United shifts focus with store sale

November 2004
Cabinet Maker;11/19/2004, Issue 5415, p6
Trade Publication
Reports on the move of United Cooperatives to sell a number of its Sunwin department stores to Anglia Regional Cooperative in Great Britain. Disclosure of the acquisition value; Locations of the stores sold; Estimates on the sales generated by the stores.


Related Articles

  • Target mulls selling sideline biz. Heller, Laura // DSN Retailing Today;3/22/2004, Vol. 43 Issue 6, p1 

    Reports on the effort of Target Corp. to dispose its Mervyn's and Marshall Fields units in the U.S. Decline in the sales and profits of the units; Recruitment of Goldman Sachs & Co. to advise on all options; Review of the strategic alternatives for the units.

  • FIRST WORD. Cooney, Joycenn // License!;Apr2005, Vol. 8 Issue 3, p8 

    The article presents the author's views on retail trade in the United States. The author hopes that 2005 will be remembered as the year of retail. Pointing to mergers of Federated Department Stores Inc. and May Department Stores Co., and acquisition of Toys "R" Us and Babies "R" Us businesses by...

  • Federated-May Merger: With a Deal Imminent Market Weighs Fallout. Moin, David; Clark, Evan; Young, Vicki M.; Choi, Amy S. // WWD: Women's Wear Daily;2/28/2005, Vol. 189 Issue 42, p1 

    Reports on the expected merger between Federated Department Stores and May Department Stores. Potential impact of the merger on both companies; Benefits of the merger to Federated Department Stores; Speculations on the plan of Federated to sell its credit-card operation to raise funds for the...

  • Apparel dept. faces big adjustments post divestiture. Scardino, Emily // DSN Retailing Today;4/11/2005, Vol. 44 Issue 7, p32 

    Comments on Target's divestiture of its Marshall Field's and Mervyn's retail divisions in 2005. Analysis of the sale from a cash-flow perspective; Other growth targets and strategies; Implications on retail trade.

  • Lundgren fulfills vision: United States of Federated. Scardino, Emily // DSN Retailing Today;3/14/2005, Vol. 44 Issue 5, p1 

    This article reports that Federated Department Stores Inc. acquired longtime rival May Co. to create a new $30 billion company with greater breadth and leverage to compete in today's mass-driven retail economy. The deal, whose $17 billion in total valuation includes $11 billion in cash and stock...

  • Cash from M&M sale paves way to stock buyback, debt reduction. Desjardins, Doug // DSN Retailing Today;4/11/2005, Vol. 44 Issue 7, p32 

    Reports on the impact of Target's sale of its divisions Marshall Field's and Mervyn's on the firm's financial performance. Stock buyback; Debt reduction; Implications on retail trade.

  • Target pockets $1.65 bil. in unexpected Mervyn's sale. Heller, Laura // DSN Retailing Today;8/16/2004, Vol. 43 Issue 16, p1 

    Reports that U.S. retailer Target Corp. has sold off its ancillary unit Mervyn's Department Stores and is finalizing the sale of Marshall Field's to May Department Stores. Management focus on the core retail business of the company; Total revenue generated from the sale of the supplementary...

  • Store's history was written on its walls. Dykes, Mervyn // Heritage New Zealand;Winter2004, Issue 93, p28 

    Presents the Collinson and Cunninghame department store in New Zealand. Biography of the business founders Leo Collinson and John Cunninghame relative to the background and history of the department store; Operations and expansion of the business enterprise; Sale of the business enterprise.

  • KING,CASH. Deans, Alan // Bulletin with Newsweek;3/28/2006, Vol. 124 Issue 6513, p55 

    This article reports that one of Wall Street's most aggressive players forked out $1.4bn to buy the Myer Stores Ltd.'s department store chain. Unwanted by Coles Myer, the upmarket retailer had been tipped to fetch a discounted $1bn or less. The real lesson behind Myer is not simply the dollars....


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics