ALBUQUERQUE, N.M. -- Furr's Supermarkets here said last week it expects sales to be back on track by the end of March, less than two months after the 71-store chain filed a petition for reorganization under Chapter 11 of the U.S. Bankruptcy Code. Tom Dahlen, chairman, president and chief executive officer, told SN last week he is optimistic that sales will begin to grow within the next couple of weeks, now that Furr's has secured a debtor-in-possession facility of $33 million that will ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Why Register for FREE?
Registering for content on Supermarket News will give you INSTANT access to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’s FREE, easy and quick. What are you waiting for! In addition you will also receive complimentary access to the SN salary survey data tables.
Attention Paid Print Subscribers: While you have already been granted free access to SN we ask that you register now. We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.