Goldman's private equity arm financed Bass Pro Shops' purchase of Cabela's, and that puts it in a awkward spot.
J. Alexander “Sandy” Douglas steps into the top spot as private equity owner Sycamore Partners prepares for a new era.
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.
The teen accessories retailer has struggled with a debt load since a leveraged buyout by private equity more than a decade ago.
A private equity firm is getting into the Mexican restaurant business.
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.
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.
After reportedly spurning private equity offers this year, the rent-to-own retailer is again looking at a possible sale of the company.
The struggling department store retailer is also in talks with private equity firm Sycamore Partners to potentially sell off assets, Bloomberg reports.
The retailer is reportedly exploring options for its growing Asian unit, which could include a spin off that would benefit Toys R Us' private equity owners, according to Bloomberg.