Mergers & Acquisitions
January 16, 2018 at 10:40 am
Grocery store chain Kroger is considering acquiring Boxed, a grocery wholesale delivery company. According to CNBC the potential deal, which arose as the New York-based startup was seeking funding, likely values Boxed at between $325 million and $500 million, said the person, who spoke on condition of anonymity. Boxed, which sells bulk staples like toilet paper…
January 2, 2018 at 1:24 pm
Amazon.com's recent acquisitions have redefined the retail landscape. However, according to a well-known industry analyst, its largest acquisition could happen in 2018. Loup Venture Co-Founder Gene Munster believes Amazon will acquire Target this year. “Target is the ideal offline partner for Amazon for two reasons, shared demographic and manageable but comprehensive store count,” Munster wrote in…
December 22, 2017 at 1:21 pm
What a year it has been for retail! As we count down the days to 2018, the Total Retail team has reflected on the biggest stories that shook up the industry. Below are just three of the top stories we've reported on. 1. Amazon.com's Acquisition of Whole Foods We can't talk about e-commerce or retail…
December 22, 2017 at 11:55 am
Home Depot is buying The Company Store, a home decor and textiles online retailer. The move is a way for the Atlanta-based home improvement giant to grow its online presence in an era when Amazon.com sells everything from soup to nuts — and bolts. The terms of the deal, which closed on Tuesday, weren't released. The acquisition…
December 20, 2017 at 6:13 pm
Party City announced that it has entered into an agreement to acquire the MG Novelty Corporation for approximately $5.5 million, which includes seven retail stores under the name “Party Galaxy” in the Oklahoma City metro area. MG Novelty Corporation reported total annual sales of approximately $9.0 million in 2016. “This immediately accretive acquisition provides us the…
December 13, 2017 at 1:44 pm
Target announced today it has agreed to acquire Shipt, Inc., an online same-day delivery platform, for $550 million in cash. The retail chain said it will use its network of stores and Shipt’s proprietary technology platform and network of more than 20,000 members to bring same-day delivery to customers across the country. Shipt differs from other…
December 7, 2017 at 1:05 pm
It has been six months since Amazon.com announced its plan to acquire Whole Foods Market, and along with it promised pricing rollbacks at the grocery chain. However, to date those price cuts have seemed few and far between. When NBC News took a deeper dive into the situation, it found 269 items with lower price…
December 6, 2017 at 11:47 am
You’ve built your retail business through hard work and great customer service, and business is booming. Now your mind has turned to all the possibilities for expansion and you’re wondering if acquisition is the best option for growth. Acquisition has proven to be a viable expansion strategy for a variety of businesses, with retailers frequently…
December 4, 2017 at 2:12 pm
CVS Health said on Sunday that it had agreed to buy Aetna for about $69 billion in a deal that would combine the drugstore giant with one of the biggest health insurers in the United States and has the potential to reshape the nation’s health care industry. The transaction, which has been rumored for a…
November 29, 2017 at 1:16 pm
New York & Company announced yesterday that it was the winning bidder in a recent bankruptcy auction for Fashion to Figure. The women's apparel chain agreed to purchase Fashion to Figure, a retailer of plus-size women's apparel, for a total of $2.4 million, including all fees and expenses. The New York Business Journal reports Fashion…
