Finance

PwC: CPG retailers and providers use IT to connect with customers
Jun 18, 2013
Retailers and consumer packaged goods (CPG) companies are increasingly...
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Burlington Coat Factory stays cool during Q1
Jun 18, 2013
Burlington Coat Factory credited the unusually cold winter experienced by...
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Alliance Data expands credit card program with Orchard Brands
Jun 18, 2013
Alliance Data Systems Corp. said it has signed a long-term renewal and...
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Toys ‘R’ Us problems mount as Q1 loss widens to $111 million
Jun 17, 2013
Toys "R" Us reported a loss of $111 million for the first quarter,...
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KPMG: Retailers ready to spend on expansion, IT
Jun 17, 2013
Despite continuing economic uncertainty, new data from KPMG indicates...
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Orchard Supply files for bankruptcy; Lowe's buying assets
Jun 17, 2013
Orchard Supply Hardware Stores Corp. is filing for Chapter 11 bankruptcy....
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Deloitte Consumer Spending Index rises in May
Jun 17, 2013
Improvements in real home prices, initial unemployment claims and real...
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Financially Speaking

BDO survey: Retail CFOs bullish about M&A, IPO activity in 2013

By Marianne Wilson
The retail industry is poised for another year of heavy deal flow. Nearly all retail CFOs (94%) expect merger and acquisition will increase or remain steady in 2013, according to a new survey from BDO USA.
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Deals/M&A

Party City to expand growth in New England with acquisition of iParty Corp.
iParty Corp., a leading party goods retailer with a strong presence in New England, has entered into an agreement to be acquired by Party City Holdings Inc., North America’s largest party supply retailer.
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Newsmakers

Founder of Barnes & Noble to bid for chain’s retail assets
Leonard Riggio, founder and chairman of Barnes & Noble, has told the company’s board that he wants to make an offer for its retail business.
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