Last Day for Gottschalks Bids

Fresno, Calif., USA The retailer is operating under Chapter 11 of the bankruptcy code and faces a do-or-die auction for its assets March 30th.

Bidders must qualify by this afternoon to be able to take part in the auction on March 30th.

Last week, three firms expressed interest in bidding to keep Gottschalks open. They include El Corte Ingles, a Spanish retailer that owns 16 percent of Gottschalks' stock.

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