Subsidiary declares bankruptcy, closes 4 Bella's Market stores

Correction: The parent company did not file for bankruptcy protection, as stated in a Sept. 25 headline. VM Odells operates six grocery stores under Bella’s Market through a licensing agreement. VM Odells LLC is a subsidiary of Village Markets Holdings LTD.

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From the Denver Post: A grocery chain that serves eight small towns in eastern Colorado and another in Kansas has filed for bankruptcy and closed four of its stores, though its CEO said stores will reopen soon.

Samuel J. Mancini, president and chief executive of Bella’s Market said the stores in Wiggins, Haxtun, Akron, and St. Francis, Ks. are expected to reopen Wednesday. He did not say what prompted the temporary closures. Read More