Foxtrot to Reopen Dozen Stores After Abrupt Closures

Co-founder Mike LaVitola leads the revival under new ownership, aiming to rehire former employees and regain customer trust.

Foxtrot, which filed for Chapter 7 bankruptcy in April, will reopen stores in Chicago and Texas.
New owner Further Point Enterprises purchased Foxtrot's assets for $2.2 million.
Former CEO Mike LaVitola returns to helm the company's comeback.
About a dozen stores, including locations in Austin and Chicago, are set to reopen this summer.
The company plans to rehire many of the employees who were let go during the closures.