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• As was reported on MNB more than a week ago, Andronico’s is moving out of bankruptcy protection with the $16 million sale of the company to Renwood Opportunities Fund - a multimillion dollar investment fund headed by Renovo Capital and Rosewood Private Investments. The retailer also is closing its University Avenue store in Berkeley, California.

It has been reported that Bill Andronico, president/CEO, will remain with the company.

Internet Retailer reports that Best Buy has announced that it will offer free shipping on all online purchases between now and Christmas, with no minimum purchase required.

Just last week, Sears Holdings Co. announced that it would offer free shipping on all purchases of $99 or more from Sears.com and more than $49 from Kmart.com.
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