acquisitions

Bonobos

Walmart Adds Men’s Clothing Retailer Bonobos To Its Collection Of Online Businesses

When someone says “retailers of upscale men’s fashion,” you probably don’t picture Walmart. Yet the mega-retailer is adding menswear company Bonobos, which started online and now has boutiques in cities and in Nordstrom stores, to its collection of online brands. [More]

Mike Mozart

Petsmart Adopts Pet Supplies Site Chewy.com

Big-box pet supply store PetSmart is expanding its presence in your pet’s life and in its food dish, acquiring the popular online pet supplies vendor Chewy.com. [More]

1nelly

Bass Pro Shops Is Still Buying Cabela’s, But For Less Money

Since the $5.5 billion deal where Bass Pro Shops agreed to acquire Cabela’s was announced last October, a few things related to the deal have changed. Now the companies have announced that the deal is going forward, but at a price cut of $4 per share of Cabela’s, and the addition of a middleman in the sale of its credit card operations to Capital One. [More]

So Cal Metro and Sarah

Amazon Was Thinking About Buying Whole Foods: No, Really.

What do you get when you combine a flailing health food chain and an e-commerce giant that’s desperate to get into the grocery business? We could have found out, since Amazon was reportedly thinking about buying Whole Foods. [More]

Ryan Finnie

LeEco And Vizio Call Off Acquisition, Blame “Regulatory Headwinds”

Last year, the Chinese electronics company LeEco announced plans to acquire the popular television brand Vizio for around $2 billion. Today, the two companies said they’re calling the merger off, blaming “regulatory headwinds.” [More]

Waldo Jaquith

Dollar Express Chain Sells Out To Competitor Dollar General After 1.5 Years

Remember back in 2014, when two different retailers fought for the affections of Family Dollar? Dollar Express, the new retail chain born because federal regulators required the chains to sell off stores to preserve competition, has been acquired by competitor Dollar General. [More]

Beloved Indie Clothing Retailer ModCloth To Become Part Of…Walmart?

Beloved Indie Clothing Retailer ModCloth To Become Part Of…Walmart?

Many startups dream of being acquired by a deep-pocketed benefactor, but sometimes the brand reputations of the startup and of the new parent company don’t quite match up. For example, what does the quirky online retailer ModCloth have in common with Walmart? According to news reports, what they have in common is that Walmart subsidiary Jet has purchased ModCloth. [More]

Nicholas Eckhart

Walgreens & Rite Aid Willing To Unload More Stores On Fred’s To Make Merger Happen

Walgreens and Rite Aid want to merge and become the largest pharmacy chain in the country, and the Federal Trade Commission is the main obstacle in their path. That’s why Walgreens, the much larger partner in this merger, is preparing a new proposal for the regulators, which would include selling off more stores to what’s now a small regional chain. [More]

Jeepers Media

Sprint Reportedly Talking To White House About Possible Merger With Comcast Or T-Mobile

In recent weeks, President Trump has repeatedly mentioned promised investments and jobs from Sprint and its parent company Softbank. Now the wireless provider is reportedly hoping to eventually turn that goodwill — and the Trump administration’s light-touch approach to regulation — into a mega merger, possibly with T-Mobile, Comcast, or others. [More]

Coin

Fitbit Kills Off Its ‘Coin’ Payment Service; Devices To Become Useless When Batteries Die

Last year, wearable fitness tracker/fitness watch company made a surprising acquisition, buying the payment company Coin with no plan to continue its products. Instead, Fitbit planned to kill off Coin’s own product and integrate the company’s payment technology into its own wearable devices. Now the service will be shutting down next month, and Coin magnetic stripe devices will work for as long as their batteries last, or until your payment card number changes. [More]

Pebble

Fitbit Buying Smartwatch Maker Pebble’s Software, Hiring Engineers

Smartwatches and other wearables just haven’t caught on as much as the electronics industry assumed that they would. Pebble — a smartwatch company most famous for pre-selling its products on Kickstarter only to then make sure that Best Buy shoppers got their orders first — has confirmed that it is shutting down and selling off its various assets. You can now count Fitbit among the scavengers picking at Pebble’s bones. [More]

PRNewsFoto/PepsiCo

PepsiCo Announces Purchase Of Kombucha Company KeVita

For the second time today, a giant soda company has announced an acquisition of a smaller company that makes drinks that are a lot less sugary. Earlier today, it was Dr Pepper Snapple spending $1.7 billion on flavored water maker Bai Brands. Now comes news that PepsiCo is acquiring KeVita, a brand known for its kombucha offerings. [More]

Chinese Owner Of AMC Theaters Buying Dick Clark Productions For $1B

Chinese Owner Of AMC Theaters Buying Dick Clark Productions For $1B

As it was buzzed about, so it has come to pass: Chinese entertainment giant Dalian Wanda Group is buying Dick Clark Productions for $1 billion. [More]

Jeepers Media

Verizon Won’t Walk Away From Yahoo Deal, But May Want A Discount

Last week there were rumors swirling that Verizon was angling to get $1 billion off the $4.8 billion price it’s agreed to pay to buy Yahoo’s internet business. This week, the company’s CEO says there’s no way Verizon is going to leave Yahoo at the altar after its recent troubles, but that being said, there are some factors to consider when it comes to that final price. [More]

Spotify Is Reportedly Looking Into Buying SoundCloud

Spotify Is Reportedly Looking Into Buying SoundCloud

It looks like Spotify could be preparing to shore up its streaming music service amid competition in the digital field: according to a new report, Spotify is in advanced talks to buy SoundCloud. [More]

Report: Chinese Owner Of AMC Theatres In Talks To Acquire Dick Clark Productions

Report: Chinese Owner Of AMC Theatres In Talks To Acquire Dick Clark Productions

Chinese entertainment giant Wanda Group is reportedly in the mood for shopping, and it now has its eye on Dick Clark Productions, a company that owns far more than ABC’s New Year’s Eve programming. The transaction would give Wanda and its billionaire owner control of programs like the American Music Awards, Academy of Country Music Awards, the Golden Globe Awards, and the Miss America pageant. [More]

Unilever Looking To Buy Jessica Alba’s Honest Co. For Around $1 Billion

Unilever Looking To Buy Jessica Alba’s Honest Co. For Around $1 Billion

Unilever  — the company behind everything from Ben & Jerry’s to Vaseline, and who recently spent a billion dollars to buy the Dollar Shave Club — has reportedly gone shopping for yet another high-profile independent brand. This time its Honest Co., the line of household and personal care products co-founded by actress Jessica Alba.
[More]

RetailByRyan95

Steinhoff Announces “Successful Consummation” Of Cash Offer For Mattress Firm Stock

South African retailer Steinhoff and Mattress Firm are likely shopping for some new pajamas after announcing the “successful consummation” of a previously announced $64 per share cash tender offer for the U.S. company’s outstanding common stock. [More]