RB INDUSTRIES &lt;RBI> COMPLETES STORE SALES

  RB Industries Inc said it completed
  the sale of its W and J SLoane Division to Laurence Crink Jr
  and a group of investors.
      The definitive agreement provides for a closing on April 1,
  1987. The division consists of four W and J Sloane furniture
  store in Los Angeles and Orange counties.
      RB Industries also said it recently secured a five-year
  8.573 pct secured 9.9-mln-dlr loan on its Irvine property from
  a major institution. Proceeds will be used to retire existing
  bank debt, for working capital and to retire a portion of its
  outstanding 12 pct debentures.
  

