Printer Friendly

EDISON BROTHERS TO SELL ACCESSORIES CHAIN

 EDISON BROTHERS TO SELL ACCESSORIES CHAIN
 ST. LOUIS, Aug. 6 /PRNewswire/ -- Edison Brothers Stores, Inc.


(NYSE: EBS), today announced it has reached an agreement to sell the assets of its 89-store Joan Bari/Cabaret chain of accessories boutiques to F.W. Woolworth Co. The transaction is expected to be completed in September.
 In addition to cash, Edison will receive up to three leases from the Richman Brothers and Anderson-Little chains, which Woolworth has announced that ii is closing. These leases will be used for Edison's menswear and footwear chains.
 In 1991 the Joan Bari/Cabaret chain generated 1.7 percent of Edison's sales and none of the company's profits.
 -0- 8/6/92
 /CONTACT: Judy Smith of Edison Brothers Stores, 314-331-7504/
 (EBS) CO: Edison Brothers Stores, Inc. ST: Missouri IN: REA SU: TNM


CK -- NY064 -- 7598 08/06/92 12:22 EDT
COPYRIGHT 1992 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Aug 6, 1992
Words:142
Previous Article:WPP GROUP ANNOUNCES RETIREMENT OF DAVID OGILVY AS CHAIRMAN
Next Article:FITCH PLACES ILLINOIS POWER PREFERRED ON ALERT; NEGATIVE IMPLICATIONS -- FITCH FINANCIAL WIRE --
Topics:


Related Articles
EDISON BROTHERS AGREED TO PURCHASE HARRY'S BIG-AND-TALL MEN'S STORES
EDISON BROTHERS AGREED TO PURCHASE HARRY'S BIG-AND-TALL MEN'S STORES
EDISON BROTHERS COMPLETES PURCHASE OF HARRY'S BIG-AND-TALL MEN'S STORES
EDISON BROTHERS REPORTS RECORD FIRST-QUARTER EARNINGS
EDISON BROTHERS STORES ELECTS TWO NEW DIRECTORS
F.W. WOOLWORTH CO. TO ACQUIRE 89 JOAN BARI STORES
EDISON BROTHERS ADDS TO MEN'S BIG-AND-TALL ACQUISITION WITH 25 MORE STORES
EDISON BROTHERS ENHANCES ITS COVERAGE OF MEN'S BIG-AND-TALL MARKET WITH ACQUISITION OF CATALOG OPERATION
EDISON BROTHERS TO ENTER CANADIAN MARKET WITH 15-STORE ACQUISITION
DAVE & BUSTER'S, INC. FILES REGISTRATION STATEMENT WITH SEC REGARDING SPIN-OFF FROM EDISON BROTHERS

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters