Expectations for M&A in the consumer goods and retail sector for the short term are high, according to Mergers & Acquisitions’ Mid-Market Pulse (MMP). Participants gave the sector a three-month Composite score of 74.1, far above the 52.8 for overall M&A.
The challenges retailers face, including striking a balance between e-commerce services and brick-and-mortar stores, are driving consolidation in the sector. For example, discount footwear purveyor DSW Inc. agreed in February to buy Ebuys Inc. for $62.5 million, in part to expand online.. . . more