Customers expect seamless and friction less experiences. Explore ways to gain actionable insights & methods to increase engagement. Register for the webinar now!
The retailer's board agreed to a deal worth $7.86 per share (U.S.) citing its value proposition for stockholders given a "deteriorating retail environment."
The retailer, which is owned by private equity firm Apax Partners, said the price range and number of shares for the offering has yet to be determined.
Retail Dive provides in-depth journalism and insight into the most impactful news and trends shaping retail. The newsletters and website cover topics such as brick-and-mortar, retail technology, e-commerce, marketing, payment technology, store operations, omnichannel, and more.
Retail Dive is a leading publication operated by Industry Dive. Our business journalists spark ideas and shape agendas for 7+ million decision makers in competitive industries.