Burkle's Fresh & Easy Is Said to Prepare for Bankruptcy Filing
- The Chapter 11 petition could come as early as next week
- It would mark second filing since 2013 for California chain
This article is for subscribers only.
Fresh & Easy Neighborhood Market Inc., the former Tesco Plc-owned grocery chain that billionaire Ron Burkle bought in 2013, is preparing its second bankruptcy filing in two years, according to people familiar with the situation.
An application could come as soon as next week, said the people, who asked not to be identified because the process isn’t public. The supermarket company could still find a buyer for all or part of the chain, a move that may forestall a filing, the people said.