Discount retailer closing more stores after Chapter 11 bankruptcy

It seems like despite bankruptcy filings and massive store closures, well-known retail brands never go away.

Sometimes they reemerge after a Chapter 7 bankruptcy liquidation under new owners with fresh capital and a revised business plan. In many cases, that means following the Bed, Bath & Beyond model where the business moves purely online.

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In other cases, a brand name simply has so much cache that investors won't let it die. That's why Toys R Us won't go away. It has launched store-within-a-store locations inside Macy's and has been trying various other brick-and-mortar ideas since the chain's original closure.

Sometimes, a brand becomes sort of a zombie. It won't die, but what lives looks nothing like what the chain was before it died.