Why it matters
The filing affects the retailer, its creditors, employees, and customers. The article does not say whether stores will close or how the bankruptcy will affect workers or shoppers.
What happens next
Potential buyers can submit bids by Dec. 9. The article does not say when a buyer may be selected or what will happen if the company does not find one.
Whether potential buyers submit bids by Dec. 9.
Whether the company announces store, staffing, or operating changes.