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Webvan was a dot-com company and grocery business that filed for bankruptcy in 2001 after 3 years of operation. It was headquartered in Foster City, California , United States. It delivered products to customers' homes within a 30-minute window of their choosing. [ 2 ]
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Sport Chalet – went bankrupt and closed in 2016; Sportswest – owned by Pay 'n Save and spun off in 1984; acquired by Big 5 Sporting Goods in 1988; Sunny's Surplus – went bankrupt in 2000 but emerged in 2001; filed for bankruptcy again in 2007 and closed most locations; three reopened in late 2007 but shut down again in 2008
Strack & Van Til is a grocery store chain with locations in Northwest Indiana.Stores operate under the banners of Strack & Van Til and Town & Country Food Market. On May 2, 2017, an involuntary petition under Chapter 7 of the US Bankruptcy Code was filed against Central Grocers, Inc, parent company of SVT, LLC. in the US Bankruptcy Court for the Northern District of Illinois.
Its first bankruptcy happened in May 2020, during the peak of the pandemic because of prolonged store closures that caused an “insurmountable financial hurdle.” It previously had 700 locations ...
Retail bankruptcies were rampant in 2018. For premium support please call: 800-290-4726 more ways to reach us
Munchery Inc. was an online food ordering and meal delivery service that served parts of San Francisco, Seattle, and New York City. [3] The company shut down abruptly on January 21, 2019. [4] It was valued at $300 million. [5] The website currently relaunched as a recipes-only website.
2017 is set to go down as the year of the retail apocalypse. Brick-and-mortar chains have announced more store closings this year than any other on record. 15 retailers that went bankrupt in 2017