Island Pacific to close a half-dozen stores
LOS ANGELES – A Filipino food retail chain plans to shut six of its stores in California to consolidate operation and drive more efficiencies.
Island Pacific Seafood Market liquidation sales are under way at stores in National City, San Jose, American Canyon, Rancho Cucamonga, Chula Vista, and Los Angeles, according to Tiger Capital Group LLC, part of a joint venture overseeing the closings.
The remaining 17 Island Pacific stores will operate as usual, says a report from Supermarketnews.com.
Founded in 2000 in Panorama City, Calif., Island Pacific stores are primarily located in Southern and Northern California. The chain, which specializes in Filipino cuisine, also has two locations in Las Vegas and one in Seattle.
Liquidation discounts will continue until all merchandise has been sold at the stores being closed, according to Tiger Capital. Select fixtures, furnishings and equipment in the stores also are up for sale.
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