Hanna Andersson sold to Kellwood
Children’s clothing cataloger/retailer Hanna Andersson Corp. has a new parent. Apparel marketer Kellwood Co. announced in June it is acquiring Hanna Andersson for about $175 million.
CDW acquired by private equity firm
It pays to be CDW Corp. The computer reseller, which in April reported a 24.5% rise in first-quarter net income, announced on May 30 that it has agreed to be bought by private equity firm Madison Dearborn Partners for approximately $7.3 billion.
Prices take another step up
It’s not a great time to be shopping for coated freesheet paper. Nine major paper companies Domtar, Sappi Fine Papers, NewPage, West Linn, Verso, PineBluff,
Home Depot sheds HD Supply unit
After spending the past decade building up its business-to-business division, home improvement products retailer Home Depot has sold the unit to a trio of private equity firms:Bain Capital, The Carlyle Group, and Clayton, Dubilier & Rice.
Richard Thalheimer’s solo act
Richard Thalheimer is back in action. Less than a year after he was replaced as chairman/CEO of The Sharper Image Corp., Thalheimer has unveiled an e-commerce
Ingram Micro buys DBL
Ingram Micro, the world’s largest technology distributor, in June acquired business-to-business electronics accessories mailer DBL Distributing for $96 million.
Casual Male spin-off thinks big
As consumers continue to grow taller and increasingly wider, there’s a greater need for everyday products to accommodate people of size. That’s why men’s apparel merchant Casual Male XL in late May launched LivingXL, a catalog of non-apparel products for obese men and women.
Getting personal
Given all the hoopla in the ’90s about how technology would enable one-to-one marketing, you’d think by now everybody would be receiving personalized catalogs. But few catalogers have embraced the strategy
Pier 1 Pulls Plug on Catalog/Web Business
Pier 1 is exiting the direct business. The home furnishings and decor retailer announced on June 21 it will shelve its three-year-old catalog and its seven-year-old e-commerce site by the end of August.
Home Depot Supply Sold
A trio of private equity firms–Bain Capital, The Carlyle Group, and Clayton, Dubilier & Rice–have snapped up Home Depot