BIRMINGHAM, Ala. — Bruno's Supermarkets will sell its assets at an auction later this month, according to an order by the judge overseeing the retailer's bankruptcy case. Bruno's filed the “emergency sale” motion earlier this month noting that no buyers for the entire chain had come forward and that its lenders were getting anxious. Bruno's remains in talks with suitors for parts of the company, sources said, and could have “stalking horses” for the auction, which is set for April 29. ...
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.