Waban, Natick, Mass., last week said it plans to spin off BJ's Wholesale Club, a 79-unit warehouse club chain, into a publicly traded subsidiary. The move, a tax-free distribution of all outstanding common stock, is expected to be completed in the spring of 1997. Waban then would adopt the name of its home-improvement chain, HomeBase, and focus solely on that business, the company reported. ing fire, forcing everyone to move quickly to another location. Target Stores, Minneapolis, plans to ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Registering for content on Supermarket News will give youINSTANTaccess to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’sFREE, easy and quick. What are you waiting for!In addition you will also receive complimentary access to the SN salary survey data tables.
Attention Paid Print Subscribers: While you have already been grantedfreeaccess to SNwe ask that youregister now.We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.