The struggling women’s clothing chain Talbots is being acquired by Sycamore Partners for about $193.3 million in cash, an abrupt turnaround after buyout talks appeared to stall last week.
Talbots said it has received a sweetened buyout offer from private equity firm Sycamore Partners that values the company at about $211 million.
Boston-based RunKeeper has added nine new apps to help people get or stay in shape.
Lots of stuff is going to go on sale on Monday. While shopping this past week I found that many places were already having 50% and 60% off sales on the Christmas merchandise.
Red Sox fans appear willing to forgive because they have already set a record for ticket sales for spring training.
Women’s clothing chain Talbots Inc. rejected an approximately $205.2 million buyout offer from its biggest shareholder on Tuesday, saying the bid undervalues the company,
Even though most Massachusetts workers will be getting slight pay increases next year, it won’t be enough to keep up with the pace of inflation once again.
The holiday shopping season is in full swing , but with all those sales to be made one company is actually cutting out its ad budget.
Talbots revealed Thursday that its planning layoffs and store closures, as the business continues to struggle.
A New York private equity firm has taken a 9.9 percent stake in troubled women’s clothing retailer Talbots.