High-end kitchenware chain Sur La Table files for bankruptcy and closes over 50 stores

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• Luxury kitchenware chain Sur La Table has filed for Chapter 11 protection, becoming the latest in a growing line of retailers filing for bankruptcy amid the coronavirus pandemic.
• The company is reportedly working on a sale with Fortress Investment Group, which recently made an acquisition of burger chain Krystal.
• "This sale process will result in a revitalized Sur La Table, positioned to thrive in a post COVID-19 retail environment," Jason Goldberger, Sur La Table's chief executive, said in a statement. 
• Visit Business Insider's homepage for more stories.

High-end kitchenware chain Sur La Table is the latest retailer filing for bankruptcy following temporary store closures amid the pandemic.

The Seattle-based luxury kitchen retailer said on Wednesday it plans to continue operations of successful stores, in-person and online cooking classes, and its e-commerce business. See the rest of the story at Business Insider

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