Content about Acquisition

May 10, 2013
Private equity firm TowerBrook Capital to acquire True Religion for $835 million

True Religion Apparel has entered into a definitive merger agreement with New York and London-based investment management firm TowerBrook Capital Partners, in a transaction valued at approximately $835 million.

May 10, 2013
Report: Canada’s YM to buy parent company of Mandee

Big M, owner of the Mandee, Annie Sez and Afaze apparel chains, will be sold to YM Inc., Toronto, in a $22.5 million deal expected to be approved by a bankruptcy judge next week, The Record reported.

May 7, 2013
Real Estate's 10 Under 40

In an era where brick-and-mortar retailers face increasing challenges from the Internet and a still slow recovery, they must rely on their real estate staff — particularly those under the age of 40 — more than ever before. These professionals, who bridge the "tried-and-true" methods of their mentors and the technology-driven next generation, are creating the stores, the shopping centers, the streets of today and tomorrow.

May 6, 2013
idX to acquire Impressions Marketing Group

idX Corporation, a leading manufacturer of consumer environments, has signed an agreement to acquire Impressions Marketing Group, Lorton, Va., a graphics, custom fixture and décor business.

May 3, 2013
A whole new take on an old mall has a Colorado community celebrating

With the breathtaking Twin Peaks of the Colorado Rockies as backdrop, a new project underway in Longmont, Colo., is leveraging both the views and community demand to create a “top drawer outdoor village experience,” said Allen Ginsborg, managing director and principal of NewMark Merrill Mountain States, based in Fort Collins, Colo.

April 26, 2013
George Soros takes 7.9% stake in J.C. Penney

Giving a much-needed boost to J.C. Penney Co., George Soros’ Soros Fund Management bought 17.4 million shares of the troubled retailer, according to a filing with the Securities and Exchange Commission.

April 25, 2013
S&S sells Sunoco portfolio for $32 million to Cole Real Estate

S&S Enterprises said it has sold a portfolio of 12 Sunoco fuel centers and convenience stores in central and southeast Florida for $32 million to entities managed by Cole Real Estate Investments.

April 17, 2013
Macy’s wins temporary ban against some J.C. Penney Martha Stewart sales

The latest round in the battle between Macy’s and J.C. Penney over the sale of Martha Stewart goods went to Macy’s, which on Monday challenged a judge’s decision on Friday to allow certain non-branded Martha Steward items to be sold — at least temporarily — in J.C. Penney stores under the JCP Everyday label.

March 29, 2013
Amazon acquiring Goodreads

Amazon.com announced that it has agreed to acquire social site Goodreads, an online book recommendation community that has more than 16 millions around the globe.

March 15, 2013
Adding Context

Expect no prophesying about the death of enclosed malls. The format is alive and well, and there are countless examples of thriving under-roof shopping centers around the country.

Still, there is no question that the open-air format has stolen mall thunder.

March 14, 2013
Target buys two online kitchenware chains

Target Corp. has made two e-commerce acquisitions aimed at expanding its presence in the growing cooking and kitchenware market.

March 7, 2013
Sycamore Partners to acquire Hot Topic for $600 million

Hot Topic announced it has agreed to be acquired by New York-based private equity firm Sycamore Partners for $14.00 per share in cash, or a total of approximately $600 million.

March 5, 2013
J.C. Penney’s problems mount

J.C. Penney Co. last Tuesday dominated the retail news as its shares dropped 10.6% to a four-year low after reports that one of its largest shareholders had sold a chunk of the troubled company’s stock.

March 1, 2013
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.

February 6, 2013
CVS Q4 profit up 6%; acquires Brazilian-based chain

CVS Caremark executives expressed optimism Wednesday morning as the company posted record fourth-quarter results and raised its 2013 guidance.

February 4, 2013
Oracle to buy Acme Packet for $1.7 billion

Oracle Corp. said it has agreed to buy Acme Packet for $29.25 per share or approximately $1.7 billion, net of Acme Packet’s cash.

January 10, 2013
CBL acquires interest in Kirkwood Mall

Chattanooga, Tenn.-based CBL & Associates Properties announced that it plans to acquire Kirkwood Mall, located in Bismarck, N.D., from Radiant Partners.

January 8, 2013
Glimcher acquires University Park Village for $105 million

Columbus, Ohio-based Glimcher Realty Trust announced Monday the acquisition of University Park Village, an open-air center located in Fort Worth, Texas.

January 8, 2013
Macy's Terry Lundgren joins P&G Board

Procter & Gamble named Macy’s chairman, president and CEO Terry Lundgren as the newest member of its board of directors.

January 3, 2013
7-Eleven acquires 143 locations in South Texas

7-Eleven announced that it has acquired 143 Speedy Stop and Tigermarket retail locations from C. L. Thomas, of Victoria, Texas.

December 27, 2012
Ollie’s Bargain Outlet

At the back of the new Ollie’s Bargain Outlet in Reading, Pa., is a self-serve café setup with a sign that proclaims: “The Pot’s Always On. Have a free cup of coffee on us, and if you like, use two sugars … it’s been a pretty good year!”

From the sounds of things, there hasn’t been a bad year since the first Ollie’s opened in Mechanicsburg, Pa., in 1982.

December 27, 2012
Retail’s Power Players

Some are merchants, with long careers in brick-and-mortar stores. Others are tech trailblazers, using new media to match merchandise and buyers. Others are influencing retail in less direct, but no less significant, ways. All share an ability to create new opportunities and, in their own way, are looking to reinvent the shopping experience. And all wield a great deal of influence in today’s complex retail landscape.

December 21, 2012
TJX purchases off-price online retailer Sierra Trading Post for $200 million

The TJX Cos. said it has acquired Sierra Trading Post, an off-price Internet retailer based in Cheyenne, Wyoming, for approximately $200 million in cash.

December 13, 2012
Walmart considering acquiring stake in Turkish retailer

A report by the Financial Times said that Wal-Mart Stores Inc. is in discussions with Turkish retailer Migros Ticaret AS to acquire an 80% stake in the company from London-based private equity group BC Partners.

December 7, 2012
Reports: CVS Caremark interested in buying drugstore chain in Brazil

CVS Caremark is reportedly looking to expand outside of the United States by acquiring Onofre, the eighth-largest pharmacy chain in Brazil, according to published reports.

© 2013