Advertisement
YOU ARE HERE: LAT HomeCollectionsSupermarkets Finances
IN THE NEWS

Supermarkets Finances

FEATURED ARTICLES
BUSINESS
February 4, 1992 | CARLA LAZZARESCHI, TIMES STAFF WRITER
After two years of operating under the "Campeau cloud," Ralphs Grocery Co., the Southland's No. 3 supermarket chain, got a new owner Monday and will proceed with expansion and remodeling plans. The supermarket's access to financing for a long-planned modernization program was complicated in 1990 when its parent company, Federated Department Stores, filed for bankruptcy protection from creditors. The troubles began when Federated was purchased by Canadian real estate mogul Robert Campeau in 1988.
ARTICLES BY DATE
BUSINESS
February 4, 1992 | CARLA LAZZARESCHI, TIMES STAFF WRITER
After two years of operating under the "Campeau cloud," Ralphs Grocery Co., the Southland's No. 3 supermarket chain, got a new owner Monday and will proceed with expansion and remodeling plans. The supermarket's access to financing for a long-planned modernization program was complicated in 1990 when its parent company, Federated Department Stores, filed for bankruptcy protection from creditors. The troubles began when Federated was purchased by Canadian real estate mogul Robert Campeau in 1988.
Los Angeles Times Articles
|