CHANDLER, Ariz. — Bashas' here has filed for Chapter 11 bankruptcy protection, according to local reports. The company could not be reached for comment this morning, but local reports quote senior executives at the privately owned chain as saying that the company had made the filing as a result of the tight credit market and difficult market conditions in the Phoenix area. Basha's, which is privately owned, operates about 158 supermarkets in the region under the Bashas', AJ's and Food City ...
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.