Earth Fare
Smaller organic food stores are discovering that the colossus Whole Foods and its owner, Amazon, are unbeatable. As a result, earth Fare, based in Asheville, North Carolina, has decided to call it quits. The chain announced in early February that it would close all 50 of its natural foods supermarkets in ten Southern and Midwestern states. The company then declared bankruptcy, just as going-out-of-business sales were getting began. The original Earth Fare restaurant, Dinner for the Earth, opened in 1975. It was replaced in 1993.
Bose
Because it is no longer interested in maintaining brick-and-mortar stores, Bose is closing all 119 of its retail locations in North America, Europe, Japan, and Australia. Furthermore, the Bose website shows 50 sites in the United States, all of which will close within the next several months. In 1993, the first Bose store in the United States opened to allow customers to test and sample the company’s products. Bose, on the other hand, argues that its clients are increasingly shopping online.