WAYNE, N.J. -- Grand Union Holdings Corp. here reported lower sales and a net loss for the year ended April 2.
The loss totaled $118 million. It included cash interest expense of $143.6 million, about $34 million of which was paid in the fourth quarter. Sales totaled $2.5 billion.
GUHC is the indirect parent of Grand Union, which operates 254 stores in the Northeast.
After adjusting for the extra week in 1993 and excluding the results of the Southern division, which