Belle Foods to Sell All Stores; C&S Takes Over

Springer, Jon
July 2013
Supermarket News Expert Blog;7/24/2013, p5
Blog Entry
The article discusses the plan of U.S. supermarket Belle Foods to sell all of its remaining 44 stores as part of an agreement with its creditor, supplier C&S Wholesale Grocers, following its filing for bankruptcy protection in July 2013. It notes that Belle operated 57 stores when it filed for Chapter 11. The plan is said to be part of a financing package with C&S to repay its 33.3 million dollar debt and provide working capital to continue operating the stores through October 4, 2013.


Related Articles

  • Belle Foods Seeks to Divest All Stores. Springer, Jon // Supermarket News Expert Blog;7/29/2013, p5 

    The article reports that Belle Foods planned to sell all of its 44 stores as part of its deal with creditor and supplier C&S Wholesale Grocers. The plan was being reviewed by the court, where its approval could enable an appointment of a chief restructuring officer by C&S to optimize the value...

  • Belle Foods Seeks to Sell 12 Stores. Springer, Jon // Supermarket News Expert Blog;7/18/2013, p5 

    The article reports that supermarket chain Belle Foods of Birmingham, Alabama have asked for permission from U.S. Bankruptcy Court to sell 12 of its stores which are in addition to the 13 that already received approval to close earlier.

  • Belle Foods Seeks to Reorganize. Springer, Jon // Supermarket News Expert Blog;7/15/2013, p44 

    The article reports on the planned debt reorganization of family-owned supermarket chain Belle Foods. The firm reportedly filed for Chapter 11 bankruptcy protection on July 1, 2013 and earned approval to close 13 of its 57 stores. According to founder Bill White, weak sales particularly in...

  • Buyers Rebanner Belle Foods Stores. Zwiebach, Elliot // Supermarket News Expert Blog;10/14/2013, p6 

    The article reports on the Belle Foods stores in Alabama, Georgia, and Mississippi which were reopened by the members of the Associated Wholesale Grocers after they were given the go signal by the U.S. Bankruptcy Court. Among the buyers of Belle Foods include Homeland Stores in Oklahoma City and...

  • Judge OKs Sale of 7 Belle Stores. Springer, Jon // Supermarket News Expert Blog;8/ 9/2013, p3 

    The article reports on the approval by the judge in Belle Food's bankruptcy case of the sale of seven stores of Belle Foods to six buyers.

  • Committees must vote on Eurotunnel restructuring.  // Rail Business Intelligence;9/21/2006, Issue 278, p5 

    The article reports on the need for committees representing lenders and principal suppliers to Eurotunnel to vote on any debt restructuring proposals that emerge from negotiations. Some creditors who have invested in Eurotunnel companies set up in Great Britain are challenging the jurisdiction...

  • Court Names Restructuring Officer at Belle Foods.  // Supermarket News Expert Blog;7/30/2013, p7 

    The article reports that as of July 30, 2013, J. Jette Campbell of the Carl Marks Advisory Group will serve as chief restructuring officer in the bankruptcy case of retailer Belle Foods.

  • AWG Is Lone Bidder for Belle Foods. Zwiebach, Elliot // Supermarket News Expert Blog;9/25/2013, p2 

    The article reports on the move of Associated Wholesale Grocecs (AWG) to file a stalking horse bid for Belle Foods. AWG made the move as a way to set a minimum level for bidding on the 43 Bell Foods stores. According to J. Jette Campbell, chief restructuring officer for Belle Foods, no other...

  • Rouses storms east with five new stores. Hamstra, Mark // SN: Supermarket News;3/10/2014, Vol. 62 Issue 5, p10 

    The article reports on the completion of Rouses Markets' revamp of the five former Belle Foods locations it acquired in Alabama. The stores were remodeled for four months and reopened on February 9, 2014. Denham Springs, Lafayette and Gretna in Louisiana are the locations of new ground-up Rouses...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics