Flash Report | July 25, 2016 Register for Free Access VERIZON (NYSE: VZ) TO ACQUIRE YAHOO (NASDAQ: YHOO) OPERATING BUSINESS FOR $4.8 BILLION IN CASHTelecom carrier Verizon this morning announced a deal to acquire Yahoo’s core Internet business, some intellectual property and real estate. The deal is expected to close in 1Q2017, after which Yahoo will change its name and become a publicly traded investment company. Read More
Flash Report | May 17, 2016 Register for Free Access Target (TGT) Names Mark Tritton as EVP and Chief Merchandising OfficerOn May 17, Target announced the hiring of Mark Tritton as EVP and Chief Merchandising Officer (CMO). Read More
Insight Report | May 4, 2016 Premium Under Armour (UA) Announces the Departure of Two Key ExecutivesHenry Stafford, Chief Merchandising Officer at Under Armour, will leave the company in July. Kip Fulks, Chief Marketing Officer, will assume the Chief Merchandising Officer responsibility on an interim basis. Read More
Flash Report | March 23, 2016 Register for Free Access Nordstrom (JWN) Names Private Tech-Company CEO Kumar Srinivasan as Chief Technology OfficerToday, Nordstrom announced that Kumar Srinivasan joined the company as Chief Technology Officer (CTO). Read More
Flash Report | February 12, 2016 Register for Free Access Victoria’s Secret CEO Sharen Jester Turney Abruptly Resigns; L Brands’ Chairman and CEO Les Wexner to Assume RoleToday, L Brands announced that Victoria’s Secret CEO Sharen Jester Turney has decided to resign. Read More
Flash Report | February 10, 2016 Register for Free Access CVS Health (CVS) 4Q15 Results: Strong Growth Aided by AcquisitionsCVS Health reported that 4Q15 net sales rose by 11.0% year over year, to $41.1 billion, slightly above the consensus estimate of $41.0 billion. Read More
Flash Report | December 9, 2015 Register for Free Access Westfield Corporation Divests Five US Shopping Centers for $1.1 BillionThe divested assets total more than 6 million square feet of retail space across four US states. Read More
Insight Report | November 20, 2015 Premium The Ahold-Delhaize Merger: Complementary Businesses with opportunities for growthAhold and Delhaize’s merger is expected to close in mid-2016 creating one of the largest food retailers in the US and a major player in Europe. Read More
Flash Report | October 28, 2015 Register for Free Access Walgreens to Acquire Rite Aid in $17.2 Billion DealTuesday, Oct. 27, after the market close, Walgreens Boots Alliance announced an agreement to acquire smaller drugstore chain Rite Aid for $9.4 billion in cash, offering $9 per share in cash, which represents a 48% premium to Rite Aid’s closing price of $6.08 on Monday.Including debt, the deal is valued at $17.2 billion, the company said. Read More
Flash Report | October 1, 2015 Register for Free Access China’s Meituan Agrees to $15 Billion Dianping MergerOn October 6, China’s two largest online-to-offline service providers agreed to a merger that would create the country’s biggest local-services platform. Read More
Flash Report | July 14, 2015 Register for Free Access Alibaba Announces Investment in Mei.com to Expand its Presence in LuxuryIn one day, Alibaba announced two investments, totaling at least US$300 million, that enable the company to accomplish two separate but significant goals: to move up the value chain to integrate luxury products and flash sales into its Tmall.com site and to continue its geographic expansion by increasing its investment in SingPost, the leading mail-delivery company in Singapore. Read More
Flash Report | July 13, 2015 Register for Free Access Alibaba Announces Investment, Agreements with SingPost to Expand its Presence in LogisticsIn one day, Alibaba announced two investments, totaling at least US$300 million, that enable the company to accomplish two separate but significant goals: to move up the value chain to integrate luxury products and flash sales into its Tmall.com site and to continue its geographic expansion by increasing its investment in SingPost, the leading mail-delivery company in Singapore. Read More
Flash Report | June 30, 2015 Register for Free Access Target Chief Merchandising and Supply Chain Officer Kathee Tesija to Move to Advisory RoleTarget announced that its Chief Merchandising and Supply Chain Officer, Kathryn “Kathee” Tesija, would step down after 30 years with the company, effective July 6. Tesija will remain in an advisory role with her current salary and bonus until next April. Read More
Flash Report | May 20, 2015 Register for Free Access Ascena Assimilates AnnThe week began with the announcement of Ascena’s agreement to buy Ann Inc. for $2.15 billion. Read More
Insight Report | May 6, 2015 Premium Unilever Acquires Kate SomervilleUnilever acquires prestige brand, Kate Somerville Skincare, and enters the dermocosmetic¹ segment of the skincare industry. Read More