Dahl’s Files $41 Million Bankruptcy
November 12, 2014 | 1 min to read
Dahl's Foods Inc., the 83-year-old Des Moines-based grocery store chain, will disappear from the local landscape as a locally owned company. But the supermarket's leaders said it will emerge from bankruptcy a stronger and more viable company.
The 10-store chain filed a $41 million bankruptcy petition in federal court Sunday asking that it be allowed to reorganize and sell its stores. The likely buyer will be its supplier or another grocery company. The company also is asking that the process be moved along quickly.
Dahl's said Monday that Kansas City, Kan.-based Associated Wholesale Grocers Inc. plans to buy Dahl's assets and rebrand the stores. AWG is a retailer-owned grocery cooperative and grocery distributor.
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