Grocery chain shuttering all but 1 location after quietly filing bankruptcy – only single ‘flagship’ store will stay

Grocery chain shuttering all but 1 location after quietly filing bankruptcy – only single ‘flagship’ store will stay

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A HIGH-END grocery store will be shutting several of its iconic locations as the company files for bankruptcy. 

Pusateri’s Fine Foods, a Toronto-based grocer, filed for bankruptcy on Tuesday and announced it will consolidate its stores, leaving only the flagship store open.

Pusateri’s Fine Foods announced it will close several locations

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Pusateri’s Fine Foods announced it will close several locationsCredit: Getty
The high-end grocer will leave only its flagship store open

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The high-end grocer will leave only its flagship store openCredit: Getty
The store said closing the locations will help with long term success

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The store said closing the locations will help with long term successCredit: Getty

The grocery chain announced that the Bayview Village, Yorkville, and Little Italy will all close, along with the warehouse that supplied products to its branches, CP24 reported.

“It’s important to note, Pusateri’s Avenue Road will not be negatively impacted by this restructuring,” Paolo Pusateri, head of marketing for the grocer said. 

“On the contrary, these steps are being taken to strengthen and ensure the long-term success of this location, allowing for a clearer focus on providing a winner customer experience of exceptional quality products and service.”

Pusateri’s flagship store on Avenue Road and its Saks Food Hall location will remain open. 

READ MORE ON STORE CLOSURES

“Through these difficult changes, we strongly believe that the long-term sustainability of the company can be secured,” Pusateri said. 

“To that end, we are deeply impacted by these changes, and we understand this is disappointing news for our customers and community.” 

The Fine Foods grocery store is just one of many small businesses being forced to shut down. 

A beloved New York City Mexican restaurant recently closed after 52 years in business.

Mexico Linda posted a long heartfelt message to its longtime patrons after it announced it would close on July 31.

Antonio and Leonor Bonilla opened the restaurant in 1972, but it has since been taken over by their children.

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“After 52 beautiful years of serving NYC; we will be closing Mexico Lindo Restaurant on July 31st,” the note began.

“It has been the honor of a lifetime to have provided our family traditions, home cooked meals and love filled hospitality to your celebrations of life. We are proud to have been such a big part of your lives. It is with tremendous love and appreciation that we say adios.”

The store thanked its friends, family, and customers for their support throughout the years.

“We would like to thank all our family, friends and amazing customers who made it possible for us to be here thru out all these years.”

Most importantly, the note honored the original founders, Antonio and Lenor.

“They instilled in us a hard work ethic, the power of positivity and the art of hospitality. We know our dad Tony is looking down and smiling upon us with his glass of red wine.

“Thank you to our mom Leo who continues to give us the strength we need and guidance of wisdom for our next steps forward.”

Fans of the restaurant mourned the closing under an Instagram post from July 18.

“One of the last remaining gems in New york Chorizo and Guacamole and my personal favorite steak with onions !!! 

“Love you, and I will be there,” one customer commented.

Pusateri’s Fine Foods statement

“Through these difficult changes, we strongly believe that the long-term sustainability of the company can be secured,” Pusateri said.

“To that end, we are deeply impacted by these changes, and we understand this is disappointing news for our customers and community.” 

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