AGM Members Sent Scrambling

GARDINER, Maine The collapse of Associated Grocers of Maine here has sent many of its 240 retail members scrambling for alternative sources of supply, according to a local industry executive. Mike Bourgoine, president and chief executive officer of Associated Grocers of New England, told SN his company had tried to work with AGM and its bankers to resolve some issues so this wouldn't happen, but unfortunately

GARDINER, Maine — The collapse of Associated Grocers of Maine here has sent many of its 240 retail members scrambling for alternative sources of supply, according to a local industry executive.

Mike Bourgoine, president and chief executive officer of Associated Grocers of New England, told SN his company had tried to work with AGM and its bankers “to resolve some issues so this wouldn't happen, but unfortunately we did not succeed.”

AGM said two weeks ago it had

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