Regent, a Los Angeles-based investment firm with expertise in the retail and apparel sectors, has acquired Zulily, from Qurate Retail, the companies announced in a joint statement. Zulily was a wholly owned Qurate Retail subsidiary and the company noted that the...
The Kroger Co. and Albertsons Cos. have announced that they have entered into a definitive merger agreement a day after reports emerged about ongoing negotiations between the two companies. In a joint press release, the companies reported that the deal would merge two...
iRobot is on a new path after its acquisition by Amazon, one that suggests its now parent is becoming more interested in the potential of smart devices that make home life easier. The two companies have entered into a definitive merger agreement they announced under...
The Aaron’s Co., an omnichannel provider of lease-to-own and retail purchase operations posted second-quarter financials that are the first that incorporate results from BrandsMart U.S.A., acquired April 1. Aaron’s net loss was $5.3 million, or 17 cents per...
Kohl’s Corp. chief technology and supply chain officer Paul Gaffney is departing the company effective August 1, the company reported in a filing with the United States Securities and Exchange Commission, which added that Siobhán McFeeney had been promoted to chief...