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The AURELIUS Group to acquire Office Depot’s European business

BOCA RATON, Fla., 2016-Sep-26 — /EPR Retail News/ — Office Depot, Inc. (NASDAQ:ODP) today (September 23, 2016) announced that it intends to sell its European business to The AURELIUS Group. Office Depot had previously disclosed its intention to explore strategic alternatives regarding its European business, under a process that began earlier this year. “The sale of our…
September 26, 20160Comments

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Business Management Retail Retail Trade Consulting Retailer

Accenture to acquire leading global strategy consulting firm focused on the retail industry, Kurt Salmon

NEW YORK, 2016-Sep-23 — /EPR Retail News/ — Accenture (NYSE: ACN) has entered into an agreement to acquire Kurt Salmon, a leading global strategy consulting firm focused on the retail industry and a subsidiary of Management Consulting Group. The acquisition will expand Accenture Strategy’s capabilities in delivering end-to-end strategy consulting services to top retailers and private…
September 23, 20160Comments

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Business Financial Grocery Management PR Retail Retailer Vending

Lee’s Marketplace to acquire Day’s Market in Heber City

Lee’s Marketplace to acquire Day’s Market in Heber City   Logan, UT, 2016-Aug-26 — /EPR Retail News/ — Lee’s Marketplace is coming to Heber City. The locally owned grocer announced today (AUGUST 24, 2016) that it plans to purchase Day’s Market in Heber City and transition the store to a Lee’s Marketplace. The sale is expected to be finalized…
August 26, 20160Comments

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Business Convenience Stores Financial Management Marketing PR Retail Retailer Vending

Alimentation Couche-Tard Inc. to acquire CST Brands, Inc.

Laval, Québec, Canada, 2016-Aug-23 — /EPR Retail News/ — Alimentation Couche-Tard Inc. (TSX: ATD.A ATD.B), (“Couche-Tard”), today (August 22, 2016) announces a definitive merger agreement with CST Brands, Inc. (NYSE: CST) (“CST”) under which Couche-Tard would acquire CST in an all-cash transaction for US $48.53 per share, with a total enterprise value of approximately US $4.4…
August 23, 20160Comments

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Business Financial Grocery Marketing Online Retailers Online Shopping PR Retail Retail Software Retailer Technology Vending

Walmart to acquire Jet.com for approximately $3 billion

BENTONVILLE, Ark. and HOBOKEN, N.J., 2016-Aug-13 — /EPR Retail News/ — Wal-Mart Stores, Inc. and Jet.com, Inc. today announced they have entered into a definitive agreement for Walmart to acquire Jet for approximately $3 billion in cash, a portion of which will be paid over time. Additionally, $300 million of Walmart shares will be paid over…
August 13, 20160Comments

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G-III Apparel Group to acquire Donna Karan International (parent company of the Donna Karan and DKNY brands) from LVMH

New York, NY and Paris, 2016-Jul-27 — /EPR Retail News/ — G-III Apparel Group, Ltd. (NASDAQ:GIII), a leading designer, manufacturer and marketer of branded apparel and accessories, and LVMH Moët Hennessy Louis Vuitton (LVMH.PA), the world’s leading high quality products group, today announced that they have entered into a definitive agreement under which G-III will…
July 27, 20160Comments

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RioCan Real Estate Investment Trust to acquire Canada Pension Plan Investment Board’s (“CPPIB”) interest in four properties

TORONTO, ONTARIO, 2016-Jul-23 — /EPR Retail News/ — RioCan Real Estate Investment Trust ("RioCan") (TSX:REI.UN) today announced that it has entered into a firm agreement with Canada Pension Plan Investment Board's ("CPPIB") to acquire their interest in four properties that are currently co-owned, which is anticipated to close before the end of July 2016. RioCan will…
July 23, 20160Comments

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Kroger: Axium Pharmacy Holdings, Inc. to acquire the outstanding shares of Modern HC Holdings, Inc.

CINCINNATI and ORLANDO, Fla., 2016-Jul-21 — /EPR Retail News/ -- The Kroger Co. (NYSE: KR) today announced an agreement for Axium Pharmacy Holdings, Inc. ("Axium") to acquire the outstanding shares of Modern HC Holdings, Inc. ("ModernHEALTH"), a leading specialty pharmacy, to create a combined specialty pharmacy that will operate as a wholly-owned subsidiary of The Kroger…
July 21, 20160Comments

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SUPERVALU to acquire 22 Food Lion grocery stores that are being sold in connection with the merger between Ahold and Delhaize

MINNEAPOLIS, 2016-Jul-15 — /EPR Retail News/ — SUPERVALU INC. (NYSE:SVU) today announced it has entered into a definitive agreement to acquire 22 Food Lion grocery stores that are being sold in connection with the merger between Ahold and Delhaize. The 22 Food Lion stores are located in northern West Virginia, western Maryland, south central Pennsylvania and…
July 15, 20160Comments

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Business Consumer Services E-Commerce Management Marketing Merchant Services Online Retailers Online Shopping Retail Retail Software Retailer Technology

eBay to acquire Israel-based SalesPredict that uses advanced analytics to predict customer buying behavior and sales conversion

San Jose, California, 2016-Jul-13 — /EPR Retail News/ — Today eBay announced it will acquire SalesPredict, an Israel-based company that leverages advanced analytics to predict customer buying behavior and sales conversion. SalesPredict is eBay’s latest acquisition that will support its artificial intelligence, machine learning and data science efforts.  It follows eBay’s recent acquisition of Expertmaker, in…
July 13, 20160Comments

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