WAYNE, N.J. -- The state of the Union -- Grand Union Co. here -- is improving. Five months after completing a financial restructuring that eliminated nearly $600 million in debt from its balance sheet, Grand Union believes it is headed in the right direction and the retailer is winning the confidence of financial analysts. The company believes it now has the flexibility to broaden its customer base and become a stronger competitor in the Northeast. "We want Grand Union to be known as a ...
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.