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Mergers & Acquisitions

  • Avon sets sights on global expansion with new hire

    NEW YORK — Avon Products appointed Brian Salsberg as SVP of global strategy, effective Sept. 23. Salsberg will report to Sheri McCoy, Avon's CEO, and will join the company's executive committee.

  • Plum Organics CEO joins Zarbee's Naturals board

    SALT LAKE CITY, Utah — Zarbee's Naturals has elected Neil Grimmer, co-founder and CEO of Plum Organics, to the company's board of directors.

    “Neil is a mastermind when it comes to developing ideas, products and brands, and we are thrilled that he is joining Zarbee's board of directors,” stated Zak Zarbock, founder of Zarbee's Naturals.

  • Mid-America brokers sale of St. Louis center

    St. Louis — Mid-America Real Estate Corporation’s Investment Sales team recently brokered the sale of the 112,300-sq.-ft. South Oaks Plaza located in St. Louis for $9.5 million to Phillips Edison-ARC Shopping Center REIT Inc. Shop’n Save, Walgreens and Michaels anchor the center.

    Mid-America

    and Pace Properties represented the seller, a private St. Louis based investment group.

     

  • Snyder's-Lance strengthens its national distribution network

    CHARLOTTE, N.C. — Snyder's-Lance has acquired all assets of Stateline Service Corporation, a snack food distributor in Massachusetts, as part of its growth initiative. 

  • Williams-Sonoma Q2 tops Street; expanding global footprint

    San Francisco -- Williams-Sonoma on Wednesday reported better-than-expected second-quarter profit amid same-strong sales. The retailer raised its full-year forecast, but its profit outlook still fell short of market expectations.

    The company also announced that it will expand its international presence, adding more stores in Australia and entering the United Kingdom later this year, and debuting in the Philippines in 2014.

  • The Sky’s the Limit for Nordstrom

    The New York press has been all abuzz over the latest news about Nordstrom’s new Manhattan digs – that the West 57th Street space is officially Nordstrom’s.    

  • Best Buy founder Schulze to sell part of company holdings

    Richfield, Minn. -- Best Buy Inc.’s founder and largest shareholder, Richard Schulze, plans to sell off an unspecified portion of his 20% stock holdings in the chain, according to a filing with the Securities and Exchange Commission.  

    The move is part of Schulze's “personal long-term strategy for asset diversification and liquidity,” according to the filing, which did not disclose the total number of shares expected to be effected by the sale.

  • Nordstrom rolling out more Topshop, Topman departments; national ad campaign in works

    Seattle -- Nordstrom is expanding its partnership with Britain’s fashion-forward women’s apparel brand, Topshop, as well its men’s unit, Topman. Beginning in September, Nordstrom will add 28 Topshop departments and eight Topman departments in stores across the country.

    As part of the expansion, Nordstrom and Topshop will partner on a national campaign.

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