FINANCE

Walmart boosts targeted ad business with $2.3 billion Vizio acquisition
Walmart Inc. is making a major financial commitment to its Walmart Connect media network.
Activist investor group nominates candidates to Macy’s board
The stage is set for a proxy fight at Macy’s.

Guess making first acquisition in its 43-year history

Guess Inc. is teaming up to acquire a trendy denim brand.
Grocery Outlet to acquire 40-store United Grocery Outlet

Grocery Outlet Holding Corp. is expanding its footprint into new markets in the Southeast.
True Religion reportedly exploring a sale

True Religion’s return to growth may be leading it to new owners.
Retail sales cooled in January after strong December

U.S. retail sales fell more than expected in January amid cold weather and after robust holiday shopping in December.
Investor group takes majority stake in The Children’s Place

An investor group has taken an unsolicited stake in The Children’s Place.
Asian e-commerce platform to acquire Wish for bargain price

One of the world’s largest mobile e-commerce platforms has reached an agreement to be sold.
Shoe Carnival acquires Midwestern shoe retailer

Shoe Carnival has acquired a work and family footwear company with 28 locations in three states.
New owners put The Body Shop’s U.K. business on the selling block

The Body Shop is looking to restructure its U.K. business.

Walmart boosts targeted ad business with $2.3 billion Vizio acquisition