CHANDLER, Ariz. — Bashas' here has filed for Chapter 11 bankruptcy protection, according to local reports.
The company could not be reached for comment this morning, but local reports quote senior executives at the privately owned chain as saying that the company had made the filing as a result of the tight credit market and difficult market conditions in the Phoenix area.
Basha's, which is privately owned, operates about 158 supermarkets in the region under the Bashas', AJ's and Food City ...
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