Foxtrot Markets Suddenlys Shut Down, Leaving Chicagoans and Other Fans in Shock [Yahoo! Finance]
Kroger Company (The) (KR)
Last kroger company (the) earnings: 3/5 08:30 am
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Source: Yahoo! Finance
Chicagoans headed to their local Foxtrot Markets on Tuesday, expecting to swing in for coffees, pastries, and perhaps a grab-and-go lunch. Instead, they got a nasty surprise. With no warning, Foxtrot abruptly shut all 33 of its stores in Chicago, Texas, and Washington, D.C., as well as two Dom's Kitchen and Market stores, a small upscale Chicago grocery chain that it acquired in November. Related: Amazon Says Its New Unlimited Grocery Delivery Subscription Practically Pays for Itself In an announcement , Outfox Hospitality said, “We explored many avenues to continue the business but found no viable option despite good faith and exhaustive efforts.” Along with closing its stores, the Dom's Go/Foxtrot app was shut down, and all customer focused operations, such as delivery, were disabled. Snaxshot , a Substack newsletter, reported that Outfox Hospitality planned to seek Chapter 7 bankruptcy, meaning it would be liquidating its properties. The company did not mention a bankruptcy
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News
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KR
Earnings
- 3/7/24 - Beat
KR
Sec Filings
- 4/29/24 - Form 4
- 4/26/24 - Form 4
- 4/25/24 - Form 4
- KR's page on the SEC website