Tag: acquisition


5 Strategies for Balancing Security, Acquisition, and Support Costs Without Sacrificing CX

October 11, 2022

Via: Joseph Saunders

Since its inception, the global pandemic has continued to have a long-lasting impact on how we buy, work, and also how our businesses operate.  As such, user behaviour has naturally evolved, leading to developments in customer experience (CX) to meet […]

E-commerce, Retail Types

Alibaba makes major push into physical retail with $3.6bn acquisition of Sun Art

October 19, 2020

Via: Charged

Alibaba has made a major push into bricks-and-mortar retail after acquiring a controlling stake in Chinese hypermarket giant Sun Art Retail. Shares in Sun Art skyrocketed more than 27 per cent this morning, after Alibaba announced plans to more than […]

Retail Types, Stores

LVMH Is Likely To Be Forced To Go Through With The Tiffany Acquisition And Live To Regret It

September 11, 2020

Via: Forbes

When news broke this week that LVMH was backing out of its deal to acquire Tiffany & Co. TIF +0.1%, it came as no surprise. Speculation has swirled for months that LVMH had buyer’s remorse after agreeing last November to […]

Retail Types, Stores

LVMH scraps $16.2 billion deal with Tiffany

September 9, 2020


Louis Vuitton owner LVMH is scrapping its $16.2 billion acquisition of Tiffany, a deal that would have been the biggest ever in the luxury industry. The luxury-goods giant said Wednesday the merger agreement signed last November provides for a closing […]

Retail Types, Stores

Does J.C. Penney still have a future?

September 1, 2020

Via: RetailWire

An attorney representing the bankrupt department store chain, Joshua Sussberg of Kirkland & Ellis LLP, said that negotiations between the retailer and Authentic Brands Group, Simon Property Group and Brookfield Property Partners hit a wall this weekend. That means Penney […]

Retail Types, Stores

Victoria’s Secret to go private in a deal that values the once-powerful lingerie brand at $1.1 billion

February 20, 2020


Victoria’s Secret, which once dominated the lingerie category with its sexy image, will go private in a deal that shows how far the brand as fallen out of favor. Private equity firm Sycamore Partners will acquire a 55% share in […]

News & Trends

Employees wanted: New skills needed for retail of the future

December 28, 2017

Via: FierceRetail

Clearly 2017 has been a big year of merger and acquisitions in retail. But what do these changes mean for the hiring and laying off of the retail workforce? We spoke with Emily Elder, practice development manager at RiseSmart, to […]

Retail Types, Stores

B&G Foods to Acquire Back to Nature Foods Company

August 21, 2017

Via: Business Wire

PARSIPPANY, N.J.–(BUSINESS WIRE)–B&G Foods, Inc. (NYSE:BGS) announced today that it has entered into a definitive agreement to acquire Back to Nature Foods Company, LLC a leader in the better-for-you snack foods category, from Brynwood Partners VI L.P., Mondelēz International and certain […]

News & Trends

PetSmart Acquires E-Commerce Upstart Chewy

May 1, 2017

Via: Retail Info Systems News

PetSmart, with more than 1,500 brick and mortar stores across the US, has agreed to acquire online pet retailer What’s most interesting about this deal is redcode reported the pet store giant will purchase its young rival for $3.35 […]

News & Trends

Potential Bonobos Acquisition Shows This Isn’t Your Father’s Walmart

April 19, 2017

Via: The Retail TouchPoints Blog

Walmart has undertaken quite a shift in its e-Commerce operations over the past year, with the $3.3 billion acquisition, bringing aboard new execs and a whole new attitude for the brand. While the acquisition would have been considered […]

News & Trends

Why Did Wal-Mart Acquire The Answer Is Simple – Customers

February 7, 2017

Via: Retail Info Systems News

One of the most interesting acquisitions last year has been that of by Wal-Mart. Jet emerged on the scene just two years ago and quickly earned a spot as a recognized ecommerce player. With a business model built on […]

News & Trends

Gildan to buy bankrupt American Apparel for $66M

November 15, 2016

Via: Retail Dive

Montreal-based activewear brand Gildan has entered into an asset purchase agreement to acquire the worldwide intellectual property rights and certain assets of the American Apparel brand for approximately $66 million in cash. Also Monday, American Apparel filed for bankruptcy protection […]

News & Trends, Stores

FTC Shoots Down Staples’ Efforts To Purchase Office Depot

January 4, 2016

Via: Innovative Retail Technologies News

Efforts by Staples to acquire Office Depot have run into obstacles from the Federal Trade Commission (FTC), which has shot down the latest counteroffer made by Staples that attempted to resolve antitrust issues associated with the acquisition, according to Bloomberg. […]