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Harry & David files for bankruptcy
Medford, Ore. -- Harry & David Holdings filed for Chapter 11 bankruptcy protection on Monday, according to a filing.
The gift basket retailer will continue to operate the business as debtors under the jurisdiction of the bankruptcy court. The company has nearly $200 million in outstanding debt.
Harry & David sells its products through catalogs, its website and in stores, which are primarily in factory outlet malls across the nation. -
Potbelly Sandwich to open first New York location
New York City -- TF Cornerstone said it recently signed a 15-year, 2,800-sq.-ft. lease with Potbelly Sandwich Shop at 2 Gold Street, a 650 unit luxury residential building.
The location is the chain’s first in New York. Potbelly joins existing tenants Pret-A-Manger, Goodburger and Hot Clay Oven.