With financing in place, the company will look to sell itself following the closure of select stores across the country. Which locations will be shuttered is not yet known. The kitchenware specialty retailer as of its bankruptcy filing operated 121 locations. More than 50 stores are expected to close in the coming months.
Following the sale, it is expected that Sur La Table will continue with a roster of its most successful stores while also operating what company officials labeled a thriving e-commerce business. In addition, its popular in-person and online cooking classes will continue.
Jason Goldberger, CEO of Sur La Table commented: “This sale process will result in a revitalized Sur La Table, positioned to thrive in a post-COVID-19 retail environment,” said Jason Goldberger, the retailer’s CEO. “[We] will be 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.”
Shoppers with questions about Sur La Table may visit the FAQ developed by the retailer.