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Ascena Retail to acquire Charming Shoppes for $890 million
Suffern, N.Y. -- The Ascena Retail Group said Wednesday it will acquire Lane Bryant parent Charming Shoppes Inc. for about $890 million.
The move gives Ascena -- which owns Dressbarn, Maurices and Justice -- entry to the large-size women's clothing market.
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Passco acquires Shoppes at Coronado Place I
Kansas City, Mo. -- Irvine, Calif.-based Passco Cos. announced it has completed the acquisition of Shoppes at Coronado Place I, a 14,534-sq.-ft. strip center in Blue Springs, Mo., two miles from downtown Kansas City.
The purchase price was $4.3 million.
The property is across the street from a Wal-Mart, Home Depot and the new 600,000-sq.-ft. Adams Dairy Landing power center, anchored by Target.