Content about Investment

March 18, 2014

Sprouts Farmers Market Inc. has filed a Registration Statement on Form S-1 with the Securities and Exchange Commission in connection with the proposed sale in an underwritten offering of up to 15 million shares of its common stock by affiliates of Apollo Global Management LLC and certain other stockholders of the company.

March 14, 2014

In addition to wanting to efficiently find and purchase products, online shoppers also want to have fun.

March 7, 2014

Cerberus Capital Managament, which owns Albertsons, won the bid for Safeway.

March 6, 2014

Private-equity firm Cerberus Capital Management has reached a preliminary agreement to buy Safeway Inc. for over $9 million, the Wall Street Journal reported.

March 4, 2014

By most accounts, 2013 was a banner year for IPOs. According to Renaissance Capital, a total of 222 companies went public in 2013, marking the best year for the IPO market since 2000. As we predicted in a previous article in Chain Store Age, the retail and consumer products industry played a key role in this IPO activity, accounting for 19 offerings and $8.3 billion in proceeds. This marked a notable increase from the number of offerings seen in 2012 (15) and 2011 (12), according to Renaissance Capital.

February 27, 2014

Goldman-Sachs Group, sole underwriter of a $400 million bridge loan supporting Jos. A. Bank’s tentative acquisition of Eddie Bauer, is reportedly postponing the loan.

February 26, 2014

The National Retail Federation is officially recognizing the financial institution JPMorgan Chase & Co. for its decision to issue Europay, Mastercard and Visa (EMV)-compliant payment cards that require customers to enter a personal identification number, as well as store their personal data in an encrypted microchip.

February 19, 2014

F.J. Benjamin Holdings Inc., a developer and manager of retail brands including Gap, Banana Republic and Guess, in Asia, has deployed the traffic intelligence application from Tyco Retail Solutions.

February 7, 2014

Private equity firm KKR & Co. will acquire National Vision Inc. from Berkshire Partners.

January 8, 2014

Shoppers with registered devices and retailer mobile apps made more store visits during the 2013 holiday season than during the previous year’s holiday season.

December 27, 2013

Michaels Stores Inc., which has been privately held since 2006, is planning to launch an IPO in 2014.

December 23, 2013

Edens Investment Trust has closed a $1.47 billion equity transaction composed of the $718 million sale of a 29% equity stake in the company and a $750 million equity commitment from the company’s institutional investors.

December 20, 2013

The Jones Group has accepted a buyout offer of $15 per share in cash, or a total of approximately $1.2 billion, from private equity firm Sycamore Partners.

December 12, 2013

The recession took a major toll on the retail real estate sector but, despite waffling consumer confidence, the sector continues to improve. Retail now accounts for 19% of total U.S. investment volume year-to-date 2013.

December 5, 2013

Dollar General delivered some impressive financial results for the third quarter of fiscal 2013 as traffic improved and shoppers spent more per transaction on average.

November 20, 2013

Despite conventional industry wisdom, shoppers who use mobile devices for showrooming are almost twice as likely to purchase from the retailer in-store or online (38%) than buy elsewhere (21.6%).

November 19, 2013

Sprouts Farmers Market has commenced an underwritten public offering of 22.5 million shares of its common stock by affiliates of Apollo Global Management and certain other stockholders of the company. The underwriters of the offering will have the option to purchase up to an additional 3.375 million shares of common stock from the selling stockholders.

November 19, 2013

Two-thirds of shoppers will spend the same amount of money (54%) or more money (12%) than they did last year. A new Consumer Reports poll also reveals that 33% will spend less money, similar to the 37% who said the same when asked last year.

November 7, 2013

The Eminence Capital hedge fund has reportedly purchased a 9.8% stake in Men’s Wearhouse.

October 30, 2013

Nearly 90% of Americans repeatedly buy products retailers have on promotion, according to a new survey by Syngera, a global technology startup that uses big data to bring personalized digital experiences to the physical retail store.

October 23, 2013

Shoppers Drug Mart is teaming up with Beyond the Rack, the online shopping club, to provide Shoppers Optimum members with exclusive deals on designer fashions and accessories.

October 21, 2013

Almost seven-in-10 (66%) shoppers feel retailers will offer better prices and discounts this year due to the current state of the economy.

October 18, 2013

The board of directors of Safeway Inc. has increased the authorized level of the company's stock repurchase program by $2 billion.

October 17, 2013

Merlin Entertainments has reportedly broken ground on a new Legoland Discovery Center location at the 50-acre, mixed-use Assembly Row development in Somerville, Mass.

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