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May 23, 2013
Study: More Hispanic shoppers use mobile than general market shoppers

A study released Thursday by The Integer Group and M/A/R/C Research found that 16% of Hispanic shoppers are using their mobile devices to make purchases, compared to 12% of general market shoppers.

May 17, 2013
Brixmor names former Kimco COO as new president/CFO

New York -- Brixmor Property Group has appointed Michael V. Pappagallo as president and CFO, effective May 20.

Pappagallo will play an integral role in the execution of Brixmor's long-term business and capital markets strategy.  In addition, he will lead the company's finance and accounting teams, as well as have functional oversight of its property operations, information technology, acquisitions/dispositions and investor relations efforts.

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 2, 2013
Mother’s Day shoppers set spending limits

Shoppers are setting a budget for Mother’s Day spending this year, according to a new survey from PriceGrabber.

May 1, 2013
Sports Chalet taps Financial Profiles to be investor relations firm

Sport Chalet announced it has retained Financial Profiles as its investor relations firm.

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 26, 2013
Report: Goldman Sachs arranges $1.75 billion J.C. Penney loan

Goldman Sachs has put together a $1.75 billion financing package for J.C. Penney Co., with the loan backed by the retailer’s real estate and other assets, according to CNBC.

April 17, 2013
Stein Mart granted OK for continued Nasdaq listing

Stein Mart said Wednesday that it has been granted approval to continue its listing on the Nasdaq stock market while it works to secure full compliance with listing requirements.

April 12, 2013
WSJ: Hedge fund pressures Jones Group to sell parts of portfolio

A report by the Wall Street Journal said that hedge fund Barington Capital Group is pressing Jones Group Inc. to slim down by divesting parts of its portfolio.

April 10, 2013
Report: Ackman sticking with J.C. Penney

A Wednesday report by Women’s Wear Daily quoted activist investor Bill Ackman, whose Pershing Square Capital Management is the largest shareholder of J.C. Penney Co., as saying that he won’t abandon the retailer following this week’s CEO shake-up.

March 15, 2013
The Retail M&A Market: Trends for 2013

Mergers and acquisitions transaction activity in the U.S. retail sector jumped 39% in 2012 for deals greater than $50 million, while total deal value more than doubled. These gains point to an industry undergoing major changes, one that is attracting considerable interest from a wide range of players.

February 28, 2013
The Cellular Connection, Indianapolis

The Cellular Connection, the largest Verizon wireless retailer in the U.S., has unveiled a new design in its store in Indianapolis that will be incorporated into all its new stores moving forward.

February 19, 2013
OfficeMax, Office Depot reportedly discussing merger

Office Depot and OfficeMax are in talks to merge, according to reports by the Wall Street Journal and Bloomberg.

January 4, 2013
GGP’s warrants acquired by Brookfield affiliates

General Growth Properties said it was informed by Brookfield Asset Management that affiliates of Brookfield acquired the GGP warrants held by affiliates of Pershing Square Capital Management.

January 2, 2013
Two Best Buy directors resign

Two directors of Best Buy Co. have resigned from the board of the retailer, the company disclosed in a regulatory filing Monday, the Wall Street Journal reported.

December 6, 2012
Study: Most retailers offering mobile services for shoppers

The overwhelming majority of retailers offer some kind of service for mobile shoppers, and one national retail pharmacy chain was named among those leading the way, according to a new study.

December 4, 2012
Report: Private equity firm increases stake in DSW

Multiple reports on revealed that private equity firm Leonard Green & Partners disclosed in a regulatory filing that it has upped its stake in shoe retailer DSW Inc. to 1.3 million shares – or 3% of the company.

December 4, 2012
Staples survey: Shoppers delay holiday mailing until last minute

A survey by Staples of 1,000 American shoppers revealed that the majority tend to wait until the last minute to mail holiday gifts.

November 30, 2012
Walgreens opens Los Angeles flagship; store is chain’s 8,000th location

Walgreens on Saturday officially opened its 8,000th store nationwide and its first flagship on the West Coast.

November 27, 2012
Hedge fund adds former Home Depot, Staples execs to aid Office Depot fight

A Tuesday report by the Wall Street Journal said that activist hedge fund Starboard Value has added former Home Depot and Chrysler executive Robert Nardelli and ex-Staples vice chairman Joseph Vassalluzzo as advisors – part of Starboard’s plan to make sweeping changes at Office Depot Inc.

November 26, 2012
NRF: Holiday weekend spending up 13% to $59.1 billion

Retailers enjoyed a strong start to the holiday season as total spending in stores and online over the Thanksgiving weekend rose 13% to $59.1 billion from $52.4 billion, according to a survey by the National Retail Federation.

November 26, 2012
Versa Capital Management acquires Eastern Mountain Sports

Versa Capital Management, a Philadelphia-based private equity investment firm, has acquired Eastern Mountain Sports (EMS), effective immediately.

November 20, 2012
ICSC/Goldman Sachs survey: 41 million shoppers on Thanksgiving; 
80.5 million on Black Friday

Seventeen percent of consumers, or 41 million people, plan to take advantage of increased shopping hours on Thanksgiving hours to shop, according to the latest consumer holiday tracking survey by The International Council of Shopping Centers and Goldman Sachs.

November 14, 2012
Increased number of shoppers intend to spend more for holidays

A report released by the International Council of Shopping Centers and Goldman Sachs found that consumers are more willing to spend this holiday season.

October 30, 2012
Walgreens and Alliance Boots form JV

Walgreens said Tuesday it has formally set up a new company, jointly owned with Alliance Boots, as part of the strategic partnership’s synergy program.

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