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Electronics Boutique-GameStop Merger OKd

BY CSA STAFF

West Chester, Pa., Electronic retailers Electronics Boutique Holdings Corp., with 2,280 stores, and GameStop Corp., with 1980 stores, have announced that their proposed merger has been approved by federal regulators. Shareholders of both companies still have to cast their votes in the matter.

Combining the two companies will create a worldwide retailer with more than 4,000 locations.

Electronics Boutique trades primarily under the EB Games banner.

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Farmer Jack to Close Stores After No Deal

BY CSA STAFF

Montvale, N.J., Farmer Jack parent company Great Atlantic & Pacific Tea Co. has announced that it will close four Farmer Jack stores in New Jersey after a union vote earlier this week rejected a proposed contract amendment.

The amendment to cut wages by 10% was designed to help the parent company sell the chain.

The closures will occur over the next 30 days.

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Farmer Jack to Close Stores After No Deal

BY CSA STAFF

Montvale, N.J., Farmer Jack parent company Great Atlantic & Pacific Tea Co. has announced that it will close four Farmer Jack stores in New Jersey after a union vote earlier this week rejected a proposed contract amendment.

The amendment to cut wages by 10% was designed to help the parent company sell the chain.

The closures will occur over the next 30 days.

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Consumer confidence is high. Is that reflected in your stores’ revenues?

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