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Cache will cease operations
Los Angeles – A little more than a month after filing for Chapter 11 bankruptcy protection, specialty women’s apparel retailer Cache is throwing in the towel. Advisory and valuation services provider Great American Group (GA), which won a bid for Cache’s assets at a March 3 bankruptcy auction, has begun "going-out-of-business" sales for all Cache's retail locations in the U.S., the Virgin Islands, and Puerto Rico.
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Food Lion to remodel Raleigh stores
Salisbury, N.C. – Food Lion will remodel its Raleigh, North Carolina market stores in 2015. The Raleigh market remodels are expected to be completed in stores on a rolling basis between April and October 2015.
Food Lion will continue to launch enhancements for customers across all of its 1,100 stores in 2015, as well as remodels in markets over time. Raleigh is the third market to receive the store remodels. Seventy-six stores in the greater Wilmington and Greenville, North Carolina markets were remodeled in 2014.
