eCommerce

Top Retail Deals of 2020
Overall M&A activity in the retail sector was slower in 2020 than in previous years as retail companies focused on the many challenges and uncertainties brought on by the pandemic. But the year, particularly the latter half, still had its share of major transactions.
Timberland parent completes $2.1 billion acquisition
VF Corp. has added a hot streetwear brand with a devoted following to its portfolio.

Holiday sales up 6.8%, according to Customer Growth Partners

The holiday selling season finished strong, online and in-store.
L Brands in deal to open Victoria’s Secret, Bath & Body Works stores in Israel

Victoria’s Secret and Bath & Body Works stores will open in Israel, reportedly starting in the second half of 2021.
J.C. Penney CEO exits

J.C. Penney has started the search for a new chief executive.
Simon’s Taubman acquisition is made final

Simon Property Group’s purchase of 80% of Taubman Realty Group has been officially completed, according to a statement released by the Indianapolis-based company.
Target in $350 million deal to sell online beauty retailer Dermstore

Target Corp. is selling a high-end skincare and beauty retailer it acquired in 2013 to a fast-growing U.K. e-commerce company.
New manager named for Times Square and Atlantic Center properties in NYC

Madison International Realty has appointed Ehud Kupperman to oversee the 2 million-plus sq. ft. of tourist-based retail property it acquired from Forest City Realty Trust in New York City.
Done Deal: Ascena Retail sells Ann Taylor, other brands to Sycamore

Ascena Retail Group has completed the $540 million sale of Ann Taylor, Loft, Lane Bryant and Lou & Grey to Premium Apparel LLC, an affiliate of private equity firm Sycamore Partners.
Mastercard: ‘Extended’ holiday sales up 3%; home furnishings the big winner

Online spending drove holiday sales this year, fueled by strong performances from the home furnishings and home improvement category.

Top Retail Deals of 2020

Timberland parent completes $2.1 billion acquisition

Holiday sales up 6.8%, according to Customer Growth Partners

L Brands in deal to open Victoria’s Secret, Bath & Body Works stores in Israel

J.C. Penney CEO exits

Simon’s Taubman acquisition is made final

Target in $350 million deal to sell online beauty retailer Dermstore

New manager named for Times Square and Atlantic Center properties in NYC

Done Deal: Ascena Retail sells Ann Taylor, other brands to Sycamore

Mastercard: ‘Extended’ holiday sales up 3%; home furnishings the big winner