TY - JOUR T1 - Retailers, Reorganization, and Recidivism JF - Turnaround Management SP - 122 LP - 129 VL - 2003 IS - 1 AU - Randall S. Eisenberg AU - John Yozzo Y1 - 2003/03/20 UR - http://guides.pm-research.com/content/2003/1/122.abstract N2 - With each Chapter 11 filing comes the opportunity for a debtor to reorganize its business and emerge from the bankruptcy process as a viable, reconfigured entity. But a review of the recent historical record of public company bankruptcy filings and emergences and the post-emergence performance of reorganized retailers over most of the last decade doesn't provide much reassurance that the rehabilitation process is working as intended for the retail industry. This article compares the rate of bankruptcy recidivism of retailers versus non-retailers and grapples with defining subjective terms like “success” and “failure” within the context of bankruptcy and the reorganization process. ER -