NO WONDER PENNY LOVES KENNY WENT BELLY UP,THAT IS THE WORST FRIGGIN NAME FOR A COMPANY,WHOEVER GAVE IT THAT NAME SHOULD BARRED FROM EVER OWNING ANOTHER BUSINESS.

Never heard of them. Where exactly are they popular? If those yellow things are an example, it is no wonder that they've had to file chapter 11.

I never heard of them, but that's beside the point. Ever since the NYSE lost almost 1,400 point's over a two week span, the economy went downhill faster than a speeding bullet. Now, acording to various sources on Wall Street, we are on the "way back". But still companies are going bankrupt, or at least filing for Chapter 13 (where after a period of time, the company can try a comeback. Pan Am Airlines tried that. It did not last long). Even getting a new job is a pain. I have looked all over. I have the requirements, etc. Perhap's it's because 2 of the companies I worked for went bankrupt and are on my resume', but these day's, who know's?

Wait until after this Back to School and Christmas shopping season. Everyone is going to be in for an eye opener.

Chapter 11 is industrialized robbery. Debts are tossed out and they keep on keeping on. Pass the buck on to their suppliers who are alreadly getting screwed.

The shoe business like most all others needs a cleansing!! Time for the cream to rise to the top and whats left at the bottom needs to be thrown out. Bye, Bye Yesterdays news in shoes!!!

No business is immune
from failing anymore. To
allow a company to reach
such monumental loss
questions whether any
legal advice should be
valued by this company.
What attorneys provided
any worthwhile advice?
Handling a company's
abilities seems sense-
less; no group of advis-
ers should have allowed
this company to sink.

Never heard of this company.... so I can't say I'll miss them. There are so many shoe companies (especially for juniors) out there that I don't see this company being missed. I do feel bad for anyone who is out of a job because of its closure...that really sucks.

Never heard of them. AOL always seems adept at finding stars, places and companies we've never known or heard of. Nice work. Masters of the obscure.

They were our next door neighbors for 20 years and wonderful people. Very tough business to be in but they managed to do well through all types of economy. Sorry to see this happen

Sounds like a little bailout of a few million might do the trick. Maybe President Obama can make it happen, and get in the shoe business too. After all, there's no business like shoe business!

Advisers only advise. Often the business owners don't follow the advice. Often the best entrepenuers are lousy at managing the business. Don't blame the advisers.

Their shoes are somewhat to be desired. I think they need a new buyer for their store. The prices seem reasonable but there are tons of shoe stores out there. It's a dog eat dog world in the shoe business.