Sigel's Beverages, a 111-year old Dallas-based chain, files for bankruptcy

Sigel's Beverages, a Dallas-based chain of 10 stores, filed for bankruptcy protection late Thursday.

The retailer was founded in Dallas in 1905. Competition has accelerated in recent years as bigger alcoholic beverage retailers have expanded into North Texas. Houston-based Spec's and Maryland-based Total Wine & More opened their first stores here in 2011. Since then both companies have opened multiple stores cutting into Sigel's business.

The number of locations where consumers can stop off and pick up wine for dinner has rapidly accelerated in the last five years as more cities voted to allow beer and wine sales.

The area from Walnut Hill in Dallas all the way up to the Red River to Oklahoma used to be dry.

Read more: http://www.dallasnews.com/business/retail/2016/10/21/sigels-beverages-111-year-old-dallas-based-chainfiles-bankruptcy