Week in Review: Trump Dumped Like a Cheap Suit
It’s not often that Presidential candidates make the pages of Multichannel Merchant. It’s also not often that Donald Trump follows through with his promise to run for President.
M&A and Financial
Week in Review: Confederate Flags Pulled After Sales Spikes
The controversy surrounding the Confederate flag spilled to ecommerce sites and shopping carts, as retailers scrambled to stop sales of the Confederate flag. Here’s more about that, and a look at the rest of this week’s news, commentary and events.
Week in Review: Amazon Wants You to Deliver
Amazon is trying to make delivery even faster by turning the U.S. into a Nation of Couriers… Who needs drones when you can have an Uber-like delivery experience? Here’s a look at the news, commentary and events that shaped the direct-to-customer world this week.
Capmark Acquires Orchard Brands for $410 million
Orchard Brands Corp., a multichannel retailer of apparel and home products focused on serving women and men above the age of 50, announced on May 27 that the company has reached a definitive agreement to be acquired by Capmark Financial Group Inc., which owns the Bluestem Brands catalog titles.
Geeknet Gets An Anonymous Bid
Two days after apparently agreeing to be acquired by Hot Topic, Geeknet, the parent company of ThinkGeek and ThinkGeek Solutions, has received a new bid.
Hot Topic Gets its ThinkGeek On
Pop culture apparel and novelties seller Hot Topic will acquire Geeknet, Inc., the parent company of online gizmos, gadgets and apparel seller ThinkGeek and ThinkGeek Solutions. Find out how much Hot Topic bought Geeknet for, and why the deal makes sense for both retailers.
Kate Spade Shutting Down Kate Spade Saturday Business
Two years after Kate Spade & Company’s launched its Kate Spade Saturday brand, ecommerce site and stores, the company announced the Kate Spade Saturday stores and and ecommerce site will close, and that the brand will be rolled into its kate spade new york brand.
Will 2015 Be the Year of Retail Chapter 11s?
It was as inevitable as the sun rising, but RadioShack finally filed for Chapter 11 bankruptcy protection on February 5. It’s the fifth retailer to file for Chapter 11 since the traditional kickoff of the 2014 holiday season. Here’s a look at which retailers are restructuring, and which one is riding off into the sunset.
RadioShack’s Chapter 11 Filing Includes Restructuring Plan
It appears that the RadioShack brand will live on despite today’s Chapter 11 filing in the U.S. Bankruptcy Court for the District of Delaware. But the iconic electronics retailer will have a much-smaller footprint.
Macy’s, Inc. Agrees to Acquire Bluemercury
Macy’s, Inc. to grow its beauty business and enhance customer offerings in standalone Bluemercury specialty locations, in digital channels and in Macy’s stores.