Advance Auto Parts Buying DieHard Brand from Sears for $200 Million

| Mike O'Brien

Another Sears brand is being peeled off as Advance Auto Parts will acquire the DieHard brand and its popular, iconic battery line from Sears’ parent company for $200 million, providing a much-needed cash infusion, according to CNBC. This follows acquisitions of Craftsmen and Sears Hometown brands.

Walmart Launches Four New Private Brands

| Daniela Forte

Walmart announced it is launching four new private brands in the apparel category, two for women and one each for men and children. The company said the new brand rollout is intended to create a one-stop destination for fashion as well as everyday essentials, electronics and the rest of the broad assortment of categories.