Finance

Chico's Pulls Back on Inventory
Mar 04, 2008
Chico's FAS Inc. on Wednesday said it expects a difficult retail...
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Safeway May Shed Gift-Card Unit
Mar 04, 2008
Safeway Inc. CEO Steve Burd said he might sell or “monetize” part of its...
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Saks Profit Surges on Gain
Mar 04, 2008
Saks Inc. reported Wednesday that its fourth-quarter profit almost doubled...
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Tommy Hilfiger to Take Back Licenses
Mar 04, 2008
Collective Brands Inc. said Wednesday Tommy Hilfiger Group will bring its...
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Tweeter Gets Chapter 11 Extension
Mar 04, 2008
Tweeter Home Entertainment Group Inc. won four more months to control its...
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Gap Rethinks Marketing Plan
Mar 03, 2008
A disappointing fourth quarter is prompting Gap Inc. to abandon its spring...
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Houchens Acquires Cohen’s Fashion Optical
Mar 03, 2008
Houchens Industries Inc. completed the acquisition of Cohen’s Fashion...
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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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