Showfields, Once Named The Most Interesting Store In The World, Files For Bankruptcy ...Middle East

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Showfields, Once Named The Most Interesting Store In The World, Files For Bankruptcy
Showfield’s first location in Manhattan, which has now closed. Getty Images for the fileist Showfields filed for Chapter 11 bankruptcy protection, just a few weeks after closing its Manhattan and Miami locations. Designed as a lifestyle and discovery store to make the retail experience more interactive and engaging, the retailer positioned itself as “the most interesting store in the world” when it launched in 2019. What happened? Hit by the pandemic and the combination of declining sales and mounting debt, Showfields filed for bankruptcy last Friday, at which point its CEO declared having just over $3,000 in cash and up to $10 million in liabilities according to court filings. After open

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