OKLAHOMA CITY -- Homeland Stores here said last week it plans to invest $15 million a year in capital expenditures in each of the next three years as it prepares to emerge from Chapter 11 bankruptcy protection proceedings at the end of the month. James Demme, president and chief executive officer of the 65-unit chain, said the bankruptcy court is scheduled to confirm the company's reorganization plan Friday, July 19, with the plan expected to take effect July 29 following a 10-day waiting ...
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.