Sur La Table is among the lucky, in part because it had a well-positioned business prior to the pandemic. The rest would be sold to an investment firm. The retail giant — known for its well-curated selection of kitchen tools, ceramics, and home goods, as well as popular … It appears the economic downturn from COVID-19 may claim a major Seattle-based cookware company. Sur La Table is coming in hot with a huge online sale that’s hard to resist. Ascena Retail Group Inc., ... Sur La Table. Kitchenware retailer Sur La Table has filed for Chapter 11 bankruptcy protection in this cuckoo crazy coronavirus world. Since the bankruptcy filing, Sur La Table has a number of its products on sale right now. Following the sale, the Company will include its successful retail stores, popular in-person and online cooking classes, and its thriving eCommerce business. Annually it makes about $80 million from e … Sur La Table, which started at Pike Place Market 48 years ago, is preparing to file for bankruptcy, according to a recent Bloomberg report, and may be pursuing a sale.. Sur La Table got its start in Seattle's Pike Place Market in 1972. Sur La Table plans to close more than 50 locations, according to a report by Business Insider, as it looks to sell 70 stores to the private equity firm Fortress Investments. “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 news release. The 50-year-old company stressed that they are not going out of business, and that these measures are important for them to prosper. “This sale process will result in a revitalized Sur La Table, positioned to thrive in a post COVID-19 retail environment,” Sur La Table CEO Jason Goldberger said in a news release. From now until Monday, you can get up to 65 percent off cookware from popular brands including Le … “This sale process will result in a revitalized Sur La Table, positioned to thrive in a post-COVID-19 retail environment,” Sur La Table CEO, Jason Goldberger, explained in a press release this past Wednesday. "This sale process will result in a revitalized Sur La Table, positioned to thrive in a post COVID-19 retail environment," says CEO Jason Goldberger in a statement. If your local store isn’t holding a going-out-of-business sale, you can also find items as cheap as $2 online. Lane Bryant. I must remind you that filing for Chapter 11 bankruptcy does not mean a company is going out of business—it means it’s working on reorganizing its debt and restructuring so that it has a chance to emerge from bankruptcy as a healthy, functioning company. 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