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NEWS ABOUT: retail shopping

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Bain Buys Out Guitar Center

Firm strums out $1.9B deal to take retailer private

(Newser) - Bain Capital sealed a deal today to buy out Guitar Center, a California-based retail chain specializing in musical instruments, for $1.9 billion. The deal was reached after a secret auction conducted by Goldman Sachs; the private equity firm has recently purchased a slew of publicly traded retailers. The final... More »

Small Towns to Chain Stores: Let Us Shop!

Little places lure big retailers at annual shopping convention

(Newser) - Small towns and exurbs are bending over backwards to woo national retail chains, Governing magazine reports from the International Council of Shopping Centers' convention. Phalanxes of city reps descend on the dizzingly massive—and cutthroat—annual spring conference in Vegas, attempting to raise their profile and land a Pottery Barn... More »

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