New York City food emporium Dean & Deluca, known for its upscale groceries and fancy café/bakery, has closed its last location after the small, 42-year-old chain quietly whittled down out of existence.
The last location of the gourmet grocer — its flagship location in Soho — put up a sign on the door on Oct. 7 saying “it is with deep regret that we announce the temporary closing of this location and will reopen soon” but the fact that the sign did not mention possible renovations or an approximate opening date has led to speculation that the closure is more permanent than temporary. This closure follows the chain’s second to last location closing on Sept. 24 in The New York Times building.
In July, The New York Times reported that Dean & Deluca, which is now owned by Thai real estate company, Pace Development, had begun closing locations as debts piled up. The brand, which was still expanding into new markets, began pulling out of leases, and withholding payments from vendors. The remaining stores began stocking shelves with big brand names instead of artisanal products.
After Pace Development took over in 2014, every single one of its 40 stores has since closed.
“I’m rooting for him to restore the grandeur of the better days,” co-founder Giorgio DeLuca told the New York Times in July. “Why keep it open if only to sell Coca-Cola?”