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35°
Saturday, dec 28
Tag:
ECommerce
Business
Covid-
19: Retailer Closing Connecticut Location
A popular retailer has filed for bankruptcy and plans to permanently close nearly half its stores, including one in Connecticut, after temporary store closures amid the novel coronavirus (COVID-19) pandemic. Kitchen goods retailer Sur La Table made the Chapter 11 filing late this week, saying 51 of 121 stores will close. The Seattle-based company, founded in 1972, brands itself as "the leading retail destination for those passionate about cooking and entertaining." The company announced it would sell its remaining stores and brand names to Fortress Investment Group. "Following the sale, …