NYT: Reports of Retail Death are Premature

The New York Times reported a resurgence in the retail industry among companies that have learned their lessons from Amazon’s success and are adapting.

Walmart Completes Flipkart Buy

Walmart completed a stock purchase that will make it the largest shareholder in India’s Flipkart Group. JPMorgan and Barclays provided financing to support the transaction.

Tiger Capital Provides $5MM Special Project Loan to Epoca

Tiger Capital Group provided $5 million in special project financing to Epoca International, the sole license holder of Walmart’s Tasty Housewares product lines.

JPMorgan, Barclays Support Walmart $16M Investment in Flipkart

JPMorgan and Barclays are leading $5 billion in debt financing to support Walmart’s investment in India’s Flipkart e-commerce group.

Green Dot to Acquire GE Capital Retail’s Walmart MoneyCard

Green Dot Corporation said its subsidiary bank, Green Dot Bank, received regulatory approvals to acquire the Walmart MoneyCard Portfolio from GE Capital Retail Bank.

ABLs Stand to Benefit from Retail Grocery Business Shifts

Dramatic shifts in the retail grocery business continue to create opportunities for asset-based lenders and private-equity investors, a Tiger Group expert noted in a Sept. 12 panel discussion with colleagues.

Back in Business: After a Rash of Bankruptcies, Retailers Are in Fighting Shape for 2011

Given what Spence Mehl calls “a bloodbath of bankruptcies” in the retail space in 2008 and 2009, last year brought surprisingly fewer bankruptcies than most had anticipated. And while bankruptcy still loomed heavily for nearly all the big chains in 2010, the difference was that retailers themselves executed their own top-to-bottom restructuring plans. But, Mehl warns, retailers aren’t out of the woods yet.