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Mergers & Acquisitions

  • Clayton Lane retail portion mixed-use project under new ownership

    Denver -- OliverMcMillan in partnership with Invesco Real Estate has purchased the retail portion of Clayton Lane, a mixed-use center located in Denver. The retail project consists of more than 182,000 sq. ft. of retail in six buildings with underground parking.

    The property sits in the heart of Denver’s Cherry Creek North and is anchored by Crate & Barrel and Whole Foods Market. Feature retailers include Orvis, HW Home, North, White House | Black Market, Bose and more.

  • Phillips Edison hires VP, assistant general counsel

    Cincinnati -- Phillips Edison & Company it has appointed Theresa (“Terry”) Shea as VP, assistant general counsel. In her new role, Shea will work closely with the general counsel to provide legal advice to the Company concerning all aspects of its business.

  • Bryn & Dane’s three locations and counting

    Bryn and Dane’s announced it will be expanding from three to six locations in Pennsylvania within the next year. The new stores will be located in the Philadelphia Metro Area:

    • Bryn Mawr Village in Bryn Mawr, Pennsylvania; set to open summer 2016
    • Atwater South in Malvern, Pennsylvania; set to open fall 2016
    • The Franklin, 834 Chestnut Street, Philadelphia, Pennsylvania; set to open early 2017

  • Ollie’s owners ready to reduce interest in outlet chain

    The majority owner of Ollie’s Bargain Outlet is looking to reduce its stake in the company following a holiday season sales performance CEO Mark Butler characterized as thrilling.

  • DSW buying Ebuys Inc. in $62.5 million deal

    DSW is expanding its e-commerce capabilities with a deal to acquire Ebuys Inc., an online off-price footwear retailer with a presence in North America, Europe, Australia and Asia.

    DSW announced that the purchase price includes an upfront payment of $62.5 million as well as future payments contingent on the performance of Ebuys, Inc. The deal is expected to close within the next 30 days.

  • Jos. A Banks turns in troubling Q4 performance for Tailored Brands

    Tailored Brands, formerly Men’s Wearhouse, vowed more changes after its Jos. A Bank division logged a 31.9% decline in same store sales.

  • Veteran CPG executive joins BJ’s board

    The former head of global health and well-being at Procter & Gamble is the newest member of the board of directors at BJ’s Wholesale Club.
     

  • Tech Bytes: Three Reasons to Buy a Pure Play Retailer

    I previously wrote a column about the benefits opening physical stores can offer pure play online retailers. Inspired by the recent completion of the Hudson’s Bay-Gilt acquisition, this week I’d like to examine three instant advantages purchasing a pure play retailer can provide to brick-and-mortar chains.

    Instant Expertise

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