US FTC files lawsuit to block Tapestry-Capri’s $8.5bn merger
The US Federal Trade Commission (FTC) has taken legal action to prevent Tapestry's proposed $8.5bn acquisition of luxury fashion company…
23 Apr 2024
Kroger, Albertsons to divest 166 more stores to secure merger approval
Kroger and Albertsons have amended their store divestiture plan and agreed to sell 166 additional stores to C&S Wholesale Grocers. This move aims to address antitrust concerns and secure…
17 Apr 2024
7-Eleven closes acquisition of 204 US stores from Sunoco
Convenience store chain 7-Eleven has successfully closed the takeover of 204 US stores from independent fuel distributor Sunoco. The $1bn deal includes Stripes convenience stores and Laredo Taco Company restaurants…
16 Apr 2024
SpartanNash acquires US-based grocer Metcalfe’s Market
food solutions company SpartanNash has acquired US-based three-store grocery chain Metcalfe's Market for an undisclosed amount. The strategic move will see SpartanNash expand its presence in Wisconsin to seven stores,…
12 Apr 2024
Billy Reid acquires Knot Standard’s retail and DTC business
American fashion house Billy Reid has acquired the retail and online direct-to-consumer (DTC) division of premium made-to-measure company Knot Standard. The deal includes Knot Standard's eight stores including those in…
04 Apr 2024
Carousell acquires LuxLexicon to boost luxury bag resale
Carousell Group, a multi-category platform for second-hand goods in southeast Asia, has acquired Singapore luxury bag reseller LuxLexicon. The strategic move amplifies the growth of Carousell’s luxury category through an…
03 Apr 2024
Indigo accepts privatisation offer from Schwartz-controlled Trilogy
Canadian retailer Indigo Books & Music has agreed to be taken private after formalising an agreement with Trilogy Investments LP (TILP) and Trilogy Retail Holding Inc (TRHI). TILP and TRHI…