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Discount, Variety & General Merchandisers News

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31-45 of 1458 results
Mr Price expands retail network to Australia
By RBR Staff Writer
South African fashion-value retailer Mr Price is expanding its retail network to Australia with the opening of a new store at Melbourne Central.
Discount Retailers > Discount, Variety & General Merchandisers > News
TJX Companies to acquire off-price retailer Trade Secret for $58.4m
By RBR Staff Writer
Off-price retailer TJX Companies has agreed to acquire Australian retailer Trade Secret from Gazal Corporation in a AUD$80m ($58.4m) deal.
Discount Retailers > Discount, Variety & General Merchandisers > News
Lidl to build new London HQ, records £4bn in annual sales
By RBR Staff Writer
Discount retailer Lidl is building a new head office in London as it posted more than £4bn in annual sales.
Discount Retailers > Discount, Variety & General Merchandisers > News
Dollar Tree completes $8.5bn acquisition of Family Dollar Stores
By RBR Staff Writer
Discount variety stores operator Dollar Tree has completed the acquisition of Family Dollar Stores, in a previously announced cash-and-stock deal worth about $8.5bn.
Discount Retailers > Discount, Variety & General Merchandisers > News
FTC requires Dollar Tree and Family Dollar to divest 330 stores as condition of merger
By RBR Staff Writer
Discount retailers Dollar Tree and Family Dollar Stores have agreed to sell 330 Family Dollar stores to a private equity firm, Sycamore Partners, to settle Federal Trade Commission charges that Dollar Tree’s proposed $9.2bn acquisition of Family Dollar would likely be anticompetitive.
Discount Retailers > Discount, Variety & General Merchandisers > News
Lidl to invest $125m in US retail operations
By RBR Staff Writer
German retailer Lidl is planning to invest over $125m in its operations in the US state of North Carolina over the next three years.
Discount Retailers > Discount, Variety & General Merchandisers > News
Dollar Tree to divest 330 Family Dollar stores
By RBR Staff Writer
Discount variety stores operator Dollar Tree has agreed to divest its Family Dollar stores to private equity firm Sycamore Partners.
Discount Retailers > Discount, Variety & General Merchandisers > News
TPG scoops Poundworld for £150m
By RBR Staff Writer
US private equity firm TPG has acquired British variety retailer Poundworld in a deal valued around £150m.
Discount Retailers > Discount, Variety & General Merchandisers > News
British watchdog to launch probe over Poundland's acquisition deal of 99p Stores
By RBR Staff Writer
UK competition watchdog Competition and Markets Authority (CMA) will launch an in-depth investigation into Poundland's planned acquisition of 99p Stores.
Discount Retailers > Discount, Variety & General Merchandisers > News
Poundland generates £1bn in sales backed by new store openings
By RBR Staff Writer
British single price value retailer Poundland has generated over £1bn in annual sales during the 12 months ending 29 March, backed by solid store openings.
Discount Retailers > Discount, Variety & General Merchandisers > News
Dollarama quarterly profits up by 21%
By RBR Staff Writer
Canadian dollar store operator Dollarama has posted 21% increase in quarterly profit as it opens new stores, taking the number of stores to 955.
Discount Retailers > Discount, Variety & General Merchandisers > News
TPG reportedly eyeing Poundworld in £120m deal
By RBR Staff Writer
Discount retailer Poundworld is expected to be snapped up by American buyout firm TPG as the talks have reportedly reached an advanced level, say sources.
Discount Retailers > Discount, Variety & General Merchandisers > News
Poundland to buy rival 99p Stores for £55m
By RBR Staff Writer
British variety store retailer Poundland will acquire 99p Stores, a UK value general merchandise retailer in a £55m deal, as per a conditional sale and purchase agreement signed between the two.
Discount Retailers > Discount, Variety & General Merchandisers > News
Target calls it quits in Canada
By RBR Staff Writer
Target Corporation is bidding adieu to Canada by closing all of its 133 stores after two years of operations, putting more than 17, 000 jobs at risk.
Discount Retailers > Discount, Variety & General Merchandisers > News
Dollar Tree CEO loses patience in Family Dollar deal, demands shareholder vote
By RBR Staff Writer
Dollar Tree CEO Bob Sasser has lashed out at his Family Dollar counterpart over the delay in shareholder vote for the $8.5bn acquisition deal of Family Dollar, saying that any further delays are “unacceptable.”
Discount Retailers > Discount, Variety & General Merchandisers > News
31-45 of 1458 results