Pizzeria Vetri

Shares of Urban Outfitters, Inc. (NASDAQ: URBN) lost more than 7 percent on Monday after the company announced it acquired The Vetri group of restaurants. The specialty teen retailer noted that "spending on casual dining is expanding rapidly." Analysts were mostly negative on...

Shares of Urban Outfitters, Inc. (NASDAQ: URBN) lost nearly 10 percent on Monday. Urban Outfitters announced it has agreed to acquire the Vetri Family group of restaurants, including the popular Pizzeria Vetri. The question investors are asking is simply, "Why would a retailer acquire a...