Mergers & Acquisitions

Amazon is wasting no time in leveraging its ownership of Whole Foods Market.   Amazon Fresh has made “hundreds" of new items from Whole Foods' house brands available online. Merchandise includes fancier fare and bath products from Whole Foods Market, staples from 365 Everyday Value, and pet foods from Whole Paws, according to CNBC.  

VEREIT’s Cole Credit Property trust has acquired a thriving, value-oriented Wichita-area center.   The 100,000-sq.-ft. Derby Marketplace in Derby, Kansas, features Ross Dress for Less, TJ Maxx, and Hobby Lobby. It is shadow-anchored by Target and Dillons Marketplace.   Mid-America Real Estate brokered the sale in cooperation with RH Johnson on behalf of the seller, a private developer.

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The nation's largest shopping center operator is suing Starbucks Corp. over its plan to shutter the retailer's 78 Teavana stores in Simon malls.   In a lawsuit filed Aug. 21, Simon Property Group said that Starbucks is breaching its leases by closing the Teavana stores and “shirking its contractual obligations at the expense of Simon’s shopping centers and the dozens of communities they serve and support,” reported the Indianapolis Business Journal.   

The nation's largest discount retailer of perfumes and specialty celebrity and designer fragrances has filed for bankruptcy protection with a goal of moving its business forward — and closing more stores.    

Amazon found a savvy way to remind customers that it now owns Whole Foods Market.  

The Finish Line's board on Monday adopted a shareholders right plan as the retailer warned of a grim second quarter and a steep decline in sales and profits for the year.    

JAB Holding Company, the Luxembourg-based private equity firm, continues to expand its U.S. portfolio at a rapid pace. The company has entered into an agreement to buy Bruegger’s Bagels from Le Duff America, the Dallas-based parent of la Madeleine French Bakery & Cafe. Terms of the transaction were not disclosed.  

Riverstone Capital Group has purchased the 43,199-sq.-ft. Shops at Lexington Circle in the Atlanta suburb of Peachtree City.   Anchored by a Sprouts Farmers Market and located on the West Highway 54 retail corridor, the property offered for sale by Mirabeland Investments and Concordia Properties was not on the market long, according to the deal’s broker.