Drug Fair Group to hold liquidation sale in 23 stores

SOMERSET, N.J. Drug Fair Group, which filed for bankruptcy and is looking to sell a majority of its assets to Walgreens, is holding a court-ordered bankruptcy liquidation sale in 23 stores.

Hudson Capital Partners LLC is managing the sale that began March 21.

Inventory valued at about $30 million will be completely liquidated at below market prices.

"We would like to express our appreciation to all of the Drug Fair and Cost Cutters employees for their considerable time and effort in helping to build this respected regional chain," stated A.R. Williams, CFO Hudson Capital Partners."For more than 50 years, customers have looked to Drug Fair and Cost Cutters for their everyday basic needs, delivered with quality service at a great value. The liquidation sale will provide customers a final opportunity to get all their household needs at even greater discounts."

Login or Register to post a comment.