CVC Capital Partners has agreed to sell Leslie's Holdings to L Catterton and an affiliate of GIC.
Holiday sales not only beat expectations among industry observers, it hit a five-year high.
It was a less than merry holiday for some retailers, especially in the department store sector, but total sales still managed to beat industry projections, fueled by a strengthening economy.
Supervalu Inc. swung to a loss in its third quarter amid increased competition in the retail segment.
Aéropostale, the teen apparel retailer that most of the industry had written off as dead, has risen like a Phoenix.
Chinese e-commerce giant Alibaba is making a play for a department store and mall operator in China.
Hudson's Bay Co. is the latest department store retailer to report weak holiday sales.
Ascena Retail Group Inc. cut its earnings outlook as poor sales moved it into a highly promotional stance during the holiday period.
Apparel retailers might be in for tough going if proposed tax reforms pass.
Despite disappointing results from some retailers, overall holiday sales are shaping up to be in line with industry projections.