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Tag: Sale

Hotter Shoes owner to launch sale process

The private equity firm has appointed investment bank Stifel to run an auction next year, Sky News reports. It said a sale process would not get underway until Hotter Shoes had been able to resume more normal trading conditions, taking into account the impact of coronavirus on retail. Hotter Shoes’ CVA was given the green …

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The Paper Store Files For Chapter 11, Anticipates A Quick Sale

In its Chapter 11 bankruptcy filing on July 14, Paper Store LLC, known to consumers as The Paper Store, declared that “the sudden economic impact of the global COVID-19 pandemic derailed” the 86-store stationery and gift chain’s “optimistic prospects for the future.” Despite the pandemic-related store closings, The Paper Store, which operates in seven Northeastern …

The Paper Store Files For Chapter 11, Anticipates A Quick SaleRead More

In Bankruptcy Filing, Lucky Brand Proposes Sale To Authentic Brands And Simon Property Group

Lucky Brand has negotiated a two-pronged primary asset purchase agreement, also known as a “stalking horse” bid, to sell its operating assets to SPARC Group LLC (SPARC), a jointly owned entity of Authentic Brands Group (ABG) and mall owner Simon Property Group, and Lucky Brand’s intellectual property assets to ABG-Lucky LLC, a newly formed subsidiary …

In Bankruptcy Filing, Lucky Brand Proposes Sale To Authentic Brands And Simon Property GroupRead More

Walmart Reportedly Halts Asda Sale Amid COVID-19 Grocery Surge

Walmart is pausing the sale process of Asda so that the UK-based grocer can focus on managing the surge in grocery orders driven by the coronavirus (COVID-19) pandemic, according to a report from CNBC. The halt of the long-anticipated sale highlights the unprecedented landscape in which grocery stores are operating, with shoppers buying in bulk …

Walmart Reportedly Halts Asda Sale Amid COVID-19 Grocery SurgeRead More

FTC not wild about sale of Harry’s to parent company of rival

The Federal Trade Commission (FTC) sees competitive issues with a proposed acquisition of online shaving products retailer Harry’s Inc. The FTC is authorizing the Bureau of Competition to file suite to enjoin Edgewell Personal Care Company’s (Edgewell is the parent company of Schick’s) proposed $1.37 billion acquisition of what it says is Edgewell’s key competitor, …

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Future’s ‘sabse saste din’ sale to debut on Amazon, Retail News, ET Retail

NEW DELHI: Future Group’s ‘Sabse Saste Din’ sale, centred around Republic Day, will also feature on Amazon.in, reflecting a broadening of the alliance between the two sides, said two persons with knowledge of the matter. Items are offered at a discount during the sale that runs for five-six days at Future Group stores such as …

Future’s ‘sabse saste din’ sale to debut on Amazon, Retail News, ET RetailRead More

Myntra geared to handle 12000 orders per minute during the upcoming 4-day sale event, Retail News, ET Retail

New Delhi: Fashion e-commerce platform Myntra is prepared to handle 12,000 orders per minute during the upcoming four days ‘End Of Reason Sale,’ (EORS) event which starts from November 22 till November 25, said a top official of the company. The company also aims to service 18 million users during the sale period. “We have …

Myntra geared to handle 12000 orders per minute during the upcoming 4-day sale event, Retail News, ET RetailRead More

Snapdeal clocks over 50% of its condom sale from Tier 3 cities, Retail News, ET Retail

Bengaluru: Ecommerce marketplace Snapdeal said on Monday that nearly 56% of condom orders on its platform are coming from non-metros of the country. Mapping the revenue it earns from condom brands for National World Aids Day, Snapdeal announced that there has been a 30% increase in the sale of condoms from 2018. Eight out of …

Snapdeal clocks over 50% of its condom sale from Tier 3 cities, Retail News, ET RetailRead More

Brait to put New Look, Virgin Active and Iceland stakes up for sale | Business

The Iceland supermarket chain, gym group Virgin Active and a big stake in fashion chain New Look, are to be put up for sale by their South African owner as it attempts to cut its debts. The controlling stakes in Iceland and the Virgin gym business and the slice of New Look are owned by …

Brait to put New Look, Virgin Active and Iceland stakes up for sale | BusinessRead More

Good experiences for sale, along with goods, in John Lewis revamp | Business

John Lewis will this week unveil a radical new-look department store that has replaced selling space with “experience playgrounds” where shoppers can hone barista or pasta-making skills or hang out in a rooftop orchard and farm shop. If successful, the revamped Southampton shop – which opens on Tuesday – could provide a prototype for other …

Good experiences for sale, along with goods, in John Lewis revamp | BusinessRead More