Friday, July 5, 2013

Gadsden food store to close


The Food World in Gadsden is on the list of stores that Belle Foods plans to close over the next month.  A bankruptcy judge ruled wednesday to allow the company to close 12 stores in Alabama and Florida and one in Georgia.  Attorneys for Belle Foods say their deal with creditors calls for closing the 13 stores and selling off the assets in an effort to pay more than 42 million dollars in debt.  Birmingham-based Belle Foods filed for bankruptcy Monday, citing a number of factors that prevent it from paying its creditors

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