[boswd]

I think people have to understand the word Bankruptcy does not automatically equate they are folding.

This is chapter 11 which is restructuring and protection from creditors. This isnt like Circuit City's bankruptcy where they were liquidated.

yes some stores will close, there will be tough decisions to be made. Some companies have emerged from Chapter 11's in the past and have done just fine. Kmart is a good example, they emerged and actual went on to buy out Sears and then Land's End.

It just seems we are trained to think Bankruptcy = closed up for good. That is not the case.

I can see Barnes and Noble closing some of it's store's in the future as well. It's taking a step backwards in hopes of taking two steps forward.

I'm not saying that it's doors closing for good isn't a possibliity in the future, I 'm just pointing out that bankruptcy doesn't automatically mean that. There are many different types of Bankkruptcy.