Sur La Table Files Bankruptcy With Possible Sale to Fortress (1)

Sur La Table Inc., the specialty retailer of high-end kitchen wares and cooking classes, filed for bankruptcy with plans that could result in a sale to affiliates of Fortress Investment Group.

The company’s Chapter 11 filing in New Jersey includes financing to keep Sur La Table in business and support from its existing lenders, according to a statement Wednesday. The Seattle-based company listed assets and liabilities of as much as $500 million each in its bankruptcy petition.

The chain closed its stores and canceled cooking classes across the country in March as the virus clamped down on commerce ...