Abercrombie & Fitch Co.
Annual Sales: $2 billion
Enterprise Value: $4.4 billion
BUYER/HOLDING: Company is focused on organic growth, especially via international expansion. But what if the right deal comes around? Has $443.4 million in cash on balance sheet.

Bon-Ton Stores
Annual Sales: $1.3 billion
Enterprise Value: $533.4 million
HOLDING/SELLING: The regional department store chain, which acquired Elder-Beerman about a year ago, posted a loss in its most recent quarter. Is its real estate portfolio of 140 stores appealing to other department store chains?

Dillard’s Inc.
Annual Sales: $7.5 billion
Enterprise Value: $3.9 billion
HOLDING/SELLER: There’s speculation that several department store retailers are interested in this predominantly family-run company. Several members of the Dillard family have controlling interest in shares, and may not want to sell.

Eddie Bauer
Annual Sales: n/a
Enterprise Value: n/a
SELLING: The company is on the block and shedding stores as parent company Spiegel Inc. works through its bankruptcy. Several financial firms — Apollo, Bain and Cerberus Capital Management — conducted due diligence, and bids were submitted in August. Company could fetch $600 million to $1 billion.

Federated Department Stores
Annual Sales: $15.6 billion
Enterprise Value: $13.6 billion
BUYER/MERGING: Reportedly in talks with May Department Stores to acquire and presumably merge with the ailing department store chain. Could also be interested in making a deal with Dillard’s. Federated has $212 million in cash on its balance sheet as of its most recent quarter.

Gadzooks Inc.
Annual Sales: $186.5 million
Enterprise Value: $23.2 million
SELLING: Company currently in bankruptcy. Has shuttered some stores, and is being eyed by both strategic and financial buyers. Gap Inc. $16.3 billion $18 billion
BUYER/HOLDING: Gap Inc. could be in play. Comp-store sales have recently softened, but the retailer is focused on international expansion as well as a new over-35 concept set to open in 10 test stores this fall. Has $2.7 billion in cash on hand.

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