News

JoS. A. Bank Clothiers Plans Building Spree

BY CSA STAFF

Hampstead, Md., JoS. A. Bank Clothiers plans to open about 200 new stores over the next three to four years. The company recently opened its 300th store, and expects to open another 26 in its current fiscal year.

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FINANCE

Report: Kroger Bids for Albertson’s

BY CSA STAFF

New York City, Kroger appears to be in the running for Boise, Idaho-based Albertson’s. According to Reuters, not only has Albertson’s received a preliminary takeover bid from its Cincinnati-based rival Kroger Co., Albertson’s also has generated interest from pharmacy drugstore chains Walgreen Co., Rite-Aid and CVS.

Investment firms Kohlberg Kravis Roberts, Thomas H. Lee Partners and Yucaipa Companies are also in the bidding mix, according to reports. Albertson’s market value is estimated at about $10 billion, plus some $6.5 billion in debt.

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News

Report: Kroger Bids for Albertson’s

BY CSA STAFF

New York City, Kroger appears to be in the running for Boise, Idaho-based Albertson’s. According to Reuters, not only has Albertson’s received a preliminary takeover bid from its Cincinnati-based rival Kroger Co., Albertson’s also has generated interest from pharmacy drugstore chains Walgreen Co., Rite-Aid and CVS.

Investment firms Kohlberg Kravis Roberts, Thomas H. Lee Partners and Yucaipa Companies are also in the bidding mix, according to reports. Albertson’s market value is estimated at about $10 billion, plus some $6.5 billion in debt.

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

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