British makeup and skin care retailer Revolution Beauty said on Wednesday it was exploring a sale after it received a preliminary takeover approach. The move comes days after the company said it was reviewing its...
Brazil’s antitrust body to approve Petz, Cobasi merger, local media reports
Brazil’s antitrust body Cade is set to approve this week, without restrictions, the merger of two retailers of products for pets, Cobasi and Petz, local news outlet Brazil Journal reported on Monday, citing...
Dick’s Sporting Goods closes in on deal to buy rival Foot Locker, WSJ reports
Dick’s Sporting Goods was nearing a deal to buy rival footwear retailer Foot Locker for about $2.3 billion, the Wall Street Journal reported on Wednesday, citing people familiar with the matter. The companies have...
Couche-Tard advances deal talks for Japan’s Seven & i with access to books
Alimentation Couche-Tard (ACT) and Japan’s Seven & I said they have signed a non-disclosure agreement (NDA) that will give the Canadian company access to the Japanese retailer’s financial data as it...
Decathlon plans to sell 30% stake in China business, Bloomberg News reports
French sporting goods retailer Decathlon has started a process to sell about 30% stake in its China business, with a deal potentially valuing the unit at about $1 billion or more, Bloomberg News reported on Tuesday. The...
Rite Aid Prepares to Sell Itself in Pieces for Second Bankruptcy
Rite Aid Corp. is running low on cash and preparing to sell itself in pieces as it heads toward its second bankruptcy, less than a year after the drug-store chain’s emergence from Chapter 11, according to people with...
Prada buys rival Versace for $1.38 billion to create Italian fashion powerhouse
Prada struck a deal on Thursday to buy smaller rival Versace from Capri Holdings for $1.375 billion, which includes its debt, in a move that unites two of the biggest names in Italian fashion. Prada is seeking to...
Couche-Tard, 7-Eleven face early hurdle on store divestiture plan
Convenience store chain giants Couche-Tard and Seven & i, who are taking steps to divest thousands of stores they collectively own in North America to ease regulatory concerns ahead of a potential merger, are faced...
Carrefour acquires convenience retailer Magne, to open more stores this year
French supermarket group Carrefour announced on Tuesday the acquisition of French convenience retailer Magne, which owns 101 stores in the south-east of France. Carrefour also plans to open 400 of its own convenience...
Reliance Industries transfers 100% stake in projects & property arm to Reliance Retail
Reliance Industries on Friday transferred its entire 100% stake in Reliance Projects & Property Management Services Ltd (RPPMSL) to Reliance Retail. With this transfer, RPPMSL has ceased to be a wholly owned...
South Africa’s Pepkor to buy Retailability adult clothing businesses
South Africa’s Pepkor said on Tuesday it will buy fashion businesses Legit, Swagga and Style and homewares brand Boardmans from privately owned retail group Retailability, as part of its expansion into the adult...
Fast-fashion retailer Forever 21 files for bankruptcy
Fast-fashion retailer Forever 21’s U.S. operating company on Sunday filed for Chapter 11 bankruptcy for the second time in six years, hamstrung by dwindling mall traffic and mounting competition from online...
