Deals

New York — C. Wonder, which shuttered all its stores and filed Chapter 11 early this year, is getting a second chance—sort of.

Xcel Brands has entered into a definitive agreement to acquire the C. Wonder brand from Burch Acquisition LLC. The deal gives Xcel  the rights to thr C. Wonder trademarks, related designs and other intellectual property rights.

 The closing of the acquisition is subject to board approval

New York – Barnes & Noble Inc. will officially spin off its education unit on Aug. 2, 2015. Barnes & Noble shareholders will receive 0.632 shares of Barnes & Noble Education stock for each share of Barnes & Noble stock they hold as of July 27, 2015.

Barnes & Noble Education will function as a separate public company and trade under the symbol BNED on the New York Stock Exchange. Barnes & Noble will continue trading on the NYSE under the symbol BKS.

Grapevine, Texas – GameStop Corp. has completed a very geeky purchase. The video game chain has acquired 86% of outstanding shares of Geeknet Inc. in a tender offer that expired July 13, 2015.

GameStop Corp. purchased about 5.92 million shares for $20 per share in cash, or roughly $11.8 million. The retailer will make payment on July 17, 2015.

Birmingham, Ala. -- In a deal that may take it private again, Books-A-Million Inc. has given its OK to a buyout deal from the family of its original owners.

The chain reached an agreement to be acquired by a newly organized entity owned by the Anderson Family, which includes Books-A-Million executive chairman Clyde B. Anderson, for $21 million, or $3.25 a share in cash. (According to the most recent SEC filing, the Anderson family already owns 58.2% of the company).

Oak Brook, Ill. - Retail Properties of America Inc. (RPAI) is shuffling some executives as part of a strategic realignment of its operating platform geographically between the eastern and western regions of the country. Timothy Steffan, former senior VP, asset management and commercial leasing for Macerich's eastern region, has joined RPAI as divisional president – eastern region.

Boston – A three-level CityTarget store is a main feature of a new $315 million mixed-use development on Boylston Street in the Fenway neighborhood of Boston. The Samuels & Associates development also includes a 172-unit luxury apartment building and adjoining 11-story office tower.

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Plano, Texas - Rent-A-Center Inc. has sold 14 rent-to-own stores located in Alberta and Ontario, Canada to Canadian merchandise leasing company Easyhome Ltd. The transaction included Rent-a-Center concurrently purchasing three Easyhome rent-to-own stores located in Florida, Missouri and New York.

Chesapeake, Va. – Dollar Tree Inc. is not slowing down after finalizing its $8.5 billion acquisition of Family Dollar Stores Inc. last week. The retailer plans to open a 1.5 million-sq.-ft. distribution center in the vicinity of Spartanburg, South Carolina.