Finance

Systemax to Buy CompUSA Brand, Stores
Jan 06, 2008
Dallas Computer manufacturer and seller Systemax Inc. said Sunday it has...
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Westfield Group to Invest in World Trade Center Retail
Jan 06, 2008
New York City Shopping center developer The Westfield Group announced in a...
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Finish Line Reports Wider 3Q Loss
Jan 03, 2008
Indianapolis The Finish Line Inc. reported a third-quarter loss of nearly...
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Pacific Sunwear to Shutter Demo Division
Jan 03, 2008
Anaheim, Calif. Pacific Sunwear of California Inc. said Friday it will...
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Retail Sector Hit Hard by Job Cuts
Jan 03, 2008
Washington, D.C. Employees at car dealerships, furniture stores, gas...
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Talbots to Close 78 Kids, Mens Stores
Jan 03, 2008
Hingham, Mass. Talbots Inc. said Friday it will close 78 kids' and mens'...
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University Launches Mobile-Payment Program for Nearby Merchants
Jan 03, 2008
Cincinnati University of Cincinnati students can now use their cell phones...
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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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