This website uses cookies to improve your experience. By viewing our content, you are accepting the use of cookies. To find out more and change your cookie settings, please view our Privacy Policy.
• Comcast reportedly is speaking with private equity firms about participating in an improved offer for the entertainment 21st Century Fox, whose deal with Disney yesterday received anti-trust approval. http://axios.link/2YFn
• Athene (NYSE: ATH), a life insurer backed by Apollo Global Management, is in talks to buy all or part of General Electric’s (NYSE: GE) long-term care insurance business, per the FT. http://axios.link/f1FC
• B-Stock, a Belmont, Calif.-based B2B marketplace for returned or excess merchandise, raised $65 million from Spectrum Equity. www.bstock.com
Sustained inflation has compressed consumer spending across categories, resulting in softened sell-through rates and climbing aged inventory ratios. For retailers, brands, and manufacturers, the downstream effects are distinct, but the core problem is the same: the excess inventory is there,…
This well-known athletic retailer had large volumes of aged overstock held at various distribution centers (DCs) around the country. A small group of jobbers purchased the inventory on informal terms, managed by each DC, leading to inconsistent processes and outcomes…