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Richard Collings, author of . Axios Pro: Retail Deals. Jun 23, 2023. Share on facebook (opens in new window) ... Pinstripes CEO Dale Schwartz tells Axios. Details: The transaction is expected to close in Q4 when Pinstripes stock and warrants will be listed on the NYSE under the ticker symbols PNST and PNST WS, respectively.Richard Collings. Focuses on deal-related activity within the retail sector for Axios Pro. Formerly: Mergermarket, The Deal, S&P Global Market Intelligence, Fitch Solutions and Adweek.White House National Security Council Spokesperson Adrienne Watson told Axios and CNN analyst Barak Ravid, “Iran has begun an airborne attack against Israel.Unleashed Brands, a platform for experiential retail concepts that foster youth development, has agreed to acquire Sylvan Learning, a source familiar with the situation tells Axios. Why it matters: It is private equity-backed Unleashed Brands‘ sixth acquisition in three years. Catch up quick: Sylvan Learning, a provider of of …Richard Collings, author of . Axios Pro: Retail Deals. May 2, 2022. Share on facebook (opens in new window) ... (opens in new window) Illustration: Aïda Amer/Axios. Exit Content Preview. Macellum and Ancora are urging SpartanNash's board to form a special committee to explore strategic alternatives, the pair of activist investors …

Amazon, which acquired Whole Foods in 2017 for $13.4 billion, is looking to dramatically expand the grocery wing of its commerce empire, Axios' Richard Collings and Kimberly Chin write. "We need a broader physical-store footprint, given that most of the grocery shopping still happens in physical venues," Amazon CEO Andy Jassy recently wrote in ...Apr 17, 2023 · After the company revealed plans on Friday to lay off more than 9,000 employees in the coming months, Axios reported the company was preparing to file for bankruptcy. The New York Times previously reported David's Bridal was weighing bankruptcy, advised by investment bank Houlihan Lokey, law firm Kirkland & Ellis and restructuring specialist ... Mar 1, 2018 ... rokeshire, Wales Eifion James, Pemb IH Quadtrac se Ca – s (Collings Bro 600). ... Richard Fairnie of Simon Richard Ltd and AL Agri's Andy Mitchell ...

Join Axios Pro retail reporters for an exclusive live conversation on the emergence and future of live commerce, PE retail M&A activity and debt financing trends in the sector. Ask your questions live to Pro reporters and speakers. Participate in post-event networking with Richard Collings and Kimberly Chin.

Aug 24, 2023 · Aug 24, 2023. Illustration: Brendan Lynch/Axios. Shein and Sparc Group struck a strategic partnership, with Shein acquiring a one-third interest in the retail operator and Sparc becoming a minority shareholder in Shein. Why it matters: The deal brings together two of the most important players in retail. Details: Shein will offer what it calls ... Apr 29, 2024 · Martie, a startup selling overstock of shelf-stable food products online, is raising a $3 million to $4 million extension, CEO Louise Fritjofsson tells Axios exclusively. Why it matters: The company aims to save products from landfill and sell discounted healthier food so it can be accessed by lower-income families. Jul 11, 2023. Illustration: Aïda Amer/Axios. Stylitics, a New York-based provider of digital merchandising and styling software, acquired Wide Eyes Technologies, a visual search engine platform, Stylitics CEO Rohan Deuskar tells Axios exclusively. Why it matters: The transaction boosts Stylitics' platform by adding AI-enabled image recognition ...There are several ways to contact Sir Richard Branson. The ways to contact him include sending a message by Twitter, LinkedIn, Facebook, email or regular mail. Contacting Richard B...Mar 6, 2023 ... 1135 Boyd Street Seller: Boyd Street, LLC, 537 Live Oak Lane, Weston, FL Buyer: John Collings, 537 Live Oak Lane, Weston, FL Property: built ...

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Peltz is chairman of Wendy's. Details: Blackwells intends to nominate several director candidates to the board, citing both governance and financial performance issues, a second source familiar with the situation says. The activist has previously said that Peltz put in place his son, Matthew, as non-executive vice chairman at Wendy's and ...

