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The retailer's board agreed to a deal worth $7.86 per share (U.S.) citing its value proposition for stockholders given a "deteriorating retail environment."
This year is expected to be the third-highest in terms of sales, but the glow of potential payoff — and the threat of disappointment — haunt some retailers.
With pregnancies in decline and competition increasing, sales at the retailer fell by a third in half a decade. Now it looks to sell itself in bankruptcy.
The e-commerce giant stakes its value proposition on a "price, selection, convenience" trifecta. But as its Marketplace grows, it's not always clear where "quality" fits in.
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