M&A | Retail Leader

Kroger, Albertsons sell more than 400 stores to C&S Wholesale Grocers
In connection with its proposed merger, Kroger and Albertsons agreed to sell 413 stores — including Mariano's, QFC and Carrs brand names — eight distribution centers, two offices and five private label brands across 17 states and Washington, D.C., to C&S for approximately $1.9 billion.
The Body Shop’s owner sells Aesop to L'Oréal
Natura &Co, owner of The Body Shop and Avon, completed the sale of the Australian luxury cosmetics brand Aesop to L'Oréal for $2.58 billion.

M&A
Ann Taylor, Loft and Talbots organized into KnitWell Group
Private equity firm Sycamore Partners brought together Ann Taylor, Loft and Talbots — brands that generate more than $3 billion in annual sales — to form one of the largest U.S. specialty apparel holding companies.
M&A
Shein and Sparc Group partner in joint venture to reach new consumers
The partnership offers the opportunity to test Shein’s brand in Forever 21’s physical mall locations, and expand Forever 21’s online reach.
Retail News
Jimmy John's owner buys Subway for roughly $9.6 billion
Sandwich chain Subway is being sold to Roark Capital, ending more than 60 years of family ownership.
Retail News
New owners of Buy Buy Baby, Harmon to reopen more than a dozen stores
Dream on Me plans to bring back 11 Buy Buy Baby stores in the Northeast this fall, and Harmon’s new owner anticipates to reopen at least five stores.
Retail News
Aldi acquires Winn-Dixie and Harveys Supermarkets from Southeastern Grocers
Aldi will purchase approximately 400 Winn-Dixie and Harveys Supermarket stores as part of a larger divestiture of Southeastern Grocers.
Retail News
Casey’s to acquire 63 Minit Mart and Certified Oil c-stores from EG America
The deal adds locations to Casey’s footprint in Kentucky and Tennessee and marks the second acquisition Casey’s has made from EG America this year.
Retail News
Coach-owner to acquire Versace, Jimmy Choo and Michael Kors
Tapestry will purchase Capri Holdings establishing a U.S. powerhouse of six complementary, luxury fashion brands.
M&A
Maverik to acquire Kum & Go’s more than 400 stores
The acquisition of the family-owned chain of convenience stores will also include Solar Transport, a tank truck carrier and logistic provider.
M&A
Coborn’s expands with Sullivan’s Foods acquisition
The grocer will gain 17 properties in total, including nearly a dozen Sullivan’s Foods grocery stores in Illinois.
M&A
Sprouts Farmers Market acquires its only licensed stores
Sprouts Farmers Market said buying the two independently owned California stores would allow it complete control of the brand.
M&A
BP purchasing TravelCenters of America for $1.3 billion
TravelCenters of America said the offer was unsolicited and followed its quarters-long turnaround effort.
Retail News
Kum & Go owners reportedly consider sale
The c-store chain is owned by the Krause family, who founded the chain more than six decades ago.

Articles and content about retail mergers and acquisitions