SkyMall Files for Chapter 11 Bankruptcy Protection

| Tim Parry

The days of buying garden gnomes, orthopedic pet beds and assorted tchachkies from SkyMall, the iconic catalog found in airline seat-back pocket. SkyMall and its parent company, Xhibit Corp., filed for Chapter 11 bankruptcy protection in the United States Bankruptcy Court for the District of Arizona.

Private Equity Firm Acquires PetSmart

| Tim Parry

PetSmart has entered into a definitive agreement to be acquired by a consortium led by private equity firm BC Partners, Inc. at a price of $83 per share in cash, representing a premium of approximately 39% over PetSmart’s unaffected closing share price on July 2. The transaction would be valued at approximately $8.7 billion

Speed Commerce Acquires Fifth Gear

| Tim Parry

The transaction provides Speed Commerce with a diverse list of marquee clients on long-term contracts, adds substantial fulfillment services assets, and solidifies the company’s position as one of the fastest growing providers of end-to-end ecommerce services.

Petco to Acquire Drs. Foster and Smith

| Tim Parry

Petco has entered into an agreement to acquire Drs. Foster and Smith, a leading veterinary-owned online pet supply company. The acquisition will unite one of the largest pet specialty retailers with one of the largest online pet retailers in the country.

Nordstrom to Acquire Trunk Club

| MCM Staff

Trunk Club’s 250 personal stylists build true, one-to-one relationships with their members to understand their lifestyles and styling preferences before hand-selecting merchandise that is then shipped to the customer.

NetSuite Acquires Venda to Accelerate Growth in Europe

| MCM Staff

The combination of NetSuite and Venda will deliver unprecedented capabilities that businesses need to meet the demands to deliver a seamless, omnichannel commerce experience to consumers and businesses, NetSuite said in a press release.