8fig, which offers tools and financing to online retailers for supply chain management, raised a $140 million Series B round, co-founder Roei Yellin tells Axios. Why it matters: The Austin, Texas-based startup is providing much-needed financing for early-stage e-commerce companies at a time when working capital is limited and expensive.Jan 29, 2024. Illustration: Gabriella Turrisi/Axios. Distress in DTC is presenting opportunities for investors with the stomach for risk. Driving the news: Firms such as BlackRock and Oaktree are raising structured equity funds that may be better described as distressed venture funds, says David Spreng, CEO of Runway Growth Capital.The big picture: "While we have a consumer business that’s $434B in 2022, the vast majority of total market segment share in global retail still resides in physical stores (roughly 80%)," he said. The bottom line: "Grocery is a big growth opportunity for Amazon," Jassy said. Go deeper: For additional insights from the letter, including ...Why it matters: The bridal industry is expected to pick up this year after the post-pandemic lull, Axios Pro: Retail's Richard Collings previously reported. What's happening: Laine London , a Black-owned bridal rental business in Chamblee, offers tailored gowns in a way that expands the wedding-gown shopping experience to be more inclusive ...Richard Collings’ Post Richard Collings Reporter at Axios, covering the financial activities of retailers, including M&A, IPOs, SPACs, PE, VC, activist investing, distressed situations and more ...Axios Pro: Retail Deals. Jan 8, 2024. Illustration: Megan Robinson/Axios. WTHN, a wellness startup that offers products based on traditional Chinese medicine, raised a $5 million Series A financing led by L Catterton. Why it matters: U.S. consumers spend $450 billion on wellness products and services each year, per McKinsey.Mar 4, 2024 ... Not really, says Axios. In a recent article entitled “GoPuff a likely merger target as delivery sector falters” reported Richard Collings said ...

Dec 7, 2022. Illustration: Sarah Grillo/Axios. Elastic Path, a headless commerce technology provider, has raised $30 million in a financing led by Sageview Capital with participation from existing investors, CEO Jamus Driscoll tells Axios. Why it matters: As retailers and brands seek more flexible, customizable software to give them better ...Axios Pro: Retail Deals. July 26, 2022 Axios Pro Exclusive Content. Richard Collings; Good morning, Retail readers! Situational awareness: Shopify is laying off around 1,000 workers, or 10% of its global workforce, according to an internal memo — a dark cloud for big bets made on e-commerce during the pandemic.Jul 27, 2022. Photo: Stephane Cardinale - Corbis/Corbis via Getty Images. Valentino Fashion Group approached Giorgio Armani about buying the Italian luxury rival and the two companies have entered into early-stage discussions, Mergermarket reports. Why it's the BFD: A combination of the two fashion houses would set the foundation for a luxury ...Inside the deal: The new investment totals $3.5 billion, at a valuation that works out to 17x pro forma EBITDA, according to a source briefed on the matter. Pro forma EBITDA through September incorporates the financial performance of Reebok, the sneaker company Authentic Brands acquired for $2.5 billion in August.Apr 24, 2024 · State of play: The Cincinnati-based chain has held the top spot for several years now. Kroger had a 40.6% market share in 2021, which slipped to 38.9% in 2022. Its market share rose to 42.9% last year, more than double the second-place competitor, Walmart. 👀 Eye-popping stats: That amounts to nearly $3.5 billion in sales at 58 area Kroger ... As banks fail, retail bankruptcies rise. Richard Collings. , author of. Axios Pro: Retail Deals. May 1, 2023. Illustration: Sarah Grillo/Axios. As the era of free money ends, an increasing number of retailers have been pushed into bankruptcy — serving as prospective targets for bargain-hunting acquirers. Why it matters: After a relatively dry ...Are you a baking enthusiast looking for a reliable bread maker to create delicious homemade loaves? Look no further than the Morphy Richards Fastbake Manual. This versatile bread m...

