CARTER'S CLOSES, PLANS LIQUIDATION

CHARLOTTE, Mich. - Carter's Food Centers here has filed a Chapter 7 bankruptcy petition in the U.S. Bankruptcy Court for the Western District of Michigan.The company said in its filing that it has been unable to repay a loan to its grocery supplier, Minneapolis-based Nash Finch, and that Nash Finch has refused to deliver it any more product.The 14-store chain had recently shut down all of its stores

CHARLOTTE, Mich. - Carter's Food Centers here has filed a Chapter 7 bankruptcy petition in the U.S. Bankruptcy Court for the Western District of Michigan.

The company said in its filing that it has been unable to repay a loan to its grocery supplier, Minneapolis-based Nash Finch, and that Nash Finch has refused to deliver it any more product.

The 14-store chain had recently shut down all of its stores and was ordered to repay nearly $1 million to J.A. Besteman, a local produce

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