New York, NY, 2017-Sep-28 — /EPR Retail News/ — Sycamore Partners today announced that John A. Lederer, former President and Chief Executive Officer of US Foods, has joined the firm as a Senior Advisor. In this capacity, he will serve as the Executive Chairman of the Board of Directors of Staples, Inc. and its newly formed…
FRAMINGHAM, Mass. & NEW YORK, 2017-Jul-04 — /EPR Retail News/ — Staples, Inc. (NASDAQ: SPLS or the “Company”) and Sycamore Partners, a leading private equity firm, today (June 29, 2017) announced that they have entered into a merger agreement in which investment funds managed by Sycamore Partners will acquire the Company in a transaction that…
NEW YORK and CHARLOTTE, N.C., 2015-12-14 — /EPR Retail News/ — Sycamore Partners today announced that it has completed its acquisition of Belk, Inc. ("Belk" or the "Company").
Stefan Kaluzny, Managing Director of Sycamore Partners, said, "We are excited to have completed this acquisition and to begin our partnership with Belk. The Company has developed a loyal…
Belk Stockholders to Receive $68.00 per share in cash
Tim Belk to remain CEO
Company headquarters to stay in Charlotte, N.C.
CHARLOTTE, N.C., 2015-8-24— /EPR Retail News/ — Belk, Inc., the nation's largest family owned and operated fashion department store company, today announced that it has entered into a definitive merger agreement whereby investment funds…
CHESAPEAKE, VA and NEW YORK, NY, 2015-6-1 — /EPR Retail News/ — Dollar Tree, Inc. (NASDAQ: DLTR), the nation's leading operator of discount variety stores selling everything for $1 or less, and Sycamore Partners, a private equity firm specializing in consumer and retail investments, today announced that they have entered into a definitive agreement pursuant to which Dollar…