This move makes sense to me. I don’t know whether selling Carnival will let Minyard’s focus its operations better or not, but I think it has to try.
And, it certainly makes sense for Fiesta, athough it’s only buying 11 of the stores itself and spinning off the rest on resale.
That said, “Minyard’s” stores may not have that name much longer. It’s unclear from the story if the company is looking at going totally the Sack ’n Save route or what.
I’m guessing that’s going to be the ultimate decision. Not sure how else it can survive.
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