BALTIMORE -- Valu Food here said it has filed for Chapter 11 reorganization. The regional chain also secured $2 million in financing from its primary wholesaler and hopes to parlay that loan into viability. The retailer will use the money to implement a six-month plan that Lewis Denrich, Valu Food president, said he believes will lead to viability. The loan, secured by a lien on Valu Food's inventory, was made by Supervalu Operations here, a wholly owned subsidiary of Minneapolis-based ...
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