Trying to take advantage of the interest in snack foods, Popcorn, Indiana, the Englewood, N.J.-based snack food company, is contemplating a sale or IPO.
RadioShack is making a strong bid to become the U.S.'s most troubled retailer, replacing the likes of J.C. Penney Co. JCP and Sears Holdings SHLD, as it reported dismal fourth quarter results Tuesday.
Caesars Entertainment Corp. on Monday sold four casinos, including three in Las Vegas, to provide a short-term cash infusion for the troubled operating unit.
Jos. A. Bank finally got its price on Monday when Men's Wearhouse sweetened its offer to $63.50 per share, making it more likely that a deal between the two competitors now gets done.
Green Mountain Coffee Roasters is selling nearly 16.7 million shares or a 10% stake in the company to the Coca-Cola for about $1.25 billion, the two beverage companies announced Wednesday after the market close.
As a result of Jos. A. Bank Clothiers' window-shopping Eddie Bauer, the outdoor clothing seller could also be an attractive target to a number of suitors, according to industry sources.
J.C. Penney Co. said Tuesday that comparable store sales for the fourth quarter were up about 2%, disappointing investors and sending the stock down more than 10% in afternoon trading to close at just above $5 per share.
After private equity came calling, the retailer tried to sell itself last fall.
Abercrombie & Fitch, the teen apparel retailer, said on Tuesday that it would split the offices of chairman and chief executive, as well as eliminate its poison pill.
Party City Holdco, the party supplies and costumes retailer formerly known as Party City Inc., filed for an initial public offering Tuesday, according to a regulatory filing.