PT - JOURNAL ARTICLE AU - Randall S. Eisenberg AU - John Yozzo TI - Retailers, Reorganization, and Recidivism DP - 2003 Mar 20 TA - Turnaround Management PG - 122--129 VI - 2003 IP - 1 4099 - http://guides.pm-research.com/content/2003/1/122.short 4100 - http://guides.pm-research.com/content/2003/1/122.full AB - 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.