Tuesday, August 23, 2016

Southern Season Sold at Auction

After a startlingly quick rollercoaster ride, Chapel Hill, N.C.-based Southern Season was sold at auction on Friday, Aug. 19, to Montchanin, Del.-based Calvert Retail LP. Calvert owns six Kitchen & Company stores (three in Delaware, and one each in North Carolina, South Carolina and New Hampshire) and two Reading China & Glass stores, both in Pennsylvania.
 
Southern Season’s troubles came to light this past spring. In April, the company closed its Richmond, Va., store and was in the process of closing its Charleston, S.C., store when it filed for chapter 11 bankruptcy protection on June 24.. . . more

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