Food & Beverage

Jonathan Shenson, Partner in the Bankruptcy, Reorganization & Capital Recovery Group, was featured in TheStreet, where he shared his insights on Hy-Vee’s decision to shut down its Dollar Fresh Market brand and what the move signals for the broader grocery sector.

Excerpts:

“Hy-Vee’s move shows that a traditional grocer can’t beat the dollar stores by imitating them,” said Jonathan Shenson. “When Hy-Vee put its own name and fresh departments back on those stores, customers responded. That is a lesson for Hy-Vee, not a distress signal for the sector.”