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Stories

May of 2009

 

Rate M&A partner on Toys 'R' Us-FAO Schwarz merger - The Daily Deal

Original at The Deal Blogs external link    Thu, May 28

The Daily Deal (subscription), NY Perhaps we'll be hearing about Macy's Inc. (NYSE:M) doing some dealmaking soon. It previously signed a deal to open 685 FAO Schwarz's in Macy's stores by 2010. That deal is void, and Macy's says it's disappointed. Macy's will have to replace the toy ...

Rate Department stores - The Daily Deal

Original at The Deal Blogs external link    Thu, May 14

Department stores The results reflect the gloomy retail environment, but also show that four years after paying $18 billion for rival May Department Stores Co., Macy's chief executive Terry Lundgren is still searching for the right mix of stores and strategy. ...

Rate Li & Fung raising $348M for acquisitions - The Daily Deal

Original at The Deal Blogs external link    Tue, May 5

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The Daily Deal (subscription), NY Last year, Li & Fung grabbed US handbag importer Van Zeeland Inc., which sells apparel to Macy's Inc. (NYSE:M) and JC Penny Co. (NYSE:JCP), for $330 million. Among some other buys, it also acquired the sourcing offices of Toys "R" Us Inc., ...

Source:  The Deal Blogs
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