Make us your home page

Business as usual at Alessi Bakery despite bankruptcy filing

TAMPA — Phil Alessi, owner of the 100-year-old Alessi Bakery, reassured customers Tuesday that business will continue as usual, despite its recent Chapter 11 bankruptcy.

"We feel very confident that we will get out of this and prosper,'' he told reporters at Alessi's manufacturing plant near Town 'N Country.

The bakery, incorporated as Phil's Cake Box Bakeries, filed for bankruptcy protection Sept. 5 after struggling to pay its debt amid declining sales related to the recession. Its retail store and restaurant on W Cypress Street remains open.

Alessi said the fourth-generation, family-owned business ran into financial troubles in 2007 when it bought a 100,000-square-foot manufacturing facility on Eagle Trail Drive, just as food orders began to drop. Before that, the bakery had successfully operated out of 30,000-square-foot plant in Drew Park.

Company officials will look to "right size'' the company through cost-cutting measures and management shifts, he said. None of the 150 employees are expected to be laid off.

The bakery is in negotiations to make and package food items for a major manufacturer. It also plans to start home delivery of its scachatta pizza and desserts and may lease some office and assembly space at its manufacturing plant.

If all goes as planned, the company could emerge from bankruptcy in a year.

Alessi thanked customers for their support since news of the bankruptcy spread. Cash mobs that descended on the store over the weekend did a lot to boost sales.

Alessi celebrates its 100th anniversary Oct. 5-7.

Business as usual at Alessi Bakery despite bankruptcy filing 09/18/12 [Last modified: Tuesday, September 18, 2012 6:58pm]
Photo reprints | Article reprints

© 2017 Tampa Bay Times


Join the discussion: Click to view comments, add yours

  1. Last orca calf born in captivity at a SeaWorld park dies


    ORLANDO — The last killer whale born in captivity under SeaWorld's former orca-breeding program died Monday at the company's San Antonio, Texas, park, SeaWorld said.

    Thet orca Takara helps guide her newborn, Kyara, to the water's surface at SeaWorld San Antonio in San Antonio, Texas, in April. Kyara was the final killer whale born under SeaWorld's former orca-breeding program. The Orlando-based company says 3-month-old Kyara died Monday. [Chris Gotshall/SeaWorld Parks & Entertainment via AP]
  2. Miami woman, 74, admits to voter fraud. Does jail await, or will she go free?

    State Roundup

    MIAMI — An 74-year-old woman pleaded guilty Monday to filling out other people's mail-in ballots while working at Miami-Dade's elections department.

    Gladys Coego
  3. Bigger ships carry Georgia ports to record cargo volumes

    Economic Development

    SAVANNAH, Ga. — Bigger ships arriving through an expanded Panama Canal pushed cargo volumes at Georgia's seaports to record levels in fiscal 2017, the Georgia Ports Authority announced Monday.

    The Port of Savannah moved a record 3.85 million container units in fiscal 2017, the state said, benefiting from the larger ships that can now pass through an expanded Panama Canal.
  4. Dragon ride in Harry Potter section of Universal closing for new themed ride


    Universal Orlando announced Monday that it will close Dragon Challenge for a new "highly themed" Harry Potter ride to open in 2019 — sending wizard fans into a guessing game with hopes for a Floo Powder Network or the maze from the Triwizard Tournament.

    Universal Orlando announced Monday that it will close Dragon Challenge on Sept. 5 for a new "highly themed" Harry Potter ride to open in 2019. The ride, originally the Dueling Dragons roller coaster, was renamed and incorporated into the Wizarding World of Harry Potter when the hugely popular area opened in 2010.
  5. Would you let your company implant a chip in you?

    Working Life

    Would you ask an employee to get a chip implanted in her hand? Sounds invasive and intrusive. But come Aug. 1, one company in Wisconsin will be giving it a try.

    Three Square Market - a developer of software used in vending machines - is offering all of its employees the option to get a microchip implanted between the thumb and forefinger. [Photo from video]