Raleigh, N.C.-based food distributor El Ideal Foods — which specializes in Hispanic and other international food products — has filed for chapter 11 protection, the Triangle Business Journal reported yesterday. El Ideal Foods cited assets of about $470,000 and liabilities of roughly $965,000 in its filing. It remains open for business. El Ideal Foods stated gross revenue of about $1.8 million since the beginning of 2017 in its filing. In 2016 and 2015, gross revenue was approximately $3.1 million each.
