Table: Serial Bankruptcy

Some companies have made two or more Chapter 11 filings

COMPANY BUSINESS FILINGS REASONS FOR FAILURE

MONTGOMERY Department 2 Ineffective merchandising WARD store chain strategies

BRADLEES Department 2 Overleveraged, tough store chain competition

GRAND UNION Grocery 3 Expensive new stores, chain tough competition

TWA Airline 3 Overleveraged, confused business strategies

Data: PricewaterhouseCoopers, BusinessWeek

    Before it's here, it's on the Bloomberg Terminal.
    LEARN MORE