Anthonys filed for Chapter 11 bankruptcy in 1991 after bank lenders refused to fund seasonal line of credit after technical default on a loan  At the time it operated 182 stores in the United States.
In 1991, Anthonys sought Chapter 11 bankruptcy protection after its bank creditors declined to provide financing for its seasonal credit line, resulting from a technical breach of loan terms. Meanwhile, the company maintained operations at 182 locations within the US.