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M&A and Financial ARCHIVE

Unilever Gets a Billion Dollar Shave Club  Jul 20, 2016 11:01 AM By Tim Parry

Unilever has signed an agreement to purchase Dollar Shave Club, which is worth a reported $1 billion cash. Here’s what the deal means to both parties, and why Dollar Shave Club founder and CEO Michael Dubin’s handsome-ass grandfather would be proud.

eBags Has Record Second Quarter Results and Strong Amazon Prime Day Sales  Jul 18, 2016 12:50 PM By Tim Parry

eBags announced that it recorded record sales growth both for the second fiscal quarter of 2016, and during its Amazon Prime Day event. Here’s a look at how eBags fared during both time periods, and what’s escalating the company’s double-digit sales growth.

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.






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