I heard Macy's dept store's are going into bankruptcy? Is this true? I hope not, i work there.?

i guess i have to find another job then.I heard Macy's dept store's are going into bankruptcy? Is this true? I hope not, i work there.?
bankruptcy does not necessarily mean they totally shut down - lots of companies continue to operate as normal while going thru bankruptcy and some even emerge from bankruptcy - filing for BK, just allows the company to restructure it's debt problems - it IS possible they could close down some stores who are not doing so wellI heard Macy's dept store's are going into bankruptcy? Is this true? I hope not, i work there.?
Projection outlooks are not good for Macy's.
yes its on the road to bankruptcy.