Word: chaine
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...looking to put Montilio's out of business," said Richard J. Montville, referring to the bakery chain...
...week, the council failed to approve a recommendation from City Solicitor Russell B. Higley that would allow the city to sell Riverside Rd. to Stop and Shop for $1 million. Instead, the council voted to table the matter and let City Manager Robert W. Healy negotiate further with the chain...
Stop and Shop attorney George A. McLaughlin, Jr. told the council that the chain definitely intends to build a new supermarket, barring "a general economic cataclysm." Although McLaughlin showed the council pictures of a similar Stop and Shop in Connecticut, he said the company did not have concrete plans for the Riverside Rd. site...
...spokesperson for the supermarket chain said that the council was subjecting the proposal to undue scrutiny...
Bloomingdale's may fetch as much as $2 billion in an auction that is expected to attract bidders from Manhattan to Tokyo. Among them is Marvin Traub, chairman of the chain, who is planning a management-led buyout. But selling Bloomie's will not be enough. Campeau's firm conceded last week that it may default on $1.27 billion in fourth-quarter debt payments. The disclosure sent prices of Allied junk bonds plunging 20% in value in just one day, while Federated's fell...