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WESTERN AUTO BUYING WHEELS AUTO STORE CHAIN

Fay's Inc. has entered into an agreement to sell the inventory and store assets of its Wheels Discount Auto Supply division to Western Auto Supply Co., a wholly-owned subsidiary of Sears, Roebuck and Co. for $37 million in cash.

Wheels operates 82 automotive parts and accessories store in New York and Pennsylvania, including 10 stores in Erie and Niagara counties.

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