ROSWELL, Ga. -- Harry's Farmers Market here said last week it has agreed to pay $4 million in cash to terminate its relationship with Progressive Food Concepts, a subsidiary of Boston Chicken. and chief financial officer, told SN Progressive's bankruptcy filing resulted in a default on its deal with Harry's when it failed to pay a $2 million fee to the retailer, prompting Harry's to terminate the deal "in the best interests of both companies." Under the proposed settlement, Harry's said it ...
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 a complimentary copy of SN's salary survey sent to you by email.
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.