Yep, they either can't meet their debt obligations or their suppliers are

so stretched that they refuse to ship anything unless pre-paid for it, both of those will usually mean a chapter 11 filing which stops actions on all invoice received prior to the filing date and the company can move forward. If it is a big disaster and there is no saving it they go to liquidation (Toys r us)

In response to this post by CPRVHokie

Posted: 05/16/2018 at 09:49AM

If you love Rockport shoes, better buy more now -- EDGEMAN 05/15/2018 10:55AM

I’ll never ever buy another pair of dress shoes ever -- 83Hokie 05/15/2018 8:04PM

Try SAS (San Antonio Shoes). Pricey but awesome and last a long time. ** -- Femoyer Hokie 05/15/2018 1:15PM

I bet I went through at least six pairs of these starting around 1987 . . . -- HokieKip 05/15/2018 11:14AM

Bankruptcy doesn't mean the end of a company. It's a legal way to -- CPRVHokie 05/15/2018 11:09AM

Yup. Craftsman tools are at Lowes now. -- Hokie360 05/15/2018 1:20PM

Yeah, Sears sold off Craftsman ** -- turkeywinghokie 05/15/2018 1:53PM

True, but you never know the outcome. -- EDGEMAN 05/15/2018 11:15AM

You could say that about every company, every day. -- CPRVHokie 05/15/2018 12:07PM

Just hope the new owners also think that... -- EDGEMAN 05/15/2018 12:10PM

The beancounters always win that battle ** -- CPRVHokie 05/15/2018 12:11PM

Just because a company files for bankruptcy doesn’t mean it isn’t profitabl -- CPRVHokie 05/15/2018 12:14PM

Yep, they either can't meet their debt obligations or their suppliers are -- fordham 05/16/2018 09:49AM

I had a pair and they were comfortable but.... -- MAHokie69 05/15/2018 11:07AM

They used to be my "go to" casual and semi-dress shoes... -- EDGEMAN 05/15/2018 11:10AM

Yep, that's about where my Seawalkers adventure started... -- `lag 05/15/2018 12:00PM

I blame this guy (inside) -- FfxStationHokie 05/15/2018 11:06AM

Their Dunham brand is a lifesaver for those with wide feet -- 48zip 05/15/2018 11:04AM

I would agree since I owe a pair that I wear to work that are 6E -- VTHokie2000 05/15/2018 12:25PM

Yep, they either can't meet their debt obligations or their suppliers are

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