09/24/2013 04:29 pm ET Updated Sep 25, 2013

Fox & Obel Closing Permanently: Upscale Chicago Grocer Shuttering After Declaring Bankruptcy

Flickr: Proxy Indian

Updated story

Fox & Obel, the "gourmet" grocer and cafe located in Chicago's River North neighborhood, is closing for good, according to court filings.

Just days after Fox & Obel filed for bankruptcy protection amid allegations that the head of the investment group that owns the grocer used investor dollars intended for the business as "a private piggy bank," the store had a "temporarily closed" sign on its door and no one was picking up the phone Tuesday, according to an Eater Chicago report.

And on Wednesday, the Chicago Tribune reported that the grocer plans to shut down permanently and sell of all of its assets.

The company's Facebook and Twitter accounts have also gone silent since Sept. 16.

News of the store's plans to close permanently comes on the heels of it closing abruptly in July after it failed to correct several health code violations.

Photo by Proxy Indian via Flickr.



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