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M&A and Financial ARCHIVE

Why Large Retailers Are Acquiring Flash Sale Sites  Jun 20, 2016 5:19 PM By Daniela Forte

Large retailers acquiring major flash sale sites are slowly becoming the norm in today’s retail landscape. See what acquiring major flash sale sites means for major retailers and their business model.

Ashley Stewart Acquired by The Invus Group  Jun 06, 2016 3:37 PM By MCM Staff

Ashley Stewart, Inc today announced that an affiliate of The Invus Group LLC , in partnership with senior management, has acquired a controlling interest in the company from affiliates of Clearlake Capital Group, L.P. and FirePine Group, LLC. Terms were not disclosed. Founded in 1991 and headquartered in Secaucus, NJ, Ashley Stewart is a global […]

Judge Denies Staples-Office Depot Merger  May 11, 2016 11:47 AM By Mike O'Brien

A federal court judge has ruled in favor of the Federal Trade Commission’s decision to block the proposed Staples-Office Depot merger, upholding the FTC’s December lawsuit which claimed the resulting monopolistic company would harm consumers by adversely affecting office supply prices.

Sports Authority Calling it Quits  Apr 28, 2016 1:28 PM By Tim Parry

Sports Authority won’t come out of bankruptcy as an independent company and instead wants to sell off all its holdings, according to a report from The Denver Post.

Nordstrom to Slash 350 to 400 Jobs  Apr 21, 2016 11:05 AM By Tim Parry

Nordstrom, Inc. announced Monday that it would reduce approximately 350 to 400 corporate and regional support positions through a phased approach that should be completed by the end of the second quarter.

Vestis Retail Group is Shuttering Sports Chalet  Apr 18, 2016 11:22 AM By Tim Parry

Vestis Retail Group bought Sports Chalet in June 2014. Today, it announced it will knock Sports Chalet down and focus on Vestis’s other two regional merchants, Eastern Mountain Sports and Bob’s Stores.

Amazon Said to be Eyeing Office Depot Assets  Mar 17, 2016 9:46 AM By MCM Staff

Amazon is reportedly considering an acquisition of Office Depot’s corporate business assets to jumpstart its Amazon Business office supply operation. The deal is contingent on FTC approval of the Office Depot-Staples merger, which it has opposed to date, but may be close to signing off on.

American Apparel Signals It May Go Out of Business  Aug 18, 2015 5:52 PM By Mike O'Brien

American Apparel, facing mounting debt, declining sales and cash issues, said it may not be in operation a year from now as it released poor Q2 financials.

Week in Review: Is Back to School Still Cool?  Aug 09, 2015 9:26 AM By MCM Staff

Back to school shopping wasn’t cool when you were a kid… and apparently it wasn’t too cool in July. Back to school sales seemed to be slumping, and the season seemed to be taking on a new life a la the traditional holiday shopping season.

Week in Review: Amazon Had the Best and Worst Week Ever  Jul 19, 2015 1:50 AM By MCM Staff

Amazon had the best week ever… and its worst week ever. Sounds impossible? It does, but here’s a look at why Prime Day was such a polarizing event for the ecommerce marketplace giant.






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