Story of the Week BNPL drives over $1B in online spend on Cyber Monday Capping off a busy retail weekend, online sales for Cyber Monday (December 1st) in the U.S. increased 7.1% year over year to $14.25 billion, according to Adobe Analytics. The five-day period from Thanksgiving to Cyber Monday generated $44.2 billion in online sales overall, […]
Story of the Week Bed Bath & Beyond Enters into Merger Agreement to Acquire The Brand House Collective Bed Bath & Beyond, Inc. and The Brand House Collective, Inc. announced that they have entered into a definitive merger agreement under which Bed Bath & Beyond will acquire The Brand House Collective. Based on the companies’ […]
Story of the Week U.S. freight market is starting to roll over as Chinese trade plummets The impact of President Donald Trump’s tariffs continues to rip through the logistics and transportation sectors, with major ports experiencing a steep drop in imports after earlier this year setting records, and volumes throughout the supply chain rolling over. […]
Story of the Week TreeHouse Foods to be acquired for $2.9B Treehouse Foods, a manufacturer of private-label food products, has reached an agreement to sell itself to European investment firm Investindustrial for $2.9 billion. Investindustrial will pay $22.50 in cash for each share of TreeHouse. As part of the deal, TreeHouse shareholders will receive proceeds, […]
Story of the Week Kimberly-Clark to Acquire Kenvue in $48.7 Billion Deal to Create Global Health and Wellness Leader Kimberly-Clark has agreed to acquire Kenvue Inc. in a cash-and-stock transaction valuing the consumer health company at approximately $48.7 billion. The merger combines two major players in personal care and consumer health to form a global […]