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Bashas Files for Bankruptcy

by Administrator 15. July 2009 09:17

Bashas' Inc filed for Chapter 11 bankruptcy protection on July 12. The company owns 150 locations in Arizona, California and New Mexico and has 10,000 employees.

The company is planning to close down 10 stores, displacing about 1,000 jobs, by July 21. This comes after closing 5 stores and displacing 350 earlier in the year. However, Bashas executives are optimistic about the future of the company after bankruptcy.

If you are considering bankruptcy, contact the Arizona bankruptcy attorneys of the Harmon Law Office, LLC at 480-829-0494.

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