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In addition to our normal news coverage, What Now Atlanta is tracking ways Atlanta’s businesses are adapting to the novel coronavirus and the challenges it brings to brick-and-mortars.
Sur La Table is closing nearly half of its stores as part of a bankruptcy filing including its only two Georgia locations in Phipps Plaza, at 3500 Peachtree Road, Suite 1035, and in North Point Mall, at 1082 North Point Circle. Sur La Table will shutter both locations “in August or September,” according to the website for the kitchenware retailer.
The Seattle-based company since 1972 on Wednesday filed for Chapter 11 bankruptcy protection and said it would close 51 of its 121 stores.
“This sale process will result in a revitalized Sur La Table, positioned to thrive in a post-COVID-19 retail environment,” Jason Goldberger, CEO of Sur La Table, said in a press release announcing the bankruptcy. “Sur La Table will have a balance sheet and retail footprint optimized to position the Company for a bright future that continues our nearly 50-year tradition of offering high-quality cooking products and experiences to our customers.”
As of July 4, 2020, Sur La Table had reopened all 121 of its stores across the country in accordance with C.D.C., federal, state, and local guidelines.
Sur La Table joins a growing list of national retailers that have filed bankruptcy citing financial woes brought on by the novel coronavirus. Click here to see the growing list of closures and filings.
[Editor’s note: The novel coronavirus (COVID-19) pandemic is rapidly evolving as is its effect on Atlanta, and the City’s businesses and its residents. Click here for What Now Atlanta’s ongoing coverage of the crisis. For guidance and updates on the pandemic, please visit the C.D.C. website.]