Business
Campaigns: Signature gatherers go to court to counter restrictions aimed at keeping them away from storefronts.
March 4, 2000
Kmart Corp. has signed a letter of intent to sell its Payless drugstore unit to Leonard Green & Partners, the Los Angeles-based investment firm that controls Thrifty Drug Stores, The Times has learned.
Oct. 29, 1993
World & Nation
Indictments: Top executives of Supermail, a check-cashing company, are among those arrested in sting operation.
July 2, 1998
The last time it did business in Southern California, Smith’s Food & Drug Centers got run out of town.
Sept. 8, 1991
The drugstore chain cites antitrust risks. Its bigger rival vows to continue its pursuit.
Sept. 18, 2008
Indictments: Supermail’s top executives are among those arrested on charges of processing $3.2 million in cash over two years during federal sting operation.
Retailing: Food and drug chain to cut jobs, close stores as 1999 purchase of American Stores exacts toll.
July 19, 2001
Corporate takeovers are back in style.
Jan. 26, 1988
After negotiating for more than a year with officials from the district attorney’s office over allegations of false advertising, the giant Thrifty Drug store chain agreed Tuesday in Los Angeles Superior Court to pay almost $118,000 in civil penalties.
July 1, 1987
Books
It is a battle mean and nasty enough to be soap opera--a tale of two generations struggling for the control of a billion-dollar retailing empire that encompasses such disparate chains as Crown Books and Trak Auto.
July 18, 1993