August 18th, 2016
In August 2016, Samsung Corp announced the acquisition of Dacor Inc in consumer appliances. Both companies are compatible in terms of product offering as well as target consumers in the US. By acquiring Dacor, Samsung gains a number of advantages, namely leveraged brand and product strategy especially in large cooking appliances, shared production capacities and […]
August 10th, 2016
Introduction Mexican department store company El Puerto de Liverpool SAB de CV announced on August 10 that it has acquired the retail chain Suburbia from Wal-Mart de México SAB de CV for a total of Mx$19,000 million (approximately US$1 billion), pending review by Mexican regulatory agencies. The purchase ends months of speculation as to who […]
August 9th, 2016
On August 8th, 2016, Wal-Mart Stores confirmed that it is indeed purchasing Jet.com for US$3.3 billion. Wal-Mart Stores issued a press release about the acquisition. This was followed by a conference call with the media hosted by the president and chief executive officer of Wal-Mart Stores, Doug McMillon.
August 3rd, 2016
It was recently announced that Wal-Mart Stores Inc. is in discussion to acquire an up and coming US etailer, Jet.com. Jet.com seeks to revolutionize the logistics of ecommerce Marc Lore founded Jet.com just last year in July 2015. He’s known for his previous ecommerce ventures such as Quidisi.com. Jet.com raised more than US$500 million in […]
June 30th, 2016
The news that Hershey is the subject of a bid from Mondelez has certainly captured the imagination of those in the food industry.
June 24th, 2016
Uncertainty is the key challenge in regard to Brexit, and this uncertainty will contribute to falls in business and consumer confidence as well as delays to investment decisions. Exit negotiations will be protracted, with the UK unlikely to leave the EU before 2018.
June 24th, 2016
The UK population has voted to leave the European Union (EU), and attention will increasingly focus on the direct impact on business, and the practicalities surrounding exit negotiations.
May 19th, 2016
As the impeachment process in Brazil unfolds, on May 11th the Senate asked Dilma Rousseff to step aside for up to 180 days while the chamber analyses and considers her removal from office. Since May 12th, Vice-president Michel Temer has taken office as interim president and nominated a brand new team for his government.
May 13th, 2016
On 10 May, Anheuser-Busch InBev announced its latest strategy in fighting off the omnipresent threat of Mexicans and others flooding the US – that is Mexican and craft beer, of course – which have curbed Budweiser’s market relevance and resulted in a 16% volume decline over five years.
May 10th, 2016
US department stores retailer J.C. Penney made a major splash on Monday, 9 May 2016, when it announced that it would be expanding its major appliances offerings to nearly 500 stores in the US and would be offering the products on jcp.com after a trial in February.