best-buy-corporate-logo

January 16, 2014




Best Buy Blames Price Competitiveness in Holiday Sales Decline

The competition in price played a major role in the declining 2013 holiday sales results at Best Buy, according to a statement released by the electronics retailer.

In the nine week holiday period that ended on Jan. 4, Best Buy reported $11.45 million …

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In Cyber Weekend 2013, Ecommerce

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January 1, 2014




2014: Things Just Got Personal

As we stand at the threshold of 2014, it’s only natural to wonder what the new near will bring. If 2013 was the year of ecommerce, 2014 is set to be the year of personalization.

2014 will see retailers truly embracing personalization. Brands …

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In 2014 Predictions, Ecommerce

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January 2, 2014




6 Fearless Predictions for 2014

The 2013 holiday season saw shifts in consumer behavior that direct-to-customer merchants – and their business partners – must adapt to in 2014.

Ecommerce got off to a roaring start with off-the-chart sales lifts over Cyber Weekend. But it got a bit …

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In 2014 Predictions, Blog

Men's Wearhouse and Jos. A. Bank logos

December 23, 2013




Jos. A. Bank Rejects Men’s Wearhouse Acquisition Bid

In a constant game of back-and-forth, Jos. A. Bank has rejected the acquisition proposal from Men’s Wearhouse, citing the billion dollar proposal was “significantly undervalued,” according to a statement released by Jos. A. Bank.

The acquisition game between these …

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In Executive, M&A and Financial

Men's Wearhouse and Jos. A. Bank logos

November 26, 2013




Back Atcha: Men’s Wearhouse Makes a Play for Jos. A. Bank

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, or $55 a share.

Given Men’s Wearhouse’s advantage in scale, growth and …

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In Executive, Leadership Team

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November 6, 2013




Hudson’s Bay Completes Saks Acquistion

Hudson’s Bay Company announced the completion of its acquisition of Saks Inc.  Hudson’s Bay Company acquired Saks Inc. at a value of $2.9 billion.  Saks now joins a combined company of Lord & Taylor and Home Outfitters, according to a …

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In Ecommerce, Global

Men's Wearhouse and Jos. A. Bank logos

October 10, 2013




Men’s Wearhouse Rejects Jos. A. Bank’s $2.3 Billion Offer

The Men’s Wearhouse’s Board of Directors voted Oct. 9 to reject an unsolicited, non-binding proposal from Jos. A. Bank to acquire Men’s Wearhouse for $48 per share in cash.

According to Jos. A. Bank, the $2.3 billion deal would create the largest men’s …

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In News, PR Newswire

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September 9, 2013




Neiman Marcus Sold for $6 Billion

Ares Management LLC and Canada Pension Plan Investment Board announced plans to acquire Neiman Marcus Group from a group of investors led by TPG and Warburg Pincus for $6 billion, according to a press release.

The luxury retailer is comprised of 79 …

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In News, PR Newswire

acqusition

August 12, 2013




Rakuten to Add PopShops to Its Portfolio

Rakuten has entered into an agreement to acquire PopShops, a Seattle-based data and analytics company, for an undisclosed amount of money.

The terms of the acquisition were not made public but, according to a press release, PopShops will now be …

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In Data & Analytics, Ecommerce

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August 7, 2013




Target Acquires DermStore Beauty Group

Target announced this week it will be acquiring independent skin care ecommerce site  DermStore Beauty Group.  The acquisition will position Target to expand its share of evolving online beauty market and will further differentiate the company’s offerings, according to …

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In Ecommerce, Marketing

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