Adobe announced plans to acquire Magento Commerce for $1.68 billion, integrating it into one platform for B2B and B2C customers globally. See how Magento will boost Adobe’s ecommerce capabilities and compliment its existing cloud platform.
Amazon announced plans to purchase Dubai-based online retailer Souq.com. See how this acquisition will benefit Amazon going forward.
The ongoing saga of faltering department stores continues, with reports that Canadian-based retail giant, Hudson’s Bay is in talks to acquire struggling high-end retailer Neiman Marcus. See what plans the retail giant has for Neiman Marcus and what it will mean going forward.
Gildan Activewear Inc., is expected to acquire American Apparel for $88million. See what this will mean for both brands moving forward.
Unilever signed an agreement to acquire home and personal care products company, Seventh Generation Inc. While details of the transaction were not disclosed, see what this will mean for both brands going forward.
Walmart Stores Inc., and Jet.com announced they have entered into a definitive agreement for Walmart to acquire Jet for $3.3 billion. See what this will mean for both Walmart and Jet.com moving forward as it relates to ecommerce.
Hudson’s Bay Company announced that it has entered into a definitive agreement to acquire Gilt Groupe Holdings, Inc. for $250 million in cash, subject to customary requirements.
Several reports have indicated that high-end retailer Saks Fifth Avenue is in talks to acquire New York-based flash-sales site Gilt Groupe for $250 million. See what this will mean for both companies.
Staples, Inc. and Office Depot, Inc. have issued the following open letter to customers after the U.S. Federal Trade Commission announced earlier today their decision to challenge the merger of the two companies.
Belk, Inc., announced that it has entered into a definitive merger agreement whereby investment funds managed by New York-based private equity firm Sycamore Partners. See what this will mean for the retailer.