Private equity firms are likely to buy retailer J. Crew Group for $43.50 a share or about $2.8 billion, though investors might balk at such a modest premium.
Continue reading Holiday Shopping Turns to M&A, …
Holiday sales this year are expected to start well before the traditional start of the shopping season — Black Friday, the day after Thanksgiving. Will the early sales rob activity from the week before Christmas?
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As retailers wrapped up their earnings reports this week, most said they’re back in cost-control mode and will tighten inventories after the holidays. Shoppers are still spending cautiously and costs are on the rise, so profits…
While it probably should have done this long ago, Amazon will now let you send an e-book to anyone, Kindle owner or not. The online retail giant’s move is aimed at undermining a similar one by rival Kobo — and shows how hard i…
On average, U.S. consumers will spend about 4% more on gift cards this upcoming holiday season than they did a year ago, as improving financial conditions allow people to spend a little more on presents, a new report predicts.
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