Foxtrot, Dom’s Parent Company Files for Bankruptcy

Outfox Hospitality, the parent company of upscale convenience store chain Foxtrot and small-format grocer Dom’s Kitchen & Market, filed for Chapter 7 bankruptcy in Delaware bankruptcy court. 

In the bankruptcy filing, Outfox said it would only have enough money to cover administrative expenses and said it would not have any funds to pay creditors. The company has an estimated 5,000 to 10,000 creditors as well as between $10 million and $50 million in both assets and liabilities.

On April 23, all Foxtrot Market and Dom’s Kitchen & Market locations suddenly closed their stores, a mere six months after the two chains had announced a merger. The closures impacted 33 Foxtrot locations in Chicago, Washington, D.C., Dallas and Austin, as well as two Dom’s stores.

In a recent foreclosure sale, Foxtrot’s assets were sold for approximately $2.2 million to Further Point Enterprises in an auction conducted by JPMorgan Chase Bank, to which Foxtrot was a debtor.

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