Richard Collings. Focuses on deal-related activity within the retail sector for Axios Pro. Formerly: Mergermarket, The Deal, S&P Global Market Intelligence, Fitch Solutions and Adweek.3046, 8 5 75, Axios, Maria, 34 Gilarth Street, Highett ... Epifaniou, Epifamos, 20 Collings Street, West ... 32 Richard Street, Lalor 3075, 23 6 75, Paloyannidis,

Kohl's provides updates on proxy contest, potential bidders. Kohl's issued two releases today: one on the acquisition interest it has received, the other on proxy voting information (together with a shareholder letter) ahead of its showdown with Macellum Advisors. Why it matters: The battle between a nationwide retailer and an activist …Facing imminent bankruptcy, Bed Bath & Beyond has two last-gasp efforts ongoing. Driving the news: The beleaguered home goods purveyor is reported to be preparing to file for bankruptcy within days, according to the Wall Street Journal. Details: The two time-sensitive efforts include a plan to raise $300 million by selling shares and a …Richard Collings is a Retail Reporter for Axios, covering a wide range of topics within the retail industry. With a focus on mergers and acquisitions, funding, and market trends, Richard provides in-depth analysis and reporting on the ever-evolving world of retail.May 5, 2022. Illustration: Gabriella Turrisi/Axios. Food tech company Voyage Foods raised a $36 million Series A round co-led by UBS O'Connor and Level One Fund, the company's CEO and founder Adam Maxwell told Axios. The startup previously raised $6 million and has a pre-money valuation of $85 million, he added.Richard Collings is a Retail Reporter for Axios, covering a wide range of topics within the retail industry. With a focus on mergers and acquisitions, funding, and market trends, Richard provides in-depth analysis and reporting on the ever-evolving world of retail.Mar 15, 2024 · Recess has hired Stifel Financial to raise $25 million, CEO Ben Witte tells Axios exclusively. Why it matters: The sparkling beverage maker intends to become the Red Bull of the relaxation category. By the numbers: Recess' sales were in the $10 million to $20 million range and expected to more than double last year, Witte said last August. BetterBrand, a food tech company taking a bite at low carbs, has raised $6 million in Series A funding. Why it matters: Consumers have become more conscientious about their health, driving the low-carb food market to $10.93 billion in 2021. The market is projected to reach $18.65 billion by 2029, according to Data Bridge Market Research. …Martech startup Komo Technologies raising seed. Komo Technologies, a web platform for creating gamified content, is in the midst of raising a seed round, CEO Joel Steel tells Axios exclusively. The big picture: Gamification can make marketing content more effective as customer acquisition becomes increasingly difficult due to privacy restrictions.ISS backs two activist candidates on Kohl's proxy fight. Richard Collings. , author of. Axios Pro: Retail Deals. Apr 29, 2022. Photo: Bruce Bennett/Getty Images. Institutional Shareholder Services is advising Kohl's shareholders to vote for two activist investor director candidates at the retailer's annual shareholder meeting on May 11. Why …Richard Collings, author of . Axios Pro: Retail Deals; Share on facebook (opens in new window) Share on twitter (opens in new window) ... Luxury retailer Saks …

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May 7, 2024 · Richard Collings, Retail Reporter. Focuses on deal-related activity within the retail sector for Axios Pro. Formerly: Mergermarket, The Deal, S&P Global Market Intelligence, Fitch Solutions and Adweek

