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Brentwood Associates acquires majority stake in Sundance Catalog
Los Angeles -- Private equity firm Brentwood Associates has acquired a majority stake in Sundance Holdings Group ("Sundance Catalog").
Sundance Catalog, founded by Robert Redford in 1989 and headquartered in Salt Lake City, Utah, is a multichannel direct marketer and specialty retailer of women's apparel and accessories, jewelry and home furnishings. Selling shareholders, including ACI Capital and Webster Capital, will retain a minority ownership stake, and the business will remain under the leadership of current president and CEO Matey Erdos. -
REI to make Kansas debut with store in Overland Park
Seattle -- REI (Recreational Equipment, Inc.) said Tuesday it will make its state debut in Kansas in fall 2013, with a new store in Overland Park, Kan., a suburb of Kansas City.
The 23,500-sq.-ft. REI Overland Park will be located at Prairiefire at Lionsgate. Approximately 50-60 new hires are planned.