US takes legal action against HPE’s Juniper acquisition
US Department of Justice Challenges HPE’s Juniper Acquisition The recent news of the US Department of Justice taking legal action against Hewlett Packard Enterprise’s (HPE) proposed $14 billion acquisition of Juniper has sent shockwaves through the tech industry. The DOJ…
Kroger’s Q3 ID Sales Edge Up, But Total Company Sales Down
The Kroger Co. recently released its financial results for the third quarter ended November 9, revealing a nuanced scenario where identical sales increased slightly, yet total company sales took a downturn. This decline can be largely attributed to an important…
Roche Bros. to Sell Controlling Interest to Wholesale Customer
In a significant development within the grocery retail industry, Roche Bros. Supermarkets, a renowned family-owned chain in Massachusetts, has announced the sale of a controlling interest to Bozzuto’s Inc., a prominent wholesaler. This transaction, which grants Bozzuto’s a 51% stake…
Ollie’s Acquires Former Big Lots Stores
In a strategic move to expand its footprint in the discount retail sector, Ollie’s Bargain Outlet Holdings Inc. has emerged victorious in a bankruptcy sale, acquiring seven former Big Lots Inc. store leases. This acquisition forms a part of the…
