Axios Pro: Retail Deals

January 13, 2023

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Happy Friday, Retail readers. Here's your digest of this week's news.

Programming note: We'll be dark Monday, in observance of Martin Luther King Jr. Day.

🚨 Situational awareness: The New York Times reports that Bed Bath & Beyond is in talks with Sycamore Partners to sell assets as part of a possible bankruptcy process, citing people familiar with the matter.

1. M&A dominates ICR chatter

Image of a briefcase made of dollars

Illustration: Maura Losch/Axios

Day 1 of the ICR Conference 2023 in Orlando included holiday sales presentations and breakouts aplenty, but M&A chatter dominated, Richard wrote Tuesday.

Why it matters: With the IPO market effectively closed, retail M&A activity will be key to the deal-making universe in 2023, and four companies used their breakout sessions to share what's on their mind.

Read the entire newsletter.

Plus: Tuesday's Pro Rata, on CVS circling Oak Street Health.

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