Gottschalks files for bankruptcy
Gottschalks, the regional department store chain that includes an outlet at the Yuba-Sutter mall, has filed for bankruptcy and is for sale but will continue to conduct business at its 58 stores in the West.
In another sign of the grim holiday season, KB Toys filed for bankruptcy protection for the second time in four years Thursday and plans to begin going-out-of business sales at its stores immediately.