Mergers & Acquisitions

Dick’s Sporting Goods is planning to close a number of Foot Locker stores now that its acquisition of the sneaker company is complete, the company said Tuesday when announcing fiscal third-quarter earnings, reports CNBC. The company declined to say how many Foot Locker stores would be impacted and whether the restructuring will include layoffs. As…

The parent company managing brands such as Harry's, Flamingo, Lume, and Mando announced that it has acquired Coterie, the rapidly growing premium direct-to-consumer baby care and diapering brand. It's unclear how much Mammoth Brands paid for Coterie, but Forbes reported the deal could value Coterie — a six-year-old brand — at over $1 billion. Coterie…

The ODP Corporation, which owns office supply retailers Office Depot and OfficeMax, agreed to be taken private by an affiliate of Atlas Holdings for approximately $1 billion, the companies said on Monday. Investment firm Atlas will pay $28 per share to buy ODP, which also owns ODP Business Solutions, representing a 34 percent premium to…

VF Corp has announced that it is selling its workwear brand Dickies for $600 million in cash to brand management company Bluestar Alliance. The deal comes as the apparel maker is undergoing a turnaround and navigating rising economic uncertainty. Dickies, which VF bought for about $820 million in 2017, has been facing persistent sales declines…

Books Inc. will live on — as a Barnes & Noble brand. The 174-year-old San Francisco-based bookstore chain, which filed for bankruptcy early this year, announced Wednesday a proposed sale to the category behemoth. The sale, which must be approved this fall by a bankruptcy court, is valued at $3.25 million. Books Inc. would keep…

Foot Locker shareholders voted to approve the footwear and apparel retailer’s acquisition by Dick’s Sporting Goods, which was announced in May. Shareholders voted at a special meeting held last Friday and approved the deal with 99 percent of the votes cast, representing 70 percent of all outstanding shares, voting in favor, Foot Locker said in…

U.S. undergarments maker Hanesbrands has been bought by Canadian firm Gildan Activewear in a $2.2 billion agreement, the companies announced Wednesday. Gildan, whose brands include Anvil, Gildan, American Apparel, Peds, and Gold Toe, will pay about $6 per Hanesbrands share. The companies said the transaction was valued at about $4.4 billion when HanesBrands' debt is…

Retail mergers and acquisitions (M&A) are waking up in the second half of 2025, setting the stage for a busy turn to 2026. The deal landscape reflects a new mix of optimism and caution. Inflation, Rates and Consumer Mood: The Big Variables Retail M&A has spent the past year dodging curveballs from inflation and fluctuating…

Amazon.com has announced plans to further invest in artificial intelligence with the purchase of a company called Bee that sells a Fitbit-like wristband equipped with AI and microphones, Bee's CEO and co-founder announced on social media Tuesday. Based in San Francisco, Bee advertises its wristband as "wearable AI that understands you." Retailing for $49.99 (plus…

The Home Depot announced Monday that it is buying GMS, a building products distributor, for about $4.3 billion as the retailer moves to draw more sales from contractors and other home professionals. As part of the deal, The Home Depot-owned subsidiary SRS Distribution will purchase all outstanding shares of GMS for $110 per share, which…