Apr 1, 2024 · Why it matters: The bridal industry is expected to pick up this year after the post-pandemic lull, Axios Pro: Retail's Richard Collings previously reported. What's happening: Laine London , a Black-owned bridal rental business in Chamblee, offers tailored gowns in a way that expands the wedding-gown shopping experience to be more inclusive ... Neiman Marcus has made a number of investments in expanding its supply chain, renovating its stores, launching a new app, and most recently new hybrid workspaces, its CEO Geoffroy van Raemdonck tells Axios.. Why it matters: The Dallas-based luxury retailer has invested $300 million in such efforts since 2021, a sign its …Aug 8, 2022. Gilbert Carrasquillo/GC Images. Fabletics is hinging its next phase of growth on its Yitty clothing partnership, COO Meera Bhatia tells Axios. Why it matters: Yitty, a business venture with recording artist Lizzo, could well position Fabletics' for a public debut — which it was reportedly weighing last year.In today’s fast-paced digital world, news consumption has become more streamlined and convenient than ever before. With traditional print newspapers slowly fading away and online n...Axios Pro Retails Deals reporters Richard Collings and Kimberly Chin will host one-on-one conversations with: Ryan Cotton. Managing Director and Global Head of Consumer-Retail. Bain Capital Private Equity. Bryan …Activist investor Blackwells is preparing to take on the board of fast-food chain Wendy's, as reported by Reuters and confirmed by Axios.. Yes, but: A source familiar with the situation says the article took Wendy's by surprise, noting that activists usually attempt a dialogue first. Of note: Trian, an asset management firm controlled by Nelson Peltz, is …Amazon aggregator Upexi cautious on acquisitions. Richard Collings. , author of. Axios Pro: Retail Deals. Jun 20, 2023. Illustration: Aïda Amer/Axios. Upexi, a publicly listed Amazon aggregator, has a prudent M&A strategy, sticking to its strategy of buying a couple of brands annually and building them into larger businesses, CEO Allan ...Join Axios Pro for two critical conversations on the media and retail industries. First, Retail Deals reporter Richard Collings will sit down with AB InBev's Global Chief Marketing Officer Marcel Marcondes to explore how marketing can have a measurable impact, and when it's smart for brands to cut back on ad spending. Then, …Consumer products company Monolith secured $230 million in financing for acquisitions, including its 12th acquisition that closed Tuesday night, co-CEO Jonathan Shifke tells Axios.. Why it's the BFD: Buyers that can line up the financing will be shopping as discounted valuations and consumer brands facing rising customer acquisition costs …Distressed retail watchlist. Richard Collings. , author of. Axios Pro: Retail Deals. Dec 19, 2022. Illustration: Gabriella Turrisi/Axios. The most scrutinized retailers are rated either CCC+ (S&P and Fitch) or Caa1 (Moody's) and below. State of play: Moody's assigned Caa1 ratings to home goods retailers At Home and Bob's Discount Furniture ...

