CHARLOTTE, Mich. - Carter's Food Centers here has filed a Chapter 7 bankruptcy petition in the U.S. Bankruptcy Court for the Western District of Michigan. The company said in its filing that it has been unable to repay a loan to its grocery supplier, Minneapolis-based Nash Finch, and that Nash Finch has refused to deliver it any more product. The 14-store chain had recently shut down all of its stores and was ordered to repay nearly $1 million to J.A. Besteman, a local produce supplier. ...
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.