Bruno’s Files for Chapter 11

Citing a tightening credit market and a soft economy, Bruno’s Supermarkets here filed for protection under Chapter 11 of the U.S. Bankruptcy Code Thursday.

BIRMINGHAM, Ala. — Citing a tightening credit market and a soft economy, Bruno’s Supermarkets here filed for protection under Chapter 11 of the U.S. Bankruptcy Code Thursday.

The chain concurrently appointed Jim Grady, a senior director with the advisory firm Alvarez & Marsal, as its chief restructuring officer, effective immediately. Grady replaces Kent Moore, the company’s CEO since October 2007, who recently resigned to pursue other opportunities.

Bruno’s operate

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