Buyout firm Apollo to buy Smart & Final Stores for $1.1 billion

Posted on Reuters.com | April 19, 2019 View Original Article     (Reuters) - Apollo Global Management LLC said on Tuesday it will acquire Smart & Final Stores Inc for about $1.1 billion, including debt, the second time the private equity firm will own the U.S. food retailer.   The deal comes after Apollo … [Read more...]

US retail sales soared 1.6% in March

Posted on APNews.com | April 18, 2019 View Article Here     WASHINGTON (AP) — U.S. retail sales surged in March at the fastest pace since late 2017, as spending on autos, gasoline, furniture and clothing jumped.   The Commerce Department said Thursday that sales increased a seasonally adjusted 1.6% from … [Read more...]

Brick and Mortar Retail Isn’t Dead | Retailers Filling Toys ‘R’ Us Vacancies

Posted on Forbes.com | July 8, 2018 Written by Andria Chang View Original Article Here     Toys “R” Us, which closed the last batch of its U.S. stores just over a week ago, has left behind not only nostalgia but also hundreds of empty stores across the country. Still, if you thought this paints a gloomy picture of … [Read more...]