Creating a mega-entity in the world of television shopping and ecommerce in general, QVC plans to merge with Home Shopping Network in a deal valued at $2.1 billion. Here is what executives from both companies had to say about what this will mean moving forward.
In yet another mega merger in the retail sector, U.S.-based credit card processing firm Vantiv is acquiring UK-based payments technology firm Worldpay in a deal worth $9.94 billion, after J.P. Morgan withdrew its interest in Worldpay. The move give Vantiv greater access to the lucrative European ecommerce and digital payments market.
Staples announced it was acquired by a private equity firm for $6.9 billion. Here is what Staples executives had to say about the acquisition and what it means for the company.
Walmart announced the acquisition of Bonobos. The big-box retailer bought the online clothing retailer for $310 million in cash. See what changes are coming down the pike for both companies.
Sports Direct International PLC., announced it has acquired Bob Store’s and Eastern Mountain Sports. See what representatives from the company had to say about the acquisition.
BCBG Max Azria Group LLC, announced that the company is being acquired by Marquee Brands LLC and Global Brands Group Holding Limited after the company filed for Chapter 11 bankruptcy.
Reynolds and Reynolds announced that it has acquired TradeMotion, an ecommerce solution for dealers and manufacturers to sell automotive parts and accessories online to consumers more efficiently and profitably. See what executives from the company had to say about the acquisition.
ChannelAdvisor announced the acquisition of HubLogix, in an effort to solve the market’s need for an end-to-end solution that optimizes online and offline commerce. Here is what executives from both companies had to say about the acquisition.
Descartes Systems Group, a provider of Software-as-a-Service for logistics in B2B and B2C companies, has acquired parcel shipping software firm ShipRush for $14 million, expanding its services as it goes after midmarket ecommerce shippers. See what the business combination means for their joint customers.
Coach announced it will acquire its rival Kate Spade for $2.4 billion. Here is what executives from both brands had to say about the acquisition.
