Toys ‘R Us Sells FAO Schwarz to ThreeSixty Group

| MCM Staff

ThreeSixty Group, a leading provider of branded consumer products to major retailers, has acquired FAO Schwarz from Toys ‘R Us. Terms were not disclosed. See what plans it has for the iconic toy company’s assets.

Judge Denies Staples-Office Depot Merger

| Mike O'Brien

A federal court judge has ruled in favor of the Federal Trade Commission’s decision to block the proposed Staples-Office Depot merger, upholding the FTC’s December lawsuit which claimed the resulting monopolistic company would harm consumers by adversely affecting office supply prices.

Office Depot

Amazon Said to be Eyeing Office Depot Assets

| MCM Staff

Amazon is reportedly considering an acquisition of Office Depot’s corporate business assets to jumpstart its Amazon Business office supply operation. The deal is contingent on FTC approval of the Office Depot-Staples merger, which it has opposed to date, but may be close to signing off on.

UPS Buys Global Ecommerce Firm i-parcel

| Mike O'Brien

UPS announced today it has acquired U.S.-based global ecommerce enabler and logistics company i-parcel for an undisclosed sum. The acquisition complements UPS’s international cross-border logistics capabilities from the U.S. and U.K., now extending to more than 100 countries.