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Deals

  • Settlement Could Clear Way for Giant Eagle to Buy Bottling Plant

    PITTSBURGH - Via a proposed settlement Giant Eagle Inc. here has come closer to buying a former LeNature's Inc. bottling plant in Latrobe, Pa. that it has been struggling to secure, but it would cost the chain about $3.25 million more than it originally offered last month.

  • Settlement Could Clear Way for Giant Eagle to Buy Bottling Plant

    PITTSBURGH - Via a proposed settlement Giant Eagle Inc. here has come closer to buying a former LeNature's Inc. bottling plant in Latrobe, Pa. that it has been struggling to secure, but it would cost the chain about $3.25 million more than it originally offered last month.

  • HEB Buys Five Albertson's Units in Central Texas

    SAN ANTONIO -- Regional retailer H.E. Butt Grocery Co. here is gaining ground in central Texas, thanks to an acquisition of five Albertson's locations.

  • Dominick's Founders Sell 7 Retail Properties

    CHICAGO -- The founding family of Dominick's Finer Foods here, the DiMatteos, reportedly has sold seven Chicago area retail properties in a portfolio totaling almost 425,000 square feet for about $75 million to investment advisory firm RREEF Real Estate.

  • Spartan Said to Close 5 Northwest Ohio Pharm Stores

    GRAND RAPIDS, Mich. -- Spartan Stores Inc. here is reportedly closing five Pharm discount drug and food stores in Bowling Green, Port Clinton, Findlay, Napoleon, and Lima, Ohio by month's end because of insufficient profitability, lack of growth potential, and expiring leases.

  • Cedar Shopping Centers to Buy Two Supermarket-anchored Properties

    PORT WASHINGTON, N.Y. -- Cedar Shopping Centers, Inc. said yesterday that it agreed to buy two supermarket-anchored shopping centers comprising about 314,000 square feet of gross leasable area (GLA) in Gardner, Mass. and Bridgeton, N.J. from affiliates of Westport, Conn.-based Paragon Realty Group, LLC.

  • Judge Revokes Giant Eagle/LeNature Purchase; Retailer Plans Appeal

    PITTSBURGH -- A federal bankruptcy court judge Thursday revoked the sale of the LeNature's Inc. bottling facility in Latrobe, Pa., to Giant Eagle Inc. here, and awarded it instead to competing bidder Cadbury Schweppes Bottling Group Inc. for $19 million.

  • Ahold Completes Reverse Stock Split

    AMSTERDAM -- Ahold here said yesterday that its reverse stock split took effect after the close of trading hours of the New York Stock Exchange on Aug. 22.
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