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Business in Brief

Lucky sold 77 auto-parts stores to Southland Corp.

January 08, 1985

The Dublin, Calif.-based company did not disclose the price of the cash transaction, which involved 31 Honey's stores, headquartered in Nashville, Tenn., and 46 Checker Auto Parts Stores (34 in Dallas-Fort Worth, five in Amarillo, Tex., and seven in Oklahoma). The sale is expected to close Feb. 4. Lucky Stores, which will continue to own 380 Checker and Kragen auto-parts stores in 13 Western states, including California, said it sold the stores to Dallas-based Southland because they were located too far from its auto-parts distribution center.

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