NORTH BILLERICA, Mass. -- The senior secured notes, due 1999, of Purity Supreme here have been downgraded by Moody's Investor Service, New York, to B3 from B1. les declines and high leverage, as well as on the intensely competitive markets in which it operates. "Purity has not been able to expand its store base and strengthen its market position against its major competitors," the rating agency said, "due to a preference by mall developers for financially stronger tenants, as well as its ...

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.