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“I don't know how
they could print that, because we don't even know at this time,”
Eagle Food Vice President Pat Flatley said on Monday morning.
The entire chain of
Eagle Food stores has been under reorganization since filing Chapter
11 in April.
The chain that boasts
personal friendliness with the slogan “Big town variety,
competitively priced and we still have the pony ride!” is now
selling all of its stores. This has been a process that began many
months ago, Flatley said.
At this time all the
stores are up for sale in a sealed bid process. The deadline for
bids is Aug. 12. None of the bids has been or will be opened until
that date.
The majority of
stores are expected to be sold through sealed bids.
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We don't know the status of any of the stores at this time, Flatley
said. The one thing Flatley could say is that after being sold the
stores may be different and under a different name.
There will be an
auction of the unsold stores. It is anticipated that some people may
wait to bid on the stores at that time.
If there is no interest in a store at the
end of those processes, then a store, including the Lincoln store,
would be closed and the equipment sold at auction, Flatley said.
[Jan
Youngquist]
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