Mergers & Acquisitions

L Brands reported a better-than-expected first-quarter with gains across both its businesses as it prepares to spin off the brands into two separate companies. 

The spinoffs of L Brands’ two divisions are on track.

7-Eleven is selling 293 Speedway and 7-Eleven stores are part of a settlement with the Federal Trade Commission.

Delight Restaurant Group is expanding its footprint.

Pyramid Management Group this year announced plans to introduce residential developments across its 14-mall portfolio to increase traffic and activity and keep them viable.

A big roadblock has appeared in the sale of At Home Group to a private-equity company.  

Bojangles has added a seasoned supply chain leader to its management team.

Grupo Comercial Chedraui, the third largest retailer in Mexico, is expanding its footprint in the U.S. grocery space.

Casey’s General Stores has expanded its Midwest footprint.

PayPal is expanding its digital commerce focus beyond payments to the post-purchase experience.