Mergers & Acquisitions
February 22, 2011
eBay is adding FedEx to the mail carriers it integrates with on its site. Sellers can now select FedEx Express and FedEx Ground services from the drop-down menu of shipping services when listing items on eBay.
February 22, 2011
Even though the number of store openings by major U.S. retail industry chains is expected to far outnumber the amount of store closings in 2011, both large and small retail chains will still be struggling to hold onto their domestic retail presence, keep stores open, and grow sales and turn a profit.
February 21, 2011
NASCAR is locking in its biggest ever retail promotion with the world's biggest retailer, with CNBC's Darren Rovell, and Brian Sozzi, Wall Street Strategies.
February 21, 2011
American Eagle Outfitters announced a campaign in partnership with FEED Projects to launch a new line available online and at its stores that will benefit the U.S. Fund for UNICEF. American Eagle is now offering FEED Guatemala bags in more than 400 of its stores across the country.
February 21, 2011
You can call Christian Siriano a lot of things, but lazy ain't one of them. The winner of season four of "Project Runway" has design projects with Puma, LG Lotus Phone, Bluefly, Victoria's Secret, Payless Shoes, and even Fierce Mamas.
February 21, 2011
Luxottica Group announced it's entered into an agreement in which it will acquire Stanza and High Tech, two sunglass speciality retail chains totaling more than 70 stores in Mexico.
February 21, 2011
Discount grocer Aldi has opened its first-ever New York City-area store in the borough of Queens. The store, which is located in Rego Park, marks the first of three grocery stores the company plans to open in New York, including new locations in the Bronx and Bay Shore, Long Island.
February 18, 2011
Brown Shoe Company said it's acquired privately held athletic shoe maker American Sporting Goods Corp. for $145 million. The acquisition broadens the reach of Brown Shoe, which makes Dr. Scholl's, LifeStride, Franco Sarto and other brands and operates Naturalizer and Famous Footwear stores.
February 18, 2011
Nordstrom announced it's entered into an agreement to acquire HauteLook. Nordstrom said the acquisition will enable it to participate in the fast-growing private sale marketplace and provide a platform to increase innovation and speed in the way it serves customers in all channels.
February 18, 2011
Apple has confirmed, and will make an internal announcement in the next month or so, that it's planning to open its largest-ever retail store in New York City's Grand Central Terminal.
