M&A

South American retailer Cencosud has acquired a majority stake in U.S. grocery chain Fresh Market.

Beauty brand Madison Reed has raised $33 million in a new financing round.

The parent companies of JCPenney have made an offer to acquire department store retailer Kohl’s for a whopping $8.6 billion.

Amazon has committed $1 billion to a new venture investment program dubbed the Amazon Industrial Innovation Fund (AIIF).

Shopify is in talks to acquire e-commerce fulfillment company Deliverr in what would be Shopify’s biggest deal to date.

Athletic apparel retailer lululemon is launching a two-tier membership program as part of its newly announced growth plans.

Farfetch and Neiman Marcus Group (NMG) announced a global partnership, with Farfetch making a huge investment of up to $200 million into NMG.

Shein, a China-based fashion retailer, has been valued at more than $100 billion in a funding round.

Instant needs delivery company Gopuff is close to raising another $1 billion in funding. At the same time, it’s cutting jobs.

The Aaron’s Company, a technology-enabled, omnichannel provider of lease-to-own and retail purchase solutions, has acquired Brandsmart for $230 million.

Kohl’s is a hot target for a potential takeover and is asking its shareholders to look at the company’s current strategy and value ahead of an upcoming shareholder meeting.

Buyk, a Russian delivery startup with services in the U.S., has filed for bankruptcy following sanctions against Russia for its attack on Ukraine.