NEWS WATCH

SDM Files for Chapter 11Group here said last week it has filed for liquidation of Super Discount Markets, its Atlanta-based subsidiary, under Chapter 11 of the U.S. Bankruptcy Code. SDM is a joint venture between Delhaize and Supervalu, Minneapolis, with Delhaize owing 60% and Supervalu 40%. The operation includes 19 Cub Foods stores and 10 Save-A-Lot limited assortment stores in the Atlanta area.

SDM Files for Chapter 11

Group here said last week it has filed for liquidation of Super Discount Markets, its Atlanta-based subsidiary, under Chapter 11 of the U.S. Bankruptcy Code. SDM is a joint venture between Delhaize and Supervalu, Minneapolis, with Delhaize owing 60% and Supervalu 40%. The operation includes 19 Cub Foods stores and 10 Save-A-Lot limited assortment stores in the Atlanta area. Delhaize previously disclosed plans to close one Save-A-Lot, sell the other nine l

Register to view the full article

Already a member? .