News

August 23, 2023 SOUTHEASTERN GROCERS (SEG), parent company of Fresco y Más, Harveys Supermarket and Winn-Dixie grocery stores, announced on August 16 that it entered into definitive agreements with ALDI and Fresco Retail Group, LLC to effectuate a comprehensive strategic d ... Read more
Peyton Radford
August 16, 2023 In the CHRISTMAS TREE SHOPS, DIP case, the Companys remaining 49 stores were set to close on August 12, according to the Companys website. As of the petition date, the Debtors operated 82 stores in 20 states.  Click here to request the list of final closings. T ... Read more
Peyton Radford
August 9, 2023 CAMPING WORLD will acquire RV Arizona Consignment Specialists in El Mirage, AZ. The transaction established a platform and plan for a nationwide rollout of consignment-exclusive locations and integration into the Companys existing dealership locations with consignment sales. ... Read more
Peyton Radford
August 2, 2023 AMAZON and iROBOT agreed to amend the existing terms of their merger agreement to reflect a change to the price per share. Under the amended terms, Amazon will pay $51.75 per share, down from $61 per share previously. At the same time, iRobot entered into a $200 mi ... Read more
Peyton Radford
July 26, 2023 LIDL U.S. CEO Michal Lagunionek will step down in four weeks from the role that he has held since April 2021. Joel Rapoldt, partner and managing director at consulting firm AlixPartners, will replace Lagunionek, making him the fourth person to assume the top role si ... Read more
Peyton Radford
July 19, 2023 In the DAVIDS BRIDAL, DIP case, reports indicate the Court approved the going concern sale of the Davids Bridal business to Cion Investment Corporation, avoiding a liquidation. This follows our initial reporting that Cion was selected as the successful winner at an aucti ... Read more
Peyton Radford
July 12, 2023 Lidl will be closing five stores in four states, in each instance citing underperformance as the reason the locations are being shuttered. Stores in Short Pump and Charlottesville, VA, North Augusta, SC; Howell, NJ; and Thomasville, NC are all expected to close on or about July 16 ... Read more
Peyton Radford
July 5, 2023 Cardenas Markets, LLC has acquired El Rancho Supermercado, a Texas-based grocery chain with 28 locations; details were not disclosed. Cardenas plans to continue to operate the stores under the El Rancho banner, which joins its existing Cardenas (57 stores), Tonys Fresh Market (21), ... Read more
Peyton Radford
June 28, 2023 Deteriorating operations have forced Neiman Marcus to evaluate either a sale of its Bergdorf Goodman stores in New York City or possibly a disposition of the whole company, according to sources, who indicated that top executives plan to meet with prospective buyers for Bergdorf in ... Read more
Peyton Radford
June 21, 2023 Home Depot was notified that TRC Capital Investment Corporation made an unsolicited “mini-tender” offer to purchase up to 500,000 shares (less than 5% of total shares) of Home Depot’s common stock, at an offer price of $280 per share. This price is 4.5% lower tha ... Read more
Peyton Radford

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