Mega CEO Acknowledges the Major Challenges Ahead

Only three weeks into the job Raviv Brookmayer expresses 'cautious optimism' but says the supermarket chain's suppliers will have to assume some of the risk as well.

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A judge’s approval on Tuesday night of a bailout plan for the financially troubled Mega supermarket chain, the country’s second-largest, came as relief to the company’s employees. The plan, which was approved...