Hostess Brands Inc. is getting ready to file for Chapter 11 bankruptcy, its second such filing, sources told The Wall Street Journal. Privately held Hostess has about $860 million in debt and has been squeezed by high labor costs and rising ingredient prices, the sources said. The Irving, Texas-based company, previously called Interstate Bakeries Corp., […]
Tag: Southwest
Posted in, Southwest
Walmart to Open Third Albuquerque Neighborhood Market
Walmart has signed a long-term lease to place one of its Neighborhood Markets in the site once occupied by a Wild Oats store in the Foothills Shopping Center at Juan Tabo and Menaul NE in Albuquerque, reports New Mexico Business Weekly The 34,000-s.f. anchor site in the Northeast Heights’ center will be the nation’s largest […]
Posted in, Southwest, West
Sunflower Farmers Market Promotes Black to VP, Ops
by Terrie Ellerbee/associate editor Steve Black, a supermarket veteran with 34 years in the industry, was promoted this week to VP of operations for Sunflower Farmers Market. Sunflower is opening a new store in Oklahoma City Aug. 31, and it will be a homecoming for Black. He spent 30 of those 34 years in Oklahoma, […]