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M&A and FinancialAug 22, 2013 10:11 AM By Erin Lynch
The Sears Holding Corporation, which operates Sears, Roebuck and Co., and Kmart, reported a 6% or $194 million loss in the second quarter. However, the online sales for both sears.com and kmart.com grew over 20%.
M&A and FinancialAug 20, 2013 9:49 AM By Erin Lynch
Dick’s Sporting Goods reported a lower-than-expected second quarter, which the sports retailer said was due in large part to “higher levels of precipitation and cooler temperatures.” Dick’s, however, did report that net sales for the second quarter increased 6.6% to $1.5 billion.
M&A and FinancialAug 14, 2013 2:56 PM By Erin Lynch
Innotrac announced its financial results for the second quarter and is reporting a 27% increase in net service revenues.
M&A and FinancialAug 12, 2013 1:36 PM By Erin Lynch
Kewill, a provider of multimodal transportation software, announced that it has signed a definitive agreement to acquire the assets of Four Soft, a software company headquartered in Hyderabad, India. The acquisition is expected to close within 90 days and will expand Kewill’s existing position in the Supply Chain Execution software market.
M&A and FinancialAug 08, 2013 12:05 PM By Erin Lynch
OfficeMax released it’s second quarter financials and according to the report the office supply retail saw a 4.3% decrease in sales.
M&A and FinancialAug 08, 2013 11:46 AM By Erin Lynch
Fifth & Pacific, which includes clothing and lifestyle brands such as Juicy Couture, Kate Spade, and Lucky Brand, released it’s second quarter financials which showed a net sale increase of $45 million.
M&A and FinancialAug 02, 2013 12:11 PM By Erin Lynch
Wayfair.com, an online home furnishing retailer, has announced the acqusition of lifestyle retailer DwellStudio for an undisclosed amount of money. Wayfair.com said the acquisition not only adds product design and development to the brand portfolio but also means the possibility of new product lines by the end of 2013.
M&A and FinancialJul 30, 2013 2:49 PM By Erin Lynch
Clothing retailer Hanes has announced that it will acquire intimate apparel retailer Maidenform to the tune of $575 million.
M&A and FinancialJul 26, 2013 10:40 AM By Erin Lynch
NetSuite Inc. announced its second quarter financial results which show a 35% increase over the same period in the prior year. Cash flows from operations were $15.6 million in the second quarter of 2013, up from $15.2 million in the same period in the prior year.
M&A and FinancialJul 10, 2013 10:13 AM By Erin Lynch
Foot Locker announced that it has officially acquired German-based specialty athletic retailer Runners Point Group. The acquisition of Runners Point Group represents a significant addition to Foot Locker’s European footprint, where it already operates more than 600 Foot Locker stores and had revenue of more than $1 billion in 2012.
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