ALBUQUERQUE, N.M. -- Furrs Supermarkets here said last week it is accepting bids for the sale of the company, although it has not made a final decision on whether to sell or reorganize. Furrs has been operating under Chapter 11 since February. In other developments: Furrs said it closed five of its 71 stores early last month to create enough liquidity -- an estimated $12 million, including other savings -- to keep going. The court approved agreements that will give Furrs' two top ...
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 a complimentary copy of SN's salary survey sent to you by email.
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.