M&A and FinancialNov 13, 2013 4:21 PM By Erin Lynch
China’s largest shopping event, Single’s Day, topped nearly $6 billion in sales in just 24-hours, making it the largest single shopping day event in the world.
M&A and FinancialNov 07, 2013 1:08 PM By Erin Lynch
Vitamin Shoppe has announced its preliminary results for the third quarter which ended on September 28. According to the results, total net sales this quarter increased by 14% and ecommerce sales increased by nearly 18% compared to 2012.
M&A and FinancialNov 01, 2013 10:44 AM By MCM Staff
Closeout retailer Big Lots has decided to exit the wholesale business. The merchant will wind down operations of Big Lots Wholesale, Consolidated International, and Wisconsin Toy wholesale operations by the end of fiscal 2013.
M&A and FinancialNov 01, 2013 10:16 AM By Tim Parry
The merger of equals proposed by OfficeMax and Office Depot would create a $17 billion office supplies empire.
M&A and FinancialOct 08, 2013 3:19 PM By Tim Parry
Fifth & Pacific Companies said on Oct. 7 that it agreed to sell the intellectual property of the Juicy Couture brand to Authentic Brands Group for $195 million cash.
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.
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