Tag: acquisition

October 11, 2022

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 […]

October 19, 2020

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 […]

September 11, 2020

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 […]

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 […]

September 1, 2020

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 […]

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 […]

December 28, 2017

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 […]

August 21, 2017

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 […]

May 1, 2017

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

April 19, 2017

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

February 7, 2017

One of the most interesting acquisitions last year has been that of Jet.com 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 […]

November 15, 2016

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 […]

January 4, 2016

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. […]