Staples Reportedly Close to Sale

In May, Staples was in talks with a few private-equity firms over the possibility of a sale. As a result, Staples initially refused a takeover offer from Cerberus Capital Management, leaving only Sycamore Partners left in the race. Now, sources told Reuters that Staples is quickly approaching a deal with Sycamore worth an estimated $6…

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Newest iPhone 8 Leak Shows Lightning Jack, Not USB-C

We admit it: Nobody is perfect, not even us. Everyone makes mistakes, especially when it comes to predicting the future of smartphone technology and what features certain items will or won’t include. We bet pretty hard on the future of USB-C technology in the newest installment of the iPhone, but, due to some pretty reliable-looking…

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ePromos Promotional Products Acquires Assets from Motivators Inc.

ePromos Promotional Products, St. Cloud, Minn., announced yesterday in a press release that it has complete the purchase of select assets from Motivators Inc., Westbury, N.Y. “Today’s purchase, including the motivators.com brand and its customer base, is consistent with one of our key strategies to serve as a platform company in the promotional products industry,”…

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Nike, Universal Studios Under Investigation for Licensing, E-Commerce Practices

European Union antitrust regulators are investigating whether Nike, Universal Studios and “Hello Kitty” owner Sanrio illegally blocked or banned some nations from selling its licensed products, such as Barcelona soccer jerseys, “Hello Kitty” items, and merchandise for the films “Despicable Me” and “Minions.” Reuters reported that the European Commission made its investigations known on Wednesday,…

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