SAN JOSE, Calif. — Mi Pueblo Food Centers, which is seeking to reorganize under Chapter 11 bankruptcy, said customer transactions fell 16% in November, vs. the year-ago period.
In a filing last week with the U.S. Bankrupcty Court for the Northern District of California, Mi Pueblo reported total sales of $25.6 million in November, which fell about $2.97 million short of projections. The chain, which operates 20 supermarkets in the region, posted net income for the month of $1.3 million.
Since filing bankruptcy in July, Mi Pueblo reported sales of $100.6 million.
The company listed its total assets as $79.9 million, with total liabilities of $67.6 million.
Read more: Immigration Said to be Factor in Bankruptcies
| Suggested Categories | More from Supermarketnews |
 |
|
|
|
0 comments
Hide comments
