Seasons Kosher Supermarkets, With branches in New Jersey and New York, has voluntarily filed a petition for reorganization under Chapter 11 of the Bankruptcy Code.
“We are focusing on emerging from the Chapter 11 filing with a stronger balance sheet and to fully restore operations,” the company said in a statement.
Seasons said they have a commitment of up to $6 million in private funding to help them “fully stock the shelves, fulfill current vendor obligations and continue to operate normally during the restructuring period.”
“There is nothing we love more than providing Seasons’ family with the warmest kosher shopping experience, and we look forward to refocusing on that singular goal,” said Mayer Gold, CEO Seasons.
With several parties already interested in investing in the Company, Seasons anticipates a relatively short reorganization process and bright future as we continue to serve our neighborhoods.
Is Bingo moving in?
It is such a pleasant shopping experience. I don’t live near a Seasons store, but I have relatives in NJ who do. I stock up from Seasons whenever I go to visit!
Sessions is a great store great customer service and always fresh meat and vegetables every one should shop there
I usually shop at Seasons in Clifton New Jersey that store is closing? (I bought all my shopping for the holidays so I won’t be going back till after the holidays)…….