Retail Acquisitions in 2018

Emart, South Korea's largest retailer, has acquired Good Food Holdings, the California-based owner of upscale grocery chains Bristol Farms, Lazy Acres Market, and Metropolitan Market, for $275 million. The purchase gives Emart a foothold in the U.S. grocery market while Good Food Holdings' operations and management are expected to remain unchanged in the near term.

An affiliate of Ares Management together with Freeman Spogli & Co. agreed to purchase Floor and Decor Outlets of America from an investor group that included Najeti Ventures, Saugatuck Capital Company and TWJ Capital. The Atlanta-headquartered flooring retailer operates roughly 25 warehouse-style stores across 15 U.S. metro markets and sells to homeowners and professional contractors via stores and its website.