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Mergers & Acquisitions

  • Amazon in big restaurant push

    Amazon is upping its restaurant delivery program in a move to add some of the nation's best-known chains to its menu.   Olo, a New York-based food delivery service, announced that it is integrating Amazon Restaurants’ delivery service into its ordering platform. The collaboration potentially gives the online giant access to 200 restaurant brands, including Chipotle, Denny’s, Five Guys Burgers & Fries and Jamba Juice, among others.    

  • Report: Aerosoles exec to lead Walmart's online fashion team

    Walmart has tapped a retail veteran to bolster its foothold in its growing online fashion category.   Denise Incandela was named Walmart’s senior VP, fashion, effective October 2, 2017. She will lead the fashion businesses for Walmart.com, Jet.com, and Shoes.com, according to Fashion Network. In her new role, she will report to Walmart’s chief revenue officer Scott Hilton, the report said.  

  • Teen apparel retailer emerges from Chapter 11

    Rue21 is looking towards the future.    The retailer announced Friday that it has completed its financial restructuring and has emerged from bankruptcy. The chain filed for Chapter 11 bankruptcy protection in May 2017, listing $307 million in pre-petition assets. It filed a month after it said it would close 400 stores.   "We are pleased to be moving forward with rue21's next chapter of growth as a highly performing and distinctive retailer," said Melanie Cox, CEO of rue21.

  • How retailers can recoup funds with CAM Audits

    The continued popularity and development of town centers and lifestyle centers have made it clear that retailers can no longer go it alone. They must co-exist in a symbiotic live-work-play environment, and that means they must also co-exist with the different demands and cost structures of residential and office spaces.  

  • Tiffany & Co. names veteran retailer as chairman

    Tiffany & Co. has named Roger Farah as chairman, effective Oct. 2.    Farah, 64, joined Tiffany’s board in March 2017. He succeeds Michael J. Kowalski, who has served as chairman since 2002.   Kowalski, who served as CEO of Tiffany from 1999 until his retirement in March 2015, has been acting as interim CEO since February 2017. He will relinquish that title when the company’s newly appointed CEO, Alessandro Bogliolo, takes the reins in October.  

  • Amazon to embark on Big Apple hiring spree

    Amazon is about to put down some new roots in New York City — and is hunting for new employees to support the operation.  

  • Grocery giant to buy meal-kit company

    Albertsons Cos. has become the first national grocery retailer to acquire a prepared-meals company.   The nation's second largest supermarket chain is acquiring online meal company Plated in a deal that is expected to close later this month. The move taps into Americans' growing demand for meal delivery services and also shores up Albertsons' defenses against Amazon, which has become a key player in grocery with its acquisition of Whole Foods Market.    

  • Licensing agreement helps teen retailer expand into India

    American Eagle Outfitters is entering an emerging global retail market.   The teen retailer is preparing for its debut in India. American Eagle’s expansion will be supported through a multi-year license agreement with the Aditya Birla Group. The Indian conglomerate has an extensive retail portfolio, as well as strong digital and omnichannel capabilities.    The first stores are expected to open in Mumbai and Delhi in Spring 2018.  
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