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Gores Holdings Completes Acquisition of Twinkies Maker Hostess Brands
Nov 10, 2016Gores Holdings has completed the acquisition of US-based fresh baked sweet goods maker Hostess Brands. The combined company will be renamed as Hostess Brands and will trade on NASDAQ under the symbols TWNK and TWNKW, respectively. Gores ...
Tags: Gores Holdings, Twinkies
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Sainsbury's Completes Acquisition of Home Retail Group
Sep 7, 2016The supermarket is now set to open more Argos digital concessions in its stores. Sainsbury's has successfully completed its £1.4bn acquisition of Argos owner Home Retail Group. The supermarket is now set to open more Argos digital ...
Tags: Sainsbury's, acquisition, Home Retail Group
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C. Banner Details Plans to Open First Flagship Hamleys Store in Nanjing, China
Sep 6, 2016"We expect the addition of Hamleys brand will provide a great boost to enhance the company's overall brand value, image and exposure. C. Banner International has detailed its plans to open its first Hamleys flagship store in Nanjing, ...
Tags: C.Banner, Hamleys flagship store
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The Toy Store Eyes Fleet of UK Stores Despite Oxford Street Departure
Aug 25, 2016The retailer, owned by Dubai-based RM Retail group, opened a flagship store last September, however, it left the site at the end of June. The Toy Store has detailed its plans to open up to six UK stores, despite closing its Oxford Street ...
Tags: RM Retail, Oxford Street
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Sainsbury's CFO to Lead Home Retail Group Following £1.4bn Takeover
Jun 14, 2016The Group´s current chief executive John Walden is to step down following the £1.4bn deal. Sainsbury’s chief financial officer, John Rogers has been lined up to lead the Argos owner Home Retail Group once the takeover ...
Tags: Argos, takeover, the digital transformation
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Home Retail Backs Sainsbury's £1.4bn Takeover Bid or Argos
Apr 5, 2016The supermarket will now set about its mission to create a ' ulti-product, multi-channel' retailer with around 200 stores. Sainsbury’s has won the four-month battle to buy Argos after the Home Retail Group’s owner agreed to a ...
Tags: Argos, Home Retail, Sainsbury's
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Sainsbury's Confirms HRG Offer
Mar 23, 2016Sainsbury's has confirmed that it will proceed with its offer for Home Retail Group (HRG), owner of Argos, and is "pleased" by last Friday's turn of events, which saw rival bidder Steinhoff international abandon pursuit in favour of ...
Tags: Sainsbury's, HRG, Argos
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Macfarlane Launches Packaging Innovation Lab In UK
Mar 21, 2016Macfarlane Packaging, a UK-based distributor of protective packaging materials, has launched the new packaging innovation lab in order to help create bespoke, cost effective protective packaging solutions for customers. Located in ...
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Sainsbury's Reiterates Argos Offer As Steinhoff Withdraws
Mar 21, 2016Ahead of today's 5pm deadline, Steinhoff backed out of making a bid for Home Retail Group at the last minute, leaving Sainsbury's the likely purchaser or the Argos business. Sainsbury's share prices rose sharply, while Home Retail Group's ...
Tags: Sainsbury's, Withdraw, CITY AM, Home Retail Group
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Like-for-Likes Fall At Argos During Final Period
Mar 16, 2016Home Retail Group has issued a trading statement for the eight weeks to 27th February 2016, a turbulent time for the company given the imminent sale of Argos and Homebase (the latter now completed). Chief executive John Walden ...
Tags: Home Retail Group, Argos
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Camerons Brewery Announces Expansion Plans Following £30m HSBC Funding Package
Feb 14, 2016Camerons Brewery based in Hartlepool will grow its retail pub estate, including its Head of Steam managed brand, by acquiring 40 new pubs with a £30 million funding package from HSBC. Once the acquisitions complete, Camerons Brewery ...
Tags: Camerons Brewery, Funding Package
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Ascena Retail Group Has Updated Its Outlook for The Full Fiscal Ended July 25, 2015
Jul 15, 2015Ascena Retail Group has updated its outlook for the full fiscal ended July 25, 2015 and has said that its adjusted earnings per diluted share will rise between 22 and 25 per cent over its previous outlook. In a press release, Ascena added ...
Tags: apparel and clothing, apparel
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Ascena Retail Group and Ann Inc Entered Into a Definitive Merger Agreement
May 21, 2015Ascena Retail Group and Ann Inc entered into a definitive merger agreement under which Ascena will acquire Ann Inc for a combination of cash and stock in an accretive transaction. Upon closing, Ann Inc stockholders will receive $37.34 in ...
Tags: Ascena, Women's Apparel
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Income From Continuing Operations for The Q2 of Fiscal 2015 Ended January 24
Mar 11, 2015Income from continuing operations for the second quarter of fiscal 2015 ended January 24, 2015 at garment marketer, Ascena Retail Group, Inc. nosedived when compared with the year ago quarter. “Income from continuing operations for ...
Tags: Q2 Income, Ascena Retail Group, Apparel
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Fast-Moving Goods Grows Slowly
Feb 12, 2015Lower-tier cities will be focal point for expansion this year The fast-moving consumer goods market recorded slower growth last year, although momentum picked up in fourth-tier cities. The FMCG sector expanded 5.4 percent last year, ...
