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Executive ARCHIVE

Private Equity Firm Acquires PetSmart  Dec 16, 2014 9:49 AM By Tim Parry

PetSmart has entered into a definitive agreement to be acquired by a consortium led by private equity firm BC Partners, Inc. at a price of $83 per share in cash, representing a premium of approximately 39% over PetSmart’s unaffected closing share price on July 2. The transaction would be valued at approximately $8.7 billion

Abercrombie & Fitch CEO to Retire  Dec 09, 2014 4:08 PM By Daniela Forte

Abercrombie & Fitch announced today that embattled CEO Michael Jeffries is retiring. He will also be retiring as a board member, effective immediately. See what this will mean for the retailer.

Tax Group Targets Alibaba in Campaign  Dec 04, 2014 10:51 AM By Tim Parry

The Alliance for Main Street Fairness launched a television advertising campaign against Alibaba this week to educate lawmakers on what it calls an imminent threat to U.S. retailers. But are AMSF’s claim against Alibaba true?

Speed Commerce Acquires Fifth Gear  Nov 24, 2014 4:50 PM By Tim Parry

The transaction provides Speed Commerce with a diverse list of marquee clients on long-term contracts, adds substantial fulfillment services assets, and solidifies the company’s position as one of the fastest growing providers of end-to-end ecommerce services.

Petco to Acquire Drs. Foster and Smith  Nov 24, 2014 4:40 PM By Tim Parry

Petco has entered into an agreement to acquire Drs. Foster and Smith, a leading veterinary-owned online pet supply company. The acquisition will unite one of the largest pet specialty retailers with one of the largest online pet retailers in the country.

What’s the Deal with Sears Holdings?  Oct 24, 2014 1:55 PM By Tim Parry

When you compare Sears Holdings with its big box counterparts, it seems to be ahead of the curve when it comes to innovation and technology. However, Sears Holdings is losing money like crazy, and rumor has it store closings will escalate. Here’s a look at some of the technology and innovation that’s making Sears Holdings brands Sears and Kmart look like winners.

JC Penney Names New CEO Just Before the Holidays  Oct 13, 2014 10:52 AM By Daniela Forte

JC Penney has named Marvin Ellison, currently the executive vice president of stores at Home Depot, as its new president and CEO-designee effective Nov. 1, according to a press release.

Maurices Names Ali Wing CMO, EVP Of Digital Commerce  Sep 09, 2014 4:29 PM By Tim Parry

Ali Wing has accepted the position of Chief Marketing Officer, EVP of Digital Commerce at maurices, a subsidiary of Ascena Retail Group.

Batteries Plus Expands Business Overseas with Acquisition  Sep 08, 2014 5:19 PM By MCM Staff

Batteries Plus LLC has acquired privately held LED Hut Ltd., a leading provider of LED lighting products, including bulbs and light fixtures, to customers throughout Europe.

1-800-Flowers Acquires Harry & David  Sep 02, 2014 5:34 PM By Daniela Forte

Online floral retailer 1-800-Flowers announced it has acquired specialty gift retailer Harry & David Holdings Inc. for $142.5 million, according to a press release.






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