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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. [290] Sur La Table filed for Chapter 11 bankruptcy in July 2020. [22] It was subsequently acquired by Marquee Brands and CSC Generation. [291]
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]
Once a mall stalwart, this well-known fashion retailer went bankrupt at the beginning of 2017 and closed all of its roughly 250 stores. Though it initially planned to become an e-commerce company ...
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 ...
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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 ...