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Madison to acquire 51% stake of Forest City in NYC Portfolio for $1bn Madison International Realty has signed an agreement with Forest City Realty Trust to acquire the latter’s 51% stake in its retail portfolio in Manhattan, Brooklyn, Queens, the Bronx, Staten Island and Northern New Jersey, collectively called NYC Portfolio, for $1bn. General Retailers > Hypermarkets & Supermarkets > News
Madison to acquire 51% stake of Forest City in NYC Portfolio for $1bn By RBR Staff Writer
Madison International Realty has signed an agreement with Forest City Realty Trust to acquire the latter’s 51% stake in its retail portfolio in Manhattan, Brooklyn, Queens, the Bronx, Staten Island and Northern New Jersey, collectively called NYC Portfolio, for $1bn.
General Retailers > Hypermarkets & Supermarkets > News Walgreens gets regulatory approval to buy 1,932 Rite Aid stores for $4.375bn By RBR Staff Writer
Walgreens Boots Alliance, a drug store chain has secured regulatory clearance to buy 1,932 stores from Rite Aid for $4.375bn.
Specialist Retailers > Drug & Personal Care Stores > News Just For Pets to go into administration Just For Pets, a popular pet store chain in the UK, has filed a notice to appoint administrators, following losses over the last one year.
Discount Retailers > Discount, Variety & General Merchandisers > News
Amazon to open third Oregon fulfillment center in Portland Amazon.com says that it will open its third Oregon fulfillment center in Portland, a move that will create over 1,000 full-time positions.
News JD Sports acquires 15% stake in South Korean retailer JD Sports Fashion is set to enter into the South Korean market after it signed a joint venture agreement with Shoemarker that will see it invest in the Hot-T fascia brand.
Discount Retailers > Discount, Variety & General Merchandisers > News The Bon-Ton Stores to recruit 10,000 associates for holiday season The Bon-Ton Stores plans to recruit 10,000 associates for all its store locations to service customers during the busy holiday season.
General Retailers > Department Stores > News

Latest News and Insight by Sector

Discount Retailers

Just For Pets to go into administration
Just For Pets, a popular pet store chain in the UK, has filed a notice to appoint administrators, following losses over the last one year.
Discount Retailers > Discount, Variety & General Merchandisers > News
JD Sports acquires 15% stake in South Korean retailer
JD Sports Fashion is set to enter into the South Korean market after it signed a joint venture agreement with Shoemarker that will see it invest in the Hot-T fascia brand.
Discount Retailers > Discount, Variety & General Merchandisers > News

General Retailers

Madison to acquire 51% stake of Forest City in NYC Portfolio for $1bn
By RBR Staff Writer
Madison International Realty has signed an agreement with Forest City Realty Trust to acquire the latter’s 51% stake in its retail portfolio in Manhattan, Brooklyn, Queens, the Bronx, Staten Island and Northern New Jersey, collectively called NYC Portfolio, for $1bn.
General Retailers > Hypermarkets & Supermarkets > News
The Bon-Ton Stores to recruit 10,000 associates for holiday season
The Bon-Ton Stores plans to recruit 10,000 associates for all its store locations to service customers during the busy holiday season.
General Retailers > Department Stores > News

Specialist Retailers

Walgreens gets regulatory approval to buy 1,932 Rite Aid stores for $4.375bn
By RBR Staff Writer
Walgreens Boots Alliance, a drug store chain has secured regulatory clearance to buy 1,932 stores from Rite Aid for $4.375bn.
Specialist Retailers > Drug & Personal Care Stores > News
Western District of Pennsylvania court confirms rue21's plan of reorganization
The US Bankruptcy Court for the Western District of Pennsylvania (the "Court") has confirmed rue21's plan of reorganization, which clears the way for the company to emerge from the bankruptcy process after less than four months.
Specialist Retailers > Apparels, Accessories & Luxury Goods Retailers > News

Markets & Regulations

Amazon partners with UK government to test drone deliveries
By RBR Staff Writer
Online retail giant Amazon has entered into a partnership with UK Government to expand its testing of delivery drones.
News
Retail sector urged to have their say on how to close the gender pay gap
By FBR Staff Writer
Retail firms across the country are being called on to respond to a major Government consultation on how to close the gender pay gap.
Markets & Regulations > Markets > News

Retail Technology

DynamicAction partners with Accenture to drive forward retail industry with advanced analytics
DynamicAction, provider of the most advanced analytics solution specifically designed for retailers, has secured $15m in new funding and entered into an alliance relationship with Accenture.
Retail Technology > News
Shop Direct signs 10-year agreement with IBM
By RBR Staff Writer
British online retailer Shop Direct has partnered with IBM to accelerate its digital transformation by adopting a hybrid cloud model for enhanced flexibility.
News




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