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Retail dealmaking: Surviving and thriving in the middle
A recent stream of deals -- such as Sycamore Partners LLC's purchase of Talbots Inc., Ascena Retail Group Inc.'s acquisition of Charming Shoppes Inc., Golfsmith International Holdings Inc.'s sale to an investor group and the sale of Cost Plus Inc. to ...
A Print Focus Returns in Lane Bryant Campaign
Founded in New York in 1904 by a Lithuanian dressmaker, Lane Bryant was sold in May with its parent company, Charming Shoppes, to Ascena Retail Group for $890 million. Ms. Crystal said the new marketing strategy was in the works before the sale.
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$29M Grow NJ incentive tops list of projects on EDA board's agenda
The EDA also will consider removing 225 animal health jobs and adding a new project location to a previous BEIP agreement, worth $9.2 million, with drugmaker Pfizer Inc., as a result of the company's decision to form a separate business entity, which ...
Fashion Bug closing shops
Fashion Bug, a women's apparel and accessories chain with a long history in the region, will disappear from the retail landscape next year.
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Walmart Earnings 2Q 2012: Profits Rise As Store Doubles Down On Discounts
NEW YORK - Wal-Mart Stores Inc. reported a 5.7 percent increase in second-quarter net income and raised its outlook for the full year as the world's largest retailer continues to woo back frugal shoppers by re-emphasizing it has the lowest prices on ...
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American Eagle Outfitters sells 77kids assets
American Eagle Outfitters Inc. said it sold its 77kids business to a company founded by the former CEO of The Children's Place, another children's clothing retailer. Ezra Dabah acquired substantially all the assets of 77kids, including store assets, a ...
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Consumer Confidence? Bah! The Ladies Who Shop at Dress Barn Aren't Cowering
A short while back, I wrote that shares of Ann Inc., (ANN) owner of Ann Taylor stores, seem undervalued. Same goes, in an even bigger way, for Ascena Retail Group (ASNA). Oh, pardon me. You probably know Ascena by its old corporate name: Dress Barn.