Gottschalks Going Commie?
Maybe, according to this news report. If that Chinese company buys it, they may not have to liquidate.
Then again, there's no mention of what Shandong plans on doing with the stores if they do end up buying them. You can't help but feel a bit suspicious of the Chinese after they way they seemed to have taken the money and run with Evergreen Pulp.
I suppose I'll be happy for any Gottschalks employees that might get to keep their jobs, but I'll still be concerned over more and more of the country falling into Chinese hands.
Maybe this isn't all that important of a news story? Maybe it happens all the time?