JACKSON, Miss. -- Jitney-Jungle Stores of America here said last week it has obtained a five-year financing commitment of $37.7 million -- a loan the debt-laden company hopes will help ease some of its capital needs. Ronald E. Johnson, president and chief executive officer, told SN the term loan will enable Jitney to focus on day-to-day operations while continuing to explore strategic alternatives. In contrast to statements by his predecessor in May, Johnson said finding a strategic partner ...

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.
 

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.