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M&A and FinancialJul 07, 2014 3:34 PM By MCM Staff
The purchase of Aspen builds on Plainfield, IN-based IDS’s strategy in e-fulfillment to serve 90% of the US with 2-day ground service, a critical component in the rapidly expanding ecommerce market.
M&A and FinancialJun 04, 2014 10:17 PM By Tim Parry
Sailing Capital Consortium won the June 2 auction for a final purchase price of $135.7 million. Under Sailing, Brookstone will continue to operate as a stand-alone company and brand.
M&A and FinancialJun 02, 2014 6:01 AM By Tim Parry
Frederick’s of Hollywood Group Inc. has announced the completion of its acquisition led by a group consisting of HGI Funding LLC. The total transaction is valued at approximately $24.8 million.
M&A and FinancialMay 28, 2014 4:50 PM By MCM Staff
Organize-It, a retailer for storage and organizational products, purchased specific assets only from on-line competitor StacksandStacks.com. The assets acquired include the stacksandstacks.com domain name along with associated blogs, website code database and email list.
M&A and FinancialMay 21, 2014 3:04 PM By MCM Staff
LightInTheBox’s first-quarter increases were driven by the recovery of its wedding business, strong performance from ready-to-wear apparel, as well as the increasing contribution of its mobile commerce business.
M&A and FinancialMay 18, 2014 7:41 AM By Tim Parry
Walmart’s first-quarter global ecommerce sales rose 27%, the mass merchant announced on May 15. That growth is faster than ecommerce behemoth Amazon.com, which saw a 23% rise in sales during the comparative quarter.
M&A and FinancialMay 17, 2014 2:35 PM By Tim Parry
Nordstrom direct net sales increased 33% in the first quarter, driven by expanded merchandise selection and ongoing technology investments to enhance the online experience.
M&A and FinancialMay 16, 2014 9:58 AM By Tim Parry
Is JCPenney growing faster than Amazon.com? Not really. But based on its new sales reporting methodology, JCPenneys’ first-quarter online sales grew at a faster pace than Amazon’s. Here’s why.
M&A and FinancialMay 14, 2014 3:47 PM By Tim Parry
Sears Holdings announced Wednesday that it is exploring strategic alternatives for its 51% interest in Sears Canada, including a potential sale of Sears Holdings’ interest or Sears Canada as a whole. But don’t expect Macy’s Inc. to make an offer.
M&A and FinancialMay 12, 2014 11:27 AM By MCM Staff
A joint venture of Gordon Brothers Group and Hilco Merchant Resources began Coldwater Creek’s closing sales on May 8. The women’s apparel seller filed for Chapter 11 bankruptcy protection on April 11.