Where the $3.5M from the Southern Season sale goes

Five days after Kitchen & Company owner Calvert Retail bought Chapel Hill gourmet retailer Southern Season for $3.5 million at auction, integration is already well on its way, say insiders. Southern Season CEO Dave Herman says “things are moving along” in regards to the transition, but the fact that three Southern Season stores will be closing as part of the buyout has been difficult. Stores in Raleigh, Asheville and Charleston will close, according to Calvert. As recently as last year, the…

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