USA: AWG to lead Homeland out of bankruptcy
Beleaguered grocer Homeland Stores is to take up an offer of financial assistance from its main supplier, Kansas City-based Associated Wholesale Grocers (AWG), in its bid to recover from Chapter 11 bankruptcy filed in August. AWG has offered more than US$47m to help out the 44-store grocery chain, according to a plan filed in a US Bankruptcy Court in Oklahoma City yesterday [Tuesday].
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