Skip to main content

Mergers & Acquisitions

  • Brian Cornell named chairman and CEO at Target

    Retail and consumer products veteran Brian Cornell was named chairman and CEO at Target to fill two of the three roles previously held by the company’s former top executive Gregg Steinhafel.

  • Target names former Sam's Club exec as CEO

  • Horizon Group, CBL open shopping center in Kentucky

    Rosemont, Ill. - Horizon Group Properties Inc. and CBL & Associates Properties Inc. have opened The Outlet Shoppes of the Bluegrass, which opened fully leased with 90 stores and eateries. The Outlet Shoppes of the Bluegrass is the only outlet center in the state and is located between Louisville and Lexington on Interstate 64.

  • Belk promotes David Zant to president and chief merchandising officer

    Charlotte, N.C. -- Following the resignation of president and chief merchandising officer Kathryn Bufano to take the CEO slot at Bon-Ton, Belk has promoted David Zant as its replacement, effective Aug. 11.

    Zant, who will report to Tim Belk, chairman and CEO, has served as Belk’s executive VP and general merchandising manager of men’s, home and kids since 2008.

     

  • Cornell unlikely to be long-term Target solution

    Brian Cornell’s tenure as Target’s chairman and CEO begins on August 12. Don’t expect it to last long if his track record at other recent employers is any indication.
     
    Cornell brings to Target an impressive roster of C-level positions at big name companies — PepsiCo, Sam’s Club, Michael’s, Safeway — but the 55-year-old executive didn’t stick around for long at any of them.
     

  • Christopher & Banks appoints new SVP, general merchandise manager

    Christopher & Banks has appointed former National Stores executive Lynn C. Derry as SVP and general merchandise manager.

  • Susser Holdings to vote on Energy Transfer Partners purchase Aug. 28

    Corpus Christi, Texas -- Susser Holdings Corp. has set a date for a special meeting of its stockholders to consider and vote on the previously announced proposed acquisition of Susser Holdings by Energy Transfer Partners L.P. (ETP) and certain other matters. The special meeting will be held on Aug. 28, at Susser's corporate offices.

  • RadioShack investor urges lender repayment, says it will help

    New York -- A report by Bloomberg said that investor BlueCrest Capital Management is urging RadioShack to repay the lenders that are blocking plans to shutter stores.

    The electronics retailer announced last March that it would close 1,100 stores; it later reduced the number of closures to 200 per year for three years after negotiations with lenders failed.

    BlueCrest said it supported the company's decision to shut stores to stem losses and was willing to provide financing, Bloomberg said.
     

     

X
This ad will auto-close in 10 seconds