WAYNE, N.J. -- Grand Union Co. here said last week it has retained financial adviser Salomon Smith Barney, New York, to evaluate financial alternatives that might include a capital restructuring. J. Wayne Harris, Grand Union chairman and chief executive officer, said last week that despite improved operating performance, "the company's highly leveraged debt position continues to constrain our future growth. We believe it is essential that we address the capital structure issue. "We believe ...

REGISTER TO VIEW THIS ARTICLE - Register for a Free Account

Why Register for FREE?

Salary Survey 2015

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.

Click here to read the FAQ page if you have any questions (opens in a new window)

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.

Already registered? here.