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MULTICHANNEL MERCHANT » EXECUTIVE
ExecutiveDec 16, 2014 9:49 AM By Tim Parry
PetSmart has entered into a definitive agreement to be acquired by a consortium led by private equity firm BC Partners, Inc. at a price of $83 per share in cash, representing a premium of approximately 39% over PetSmart’s unaffected closing share price on July 2. The transaction would be valued at approximately $8.7 billion
ExecutiveDec 09, 2014 4:08 PM By Daniela Forte
Abercrombie & Fitch announced today that embattled CEO Michael Jeffries is retiring. He will also be retiring as a board member, effective immediately. See what this will mean for the retailer.
ExecutiveDec 04, 2014 10:51 AM By Tim Parry
The Alliance for Main Street Fairness launched a television advertising campaign against Alibaba this week to educate lawmakers on what it calls an imminent threat to U.S. retailers. But are AMSF’s claim against Alibaba true?
ExecutiveNov 24, 2014 4:50 PM By Tim Parry
The transaction provides Speed Commerce with a diverse list of marquee clients on long-term contracts, adds substantial fulfillment services assets, and solidifies the company’s position as one of the fastest growing providers of end-to-end ecommerce services.
ExecutiveNov 24, 2014 4:40 PM By Tim Parry
Petco has entered into an agreement to acquire Drs. Foster and Smith, a leading veterinary-owned online pet supply company. The acquisition will unite one of the largest pet specialty retailers with one of the largest online pet retailers in the country.
ExecutiveOct 24, 2014 1:55 PM By Tim Parry
When you compare Sears Holdings with its big box counterparts, it seems to be ahead of the curve when it comes to innovation and technology. However, Sears Holdings is losing money like crazy, and rumor has it store closings will escalate. Here’s a look at some of the technology and innovation that’s making Sears Holdings brands Sears and Kmart look like winners.
ExecutiveOct 13, 2014 10:52 AM By Daniela Forte
JC Penney has named Marvin Ellison, currently the executive vice president of stores at Home Depot, as its new president and CEO-designee effective Nov. 1, according to a press release.
ExecutiveSep 09, 2014 4:29 PM By Tim Parry
Ali Wing has accepted the position of Chief Marketing Officer, EVP of Digital Commerce at maurices, a subsidiary of Ascena Retail Group.
ExecutiveSep 08, 2014 5:19 PM By MCM Staff
Batteries Plus LLC has acquired privately held LED Hut Ltd., a leading provider of LED lighting products, including bulbs and light fixtures, to customers throughout Europe.
ExecutiveSep 02, 2014 5:34 PM By Daniela Forte
Online floral retailer 1-800-Flowers announced it has acquired specialty gift retailer Harry & David Holdings Inc. for $142.5 million, according to a press release.