{"id":1432,"date":"2013-03-16T00:00:00","date_gmt":"2013-03-15T17:00:00","guid":{"rendered":"http:\/\/35.224.237.165\/index.php\/2019\/02\/25\/americas-most-european-supermarket-indeed-treasure-island-files-for-bankruptcy\/"},"modified":"2019-02-26T04:57:28","modified_gmt":"2019-02-25T21:57:28","slug":"americas-most-european-supermarket-indeed-treasure-island-files-for-bankruptcy","status":"publish","type":"post","link":"https:\/\/chicagoshadydealer.com\/index.php\/2013\/03\/16\/americas-most-european-supermarket-indeed-treasure-island-files-for-bankruptcy\/","title":{"rendered":"America\u2019s Most European Supermarket, Indeed: Treasure Island Files for Bankruptcy"},"content":{"rendered":"<p><img decoding=\"async\" src=\"https:\/\/shadybucket.s3.amazonaws.com\/images\/hyde_park_treasure_island.width-1280.jpg\" alt=\" \" \/><\/p>\n<h6>By <a href=\"\/search?author=Chicago Shady Dealer News Desk\">Chicago Shady Dealer News Desk<\/a><\/h6>\n<h6>Sept. 29, 2018<\/h6>\n<p>\u00a0<\/p>\n<p>Treasure Island, a Hyde Park grocery store that touts itself as \u201cAmerica\u2019s Most European Supermarket\u201d took its emulation of Europe a step further today, announcing that it was bankrupt after years of serious financial problems. The announcement, inspired by persistent economic turmoil in the EU, has set the store apart as one of the most authentic havens of European culture in Hyde Park.\u00a0<\/p>\n<p>\u00a0<br \/>\u201cWe\u2019re always thinking of ways to make your TI experience as genuine as possible, whether it\u2019s our overpriced imported snacks or dreary, mouldy ambience,\u201d said manager William Bixby. \u201cSo, when we saw that the European Union was being devastated by financial issues and ineffective economic policy, we knew just how to incorporate that into our store.\u201d\u00a0<br \/>\u00a0<br \/>The supermarket, following the example of the EU\u2019s member nations, accrued massive debts that it had no ability to pay off. Its management descended into petty squabbles, making it difficult for the store to address its financial woes. After the failure of supermarket-wide austerity measures and the departure of the store\u2019s bread department (commonly referred to as Breadxit), Treasure Island filed for bankruptcy and was finally forced to close its doors.\u00a0<br \/>\u00a0<br \/>\u201cIt couldn\u2019t have gone better,\u201d continued Bixby. \u201cThe whole thing was a disaster right up to the end; it was just like our own little slice of Europe.\u201d<br \/>\u00a0<br \/>Treasure Island will be replaced by a Russian-owned grocery store conglomerate, which plans to open another twelve stores in Hyde Park by the end of the fiscal year.\u00a0<\/br><\/br><\/p>\n<\/p>\n<\/p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Chicago Shady Dealer News Desk Sept. 29, 2018 \u00a0 Treasure Island, a Hyde Park grocery store that touts itself as \u201cAmerica\u2019s Most European Supermarket\u201d took its emulation of Europe a step further today, announcing that it was bankrupt after years of serious financial problems. The announcement, inspired by persistent economic turmoil in the EU, has set the store apart as one of the most authentic havens of European culture in Hyde Park.\u00a0 \u00a0\u201cWe\u2019re always thinking of ways to make your TI experience as genuine as possible, whether it\u2019s our overpriced imported snacks or dreary, mouldy ambience,\u201d said manager William Bixby. \u201cSo, when we saw that the European Union was being devastated by financial issues and ineffective economic policy, we knew just how to incorporate that into our store.\u201d\u00a0\u00a0The supermarket, following the example of the EU\u2019s member nations, accrued massive debts that it had no ability to pay off. Its management descended into petty squabbles, making it difficult for the store to address its financial woes. After the failure of supermarket-wide austerity measures and the departure of the store\u2019s bread department (commonly referred to as Breadxit), Treasure Island filed for bankruptcy and was finally forced to close its doors.\u00a0\u00a0\u201cIt couldn\u2019t have gone better,\u201d continued Bixby. \u201cThe whole thing was a disaster right up to the end; it was just like our own little slice of Europe.\u201d\u00a0Treasure Island will be replaced by a Russian-owned grocery store conglomerate, which plans to open another twelve stores in Hyde Park by the end of the fiscal year.\u00a0<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1432","post","type-post","status-publish","format-standard","hentry","category-komono"],"_links":{"self":[{"href":"https:\/\/chicagoshadydealer.com\/index.php\/wp-json\/wp\/v2\/posts\/1432","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/chicagoshadydealer.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/chicagoshadydealer.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/chicagoshadydealer.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/chicagoshadydealer.com\/index.php\/wp-json\/wp\/v2\/comments?post=1432"}],"version-history":[{"count":1,"href":"https:\/\/chicagoshadydealer.com\/index.php\/wp-json\/wp\/v2\/posts\/1432\/revisions"}],"predecessor-version":[{"id":2465,"href":"https:\/\/chicagoshadydealer.com\/index.php\/wp-json\/wp\/v2\/posts\/1432\/revisions\/2465"}],"wp:attachment":[{"href":"https:\/\/chicagoshadydealer.com\/index.php\/wp-json\/wp\/v2\/media?parent=1432"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/chicagoshadydealer.com\/index.php\/wp-json\/wp\/v2\/categories?post=1432"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/chicagoshadydealer.com\/index.php\/wp-json\/wp\/v2\/tags?post=1432"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}