Retail Industry News, Research, and Information
Home | Search | Packages | Companies | Industry News
Login | Register | View Cart





 Search


Advanced Search




 Browse

Industry Sectors

·  Apparel
·  Catalog & Mail Order
·  Consumer Elec. & Entertainment
·  Department & Discount
·  Drugstores & Rx
·  Grocery
·  Home Improvement
·  Specialty

Reports
· Top Company Profiles
· Top Retailers/Rankings
· Special Topics/Studies
· Article Collections
· CSG Market Share
· CSG Company Listings
· NRN Foodservice




 Subscribe

· Email Newsletters
· News Faxes



Access Account
Retrieve Order
About Us
Contact Us

Retailnet RSS feeds

Sitemap


Court approves sale of certain Eagle Food stores
Drug Store News
Monday, September 15, 2003


Eagle Food Centers, which owns and operates supermarkets in Illinois and Iowa, announced late last week that the bankruptcy court confirmed the sale of certain Eagle stores. Terms of the deals were not disclosed.

Albertsons plans to acquire five Eagle Food stores in Dixon, Geneseo, Morris, New Lenox and Peru, Ill. The transaction is expected to close on Sept. 29.

The Kroger Co. plans to purchase six Eagle Food stores in Decatur, Lincoln, Ottawa, Rockford (two) and Sterling, Ill. Three of the deals are expected to close on Sept. 22, the remaining three transactions are expected to close on Sept. 29.

Butera Finer Foods is snapping up three stores Lindenhurst, Naperville and St. Charles, Ill. The deal is expected to close Sept. 19.

J.B. Sullivan acquired a store in Freeport, Ill., on Sept. 12.

Supermercado El Guero De Aurora is acquiring a store in Aurora, Ill. The transaction is expected to close on Sept. 16.

SVT is purchasing two stores in Kankakee and Watseka, Ill. The deals are expected to close on Sept. 29 and 17, respectively.

In addition, Harold E. Wisted is acquiring an Eagle Food store in Woodstock, Ill. The deal is expected to close on Sept. 30.

Eagle Food Centers has extended the bid deadline for its remaining 21 stores and its infrastructure to Sept. 17.

Companies referred to in story:


Stock %Chg Industry Mkt Cap
Albertson's Inc. $0.00 +0.00% Grocery $0.0M
Eagle Food $25.62 -0.35% Grocery $1.2B
Kroger Co. $25.50 +1.35% Grocery $16.9B
Quote data as of: 03/31/2008 12:04 PM



 Related Stories

· Kroger Promotes Executive to Kwik Shop Top Job
(Chain Store Age, Feb 5, 2008)
· Kroger Board OKs $1B Stock Buyback Plan
(Chain Store Age, Jan 18, 2008)
· Supervalu 3Q Profit up 25%
(Chain Store Age, Jan 8, 2008)
· Albertsons to Shutter Four Stores in Arizona
(Chain Store Age, Jan 8, 2008)
· University Launches Mobile-Payment Program for Nearby Merchants
(Chain Store Age, Jan 4, 2008)
· Save Mart President to Step Down
(Chain Store Age, Jan 3, 2008)


Subscribe to NRN

©2010 Lebhar-Friedman, Inc. and its subsidiaries. All Rights Reserved | Privacy Policy
RetailNet.com is a subsidiary of Lebhar-Friedman, Inc.

Add to My Yahoo!