Oct 27, 2023 · Authentic Brands Group and Shein struck a licensing deal that will have the online retailer produce a line of Forever 21 clothing, Richard writes.. Why it matters: The partnership opens short- and long-term opportunities for the two firms that generate $30 billion and $40 billion in global retail sales, respectively. What they're saying: "Oddity is an example of a company that utilized a short float, cornerstone investors and a long marketing period prior to the roadshow while waiting for a window that they could get out," an industry banker …Shein, the Chinese fast-fashion retailer, is close to raising $2 billion in new funding this month at a $64 billion valuation, with a U.S. IPO potentially slated for later this year, Reuters reports, citing sources. Why it matters: The revised value of the company is quite a few steps down from the $100 billion it was pegged at less than a year ago when …Amazon aggregator Upexi cautious on acquisitions. Richard Collings. , author of. Axios Pro: Retail Deals. Jun 20, 2023. Illustration: Aïda Amer/Axios. Upexi, a publicly listed Amazon aggregator, has a prudent M&A strategy, sticking to its strategy of buying a couple of brands annually and building them into larger businesses, CEO Allan ...Instagram:https://instagram. casters at menards Axios Pro. Axios Pro Exclusive Content Amazon must "find a mass grocery format" that works, Jassy says. Richard Collings, author of . Axios Pro: Retail Deals. Apr 13, 2023. Share on facebook (opens in new window) Share on twitter (opens in new window) Share on linkedin (opens in new window)Apr 10, 2024 · Macy's reached an agreement with activist investor Arkhouse Capital Management, which will withdraw its director nominees. Why it matters: It ends a contentious proxy fight between the department store chain and the investor. The latest: It also settles a lawsuit Tuesday from an institutional shareholder that accused the Macy's board of having ... boone nationals Richard Collings writes the Axios Pro Retail deals newsletter. Start your free trial at AxiosPro.com. Share on facebook (opens in new window) Share on twitter (opens in new window) Share on linkedin (opens in new window) Share on email (opens in new window) Go deeper. News worthy of your time. Download the app. About. vets who dock tails near me Axios Pro Exclusive Content. Richard Collings, Kimberly Chin; 🐪 Happy Hump Day, Retail Readers! Situational awareness: Since June last year, federal officials have seized nearly $1 billion in goods suspected of having ties to forced labor under the Uyghur Forced Labor Prevention Act, CNBC reports. warrington farms Jan 15, 2020 ... Richard Collings, Adweek, Retail Reporter, [email protected] ... Axios, Managing Editor, Business, 2019/10/04. 42, Sergio Stock da Silva ...Mar 31, 2022. Illustration: Aïda Amer/Axios. Collectors Holdings, which authenticates and manages collectibles for hobbyists and investors, raised $100 million in funding at a $4.3 billion valuation, Richard writes. The round comes about a year after the company, at the time named Collectors Universe, was acquired by an investor group led by ... wizard101 olympus Richard Collings. Reporter at Axios, covering the financial activities of retailers, including M&A, IPOs, SPACs, PE, VC, activist investing, distressed situations and more. 1w. Read my exclusive ...Mar 27, 2024. Illustration: Aïda Amer/Axios. Bob Evans Restaurants is working with investment bank Kroll, formerly Duff & Phelps, on a sale process, multiple sources tell Axios. Why it matters: Deal activity in the sector is heating up with consumers returning to pre-pandemic behavior and due to a more stable debt financing market. lowe's home improvement ashland ky Details: The transaction is expected to close in Q4 when Pinstripes stock and warrants will be listed on the NYSE under the ticker symbols PNST and PNST WS, respectively. The combined company is valued at a pro forma EV of about $520 million, at $10 per share. It also includes $20 million in cash upfront from Middleton Partners, an affiliate of ...November 16, 2021. Posted by Chris Roush. Richard Collings. Axios has hired reporter Richard Collings to cover retail. He will be covering mergers and acquisitions, initial … caltech admissions May 5, 2022. Illustration: Gabriella Turrisi/Axios. Food tech company Voyage Foods raised a $36 million Series A round co-led by UBS O'Connor and Level One Fund, the company's CEO and founder Adam Maxwell told Axios. The startup previously raised $6 million and has a pre-money valuation of $85 million, he added.Tre'dish, the Toronto-based restaurant tech provider, is raising a $30 million Series A round, CEO Peter Hwang tells Axios exclusively. Why it matters: Independent restaurant operators need software tools that help them manage costs, like the increase in the price of labor and ingredients. Details: Proceeds from the round, to be raised over …Richard Collings. Reporter at Axios, covering the financial activities of retailers, including M&A, IPOs, SPACs, PE, VC, activist investing, distressed situations and more. 1w. Read my exclusive ... mywashingtonnational Richard Collings, author of . Axios Pro: Retail Deals. Nov 6, 2023. Share on facebook (opens in new window) Share on twitter (opens in new window) ... co-founder Lundyn Carter tells Axios exclusively. Although Laine London was no longer pre-seed, it also knew it wasn't ready to raise a Series A, Carter explains of the loan. ... forecast for salisbury nc Mar 6, 2023 · Arko, one of the largest U.S. convenience store operators, plans more M&A after closing its 23rd acquisition since 2013, its chairman and CEO Arie Kotler tells Axios. Why it matters: The Richmond-based company is participating in what Kotler expects will be an active year of convenience store dealmaking. 8fig, which offers tools and financing to online retailers for supply chain management, raised a $140 million Series B round, co-founder Roei Yellin tells Axios. Why it matters: The Austin, Texas-based startup is providing much-needed financing for early-stage e-commerce companies at a time when working capital is limited and expensive. moreno valley ca news Jul 11, 2023. Illustration: Aïda Amer/Axios. Stylitics, a New York-based provider of digital merchandising and styling software, acquired Wide Eyes Technologies, a visual search engine platform, Stylitics CEO Rohan Deuskar tells Axios exclusively. Why it matters: The transaction boosts Stylitics' platform by adding AI-enabled image recognition ... lowes 1604 blanco Macy's activist investor Arkhouse Management has nominated nine candidates to the retailer's board of directors, Macy's announced Monday morning.. Why it matters: After the department store chain rejected the activist investor's $5.8 billion offer, Arkhouse weighed going directly to shareholders. Details: The director nominations …Peltz is chairman of Wendy's. Details: Blackwells intends to nominate several director candidates to the board, citing both governance and financial performance issues, a second source familiar with the situation says. The activist has previously said that Peltz put in place his son, Matthew, as non-executive vice chairman at Wendy's and ...