Local economy has big stake in future of Bi-Mart.(Business)

The Register-Guard (Eugene, OR) | January 29, 2004 | Copyright

Byline: RETAIL NOTEBOOK By Edward Russo The Register-Guard

It remains to be seen whether Bi-Mart becomes an employee-owned company; workers now are studying whether they want to use part of their retirement savings to buy the discount retailer under an employee stock ownership plan proposed by the current owners.

In the complex deal, the future ownership and direction of Bi-Mart are at stake, as well as some of the retirement savings of the more than 2,300 employees being offered the ESOP plan.

But the broader Lane County community has a sizeable ...

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