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The discount grocery chain sold 51 Tampa Stores to Fresh Encounter as part of ongoing re-licensing program. Save A Lot has sold its 51 company-operated stores in the Tampa, Florida market to Fresh Encounter, a current Save A Lot Retail Partner licensee, as the grocer continues to convert its corporate-owned stores to local operations. The sale is part of an ongoing re-licensing program through which Save A Lot intends to transition to a wholesale model by selling more than 300 corporate-operated locations to new and existing retail partners who will continue to operate the stores under the Save A Lot banner, including Fresh Encounter. ....
(Separate multiple addresses with a comma) Your Email Address Your Message (optional) Citizens Provides $30MM Asset-Based Revolving Line of Credit to Ross-Simons December 23, 2020, 09:00 AM Citizens announced today that it has provided a new $30 million asset-based revolving line of credit to Cranston, R.I. based Ross-Simons, a leader in direct-to-consumer sales, specializing in offering unique and proprietary fine jewelry designs alongside a deep selection of classics such as diamond tennis bracelets and gold necklaces. Citizens is the Administrative Agent, Sole Lead Arranger and Sole Bookrunner. Ross-Simons reaches consumers through a company-operated website, catalog, and its flagship retail store in Warwick, R.I. The company offers a wide selection of fine jewelry across a range of price points and is known for mixing materials and colors in unexpected combinations. The company was acquired earlier this month by Nonantum Capital P ....