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.
Here are the top deals of 2020, in the order in which they occurred, as reported by Chain Store Age.
Rent-A-Center makes $1.6 billion acquisition
QuickChek to be acquired by Murphy USA for $645 million
Home Depot in $8 billion deal to acquire national distributor
Ascena Retail selling Ann Taylor, Loft and other brands for $540 million
Timberland parent company to acquire Supreme for $2.1 billion
Casey’s in $580 million, 94-store acquisition
Dunkin’ Brands acquired in $11.3 billion deal
Walmart in $8.8 billion deal to sell Asda
Mall owners Simon and Brookfield to acquire J.C. Penney
Brooks Brothers to be acquired in $325 million deal that keeps some stores open
7-Eleven expanding store footprint with $21 billion acquisition of Speedway
Amazon to buy self-driving vehicle startup for reported $1.2 billion-plus
