Hoffman Estates, Ill. — Former Sears CEO Edward Lampert has won a bankruptcy auction for Sears Holdings Corp., according to The Wall Street Journal and other media reports.
Hoffman Estates, Ill. — Sears Holdings Corp. (NASDAQ: SHLDQ) has reached a temporary deal to avoid liquidation and keep 425 of its stores open, according to media sources.
Los Angeles — SRS Real Estate Partners has hired Mike Rielly as senior vice president and managing principal in the company’s new Los Angeles office, scheduled to open in early 2019.
Plano, Texas — CAVA Group Inc., a privately held restaurant group specializing in Mediterranean cuisine, will acquire Zoës Kitchen for approximately $300 million.
Camp Hill Pa. and Boise, Idaho — Rite Aid Corp. (NYSE: RAD) announced Wednesday it has called off its previously announced merger with Boise-based Alberstons Cos.