As its merger with The Kroger Cos. continues to face opposition from the United States government, Albertsons beat Wall Street estimates on earnings and revenues, as identical sales gained. Net income was $145.5 million, or 25 cents per diluted share, compared to...
As the founding family pursues a buy-out of the company, Nordstrom posted a deeper-than-expected loss in the first quarter, although sales surpassed Wall Street expectations. Nordstrom posted a net loss of $39 million, or 24 cents per diluted share, versus a net loss...
Dinnerware provider 10 Strawberry Street has acquired Global Amici, an importer and wholesaler of artisanal glassware and kitchen accessories. 10 Strawberry Street pointed out that the strategic acquisition marks a significant milestone in its growth trajectory,...
Evriholder Products LLC has acquired Base4 Ventures, a provider of value-oriented impulse products across a wide range of categories, including toy, beauty, outdoor living and general merchandise. Evriholder and Base4 will combine their resources, product ranges and...
iRobot and Amazon have announced that they have entered into a mutual agreement to terminate the acquisition agreement they originally signed on August 4, 2022, a move that triggers a $94 million termination payment from the retailer to the manufacturer. At the same...
