Retail Ecommerce Ventures Buys Bankrupt Stein Mart For $6 Million
Jun 19 2024 News bankrupt ecommerce million retail stein venturesJain, CEO of north India for Future Group, has joined the Gurgaon-headquartered V-Mart earlier this month and will report to V-Mart’s founder Lalit Agarwal. There is currently one Save Mart retailer at 828 J St. in Marysville and a FoodMaxx in Yuba City and Marysville. The firm also stated it operates SMART Refrigerated Transport and is a companion in Super Store Industries, which owns and operates a distribution heart in Lathrop and the Sunnyside Farms dairy processing plant in Turlock. Kingswood Capital Management LP, described as an “operationally-focused non-public equity firm,” said along with the Save Mart purchase that it will look to increase “its present Northern California presence.”
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