je.st

Home › retailer

Tag: retailer

Activist investor asks furniture retailer Ethan Allen to consider sale

2015-08-14 19:21:12| Furniture - Topix.net

Aug 14 Activist investor Sandell Asset Management Corp said furniture retailer Ethan Allen Interiors Inc should consider selling itself to a private equity firm or monetize its real estate holdings. Sandell Asset, which owns about 5.5 percent of Ethan Allen's shares, said it was preparing to nominate a slate of directors to the company's board.

Tags: sale allen furniture investor

Travel retailer Lagardere set for US$530m Paradies takeover

2015-08-13 14:12:00| Daily beverage news and comment - from just-drinks.com

French travel retailer Lagardere has agreed a US$530m deal for North America-based Paradies in another show of consolidation in the sector.

Tags: set travel retailer takeover

New large retailer headed to North Charleston; another relocating beside it

2015-08-13 03:01:06| Furniture - Topix.net

Conn's appliance and home furnishings retailer plans to open in a newly built store near Tanger Outlets by next spring. Bulldozers continue to move earth near Tanger Outlets as two retailers have set sights on parcels beside the new Field & Stream store.

Tags: it large north headed

Alibaba buys 20% stake in offline retailer Suning

2015-08-10 13:03:00| Telecompaper Headlines

(Telecompaper) Alibaba Group announced the acquisition of a 20 percent stake in Suning, one of China's largest offline consumer retailers, for CNY 28.3 billion (USD 4.63 billion). After the closing the investment, Alibaba will be the second-largest shareholder in the company. As part of the deal, Suning will also buy CNY 14 billion new shares in Alibaba, giving a 1.1 percent stake in the e-commerce giant. The two companies agreed to work together to build synergies in e-commerce, logistics and incremental business through joint omni-channel initiatives. Under the collaboration, Suning will open a flagship store on Alibaba's Tmall.com platform, focusing on consumer electronics, home appliances and baby products. In logistics, Suning will become a partner of Cainiao, Alibaba's logistics affiliate, and Alibaba will gain access to Suning's nationwide logistics network covering over 90 percent of China's counties. The cooperation is expected to give Alibaba consumers outlets for a physical experience with products, while still being able to make orders and payments online and over mobile devices. They will also have access to after-sale services in Suning's over 1,600 retail stores in 289 cities across China and its over 3,000 after-sales service locations and 5,000 affiliate partners.

Tags: offline alibaba buys retailer