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Tag: stores sell
Sears to sell stores through REIT formation
2015-04-02 11:06:22| Daily apparel & textile news and comment - from just-style.com
US department store group Sears Holdings Corp is to sell around 250 stores through the creation of a real estate investment trust, in a bid to raise US$2.5bn as part of its cost cutting efforts.
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Flint area Kroger stores sell less expensive bottled water in response to city's water problems
2015-01-27 02:35:04| Grocery - Topix.net
Another supermarket chain is stepping up to ease the water worries in Flint. When the water worries first hit, Meijer stores noticed an increased demand for bottled water and sent more shipments to its stores in the Flint area.
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RadioShack in talks to sell leases on stores to Sprint: Bloomberg
2015-01-16 01:24:51| IT Services - Topix.net
RadioShack Corp, expected to file for bankruptcy next month, is in talks to sell leases on some of its stores to telecoms operator Sprint Corp, Bloomberg said, citing a person with direct knowledge of the matter. The struggling electronics retailer is seeking to emerge from bankruptcy with 2,000 to 3,000 stores, compared with the more than 4,000 it has now, the source told Bloomberg.
Albertsons/Safeway to sell 168 stores in 8 states as part of merger agreement
2014-12-21 13:09:40| Food - Topix.net
Pleasanton-based Safeway Inc. and Boise-headquartered Albertsons announced Friday that they have entered into agreements, subject to approval by the Federal Trade Commission, to sell 168 stores across eight states to four buyers. Associated Food Stores will purchase eight stores in Montana and Wyoming; Associated Wholesale Grocers/Minyards will purchase 12 stores in Texas; SUPERVALU will purchase two stores in Washington State, and Haggen will purchase 146 stores across Arizona, California, Nevada, Oregon and Washington.
Dollar Tree may sell stores in Family Dollar deal
2014-12-08 13:28:00| Daily apparel & textile news and comment - from just-style.com
Dollar Tree has said it may have to divest some stores in order to gain approval for its acquisition of Family Dollar Stores.