How many sur la table stores are there




















Zach is a freelance writer specializing in beer, wine, food, spirits, and travel. He is based in Manhattan. Read more. Read This Next. Latest News. Six supplements are being pulled from stores. Many states have a long road ahead. Numbers are high despite high vaccination rates. Joey Cramer starred in the '80s Disney classic. Smarter Living. These plants could be attracting slithering guests. Experts predict the virus will likely change again. Sur La Table filed for bankruptcy on Wednesday, joining the mounting list of retailers seeking Chapter 11 bankruptcy protection as a result of the coronavirus outbreak.

The company, best known for its high-end kitchenware and cooking classes, will close more than 50 stores are part of the bankruptcy proceedings. It will continue to operate high-performing stores and plans to sell 70 of its locations to the private equity firm, Fortress Investments.

The company has also been especially hard hit by the loss of its cooking classes and events, which have been halted or limited to prevent the spread of the virus. For you. World globe An icon of the world globe, indicating different international options. Get the Insider App.

Click here to learn more. A leading-edge research firm focused on digital transformation. It offered cooking classes starting in Sur La Table had to suspend that business as the pandemic took hold in the U. That was likely a needed correction, after its footprint outgrew its shrinking foot traffic. It also suffered from capital costs, a decline in home meal-making which the pandemic has helped reversed, at least temporarily and executive turnover.

And so Sur La Table joins a growing group of retail brands, some with a physical footprint left and some without, that have been snapped in up in bankruptcy from IP-specialists.

Marquee has been similarly opportunistic, picking up , for example, the BCBG Max Azria brand after the fashion seller and retailer filed for bankruptcy in The strategy allows companies like Marquee and Authentic Brands both of which are private equity backed to suck up brand property at a steep discount, given the massive time and money investment it takes to build a brand from scratch.

They can also defray the expense and and risk in making products and running stores by shunting those tasks off to operating partners.

CSC Generation , meanwhile, is a more complicated and interesting animal, being part tech company, part retailer, part consumer finance provider. CSC Generation also owns the Bon-Ton intellectual property and was reportedly mulling a bid for Pier 1 earlier this year that would have kept open a pared-down version of the home goods retailer. Follow Ben Unglesbee on Twitter. Retailers are navigating supply chain bottlenecks while consumers face renewed concerns over the COVID pandemic.

As the industry puts behind them, here's a look at some of the players that made notable comebacks this year. Topics covered: retail tech, e-commerce, in-store operations, marketing, and more. Search x. An article from.



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