Rose's Stores Inc.

News & Analysis

rose's stores inc. - All News and Analysis

• Raleigh, N.C.-Based Variety to Purchase Henderson, N.C.-Based Rose's Stores.(Originated from The Charlotte Observer, N.C.)

  - 1997-10-28

  Oct. 28--Rose's Holdings Inc. says it will sell its Henderson, N.C.-based Rose's Stores Inc. to discount-store chain Variety Wholesalers Inc. for $15.3 million. Raleigh-based Variety Wholesalers is a privately held company that owns about 500 stores, which operate under several names, including Bargain Town, Maxway, Super...

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• Fred's nips Rose's Stores acquisition in the bud - merger canceled

  - 1996-09-02

  MEMPHIS, TENN. -- Will the discount store industry lose yet another regional chain? That question was raised once again when Fred's called off its proposed merger with Rose's at a special shareholders meeting that had been widely considered a formality. Shareholders never had the opportunity to...

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• Fred's-Rose's deal dead.(planned merger between Fred's Inc. and Rose's Stores Inc.)(Brief Article)

  - 1996-08-21

  NEW YORK FNS -- The planned merger between Fred's Inc. and Rose's Stores Inc. is dead. In a joint statement, the two Southeastern-based discounters said the previously announced merger had been terminated. No further information was given and phone calls were not returned. ...

  Tags: Fred's Inc., Rose's Stores Inc.

• Fred's Inc. Cancels Plan to Buy Rose's Stores Inc.(Originated from The Commercial Appeal, Memphis, Tenn.)

  - 1996-08-21

  Aug. 21--Fred's proposal to buy Rose's Stores Inc. was called off Tuesday, the victim of Rose's declining financial condition. Fred's Inc. shareholders were to have voted on the acquisition at the company's annual meeting Tuesday, but it was killed by the board of directors before...

  Tags: Fred's Inc., Hayes Corp., Rose's Stores Inc.

• Fred's Inc. Shareholders Won't Vote on Rose's Stores at Annual Meeting.(Originated from The Commercial Appeal, Memphis, Tenn.)

  - 1996-08-20

  Aug. 20--Fred's Inc. shareholders will not vote on the acquisition of Rose's Stores Inc. at their annual meeting today because of Rose's dismal second-quarter earnings report. The Henderson, N.C.-based retailer lost $2.7 million, or 31 cents a share, in the quarter, compared to a loss of...

  Tags: Fred's Inc., Rose's Stores Inc.

• June sales dip at Rose's, Venture while S&K's sales rise slightly. (Rose's Stores, Venture Stores Inc., S&K Famous Brands Inc., 1996)(Brief Article)

  - 1996-07-09

  NEW YORK FNS - June was a tough month for Rose's Stores and Venture but S&K Famous Brands bucked the trend by posting same-store sales increases. S&K, based in Richmond, Va., reported same-store sales nudged up 2 percent in the month. Overall sales for the...

  Tags: Rose's Stores Inc., S&K Famous Brands Inc.

• Fred's Signs Definitive Agreement To Merge With Rose's Stores, Inc.; Reports 5% Higher First Quarter Sales

  - 1996-05-08

  MEMPHIS, Tenn.--BUSINESS WIRE--May 8, 1996--Fred's, Inc. (Nasdaq/NM:FRED) and Rose's Stores, Inc. (Nasdaq/NM:RSTO) today jointly announced that they have signed a definitive agreement regarding the acquisition by merger of Rose's by Fred's. Rose's operates 105 stores in the southeastern United States.Under the terms of the agreement, stockholders of Rose's will...

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• Fred's agrees to merge with Rose's. (Rose's Stores)(Brief Article)

  - 1996-03-05

  NEW YORK FNS -- Fred's Inc., a struggling regional discounter based in Memphis, has agreed to merge with another Southeastern discount chain, Rose's Stores Inc. Rose's Stores, based in Henderson, N.C., emerged from Chapter 11 bankruptcy proceedings about a year ago, turning over 100 percent of...

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• Fred's, Inc. And Rose's Stores, Inc. Reach Agreement In Principle

  - 1996-03-01

  MEMPHIS, Tenn. and HENDERSON, N.C.--BUSINESS WIRE--March 1, 1996--Fred's, Inc. (Nasdaq/NM:FRED) and Rose's Stores, Inc. (Nasdaq/NM:RSTO) today jointly announced that they have entered into an agreement in principle regarding the acquisition by merger of Rose's by Fred's. Under the terms of the agreement in principle, stockholders of Rose's would receive...

  Tags: Company, Fred's Inc., Rose's Stores Inc.

• Rose's Stores has operating loss of $775,000 in third quarter. (quarter ending October 28, 1995)(Brief Article)

  - 1995-12-22

  NEW YORK (FNS -- Rose's Stores Inc., which emerged from Chapter 11 in April 1995, reported an operating loss of $775,000 in the third quarter against an operating profit of $1.4 million a year ago. In the year-ago quarter, after a $3.9 million reorganization charge, ...

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