Mergers & Acquisitions

Beyond has agreed to acquire the rights of the BuyBuy Baby brand for $5 million. The owner of Bed Bath & Beyond said Monday that it has entered into an asset purchase agreement with BBBY Acquisition to acquire certain assets, databases, domains, intellectual property, vendor relationships, and content related to BuyBuy Baby. Beyond said the…

Galaxy Universal, which owns a number of athletic apparel and footwear brands, has acquired Reebok's U.S. operations and its design group. Sparc Group, which has been the operating partner for Reebok in the U.S. since 2021, announced the news in a press release last week that also shared the details of its merger with JCPenney.…

Jeans brand True Religion has been acquired by private equity firm ACON Investments and retail investment firm SB360 Capital Partners, according to a press release sent by ACON Tuesday. The terms of the deal weren't disclosed. The investment fund SB360 Capital Partners is chaired by Jay Schottenstein, American Eagle's CEO. True Religion's CEO Michael Buckley…

Big Lots has concluded its sale agreement with investment firm Gordon Brothers Retail Partners, securing the brand's future and several jobs, reports Yahoo Finance. The two parties entered into agreement for the deal late in 2024. This strategic move allows privately owned retailer Variety Wholesalers to take over numerous store outlets, ranging from 200 to…

Nordstrom announced on Monday that it will become a private company after it agreed to a buyout deal valued at roughly $6.25 billion from Nordstrom’s founding family and Mexican department store El Puerto de Liverpool. The company’s board of directors unanimously approved of the transaction, which is expected to close in the first half of…

Albertsons on Wednesday formally terminated its proposed $25 billion merger with Kroger and filed a lawsuit against its supermarket competitor, saying Kroger violated its contract and didn’t follow through on commitments to help get the deal approved. It comes a day after a judge blocked the planned merger. In a news release, Albertsons said Kroger broke…

Tractor Supply Company announced last week it would acquire the specialty online pet pharmacy Allivet, adding to its portfolio and expanding its benefits to its loyalty customers. The retailer, which specializes in farm, home improvement, and animals and includes products and services related to pets, horses and livestock, had already partnered with Allivet to offer…

Global mergers and acquisitions (M&A) are taking off, fueled, in part, by a surge in consumer deals. In the first half of 2024, global deal kickoffs on Datasite, which facilitates nearly 15,000 new deals annually, rose 17 percent, while consumer deal kickoffs shot up 35 percent globally in the first half of this year compared…

True Value, a 75-year old hardware store brand, has filed for bankruptcy and is selling substantially all of its operations to a rival, the company announced Monday. In a press release, True Value said it will continue day-to-day operations of selling hardware and other homeware tools to its 4,500 independently operated locations during the Chapter 11…

Tempur Sealy International said on Monday it plans to sell more than 100 stores in a bid to get regulatory approval for its $4 billion deal with Mattress Firm. Tempur Sealy's merger with Mattress Firm, which would create a combined business of about 3,000 stores globally, raised concerns about price hikes and job losses and…