Venator: Tough Time Selling Subs

Leibs, Anthony
September 1999
Mergers & Acquisitions Report;09/13/99, Vol. 12 Issue 36, p6
Unveils the difficulty of Venator Group Inc. in selling its eight businesses. Agreement made by Venator with YM Inc. to purchase its women's apparel chain; Earnings and revenues of Venator for the first half of 1999; How the company plans to use the proceeds of the sales.


Related Articles

  • Venator Closes on Divestment of 357-Unit German Business.  // WWD: Women's Wear Daily;10/26/1998, Vol. 176 Issue 79, p5 

    Reports that Venator Group Inc. has completed the sale of its 357-unit German general merchandise business in a management-led buyout backed by London investment bank Electra Fleming. Cost of the buyout; Athletic footwear and apparel specialty chains of the company; Expected closing of sales at...

  • Venator selling stores in Germany for $552M.  // WWD: Women's Wear Daily;9/23/1998, Vol. 176 Issue 58, p16 

    Reports on the plan of Venator Group Incorporated to sell its German general merchandise stores in a management-led buyout. Sales and operating income of the German general merchandise operations before special items in 1997; Total amount of the proceeds from the cash deal; Reason for exiting...

  • Greenway Plans to Stick with Venator. Leibs, Anthony // Mergers & Acquisitions Report;07/26/99, Vol. 12 Issue 30, p1 

    Reports that Greenway Partners does not want Venator Group Inc. to sell itself. Recommendation passed by Greenway for Venator; Stock performance of Venator; Loss of Venator in the second quarter of 1999.

  • Greenway Puts the Squeeze on Venator. Leibs, Anthony // Mergers & Acquisitions Report;04/19/99, Vol. 12 Issue 16, p10 

    Reports that Greenway Partners is jockeying for Venator Group Inc. to sell itself. Information on a 13D filed by Greenway seeking a removal of Venator's poison pill; Companies that have established retail presence in a marketplace; Comments from Margaret Gilliam, an analyst at Gilliam & Co.;...

  • S.F. Music Box For Sale.  // Gifts & Decorative Accessories;Oct99, Vol. 100 Issue 10, p14 

    Reports that Venator Group is offering the San Francisco Music Box Company for sale. Business of the San Francisco Music Box; Purpose of the Venator in disposing seven other properties as well as the San Francisco Music Box Co.

  • Billabong Sells West 49 Chain in Canada. Hamanaka, Kari // Orange County Business Journal;11/11/2013, Vol. 36 Issue 45, p9 

    The article announces the sale of action-sports apparel company Billabong USA Inc.'s West 49 chain in Canada to retailer YM Inc., as the two companies continue to focus on turning around their business.

  • Firm hustles to pick up pieces of Woolworth. Stuart, Stephen // New Orleans CityBusiness (1994 to 2008);8/13/2001, Vol. 22 Issue 7, p1 

    Reports that multiple landowners and legal battles have mired efforts by Venator Group Inc. to unload the former Woolworth department store in New Orleans, Louisiana. Acquisition of three small lots owned by Dr. J. William Rosenthal; Total building space owned by Venator as of June 2001;...

  • Venator raises $90 million in exit of two divisions. Cunningham, Thomas // WWD: Women's Wear Daily;12/16/1999, Vol. 178 Issue 116, p16 

    Reports on the funds generated by Venator Group in the initial public offering of its Australian retail division, Colorado Group, and in the sale of its Canadian general merchandise operation, Bargain! Shop. Aim of divesting non-core businesses; Number of stores operated in the United States.

  • Venator fourth-quarter net leaps 97.3%. Cunningham, Thomas // WWD: Women's Wear Daily;3/9/2000, Vol. 179 Issue 47, p14 

    Highlights Venator Group's fourth quarter financial performance. Increase in earnings; Adjusted net income from operations; Venator's restructuring programs; Sales trends for the first six weeks of fiscal 2000; Stock performance as of March 8, 2000.


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics