Mergers & Acquisitions
May 9, 2023 at 4:50 pm
Tempur Sealy International Inc announced on Tuesday it's buying retailer Mattress Firm in a cash-and-stock deal valued at about $4 billion, as the leading bedding maker looks to grow its business and stem a post-pandemic weakness in sales, reports CNBC. Mattress Firm, part-owned by Steinhoff International Holdings NV, is among the biggest bedding retailers in the U.S.,โฆ
May 4, 2023 at 5:17 pm
francescaโs, a nationwide chain of fashion and accessories boutiques based in Texas, acquired the 13-year-old digitally native brand Richer Poorer on Tuesday. Effective immediately, Richer Poorer is now a wholly owned subsidiary of Francescaโs. The terms of the deal weren't disclosed, but according to Andrew Clarke, CEO of francescaโs, the impetus was Richer Poorerโs experience withโฆ
May 4, 2023 at 12:20 pm
FullBeauty Brands, an omnichannel retailer of extended sizes and a pioneer in size-inclusive fashions, purchased plus-size fashion brand ELOQUII Inc. from Walmart in April. In this video, Editor-in-Chief Joe Keenan interviews FullBeauty Brands CEO Jim Fogarty about the acquisition, including how ELOQUII will be integrated into FullBeauty's current portfolio of brands as well as the newโฆ
April 25, 2023 at 12:05 pm
Walmart is selling online apparel brand ELOQUII to FullBeauty Brands, marking the retailerโs third divestiture of a direct-to-consumer brand this year. The big-box retailer sold Bonobos to WHP Global and Express earlier this month and offloaded Moosejaw to Dickโs Sporting Goods in February. The sales are a reversal of a 2017-18 strategy led by Marc Lore, Walmartโs former head of e-commerce. Walmart bought ELOQUII inโฆ
April 20, 2023 at 4:50 pm
Global dealmaking suffered a record fall during the second half of 2022, as rising interest rates, surging inflation, and the war in Ukraine brought a period of frenetic activity to an abrupt, if not surprising, close. According to data provider Refinitiv, mergers and acquisitions totaled $3.6 trillion worldwide in 2022, down 37 percent from 2021โsโฆ
April 5, 2023 at 4:28 pm
LโOrรฉal announced on Monday that it's buying the Australian luxury beauty brand Aฤsop for $2.5 billion. The agreement is between LโOrรฉal and Aฤsop's parent company, Natura &Co. Aฤsop currently operates around 400 stores across the Americas, Europe, Australia, New Zealand and Asia, with a nascent footprint in China. Launched in 1987, Aฤsop is known for its skin, hair andโฆ
March 27, 2023 at 6:05 pm
In this episode of Total Retail Talks, Editor-in-Chief Joe Keenan interviews Ariane Goldman, CEO of Hatch Collective, parent company of leading maternity brands HATCH, Motherhood Maternity, A Pea in the Pod, and Destination Maternity. In the conversation, Goldman discusses her entrepreneurial career journey (1:00), how the new Hatch Collective business is strategically combining four leadingโฆ
March 22, 2023 at 1:12 pm
Franchise Group Inc., which owns The Vitamin Shoppe, Pet Supplies Plus, and five other companies, received an unsolicited $1.05 billion acquisition offer Monday, the company reported. The offer, presented by an unknown buyer, is for $30 per share in cash. Franchise Group Inc. said its board of directors is carefully evaluating the proposal "to determine theโฆ
March 8, 2023 at 12:41 pm
WeightWatchers announced its plans to purchase Sequence, a subscription telehealth platform specializing in treatment for people with obesity. The acquisition will cost WeightWatchers $132 million and will be completed in the second quarter of the year, the company said in a press release Monday. Sequence, a startup that launched in 2021, gives patients the option toโฆ
February 22, 2023 at 4:18 pm
Dick's Sporting Goods is buying the outdoor retailer Moosejaw from Walmart for an undisclosed amount of money, Dick's announced Wednesday in a press release. Moosejaw was acquired by Walmart for a reported $51 million in 2017. It's mostly an e-commerce platform, but operates brick-and-mortar locations in Arkansas, Colorado, Illinois, Kansas and Missouri. Moosejaw will join Dick'sโฆ
