail, filing for bankruptcy under Chapter 11 or 7 generally involves job losses and store closings.
- But retailers do not liquidate all when they declare bankruptcy.
- These survivors are proof that bankruptcy is not always the end of the line for retail businesses.
- Visit the Business Insider home page for more stories.
Bankruptcy is not always synonymous with liquidation.
Many bankruptcies simply allow businesses to take time to restructure and get back to work.
Read more: These 12 retailers filed for bankruptcy or liquidation in 2019
In the retail world, this could mean closing out distressed stores, introducing new leadership, or acquiring another company.
Business Insider has listed companies that have recently declared bankruptcy but can still buy or have dinner today.
Here are some bankrupt retailers you can always count on:
Source link