acquisition

Rite Aid Rejects Unsolicited $3.6 Billion Takeover Offer

Rite Aid has rejected a non-binding off-market proposal from Spear Point Capital Management to acquire the company for $3.6 billion. Spear Point…

Kohl’s Rejects Acquisition Offers, Creates Plan to Protect Against Hostile Takeovers

Kohl’s Board of Directors has rejected the acquisition offers from Sycamore Partners and Acacia Research, stating that “the valuations indicated in the…

American Eagle Hedges Against Supply Chain Challenges with $350M Acquisition

As issues in the supply chain continue to make headlines, American Eagle Outfitters (AEO) has bought its second logistics company in less…

Etsy Buying Spree Continues with $217M Acquisition of Brazil’s Elo7 Marketplace

Elo7’s de facto title as the “Etsy of Brazil” is set to become official, with Etsy announcing it will acquire the peer-to-peer…

Salsify and Alkemics Join Forces to Enhance Retailer-Brand Collaboration

Commerce experience management platform Salsify has acquired the supplier experience management platform Alkemics, creating a combined platform that will help enhance brands’…

PayPal Acquires Happy Returns

PayPal has acquired ecommerce returns solution Happy Returns as it continues to expand beyond payments, with the aim of becoming a “digital…

Luminate Capital Takes Controlling Stake in Frontline Worker Training Solution Axonify

Private equity firm Luminate Capital Partners has made a strategic growth investment in Axonify, a SaaS solution that offers remote training to…

Signet Expands into Jewelry Subscription Space with Acquisition of Rocksbox

Signet Jewelers — parent company of Kay, Zales, Jared and Piercing Pagoda — is expanding its digital offerings with the acquisition of…

Lightspeed POS Continues Global Expansion with Acquisition of Vend

Lightspeed POS, a provider of cloud-based, omnichannel commerce platforms, will acquire cloud-based retail management software company Vend for approximately $350 million. Lightspeed…

Amazon Quietly Buys Shopify Competitor Selz

Amazon has acquired Selz, an Australia-based company launched in 2013 that helps small businesses build out their ecommerce capabilities. While Amazon has…