Bruno’s Bankruptcy Impacting Gulf Coast Shoppers

Florida Alabama  Four Bruno's and one Food World will close in the News 5 viewing area as part of the sale approved Monday by a federal bankruptcy judge.
by Jamie Burch
Published: Tue, May 05, 2009 - 5:34 pm CST
News 5 has obtained a list of the Bruno's and Food World stores that will close as part of the sale approved Monday by a federal bankruptcy judge.

Southern Family Markets bought Bruno's for $45.8 million. It plans to continue operating 31 stores, but 25 will be closed and sold. Five of the stores are located in the News 5 viewing area.

Bruno's
Mobile - 2370 Hillcrest Rd
Orange Beach - 25241 Perdido Blvd
Destin - 65 Poinciana Blvd
Gulf Breeze - 334 Gulf Breeze Parkway

Food World
Monroeville - 512 Pike Street
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Just please don’t take Bruno’s at University & Airport! It’s the only 24 hour grocery store in town!!!

(Wal-mart is evil, and the reason for thse closings. I will not shop there, so don’t even point it out.)

That’s why there’s going to be a dollar balance. This bank is all over Alabama, not just Fairhope.

Sounds like another one is about to bite the dust.  The fed’s usually show up at closing and take over during the night.  They will then run it until they can unload it on some other bank.

I think accounts are now insured up to $250,000, but your money could get tied up for a while.

bamabob, I am talking about a bank in fairhope I won’t call the name, but the last words she said about 30 minutes ago to me was” so long as your money is under the FDIC limit” you won’t lose any money”  So guess who will only be keeping a 1.00 balance. She did say they “Weren’t closing their door at this moment, there were things they could do, like no loan, liquedate(?) things, etc. But my son told me about it last night and i told him he was crazy, (of course I checked it out). And that is what i learned. So it is already known about in fairhope.

bfa - You talking about a local community bank being in trouble?  What’s the rest of the story?

bamabob, our banking system? who would have thought a bank here would be in the shape it is in, I heard rumor, i don’t trust rumor so I call top guy, it’s true. What’s happening to us?

Yeah, once us seniors start mysteriously disappearing, get T. Craig to do a DNA test on those crackers!  gulp

Soylent Green crackers for all then,,,,,,,,

At least the govt didn’t step in and take over.  It now has its grip on our banking system, auto manufacturing and real estate.  Once it has control of our food supply we will all be drones walking around in our govt issued uniforms!  gulp

Well this is just another sign of the times people.

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