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Business Convenience Stores Management Retail Retailer

Kroger to sell 762 convenience store business to EG Group for $2.15 billion

CINCINNATI and BLACKBURN, United Kingdom, 2018-Feb-08 — /EPR Retail News/ — The Kroger Co. (NYSE: KR) and EG Group, a privately-held petrol forecourt convenience store retailer based in Blackburn, Lancashire, United Kingdom, today (Feb. 5, 2018) announced a definitive agreement for the sale of Kroger's convenience store business unit to EG Group for $2.15 billion. The companies…
February 8, 20180Comments

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Business Management Retail Retailer Transportation & Logistics

Kesko to sell its Yamarin boat business to Inha Works Ltd

Helsinki, 2016-Dec-22 — /EPR Retail News/ — Konekesko Ltd, part of Kesko Group, has made an agreement to sell its Yamarin boat business to Inha Works Ltd, a subsidiary owned by Yamaha Motor Europe N.V.  The representation of Yamaha's recreational machinery in Finland transfers From Konekesko Ltd to Yamaha Motor Europe N.V. Kesko's strategic objective is growth…
December 22, 20160Comments

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Business Financial Healthcare Management Retail Retailer

Walgreens Boots Alliance to sell 865 Rite Aid stores to Fred’s, Inc. for $950 million

Deerfield, Ill., and Camp Hill, Pa., 2016-Dec-21 — /EPR Retail News/ — Walgreens Boots Alliance, Inc. (Nasdaq: WBA) and Rite Aid Corporation (NYSE: RAD) announced today (20 December 2016 ) they have entered into an agreement to sell 865 Rite Aid stores and certain assets related to store operations to Fred's, Inc. (Nasdaq: FRED) for $950…
December 21, 20160Comments

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Business Financial Grocery Management Retail Retailer

SUPERVALU to sell Save-A-Lot business to Onex Corporation for $1.365 billion in cash

MINNEAPOLIS, 2016-Oct-19 — /EPR Retail News/ — SUPERVALU INC. (NYSE:SVU) today (Oct. 17, 2016) announced that it has entered into a definitive agreement whereby an affiliate of Onex Corporation (TSX:OCX) will acquire SUPERVALU’s Save-A-Lot business for$1.365 billion in cash, subject to customary closing adjustments. In connection with the sale, SUPERVALU and Save-A-Lot will enter into a…
October 18, 20160Comments

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Business Financial Management Marketing PR Retail Retail Trade Consulting Retailer Trade-in

The Well JV to sell the residential component of The Well to Tridel Builders Inc. and Woodbourne Canada Partners III (CA) LP

TORONTO, ONTARIO, 2016-Jul-28 — /EPR Retail News/ — RioCan REIT (TSX:REI.UN), Allied Properties REIT (TSX:AP.UN) and Diamondcorp(collectively, "The Well JV") today announced that they have entered into a binding agreement to sell the residential component of The Well to Tridel Builders Inc. and Woodbourne Canada Partners III (CA) LP for approximately $180 million, subject to certain…
July 28, 20160Comments

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Auctions Business Financial Management Outlet Retail Retail Trade Consulting Retailer Trade-in

British Land to sell seven storey building at 334-348 Oxford Street, London to a private investor for £400 million

LONDON, 2016-Jul-08 — /EPR Retail News/ — British Land announces that it has exchanged contracts for the sale of 334-348 Oxford Street, London to a private investor for £400 million. The asset is a seven storey building located near Bond Street Underground Station in London’s core West End shopping district. The building is let in its entirety…
July 8, 20160Comments

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Business Children Financial Management Marketing Retail Retailer Trade-in

The Gymboree Corporation to sell Gymboree Play & Music to ZEAVION Holding

SAN FRANCISCO, 2016-Jul-04 — /EPR Retail News/ — The Gymboree Corporation ("Gymboree" or the "Company") today announced that it entered into a definitive agreement to sell its early childhood development business, Gymboree Play & Music ("Play & Music"), to ZEAVION Holding ("ZEAVION"), a privately-held company with a focus on the education and entertainment sectors. Pursuant to…
July 4, 20160Comments

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