Skip to main content

FINANCE

  • Whole Foods Markets CEO expects Amazon deal to evolve the brand

    The ink is barely dry on Amazon’s acquisition of Whole Foods Markets, yet the natural grocer’s CEO implied that “big ideas” are already in the works.  
  • Lululemon in investment, partnership with cycling apparel startup

    lululemon athletica is thinking outside its core athleisure category.   
  • Target extends its investment in online retail disruptor

    Fast-growing mattress retailer Casper has closed on a new round of funding — with help from Target Corp.   
  • Amazon eyes messaging startup

    Amazon may be looking to bolster its enterprise services offering with an innovative addition.   Corporate chatroom startup Slack Technologies has received inquiries of late about a potential takeover from technology companies, including Amazon. The company is valued at approximately $9 billion, according to Bloomberg.  
  • Amazon buying Whole Foods Market

    In a blockbuster deal, online giant Amazon is acquiring Whole Foods Market in an all cash transaction valued at $13.7 billion, or $42 a share.    John Mackey, co-founder and CEO of Whole Foods, will remain CEO of the grocer after the deal closes. Stores will continue to operate under the Whole Foods banner, and the company's headquarters will remain in Austin, Texas.  
  • J. Crew clinches lender support to trim debt load

    J. Crew is entering into a deal that it expects will put it one step closer to improving its business.   The fashion retailer has won the support of more than 50% of its term loan holders to trim its $2 billion debt load and end intellectual property litigation. This was according to sources familiar with the situation, according to Reuters.  
  • Walmart doubling down on fashion with Bonobos acquisition

    Walmart is buying the hot men's clothing company Bonobos for $310 million in cash.    The move is in keeping with Walmart's recent efforts to beef up its online offerings and widen its appeal by buying digitally native brands that target millennials and younger consumers. Founded online in 2007, Bonobos has expanded its assortment over the years and has also opened 35 brick-and-mortar stores ("Guideshops"). It also has a partnership with Nordstrom.   
  • Commentary: Amazon-Whole Foods deal ‘potentially terrifying’ for other grocers

    The retail sector is used to change, but every so often an event occurs that shakes the industry to its core. Amazon's acquisition of Whole Foods is one of those.   On the surface, the purchase -- which comes with a $13.7 billion price tag -- is surprising. However, there is an inherent logic in the move which, in our view, brings benefits to both businesses.  
X
This ad will auto-close in 10 seconds