6 companies that have filed for bankruptcy but you can still shop or eat at

Business Insider/Jessica Tyler

• In the world of retail, filing for Chapter 11 or Chapter 7 bankruptcy typically involves job losses and store closings. 
• But retailers don’t all liquidate upon declaring bankruptcy.
• These survivors are proof that bankruptcy isn’t always the end of the line for retail companies.
• Visit Business Insider’s homepage for more stories.

Bankruptcy doesn’t always equal liquidation.

Many bankruptcies simply allow companies to take some time to restructure and get back in the game. 

Read more: These 12 retailers have filed for bankruptcy or liquidation in 2019

In the world of retail, that might mean shutting down struggling stores, ushering in new leadership, or getting acquired by another business.

Business Insider compiled a list of companies that recently filed for bankruptcy but that you can still shop or dine at today.

Here are a few recently bankrupt retailers that you can still swing by:

Sears and its subsidiary Kmart shut down stores in order to stave off liquidation. In January, the stores’ new parent company, Transform Holdco, bought 400 stores out of bankruptcy, though some have closed since then.

Business Insider/Jessica Tyler

Source: Business Insider, NJ.com

Z Gallerie’s bankruptcy filing in March prompted DirectBuy Home Improvement to buy up the struggling home decor retailer. A chunk of Z Gallerie’s stores have closed, but its website still lists dozens of locations.

Jeffrey Greenberg/Universal Images Group via Getty Images

Source: Business Insider, The Dallas Morning News, Z Gallerie

David’s Bridal filed for Chapter 11 bankruptcy in November 2018 but exited at the beginning of 2019. Today, you can still find the right dress to walk down the aisle in at its surviving stores.

Business Insider/Jessica Tyler

Source: CNBC, Los Angeles Times

See the rest of the story at Business Insider

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Source: Business Insider – feedback@businessinsider.com (Áine Cain)