CREDIT CRUNCH

Without access to ready capital, most retailers are dead in today's turbulent waters of food retailing.Unfortunately, over the last decade, the sea has been littered with flotsam resulting from bankruptcies, liquidations or simply too much leverage placed on once-viable food banners.This year alone, Winn-Dixie bought most of bankrupt Jitney Jungle stores; Grand Union completed the liquidation of its

Without access to ready capital, most retailers are dead in today's turbulent waters of food retailing.

Unfortunately, over the last decade, the sea has been littered with flotsam resulting from bankruptcies, liquidations or simply too much leverage placed on once-viable food banners.

This year alone, Winn-Dixie bought most of bankrupt Jitney Jungle stores; Grand Union completed the liquidation of its stores; Big V Supermarkets, under Chapter 11, was brought into litigation wi

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