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M&A and Financial ARCHIVE

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.

Rakuten Acquires Fits.me  Jul 14, 2015 6:21 AM By MCM Staff

Rakuten expects Fit.me to further strengthen its ecommerce offerings and marketing solutions by providing a greater personalization of the retail experience for shoppers while driving operational insights and efficiencies for retailers.

Week in Review: Prime Day is Coming, Prime Day is Coming!  Jul 10, 2015 7:07 PM By MCM Staff

The biggest news this week was probably Amazon’s announcement that they would launch Prime Day… and that means a lot of speculation… Keep reading to find out more about Prime Day, and the wrap-up of the rest of this week’s news…

Week in Review: Trump Dumped Like a Cheap Suit  Jul 03, 2015 8:26 AM By MCM Staff

It’s not often that Presidential candidates make the pages of Multichannel Merchant. It’s also not often that Donald Trump follows through with his promise to run for President.






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