Happy (?) New Year: 2009, Retailers and Bankruptcy

This article discusses some of the challenges that face retailers who may file Chapter 11 in the coming year, and offers some suggestions for increasing the odds of successfully reorganizing.

11 minute read December 15, 2008 at 10:22 AM
By
Andrew M. Troop And Christopher R. Mirick
Happy (?) New Year: 2009, Retailers and Bankruptcy

What should retailers expect for 2009? Little good, it appears. Reported opinions on retailers' prospects for this year range from difficult to disastrous, with very few predictions of any bright spots until 2010 or later.

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