Luxury Grocer Dean & DeLuca Closes Manhattan Store

Dean & DeLuca, the gourmet grocer, has shut its flagship location in Manhattan, Bloomberg News reported.

According to a notice posted on the door, which said the store will reopen soon, the SoHo closing may be only temporary. The chain has been facing stalling sales and a competitive landscape from bigger rivals with massive capital such as Amazon, Trader Joe’s and Whole Foods. Reportedly, suppliers have gone to court over unpaid bills. In weeks leading up to the closure, shelves at the main store were bare, and other U.S. locations have been closed as well.

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