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Doubling Down on Retail

JD Supra: Mergers

With vacancy rates somewhat stable across the state, retail, residential, and other commercial functions are blending together, driven by consumer demand for convenience and offerings beyond traditional shopping. While malls and big box stores face pressure from e-commerce growth, there is demand for experience-driven spaces.

Retail 165
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Xetra expands new retail trading offering with ETFs service

The TRADE

Deutsche Brse Xetra has further expanded its retail offering with a new ETF trading service. This service represents an important milestone in our ongoing efforts to deliver first-class execution services specifically tailored to the needs of retail clients. It will also serve as a launching pad for further innovation in the future.

Retail 52
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California Enacts Pre-Closing ‘Mini-HSR Act’ for Retail Grocery and Pharmacy Transactions

JD Supra: Mergers

California enacted AB 853, which requires merging parties in retail grocery and pharmacy-related transactions (presumably with a nexus to California) that meet certain thresholds to notify the California attorney general and observe a 180-day waiting period prior to closing. By: Morgan Lewis

Retail 165
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Interior design startup Havenly acquires home décor retailer The Citizenry

TechCrunch: M&A

Online interior design startup Havenly is acquiring artisan home décor startup The Citizenry, the company announced today. The financial terms of the deal were not disclosed. Havenly says the acquisition is part of its efforts to build a collection of home brands that appeal to shoppers.

Retail 249
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A Vertical Merger in a “Horizontal” Market: Court Rejects FTC’s Challenge to Tempur Sealy’s Acquisition of Mattress Firm

JD Supra: Mergers

mattress retailer with over 2,300 stores). District Court for the Southern District of Texas denied the Federal Trade Commissions request for a preliminary injunction to block Tempur Sealys (the worlds largest mattress manufacturer) proposed acquisition of Mattress Firm (the largest U.S. By: Axinn, Veltrop & Harkrider LLP

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Santander creates two new global businesses for retail, consumer areas

Global Banking & Finance

Santander creates two new global businesses for retail, consumer areas By Jesús Aguado MADRID (Reuters) -Spain’s Santander is consolidating its retail, commercial and consumer activities across all markets under two new global businesses to help it improve performance and add customers, it said on Monday.

Retail 131
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How Tesla rose to retail investor stardom: 'It's always in people's minds'

CNBC: Investing

The electric vehicle maker is poised to see the highest net inflows from retail traders of any security this year.

Retail 144