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Corporate Governance

  • Williams Sonoma to go big with new concept in Seattle

    Williams Sonoma will open the largest version yet of its new dual-concept format, which combines its traditional kitchen and food products with home furnishings.  

  • Private equity fund acquires specialty retailer

    West Marine Inc. is going private.   The retailer of boating gear, apparel and other waterlife-related products has agreed to be acquired by New York-based Monomoy Capital Partners for $12.97 per share. The deal has a total equity value of $338 million.  Following the close of the deal, West Marine will continue to be operated independently by the company's management team.  

  • Another grocer launches same-day delivery

    Regional supermarket operator Shnucks is the latest grocer to offer customers same-day delivery.

  • Specialty retailer steps up unified commerce efforts

    Vitamin World’s commerce and supply chain operations are undergoing a digital transformation.  

  • Report: Staples to be split into three units

    Sycamore Partners has a plan for its newest retail acquisition, Staples.   The private equity firm, which purchased the office supply giant for $6.9 billion on Wednesday, plans to divide the chain into three separately financed units: U.S. retail; Canadian retail; and corporate-supply businesses, reported The Wall Street Journal reported. The three units will all remain under the same corporate umbrella.  

  • Analyst: New deal is ‘good compromise’ for Walgreens, Rite Aid — if FTC allows it

    The news that Walgreens is to scrap its $9.4 billion merger with Rite Aid is unsurprising. The glacial pace of the Federal Trade Commission investigation and increasing signals that the federal government would disallow the merger have forced a rethink.  

  • Five takeaways about the new Walgreens-Rite Aid deal

    The drug store industry awoke Thursday morning to arguably the biggest story of the year — the news that Walgreens and Rite Aid had agreed to scrap their original merger agreement one more time, this time in favor of a much smaller, seemingly more manageable deal to purchase 2,186 Rite Aid stores for $5.18 billion in cash.    In the first several hours following the announcement of the deal, Chain Store Age sister publication, Drug Store News identified five important takeaways from the blockbuster agreement. 

  • C-store giant expands U.S. store footprint

    Alimentation Couche-Tard has closed on the biggest transaction in its history.    The Canadian company announced that it has completed its $4.4 billion acquisition of CST Brands. The deal will add approximately 1,300 stores to the Couche-Tard portfolio, including 666 locations in Texas.   
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