Earth Fare files for bankruptcy, day after announcing store closures

Based upon the filing Earth Fare could be sold to an interested party

ROANOKE, Va. – Natural food grocery chain Earth Fare filed for Chapter 11 bankruptcy on Tuesday.

This filing comes a day after the company announced it would be closing all 50 stores.

The company listed liabilities of $100 million to $500 million and assets of $100 million to $500 million.

The company also has an estimated 10,001-25,000 creditors.

Company officers may “enter into negotiation with any interested parties regarding a purchase of any or all of the assets of the company,” according to the filing.

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