Tag archive for ‘Retail acquisition news’
By businessnewstoday On Sunday, November 17th, 2019

Steinhoff to sell UK furniture retailing business to Alteri Investors

(adsbygoogle = window.adsbygoogle || []).push({}); European retail sector investor Alteri Investors has agreed to acquire Blue Group, the UK furniture retailing business of South African retail company More...

By Raghuram Kadari On Thursday, September 12th, 2019

Shopify to acquire US warehouse automation company 6 River Systems

Shopify acquisition of 6 River Systems : Canadian e-commerce company Shopify has agreed to acquire outstanding securities of US warehouse automation company 6 River Systems in a transaction valued at approximately More...

By Raghuram Kadari On Saturday, August 10th, 2019

Party City to divest Canadian business to Canadian Tire for $131m

Canadian Tire Corporation (CTC) has signed an agreement with Party City, a US-based retail chain of party stores, to purchase the latter’s Canadian business for C$174.4 million ($131 million). The acquisition More...

By businessnewstoday On Wednesday, July 24th, 2019

Casino Group to sell Indian Ocean retailer Vindemia to GBH for €219m

French retailer Casino Group has agreed to offload its subsidiary Vindemia, a major retailer in the Indian Ocean territories – Reunion Island, Mayotte, Madagascar, and Mauritius, to GBH for €219 million More...

By businessnewstoday On Friday, June 14th, 2019

Jackson Mitchell acquires supermarket chain Little Giant Farmer’s Market

Retail acquisition news : Jackson Mitchell Holdings, the parent company of Mitchell Grocery, has acquired supermarket chain Little Giant Farmers Market, which operates five grocery stores in Georgia, for an undisclosed More...

By businessnewstoday On Tuesday, January 1st, 2019

Michael Kors wraps up $2.1bn acquisition of Versace, changes name to Capri

Michael Kors acquisition of Versace : US-based luxury apparel retailer Michael Kors has renamed itself as Capri Holdings following the completion of a previously announced acquisition of Italian luxury fashion company More...

By Soujanya Ravi On Saturday, October 20th, 2018

Walmart snaps up online lingerie retailer Bare Necessities

Walmart acquisition of Bare Necessities : US retail giant Walmart has acquired Bare Necessities, an American online lingerie retailer for an undisclosed price  as per the latest retail acquisition news. Bare Necessities More...

By businessnewstoday On Sunday, August 26th, 2018

UK CMA begins phase 1 probe into Sainsbury’s acquisition of Asda

The UK Competition and Markets Authority (CMA) has started the first phase of a formal probe into the proposed Sainsbury’s acquisition of Asda from Walmart. Under its investigation, the British competition watchdog More...

By businessnewstoday On Wednesday, May 2nd, 2018

Sainsbury’s to merge with Asda to create largest supermarket chain in UK

Retail acquisition news : British retail giant Sainsbury’s has agreed to acquire rival UK supermarket chain Asda from Walmart in exchange of £2.975 billion in cash and a stake of 42% in the combined business. The More...

By businessnewstoday On Sunday, April 29th, 2018

Sainsbury’s in advanced discussions to acquire Asda from Walmart

Retail acquisition news : British supermarket company Sainsbury’s and Walmart-owned Asda Stores are reported to be in talks over a £10 billion merger deal in a move to create the largest UK supermarket chain. The More...