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Clover parent Strawbridge and Clothier has hired Peter J Solomon Co to to help it figure out what the company should do about its financial losses. Strawbridge expects to report a third quarterly loss for the qtr ending Oct 28, 1995, but refuses to report sales and profits for Clover. Choices include a merger or the sale of Clover. Warren White, Clover's general manager, has declined to comment on a rumor that Target might buy the 27 Clover stores., PHILADELPHIA - Clover could find itself under new ownership now that its department store parent, Strawbridge & Clothier, has retained a financial advisor to explore its options. With the third [...]

Record Crowd Greets Clover's 24th Store WILMINGTON, Del. -- Clover, the discount store division of Strawbridge & Clothier, opened its 24th store here last month in this former Bradlees site [...]