The assets of the recently shuttered Foxtrot Market will go under the hammer this Friday. Items up for grabs range from inventory and furniture to fixtures and intellectual property.
As per a public filing, the defunct retailer will auction off “substantially all” of its assets, encompassing “inventory, intellectual property, accounts, chattel paper, documents, furniture, fixtures & equipment, general intangibles, and goods.”
The auction is scheduled for Friday at 10 a.m. Pacific Time, to be conducted via a Microsoft Teams video meeting.
In April, Foxtrot’s parent company Outfox Hospitality swiftly shut down all 33 Foxtrot and Dom’s Kitchen stores, citing lack of “viable options” for business continuation. The company issued a public announcement of immediate store closures at 11:30 a.m. Central Time on Tuesday, April 23, ceasing all operations shortly after store managers were informed of the closure by corporate.
Foxtrot began as a delivery-only app in Chicago before venturing into the brick-and-mortar convenience sector as a boutique market featuring upscale, locally sourced products, a curated wine collection, coffee, and customizable food options. Additionally, the brand offered private-label snacks and confectioneries.
With rapid expansion, Foxtrot established 15 locations in Chicago and 17 stores across Dallas, Austin, Texas, and Washington D.C. in recent years. In 2022, the brand secured $160 million in Series C funding and later merged with Chicago grocer Dom’s Kitchen & Market in November to create Outfox Hospitality.
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