Seasons, the American kosher supermarket chain that declared bankruptcy last year, has new owners and is reopening one of its closed locations.
The bankruptcy filing in September was big news because Seasons, founded in New York City’s Queens borough in 2011, had national ambitions. In addition to stores across the city, Seasons had opened a location in Maryland and was on the verge of doing so in Ohio.
But those stores were closed, along with the Seasons supermarkets on Manhattan’s Upper West Side and in suburban Scarsdale, New York. At the time of the bankruptcy filing, Seasons was more than $40 million in debt. Though the debt is still being dealt with, a spokesman told JTA that management is “charging full steam ahead.”
To read the rest of the story, please go to: Times of Israel
