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TexasTowelie

(112,217 posts)
Fri Sep 2, 2016, 02:20 AM Sep 2016

Another Big Apple supermarket chain can’t pay the bills

It’s tough times for the Big Apple’s grocers.

Garden of Eden, a 22-year-old upscale market, filed for bankruptcy protection this week after closing half of its six stores in the last few years.

The filing in Manhattan federal court is the latest blow to the city’s family-owned, independent grocers.

Cash-strapped D’Agostino is getting a financial lifeline from billionaire John Catsimatidis, who owns the Red Apple and Gristedes grocery stores.

Read more: http://nypost.com/2016/09/01/another-big-apple-supermarket-chain-cant-pay-the-bills/

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