Mergers & Acquisitions

Thousand Oaks, Calif. -- Gourmet hot dog and burger concept Dog Haus will open its fifth franchise location in Thousand Oaks, California, on Feb. 21.

The Los Angeles-based brand is making its Ventura County debut at 50 East Thousand Oaks Blvd. in a former Denny’s space.  Franchisee owners are Paul Homayoun and Gina Candari; the Thousand Oaks unit will be Dog Haus’s eighth location.

RadioShack has received court approval for its plan to sell the leases to more than 1,100 stores that it will close by the end of February, according to Reuters.

Ann Inc. may be in talks with at least two potential buyers, according to a report this month from Bloomberg.

The $1.6 billion owner of the Ann Taylor and Loft women’s clothing stores said in an October regulatory filing it planned to review strategic options and that it is working with JPMorgan Chase & Co.

New York – Ann Inc., parent of Ann Taylor and Loft. is reportedly working with financial firm JPMorgan Chase & Co. on a potential sale. According to Bloomberg, the $1.6 billion Ann Inc. has spoken with other retail chains and at least two buyout firms and a private equity firm.

Fort Worth, Texas – RadioShack Corp. has received bankruptcy court approval to sell more than 1,100 stores it plans to close by the end of this month. According to Reuters, U.S. Bankruptcy Judge Brendan Shannon in Wilmington, Delaware, has officially approved the closing and auctioning of the stores.

Ann Inc. may be in talks with at least two potential buyers, according to a report this month from Bloomberg.

The $1.6 billion owner of the Ann Taylor and Loft women’s clothing stores said in an October regulatory filing it planned to review strategic options and that it is working with JPMorgan Chase & Co.

Montreal - Dollarama Inc. has named Elisa D. Garcia, executive VP and chief legal officer of Office Depot Inc., as an independent director and member of the Nominating and Governance Committee. Garcia’s appointment expands the corporation’s board of directors to 10 directors, seven of whom are independent.

Nordstrom is doing all the right things when it comes to store traffic, e-commerce and customer service, but it wasn’t enough for Wall Street in the fourth quarter.

Nordstrom’s same store sales grew 4.7% in the fourth quarter; online sales grew to now represent 40% of the store’s business. And just this month the company was ranked No. 1 in the United States in terms of customer service, according to the American Customer Satisfaction Index.