Earth Fare
Smaller organic grocery stores are learning that Whole Foods Market and its owner, Amazon, are unbeatable. As a result, Asheville, North Carolina-based Earth Fare has decided to give up the fight. The chain announced in early February that all 50 of its natural foods supermarkets in ten Southern and Midwestern states would close. The company then filed for bankruptcy just as going-out-of-business sales were getting underway. The first Earth Fare restaurant, which opened in 1975, was called Dinner for the Earth. It was replaced in 1993.
Bose
Because it is no longer interested in having brick-and-mortar stores, Bose is closing all 119 of its retail locations in North America, Europe, Japan, and Australia. Furthermore, the Bose website lists 50 locations in the United States that will all close in the coming months. Customers could test and experience the company’s products at the first Bose store in the United States, which opened in 1993. Bose, on the other hand, claims that its customers are increasingly doing their shopping online.