The Arizona Republic reports that bankrupt Bashas’ is looking “to get out from under onerous real-estate leases that are costing the company millions of dollars a year … and is seeking to void leases at a Phoenix office building and at 14 shopping centers around the state.”
The leases are said to be for locations that the company no longer occupies but on which it continues to pay rent.
In addition, the Daily News-Sun reports that Bashas’ is offering a new Senior Discount Day that one day a month gives 10 percent off on transactions of more than $15 made by people older than 55 years of age. Prescription drugs, alcohol, tobacco and some other items are not eligible for the discount.
The leases are said to be for locations that the company no longer occupies but on which it continues to pay rent.
In addition, the Daily News-Sun reports that Bashas’ is offering a new Senior Discount Day that one day a month gives 10 percent off on transactions of more than $15 made by people older than 55 years of age. Prescription drugs, alcohol, tobacco and some other items are not eligible for the discount.
- KC's View:
- Which is ironic, when you think about it, since prescription drugs and alcohol are what people really need as they enter their dotage.
