BELLINGHAM, Wash. — Brown & Cole here hopes it can emerge from Chapter 11 bankruptcy protection this fall with the help of a California investment group that has no previous ties to the food industry. Craig Cole, president and chief executive officer of the 20-store chain, declined to name the potential investment group but said it has pledged $40 million in capital to refurbish the stores. The investor would also become the new majority owner, he said, although it has indicated it will ...
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.