UPS, Coyote Logistics, Warburg Pincus, mergers and acquisitions, Shipping/Delivery

August 4, 2015




UPS to Acquire Coyote Logistics for $1.8 Billion

UPS has entered into a definitive purchase agreement to acquire Coyote Logistics, a technology-driven, non-asset based truckload freight brokerage company for $1.8 billion from Warburg Pincus.

Founded in 2006, Coyote reported annual revenue of $2.1 billion in 2014. Closing is expected within 30 days, subject …

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In Operations & Fulfillment, PR Newswire

the-week-that-was-300

January 14, 2016




Week in Review: The Omnichannel Conundrum

Pureplay ecommerce retailers are disadvantaged by the high cost of marketing and shipping, making their business model challenging and ultimately unsustainable in the long-term, according to a report released this week by L2.

By contrast, the report finds that online …

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In News

the-week-that-was-300

January 7, 2016




Week in Review: Macy’s Downfall Sends an Omnichannel Message

Despite all the doom and gloom news that came out of Macy’s, Inc. on Jan. 6, chairman and CEO Terry Lundgren said its omnichannel investments are paying off.

In November and December, the company filled nearly 17 million online orders at macys….

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In Ecommerce, Executive

AnnINC-2

May 18, 2015




Ascena Retail Group to Acquire ANN INC.

Ascena Retail Group Inc., owner of plus-sized apparel brand Lane Bryant has announced it will merge with ANN INC., for a total of $2.0 billion. The transaction is expected to close in the second half of 2015.

Upon closing, ANN INC. stockholders …

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In Ecommerce, News

Pitney Bowes, Borderfree, ecommerce, global ecommerce, Operations and Fulfillment, cross-border selling, cross-border ecommerce, third-party fulfillment, third-party logistics, 3PL, ecommerce platform, mergers and acquisitions, M&A

May 5, 2015




Pitney Bowes to Acquire Competitor Borderfree

Pitney Bowes Inc. said it has signed a definitive agreement to acquire competitor Borderfree, according to a release. The companies said Borderfree’s solutions will complement and expand Pitney Bowes’s ecommerce capabilities, helping clients grow their global business by …

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In cross-border, duties and taxes

gilt-groupe-300

December 15, 2015




Will Hudson’s Bay Co. Buy Gilt Groupe?

Several reports have indicated that Hudson’s Day Co., parent company of high-end retailer Saks Fifth Avenue, is in talks to acquire New York-based flash-sales site Gilt Groupe for $250 million.

While $250 million is a hefty price tag, Gilt has raised more …

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In Ecommerce, News

acquisition-300

April 23, 2015




NetSuite to Acquire Bronto Software for $200 Million

NetSuite announced it has entered into an agreement to acquire Bronto Software Inc., for $200 million.  The transaction is expected to close in the second quarter of 2015, according to a press release.

The combination brings together two companies of cloud-based omnichannel …

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In Ecommerce, Marketing

Thanksgiving-Mobile-Branding-Brand-Infographic-turkeys-300

November 27, 2015




No Surprise: Thanksgiving Ecommerce Sales on the Rise

[EDITOR'S NOTE: THIS ARTICLE WILL BE UPDATED AS ADDITIONAL DATA IS RECEIVED BY MULTICHANNEL MERCHANT]

So far, this Cyber Weekend, there are no major ecommerce sales surprises. As predicted by several sources, consumers made online shopping just as much a …

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In Ecommerce, News

the-week-that-was-300

November 20, 2015




Week in Review: Is Black Friday’s Demise Over Exaggerated?

The Multichannel Merchant editorial team has been talking a lot amongst itself about Black Friday and Cyber Monday, and the alleged demise – and rebirth – of both super shopping days.

One thing we’ve noticed is that Cyber Monday is still kind …

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In Data & Analytics, Ecommerce

bluemercury

February 4, 2015




Macy’s, Inc. Agrees to Acquire Bluemercury

Macy’s, Inc. has announced it has signed an agreement to acquire Bluemercury, Inc., a luxury beauty products and spa services retailer, for $210 million in cash.

Bluemercury, based in Washington, D.C., currently operates about 60 specialty stores in 18 states, typically …

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In M&A and Financial, News

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