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Walmart eyeing Turkish retailer Migros
Turkish retailer Migros appears to fit Walmart’s acquisition criteria even if the timing of a potential deal is less than ideal.
Turkey’s leading retailer has been in the headlines a lot this year because the company’s private equity owner, BC Partners, is reportedly looking to dump its ownership position roughly four years after acquiring a majority stake. Various international retailers are said to have had discussions with BC Partners and Walmart is the latest, according to reports this week by the Financial Times, Reuters and other international sources.
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Emerson Group names three new partners
PHILADELPHIA — The Emerson Group last weekend announced that it had added three new partners to the company, naming, Clark Tyndall, Sue Smith and Brian Schaefer to Emerson's partner group.
Tyndall has been with Emerson for 10 years, with key contributions has to Emerson's Walmart, Sam’s Club and dollar store businesses, and is credited within the organization as having played a key role in developing and growing Emerson's private brand business model.