Also. . .
- Share via
* Fred Meyer Inc.’s fiscal second-quarter profit rose 57% to $46.2 million, or 29 cents a share, matching estimates, as sales more than doubled to $3.5 billion. The Portland, Ore.-based retailer benefited from strong results at recently acquired chains, including Food 4 Less Holdings Inc.
*
* Jones Apparel Group Inc. agreed to buy Sun Apparel Inc., which holds the license for Polo Jeans Company clothing, for $444 million. Closely held Sun also makes clothing for such retailers as Wal-Mart Stores Inc. and Limited Inc.
*
* Nabisco Holdings Corp., maker of cookies and crackers, said it will close a processing plant in Ohio, firing about 140 workers, as it continues to cut costs to pay for more advertising.
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.
