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GE Capital announced it is providing Brookstone, the product development company and specialty retailer, with a $115 million senior credit facility.
Wal-Mart Stores Inc. has reportedly invested $103 million in its Indian operations with the goals of expanding its wholesale store count and increasing its online presence there.
Dirk Montgomery, executive VP and CFO of Ascena Retail Group Inc. since January 2013, has accepted a position with a healthcare-related company based in Florida.
Parents spend, on average, $659 on school-related costs throughout the year per family.
General Electric is spinning off its Synchrony Financial consumer credit business in an initial public offering (IPO) and seeking a market valuation as high as $22 billion.
Herman Miller has entered into an agreement to acquire high-end furniture retailer Design Within Reach Inc. (DWR) for about $154 million in cash.
Kimco Realty Corp. has acquired a portfolio of 10 shopping centers from its joint venture with SEB Asset Management for $275.8 million, including $193.6 million of mortgage debt.
Rob Brown, an actor best known for his role on the HBO series “Treme,” has reportedly settled a discrimination lawsuit against Macy’s and the city of New York.
The House has passed legislation broadening a federal tax law that makes it cheaper for retailers to remodel their stores, the National Retail Federation said.
Sycamore Partners is in early discussion with Fred’s about a potential takeover, Reuters reported.