Skip to main content

Mergers & Acquisitions

  • Jet.com travels in new product direction

    Online retail marketplace Jet.com is making a big move in the home goods market.

    Jet.com is purchasing Omaha, Nebraska-based online home products retailer Hayneedle for an undisclosed sum. The sale was announced in tweets on the official Hayneedle Twitter account. In addition, Jet.com founder, chairman and CEO Marc Lore and Hayneedle president and CEO Jon Barker confirmed the acquisition in an interview with the Omaha World-Herald.

  • Ahold Delhaize petitions to add 'Royal' to its moniker post merger

    Ahold on Monday announced that the King of the Netherlands has honored its request to use the predicate “Koninklijke” (“Royal”) after its intended merger with Delhaize Group.

    Upon completion of the proposed merger, the statutory name of the combined company will be “Koninklijke Ahold Delhaize N.V.”

  • Target looks to Amazon for new logistics chief

    Target Corp. is hiring Arthur Valdez, a 16-year veteran of Amazon.com, as executive VP, chief supply chain and logistics officer.

    Valdez will lead Target’s supply chain transformation including planning, distribution and transportation. He will report to Target’s executive VP and COO John Mulligan.

  • Amazon in big supply deal with U.K. grocer Morrisons

    Amazon is about to launch its biggest venture into food outside of the United States.

    The online giant will deliver groceries to Amazon Prime Now and Amazon Pantry customers in the United Kingdom under a new wholesale supply deal it has struck with Morrisons, the U.K.’s fourth-largest supermarket chain.

    Under the arrangement, Morrisons will supply fresh, frozen and non-perishable goods to Amazon customers, starting later this year.

  • A sparkly fourth quarter for Signet Jewelers

    Signet Jewelers attracted large numbers of Christmas shoppers over the fourth quarter as the parent company of Zales, Kay and Jared posted a jump in same-store sales.

    The world's largest retailer of diamond jewelry reported that for the period ended Jan. 30, same-store sales increased 4.9%. Diluted earnings per share grew over 20%. Adjusted EPS increased over 18% and ahead of the guided range.

  • Starbucks to finally open in ultimate coffee market

    Photo: Starbucks CEO Howard Schultz at Milan’s Duomo Cathedral

  • Salt Lake City retail and entertainment center to undergo $30 million revitalization

    Salt Lake City -- Vestar, in a joint venture with funds managed by Oaktree Capital Management, announced that it has acquired a 623,205 sq. ft. open-air retail and entertainment center within The Gateway located in downtown Salt Lake City.

  • Macy’s details expansion plans, hints at real estate deals

    Macy’s is continuing its expansion into off-price and specialty retailing.

    On Tuesday, the department store retailer said it will expand its off-price Macy’s Backstage format in 2016, opening one freestanding location and 15 in-store locations in traditional Macy’s stores.

    On the specialty store front, Macy will open approximately 42 Bluemercury beauty stores, with 24 freestanding locations and 18 in-store shops in Macy’s stores.

  • GBT acquires land for new Sprouts Farmers Market location

    Dallas -- GBT Realty Corp. announced it has acquired 2.3 acres of the 12-acre retail site at Eldorado and Teel Parkways in Frisco, Texas on Feb. 16 from CMTEX, Inc. for $1.1 million. Sprouts Farmers Market will build its second store in Frisco, Texas on the site. To date, GBT has developed four locations in two states for the healthy grocer that offers fresh, natural and organic foods at great prices.

  • CBRE arranges sale of White Bear Marketplace

    Minneapolis -- CBRE’s Capital Markets Investment Properties Group announced it has arranged the sale of White Bear Marketplace, located in St. Paul Minnesota, on behalf of its client, Oppidan Investment Company. CBRE’s SVP Jim Leary and senior associate Jeff Budish represented Oppidan Investment Company in the transaction.

X
This ad will auto-close in 10 seconds