Marshall’s is buying adult store

Marshall’s announced today that it will buy the adult retailer Marshalls and its retail assets from Marshalls, and it will acquire Marshalls’ digital business and digital business assets.

Marshall’s will also retain a 25% stake in Marshalls.

Marshalls’ parent company, Marshalls Holdings, was founded in 2014 and operates a portfolio of more than 1,000 retail stores and over 50 million cards and merchandise, including some of the most popular brands in the country.

The deal marks the first time a retail retailer has purchased an adult-store chain.