M&A and Financial ARCHIVE

Back Atcha: Men’s Wearhouse Makes a Play for Jos. A. Bank  Nov 26, 2013 9:39 AM By Tim Parry

Less than 7 weeks after Jo.s A. Bank looked to acquire troubled apparel merchant Men’s Wearhouse, Men’s Wearhouse made an offer Tuesday to acquire Jos. A. Bank for $1.2 billion.

Williams-Sonoma, Inc.’s 3Q DTC Revenue Reaches $511 Million  Nov 21, 2013 2:23 PM By Tim Parry

Williams-Sonoma Inc.’s direct-to-customer revenues for the third quarter were more than $511 million, a 14% increase compared to the same period in 2012. Direct made up 49% of all revenues for the comapny.

JCPenney’s Ecommerce Sales Rise 24.5%  Nov 20, 2013 10:54 AM By Tim Parry

Third-quarter net sales at JCPenney were down 4.8%, but its ecommerce arm continues to shine. Online sales through JCP.com were $266 million for the quarter, up 24.5% versus the same period last year and reflecting sequential increases through the quarter.

China’s Single’s Day Breaks World Record with $5.7 Billion in Sales  Nov 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.

Vitamin Shoppe Sees 17% Increase in Ecommerce Sales  Nov 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.

Big Lots Exiting Wholesale Business  Nov 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.

FTC Clears Proposed OfficeMax-Office Depot Merger  Nov 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.

Fifth & Pacific Sells Juicy Couture  Oct 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.

Sears Reports $194 Million Loss 2nd Quarter  Aug 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%.

Dick’s Sporting Goods Says Cooler Temps Behind Sluggish Sales  Aug 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.






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