Retail News

Dean & DeLuca faces lawsuits as it retrenches

New York Post 05/28/2018

Big plans to turn Dean & DeLuca into a large, specialty grocery chain have failed to materialize leading to lawsuits against the retailer for failing to pay its suppliers. Dean & DeLuca was acquired in 2014 for $140 million by Pace Development Corp., a real estate firm based in Thailand.

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