Mergers & Acquisitions

RadioShack has lost its CEO after he served only nine months on the job.

Ron Garriques has stepped down as chief executive of the consumer electronics chain in order “to pursue other interest in a role that will put him back closer to his family,”   the retailer said in a statement to the Fort Worth Star-Telegram. The company's CFO, Gordon Briscoe,  will serve as interim CEO until a replacement is found.

Delhaize Group’s Food Lion division is enjoying success with an extensive transformation initiative called “easy, fresh and affordable,” as it works to complete

San Antonio, Texas -- InvenTrust Properties Corp. announced that it has acquired Sonterra Village Shopping Center, a newly constructed, 42,492 sq. ft. shopping center located in San Antonio, Texas, for approximately $21.5 million.

Ahold USA on Wednesday announced net sales of $26.4 billion for the full year of 2015, an increase of 1.4%.

Ahold USA successfully converted the 25 acquired former A&P stores during the quarter. Identical sales excluding gas were up 1.6%, positively affected by competitor store closures in the New York Metro market. Market share for the fourth quarter and full year increased compared to last year, as the chain added a net 20 stores in 2015 to 788 locations.

Boston -- The Wilder Companies announced that Shelley M. Anderson has been named director of new business development, a newly created position for the company. Anderson will be responsible for developing retail real estate opportunities to expand the company’s portfolio of open-air centers throughout the eastern portion of the U.S. She will focus on existing center acquisitions, exploring joint venture opportunities with existing owners and growing the company’s burgeoning third-party services business.

Genesco has sold a subsidiary that sells apparel and equipment to schools and youth sports programs to a larger Texas-based competitor.

BSN SPORTS, a division of Varsity Brands and a direct marketer and distributor of sporting goods to the school and league markets, announced that it has acquired Lids Team Sports from the Lids Sports Group, a division of Genesco Inc.

When providing the BDO retail IPO outlook for 2015 at the beginning of this year, we asked: Will consumer businesses face a potential Alibaba hangover in 2015?

Staples is giving itself three more months before calling off its proposed $6.3 billion acquisition of Office Depot, giving the companies time to fight an antitrust lawsuit with the Federal Trade Commission.