business news in context, analysis with attitude

The Birmingham Business Journal reports that bankrupt Bruno’s Supermarkets has informed the state of Alabama that it may close 38 of its 60 stores there by mid-May, including 12 Bruno’s, 24 Food World units and two FoodMax stores, and not just the 10 stores that it originally said it would close when it began the reorganization process last February.

A spokesman for the chain said that it supplied the list to the state to comply with legal requirements, but has no immediate plans to actually close the units because it is hoping to sell the chain. However, if Bruno’s is not sold, it appears that the closings are a real possibility.

KC's View: