Faul began research for a new business when he realized his job could evaporate in a corporate merger or store closure.
This included a 6.9pc fall in the UK because of planned store closures.
The first of the store closures began at the end of January 2011.
After a series of store closures, the remaining two stores were shut down in March 2009.
The company experienced rapid growth in 2007 and 2008, followed by a series of store closures:
With all the layoffs in 2009 and store closures, Bashas' employees total approximately 8,500.
It was anticipated that there would also be 196 store closures, resulting in further job losses.
The already precarious situation, however, did not improve entering 1992 and store closures began.
However, Eaton's limited the number of store closures to 20.
Despite these protests, the store closures will go ahead.