{"id":8684,"date":"2011-05-18T09:06:05","date_gmt":"2011-05-18T13:06:05","guid":{"rendered":"http:\/\/www.bahamasb2b.com\/news\/?p=8684"},"modified":"2011-05-18T09:16:22","modified_gmt":"2011-05-18T13:16:22","slug":"city-markets-to-acquire-robin-hood","status":"publish","type":"post","link":"https:\/\/www.bahamasb2b.com\/news\/2011\/05\/city-markets-to-acquire-robin-hood","title":{"rendered":"City Markets To Acquire Robin Hood"},"content":{"rendered":"<p>City Markets&#8217; principal, Mark Finlayson, has signed a deal in principle to acquire rival retailer Robin Hood&#8217;s food business, Tribune Business can reveal. The agreement, which was signed on Friday, is targeting a closing this week, multiple sources close to the situation confirmed to this newspaper last night, a development that would allow Mr Finlayson to achieve his long-cherished dream of food retail consolidation in the Bahamas.<\/p>\n<p>The purchase price is unknown, but Tribune Business can reveal that the terms involve City Markets and Mr Finlayson acquiring and taking over Robin Hood&#8217;s food business. The latter&#8217;s principal, Sandy Schaefer, will retain ownership of its high-margin, heavy duty appliance business, sub-leasing space in Robin Hood&#8217;s two stores to Mr Finlayson from where he will run the grocery business.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>An agreement has been signed by City Markets&#8217; principal, Mark Finlayson to acquire competitor Robin Hood&#8217;s food business.<\/p>\n","protected":false},"author":13,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"facebook_10223285771444175_51037792744":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[3],"tags":[153,23],"class_list":["post-8684","post","type-post","status-publish","format-standard","hentry","category-business","tag-business-2","tag-food"],"_links":{"self":[{"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/posts\/8684","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/comments?post=8684"}],"version-history":[{"count":0,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/posts\/8684\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/media?parent=8684"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/categories?post=8684"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/tags?post=8684"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}