Campeau Corp. has agreed to sell Garfinckel’s,...

Campeau Corp. has agreed to sell Garfinckel’s, an exclusive department store chain, to Raleigh Stores Corp. of Washington for $95 million . . . Industrial Equity (Pacific) Ltd., a Hong Kong investment firm, said it raised its stake in Beverly Hills-based Wrather Corp. to 29.1% of the common shares outstanding . . . Guild Wineries of Lodi, Calif., signed a licensing arrangement with Canada’s T.G. Bright & Co. under which the 113-year-old Ontario winery will bottle and market premium California wines under Guild’s Cribari label . . . Delta Air Lines plans to operate six flights a week between Atlanta and Seoul, South Korea, via Portland, Ore., and Tokyo, with service expected to begin around October . . . The Federal Reserve Board said the average yield for one-year Treasury bills, the most popular index for making changes in adjustable-rate home mortgages, fell to 6.95% last week after averaging 7.20% the week before.