NEW YORK -- Standard & Poor's ratings group here has lowered its ratings on securities of Farm Fresh, Norfolk, Va., following weaker-than-expected cash flow coverage of interest expense, the agency said. iple-C-plus from single-B-minus, resulting in an implied senior rating of single-B, according to an S&P statement issued late last month. Farm Fresh operates 66 stores, including 58 combination stores and eight warehouse stores, in Virginia. The company, already highly leveraged ...

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.