SAN FRANCISCO (CBS SF) – The French kitchen goods store that has brought a bit of provence to American cooks, ‘Sur La Table’ filed for Voluntary Chapter 11 bankruptcy.
The company made the announcement on Wednesday.READ MORE: Man Charged With 4 Felonies In Danville, San Ramon Robbery Crime Spree
The high-end cooking and kitchen retailer may be sold to a California investment group, according to a press release.READ MORE: OPD: 'Violent Robbery Caravans' Confronting Police On Oakland Streets
“This sale process will result in a revitalized Sur La Table, positioned to thrive in a post COVID-19 retail environment. 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,” said CEO Jason Goldberger.MORE NEWS: 'Intoxiflation': Despite Higher Prices, Floridians Will Continue Buying Booze Over Holiday Season
Sur La Table has several stores in the Bay Area, including San Francisco, Berkeley, Walnut Creek and San Jose.