CHARLOTTE AMALIE, St. Thomas -- Hurricane Marilyn flattened a Grand Union store here in the U.S. Virgin Islands and also damaged all five Pueblo stores there. The 30,000-square-foot Grand Union is leased by a holding company operated by New York-based Red Apple Cos. John Catsimatidis, chairman and chief executive officer of Red Apple, estimated the loss at about $1 million in fixtures and inventory. Ironically, that store, and another Grand Union in St. Croix, were scheduled to be sold 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.