MINNEAPOLIS - Nash Finch here said it would take a pretax charge of about $6 million to $8.5 million in the second quarter after one of its customers was the subject of action by another creditor. The wholesaler said the charge reflects "impairment of certain retail properties leased to the customer and additional bad debt expense related to accounts and notes receivable owed by this customer." It was not clear last week whether that customer was Carter's Food Centers, the 14-store chain ...

REGISTER TO VIEW THIS ARTICLE - Register for a Free Account

Why Register for FREE?

Registering for content on Supermarket News will give you INSTANT access 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’s FREE, 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 granted free access to SN we ask that you register 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.