retailers

City of Industry, Calif., and Egg Harbor Township, N.J. — Spencer Spirit Holdings, Inc. has signed a definitive agreement with Sycamore Partners to acquire Hot Topic, Inc. and its portfolio of brands: Hot Topic, BoxLunch and Her Universe. The transaction unites six highly complementary retail concepts under one umbrella, expanding the combined company’s total footprint to more than 3,000 stores across North America. Together, the combined entity creates a bicoastal retail ecosystem rooted in culture and entertainment. By combining deep consumer insights across distinct fan-centric segments, each of the brands …

Toronto — Sleep Country Canada Inc. has completed its acquisition of substantially all of the assets of Sleep Number, bringing together two iconic companies and forming the world’s second-largest sleep retailer. “This is one of the proudest days in our company’s history,” says Stewart Schaefer, president and chief executive officer of Sleep Country. “Today isn’t about the completion of a transaction. It’s about the beginning of a new future.” For more than 30 years, Sleep Country has helped Canadians sleep better through exceptional customer experiences, trusted expertise and a relentless …

White Plains, N.Y., and Sunny Isles Beach, Fla. — Mavis Tire Express Services Corp. and Icahn Enterprises LP have entered into a definitive agreement under which a subsidiary of Mavis will acquire Pep Boys from Icahn Automotive Group LLC for approximately $700 million in cash. IEP will retain the owned real estate previously transferred to IEP from Pep Boys, as well as the AAMCO Transmissions and Precision Tune Auto Care businesses. Formally named The Pep Boys-Manny, Moe & Jack Holding Corp., Pep Boys is an automotive service company offering tires, …