ALBUQUERQUE, N.M. -- Furrs Supermarkets here said Fleming, Dallas, could reject up to 26 of 66 retail locations under the terms of a transaction approved in U.S. Bankruptcy Court last week. Fleming disclosed two weeks ago it had submitted the highest bid in Furrs' June 27 auction -- $57 million for real estate, equipment leases, contracts and licenses, plus approximately $50 million for inventory. That bid was approved by the secured and unsecured creditor committees and then submitted to ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Registering for content on Supermarket News will give youINSTANTaccess 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’sFREE, easy and quick. What are you waiting for!In addition you will also receive complimentary access to the SN salary survey data tables.
Attention Paid Print Subscribers: While you have already been grantedfreeaccess to SNwe ask that youregister now.We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.