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Furrs Supermarkets – New Mexico/West Texas; went bankrupt in 2001. Genuardi's – defunct as of 2012 as a chain; 2015 all locations; Giant – Ralphs big box format; Southern California; Giant Open Air – merged with Farm Fresh Food & Pharmacy; Haggen – west coast regional chain, acquired by Albertsons. Several locations still exist.
Stein Mart filed for Chapter 11 bankruptcy in August 2020 with intent to close all of its locations due to the COVID-19 pandemic. [288] Sur La Table filed for Chapter 11 bankruptcy in July 2020. [22] It was subsequently acquired by Marquee Brands and CSC Generation. [289]
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As pandemic restrictions loosen, bankrupt companies get a new lease on life.As the pandemic swept across the globe in 2020, a new sort of crisis began to emerge: bankruptcies.
A grocery store chain that flourished throughout Indiana and Ohio, eventually opening dozens of stores, Marsh Supermarkets filed for bankruptcy in 2017. Founded in 1931, it lasted for 88 years ...
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
The COVID-19 pandemic exacerbated many issues affecting retailers, as many were forced to shut down due to non-pharmaceutical interventions that were issued in an effort to mitigate the pandemic. [35] At the same time, online shopping boomed during the coronavirus-related lockdown, even though it came back down starting in 2022. [36]
As the economy emerged out of the Covid-19 pandemic, companies faced a laundry list of problems arising from high costs, supply shortages and growing competition. ... Here are 7 of the well-known ...