Skip to content
The Nexus
BUSINESSJun 6 · 11:00 UTCCHICAGO SUN-TIMESLauren FitzPatrick

Save A Lot operator's death triggers default with Chicago — jeopardizing food access, city deal

The death of Joseph Canfield, CEO of Yellow Banana, triggered a default in a redevelopment agreement with Chicago, jeopardizing $13.5 million in city funds used to renovate Save A Lot stores in food deserts. The company has not named a successor, and the default could require repayment of the funds.

Nexus surfaces and summarizes. The full story lives at the source.

Mentioned
Spot something wrong with this article?Report a problem →
Forward this