Bombay Pantry announced its closure due to continued market challenges, expressing gratitude to customers for their loyalty and highlighting the tough decision faced by the company.
The rescue effort in 2022, which involved examinership, successfully saved 40 jobs and restructured leases, but ultimately could not prevent the company's closure amid persistent difficulties.
Examinership allowed for a more extended reorganization process, enabling negotiations with various creditors and a focus on finding a potential buyer to sustain part of the business.
Despite the previous success in saving some operations and negotiating terms with landlords, the challenges posed by the market ultimately led to the closure of Bombay Pantry.
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