merger

Backcountry Acquires Value Retailer Level Nine Sports

Outdoor gear retailer Backcountry has acquired Utah-based Level Nine Sports, which will combine Backcountry’s digital expertise with Level Nine’s product portfolio….

Capri, Tapestry Pull Plug on Merger Amid Regulatory Uncertainty

Three weeks after a federal judge issued an injunction halting the merger of luxury groups Capri Holdings and Tapestry, the companies have…

JD Sports Strengthens U.S. Footprint with $1.1 Billion Acquisition of Hibbett

UK-based sports retailer JD Sports Fashion has agreed to acquire athletic fashion retailer Hibbett for $87.50 per share, representing an aggregate value of…

TikTok Aims to ‘Transform Indonesia’s Ecommerce Sector’ Through Partnership with Tokopedia

In early October, Indonesia dealt TikTok a blow when it banned ecommerce on social media. Now, just two months later, TikTok has…

UFCW Officially Votes to Oppose Kroger and Albertsons Merger

The United Food and Commercial Workers International Union (UFCW) has officially announced that delegates representing 1.3 million of its members unanimously voted…

Kroger Acquires Murray’s Cheese For $21 Million

Kroger has acquired Murray’s Cheese, a chain of specialty cheese and meat shops, as well as its flagship location on Bleecker Street…

Hudson’s Bay In Preliminary Talks To Take Over Macy’s

Saks Fifth Avenue and Lord & Taylor parent Hudson’s Bay has approached Macy’s about a possible takeover, according to a report from…

LogMeIn Completes Merger With Citrix

LogMeIn, Inc., a provider of cloud-based connectivity, has completed its merger with Citrix Systems, Inc. and its GoTo family of services. The…

Office Depot Completes Sale Of $2.8 Billion European Business

Office Depot has completed the sale of its European office supply business to The Aurelius Group. The Boca Raton, Fla.-based retailer is…

Another C-Level Shakeup In The Office Supplies Segment

Mark Cosby, President of North American operations for Office Depot, will be leaving his position, according to a filing with the Securities…

Luxury’s Turmoil Sparks Coach-Burberry Merger Chatter

Although neither retailer has commented on the speculation and a Reuters report asserted the brands were not in active merger talks, the…

Eastern Mountain Sports, Bob’s Stores Merged Into New Holding Company

Private equity investment firm Versa Capital Management has formed a new holding company. Dubbed Eastern Outfitters, LLC, the company brings together two…

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