USA: Kohl’s Agrees To Buy Rights To 15 Bradlees Stores
Kohl's Corporation, in conjunction with Home Depot USA. and Wal-Mart, has entered a joint agreement with an affiliate of Stop & Shop Supermarket Company to collectively purchase the rights to occupy 35 former Bradlees stores in the Northeast. If the agreement is approved, Kohl's would acquire 12 stores in the Boston market and three stores in New Jersey. The remaining 20 stores would be divided between Home Depot and Wal-Mart.