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Jarden Corp. has agreed to acquire Yankee Candle Investments from Madison Dearborn Partners for approximately $1.75 billion in cash, subject to working capital and other adjustments. here’s why Jarden wants to add Yankee Candle to its portfolio of retail brands.
Deliv has announced a partnership with a subsidiary of General Growth Properties to offer same-day delivery service to customers of four GGP shopping malls. Here’s a look at how Deliv’s same-day delivery program will work.
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%.
With the merger, JustFab and ShoeDazzle will be able to expand their customer base in the United States and further accelerate international and category expansion plans, as well as leverage significant scale and operational synergies.
Net sales at J.C. Penney continue to decline, but the general merchants’ second-quarter results show sudden double-digit growth in its ecommerce channel. Here’s why sales at jcp.com have improved each month within the second quarter, and July sales are up over 14% to last year.
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.
Innotrac announced its financial results for the second quarter and is reporting a 27% increase in net service revenues.
The back-to-school season might have helped boost retail sales, according to the National Retail Federation, as clothing, sporting goods, and books saw an increase in July.
Newegg, Inc. (www.newegg.com), the leading electronics-focused e-retailer in the United States, today announced announced that its first ever pop-up store will be open for three days on August 16-18 in The Oaks shopping center in Thousand Oaks, California. Newegg’s exclusive store event will feature over 70 products from Intel, Samsung, Sony, WD and more. Customers […]
Rakuten has entered into an agreement to acquire PopShops, a Seattle-based data and analytics company, for an undisclosed amount of money.