WAYNE, N.J. -- Grand Union here said last week it plans to go to U.S. Bankruptcy Court today to seek approval to conduct an auction on Nov. 16 to sell its 197 stores. The company filed a petition for Chapter 11 protection earlier this month. According to Jeffrey P. Freimark, chief financial and administrative officer, Grand Union has already filed a sales plan with the court, including the auction, and any objections to that plan can be raised at today's hearing. If there are no ...

REGISTER TO VIEW THIS ARTICLE - Register for a Free Account

WhyRegisterfor FREE?

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.

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 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.

Already registered? here.