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Tag: private-equity

Rent-A-Center to sell itself, go private

A week after the rent-to-own retailer said it would go forward alone with a turnaround, it announced a nearly $1.4 billion deal with a private equity firm.

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Eddie Bauer names new president

The outdoor apparel brand was recently combined with surf retailer PacSun as private equity firm Golden Gate seeks operational efficiencies.






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Goldman Sachs’ investment in a gun retailer puts it in an awkward position

Goldman's private equity arm financed Bass Pro Shops' purchase of Cabela's, and that puts it in a awkward spot.






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Staples replaces Shira Goodman with Coca-Cola exec

J. Alexander “Sandy” Douglas steps into the top spot as private equity owner Sycamore Partners prepares for a new era.






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Next pens deal with Rockar to use excess store space as car showroom

Next has penned a deal with motoring retailer Rockar that would soon give people the change to shop for clothes and a new car within the same store. The new retail partnership would see the fashion retailer transform excess space within its stores into a Rockar-style, digital-experience car dealership stores. The first Rockar/Next collaboration is slated to open this spring within Next’s store at Arndale Shopping Centre, Manchester, although the specific car brand it would showcase has not yet been specified.






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Claire’s taps Lazard to deal with debt

The teen accessories retailer has struggled with a debt load since a leveraged buyout by private equity more than a decade ago. 






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Mexican fast-casual chain finds new owner

A private equity firm is getting into the Mexican restaurant business.






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Toys R Us lenders dig into owner payouts

The court approved a bonus plan for the bankrupt toy retailer's executives, and a group of creditors wants to know more about the company's financial relationship with private equity sponsors. 






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Oasis sales keeps stablemates Coast & Warehouse afloat

An uptick in sales and profit at womenswear retailer Oasis has allowed its parent company, which also owns Coast and Warehouse, to record a rise in like-for-like sales. For the year ending February 28, Oasis’ total sales was up 2.4 per cent to £160.1 million, and its EBITDA surged 36.8 per cent to £11.9 million.






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Rent-A-Center exploring a sale amid activist pressure

After reportedly spurning private equity offers this year, the rent-to-own retailer is again looking at a possible sale of the company.






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