by Mike Duff | Jun 3, 2024 | Retail Articles
As the founding family pursues a buy-out of the company, Nordstrom posted a deeper-than-expected loss in the first quarter, although sales surpassed Wall Street expectations. Nordstrom posted a net loss of $39 million, or 24 cents per diluted share, versus a net loss...
by Mike Duff | Mar 25, 2024 | Beverageware, Dinnerware, Home + Housewares, Serveware, Tableware
Dinnerware provider 10 Strawberry Street has acquired Global Amici, an importer and wholesaler of artisanal glassware and kitchen accessories. 10 Strawberry Street pointed out that the strategic acquisition marks a significant milestone in its growth trajectory,...
by Chandler Harvey | Feb 8, 2024 | Food Storage, Home + Housewares, Kitchen Tools & Gadgets, Kitchenware, Organization & Cleaning
Evriholder Products LLC has acquired Base4 Ventures, a provider of value-oriented impulse products across a wide range of categories, including toy, beauty, outdoor living and general merchandise. Evriholder and Base4 will combine their resources, product ranges and...
by Mike Duff | Jan 29, 2024 | Retail Articles
iRobot and Amazon have announced that they have entered into a mutual agreement to terminate the acquisition agreement they originally signed on August 4, 2022, a move that triggers a $94 million termination payment from the retailer to the manufacturer. At the same...
by Mike Duff | Oct 4, 2023 | Retail Articles
Instant Brands announced that, following a comprehensive sale process and competitive auction, the United States Bankruptcy Court for the Southern District of Texas approved the company’s pursuing the sale of its housewares and appliance businesses to affiliates of...
