A regional supermarket chain just filed for bankruptcy despite surging grocery sales - Business Insider

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A regional supermarket chain just filed for bankruptcy despite surging grocery sales

KB US Holdings, the owner of Kings Food Markets and Balducci's, has filed for bankruptcy.

KB US Holdings, the parent company of the two supermarket chains, said in court papers that the pandemic-fueled sales boost has provided "a brief respite from its liquidity challenges." "Accordingly, it is more critical than ever for the Debtors to execute their sale strategy expeditiously and continue as a going concern to save jobs and supply their communities with necessary good," the company said.

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 729. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

They know bankruptcy will erase all debt and liabilities! After that, they can restart their business as if nothing happened! One of the greatest loopholes for filing bankruptcy!

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