NEWSWATCH

NATIONAL MARKETS, St. Louis, lost almost $13 million in the fiscal year ended Feb. 29, up from $10 million the year earlier, according to papers filed in U.S. bankruptcy court in St. Louis. As reported, the 17-store company filed for bankruptcy under Chapter 7 and is liquidating its assets. The privately held chain was created three years ago in a purchase of stores cast off by locally based Schnuck

NATIONAL MARKETS, St. Louis, lost almost $13 million in the fiscal year ended Feb. 29, up from $10 million the year earlier, according to papers filed in U.S. bankruptcy court in St. Louis. As reported, the 17-store company filed for bankruptcy under Chapter 7 and is liquidating its assets. The privately held chain was created three years ago in a purchase of stores cast off by locally based Schnuck markets. Court papers also disclosed that National has assets of $15.8 million and liabilit

Register to view the full article

test - Advanced Registered User

Already a member? .