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Southern Season Files For Bankruptcy

Chapel Hill, NC-based Southern Season has filed for chapter 11 bankruptcy.

According to the News & Observer, the company filed for bankruptcy protection while re-structuring its business model to focus on its smaller-scale stores and online sales.

The company shuttered its Richmond store in April and recently announced the closing of its Mt. Pleasant, SC-based location as well. However, Southern Season will open a store in the Buckhead section of Atlanta, GA this summer and will continue to expand its A Taste Of Southern Season locations.

“We built a really loyal following there but it wasn’t big enough to support the size of the store,” Brian Fauver, CFO, told News & Observer. “With these big stores come liabilities that are not part of our go-forward plan.”

 



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