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Mergers & Acquisitions

  • Tween and teen retailers remain financially vulnerable

    Apparel chains focused on tweens and teens are increasingly at risk of filing for bankruptcy protection.

    At least that’s the view of Michael McGrail, COO of Tiger Capital Group and a veteran retail liquidation and asset appraisal executive.

  • Gordon Brothers Group acquires inventory, fixed assets and IP of NapaStyle

    Boston -- Gordon Brothers Group announced that it has entered into an agreement with NapaStyle and its creditors to acquire the company’s assets, including intellectual property, inventory and furniture, fixtures and equipment.

    Founded by celebrity chef, Michael Chiarello, NapaStyle offers handcrafted and artisanal home goods, furniture and specialty foods for decorating, entertaining, cooking, wine, garden and home enthusiasts through store, online and catalog channels.

  • Analysis: Tween and teen retailers remain financially vulnerable

    Apparel chains focused on tweens and teens are increasingly at risk of filing for bankruptcy protection.

    At least that’s the view of Michael McGrail, COO of Tiger Capital Group and a veteran retail liquidation and asset appraisal executive.

  • Staples and Office Depot take another shot at FTC

    The CEOs of Staples and Office Depot penned a letter to customers which reveals the extent of their deteriorated relations with the Federal Trade Commission ahead of a hearing that begins March 21 that will determine whether the retailers are allowed to merge.

    In the letter, Staples chairman and CEO Ron Sargent and Office Depot chairman and CEO Roland Smith stop short of actually calling the FTC stupid, but that is the inference from more diplomatically worded prose.

  • Make-your-own pizza chain to make New York debut

    PizzaRev, a fast-casual pizza concept backed by Buffalo Wild Wings, announced its first locations in New York.

    New York is one of five new states that PizzaRev will enter this year, including Massachusetts, Nevada, Ohio, and Tennessee. The company will also make its international debut in Mexico shortly after opening in New York. There are currently more than 150 additional PizzaRev restaurants in various stages of development across the United States and Mexico.

  • Report: Google eyes e-commerce platform

    Google is reportedly looking to beef up its professional apps offering by purchasing a well-known provider of hosted online retail services. According to Re/Code, Google is considering purchasing Shopify. The Canadian provider of cloud-based e-commerce tools is a public company valued at $2.25 billion. [Re/Code]

  • Gordmans enters the world of omnichannel

    Gordmans Stores plans to open a new store next month in its hometown of Omaha in April, the first of five new units apparel and home décor retailer has planned for the year.

  • This retailer thinks 2016 could be a difficult year

    Cato Corp., just delivered its highest earnings in company history and sales topped $1 billion, but chairman, president and CEO John Cato said the road ahead could be rocky.

    Cato, operator of 1,372 stores in 32 states, said its fourth quarter sales increased 4% to $247.3 million and same-store sales increased 1%. Full year sales increased 2.4% to slightly exceed $1 billion, but the addition of 31 new stores was the primary driver of full year growth as same-store sales were flat.

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