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Retail industry
Whole Foods supplier United Natural buys Supervalu
United Natural Foods Inc. agreed to buy Supervalu Inc. for about $2.9 billion, in the latest consolidation in the grocery industry.
Opinion
Nike makes digital M&A plays to figure out which sneakers you like
Demitri Diakantonis
Assistant Managing Editor
Mergers & Acquisitions
Nike is buying Invertex and Zodiac to bolster its digital capabilities and better understand customers through analytics and imaging technology.
M&A daily wrap: Campbell Soup, Finish Line, Thoma Bravo, General Atlantic, BDO
Campbell, Strategic Dealmaker of the Year, led by Denise Morrison, completes Snyder's-Lance deal; Finish Line finds new home; General Atlantic hires.
GTCR and Sycamore Partners Buy CommerceHub in $1.1B Take-Private Deal
CommerceHub’s network helps retailers, like Walmart, BJ’s and Dick’s Sporting Goods increase e-commerce sales.
Nordstrom's spurned bid sends family scrambling
The founding family began their efforts to take Nordstrom's private in 2017.
Data
The weekly wrap: Albertsons, GI Partners, Rhone Capital
Albertsons merges with Rite Aid; GI Partners invests in another data center; Rhone Capital buys Fogo de Chão.
Rite Aid finds news buyer after failed Walgreens merger
The deals comes as online conglomerates such as Amazon continue to pressure retailers.
CD&R invests in American Greetings
Clayton, Dubilier & Rice is buying a majority stake in the card maker, which owns well-known brands, including American Greetings, Papyrus, Recycled Paper Greetings, Gibson, and Carlton Cards.
Sun Capital-backed FFO adds on bedding retailer Service Furniture
Sun Capital recently sold Aclara to Hubbell Power.
Opinion
Newell's accelerated transformation plan shows extent of retailers' struggles
Demitri Diakantonis
Assistant Managing Editor
Mergers & Acquisitions
Newell is going to look at selling more brands, such as Rawlings baseball gloves, as it struggles to adapt to the rapidly changing retail environment.
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