Comment on John Catsimatidis pays the bills for grocery store competitor

John Catsimatidis pays the bills for grocery store competitor

Billionaire grocer and onetime NYC mayoral candidate John Catsimatidis has the food industry scratching its head. The owner of the Gristedes supermarket chain just pumped substantial dough into money-losing rival D’Agostino, which was struggling to pay its bills and keep merchandise on its shelves this summer. Catsimatidis is propping up family-owned D’Agostino’s because “we wanted...

 

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