Dunellen, N.J. – Locally based Advanced Auto Parts is spending roughly $267 million in cash and stock to acquire its rival, Lakeland, Fla.-based Discount Auto Parts Inc. The two retailers expect to save nearly $30...
San Francisco – One month after locally based Gap Inc. eliminated 1,300 positions, or 10% of its work force, the struggling apparel company now says it will give the pink slip to an additional 790 employees. The job...
Oklahoma City – Locally based Fleming Cos. is exercising its right to reject select stores from the acquisition of Albuquerque, N.M.-based Furrs Supermarkets Inc. Fleming says it will not buy 17 locations in New...
Birmingham, Ala. – Saks Inc. recently announced plans to close its 128,000 sq. ft. Saks Fifth Avenue store located in White Plains, New York. The company has reached an agreement to sell the real estate to local...
Clearwater, Fla. – Locally based Eckerd Corp., a division of Plano, Texas-based J.C. Penney, plead guilty to over billing the government for Medicaid prescriptions. The company will now pay $1.7 million in fines as...
Dallas – Locally based Blockbuster Inc. further expanded its presence in Central America recently by opening franchised stores in Costa Rica and Guatemala...
Foster City, Calif. – A securities class action lawsuit has been initiated in the United States District Court for the Southern District of New York on behalf of those who acquired locally based Webvan Group Inc...
Matthews, N.C. – Locally based Family Dollar Stores Inc. recently reported opening 36 new stores during the four-week period ended August 4, 2001. With these additional stores, the company now operates 4,096 stores...
San Diego – Locally based Sempra Energy Solutions recently announced a 15-year, $31 million energy services contract with Toronto-based TrizecHahn Development Corp.'s Hollywood & Highland project...
Atlanta – According to a survey conducted for Dayton, Ohio-based NCR Corp., most Americans who have used a self-service kiosk – and even many who haven't – believe kiosks will enhance customer service...
