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July 10, 2020

Sur La Table will seek bankruptcy

SEATTLE (AP) — Cookware and kitchen chain Sur La Table is closing 56 of its 121 stores as it seeks bankruptcy protection, the latest retail casualty of the coronavirus pandemic.

The privately held Seattle-based company said that it has agreed to sell the remaining stores to affiliates of Fortress Investment Group following the bankruptcy procedure and store closures. The post-sale company will also include its in-person and online cooking classes, and its e-commerce business.

“This sale process will result in a revitalized Sur La Table, positioned to thrive in a post COVID-19 retail environment,” said CEO Jason Goldberger.

Sur La Table had its start in Seattle's Pike Place Market in 1972.




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