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The lender group was already set to take over most of J.C. Penney’s real estate at the outset of the bankruptcy case, with a plan that would have involved spinning the properties into a real estate investment trust and selling the rest of the retailer to the highest bidder.September 10
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Losing Tiffany would be a rare setback for Bernard Renault, who built his empire through a string of acquisitions, amassing a conglomerate encompassing everything from Dior fashions to Dom Perignon Champagne.September 9
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"Pet humanization" makes pet suppliers, such as Pet Qwerks, valuable M&A targets during quarantine, according to Carl Marks' Chris Parisi.September 1
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Retailers have struggled during the coronavirus pandemic, as consumers lose jobs and the will to shop and dress up, with Brooks Brothers, J.C. Penney, J. Crew and Neiman Marcus declaring bankruptcy in 2020August 28
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Activewear has proved to be a relatively resilient corner of the retail sector as consumers largely remain house-bound due to the Covid-19 pandemicAugust 20
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Salter, who founded and runs Authentic Brands Group, has bought beaten up names like Forever 21, Lucky Brand Dungarees and Barneys New YorkAugust 14
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7-Eleven buys Marathon Petroleum's Speedway gas stations to expand in the U.S. Microsoft tries to save TikTok deal. Google invests in home security company ADT. More deal news from GTCR and Motorola.August 3
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The deal is the second-largest purchase of a U.S. target this year and the biggest yet for Seven & i, a retail giant with 69,000 stores worldwide including 7-Eleven outlets and Ito-Yokado supermarkets in Japan.August 3
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Sparc Group, which is backed by Barneys New York owner Authentic and mall landlord Simon, agreed to a $305 million bid in a court-supervised auction for Brooks Brothers’ global business operations.July 24
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Retailers, many already struggling with competition from online shopping, have been among the hardest hit by Covid-19. Lockdowns drained revenue, helping to tip companies including J.C. Penney Co., J. Crew Group Inc. and Neiman Marcus Group Inc. into bankruptcy.July 23
