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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 ...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 ...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 … Ask the newsroom: Kroger-Albertsons merger. Wednesday, February 7th, 2024. 12:30pm - 1:00pm ET. Richard Collings. Retail Reporter, Axios Pro. Kimberly Chin. Retail Reporter, Axios Pro. Join us for a virtual conversation and live Q&A with Axios Pro Retail Deals reporters to get the latest news surrounding the Kroger-Albertsons merger. Zevia is studying potential of distribution partnerships. Richard Collings. , author of. Axios Pro: Retail Deals. Jul 20, 2023. Illustration: Victoria Ellis/Axios. Zevia (NYSE: ZVIA), the maker of natural, zero-sugar beverages, is doing its "homework" to bring aboard a new distribution partner, CEO Amy Taylor tells Axios.

Mar 19, 2024. Photo: Michael M. Santiago/Getty Images. Macy's signed a confidentiality agreement with Arkhouse Management and Brigade Capital Management, a spokesperson for the retailer confirmed to Axios. Why it matters: The two firms can now begin due diligence on the iconic department store. Zoom in: Reuters reported earlier today that Macy ...The Federal Trade Commission isn't likely to decide until February on whether to challenge Kroger's proposed $25 billion tie-up with Albertsons, a source close to the FTC's thinking says.. Why it matters: It looks like the grocery mega-merger is on hold for at least a while longer. Meanwhile, the Washington state attorney general is expected to …

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.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 …

Richard Collings writes the Axios Pro Retail deals newsletter. Start your free trial at AxiosPro.com. Share on facebook (opens in new window)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. …Axios Pro: Retail Deals. Aug 10, 2023. A new Michael Kors store in London in July. Photo: Mike Kemp/In Pictures via Getty Images. Tapestry, the parent of Coach, will acquire Capri, parent of Michael Kors and Versace, in a deal valued at $8.5 billion. Why it matters: The deal creates a U.S. luxury conglomerate with $12 billion in sales and $2 ...Ask the newsroom: Kroger-Albertsons merger. Wednesday, February 7th, 2024. 12:30pm - 1:00pm ET. Richard Collings. Retail Reporter, Axios Pro. Kimberly Chin. Retail Reporter, Axios Pro. Join us for a virtual conversation and live Q&A with Axios Pro Retail Deals reporters to get the latest news surrounding the Kroger-Albertsons merger.Richard Collings. Verified. Reporter, Axios. New York. Business and Finance. As seen in: Axios, MSN (US), Yahoo News, Adweek, Frontiers, Flipboard, Journal of Foot and Ankle …

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Following Bolthouse Farms' split into two companies, the CPG business Generous Brands plans to make bolt-on acquisitions, its chairman, Jeffrey Dunn, tells Axios. Why it matters: On the consumer side, there is a roll-up opportunity with several beverage companies likely to come to market over the next two years.

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 Richard. Why it matters: The Richmond-based company is participating in what Kotler expects will be an active year of convenience store dealmaking.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 ...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 …Anthony Richards catalog is a great source for finding the perfect essentials for any occasion. Whether you’re looking for something special to wear to a party or just want to upda...Feb 20, 2024. Photo: Gary Hershorn/Getty Images. 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.

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.Although the merger of Kroger and Albertsons would create a national grocery juggernaut, some markets would be more affected than others — and some not affected at all, Richard and Axios' Erin Davis write.. Why it matters: When two of the largest food retailers propose a merger during a time of food inflation, antitrust scrutiny and …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.On Tuesday, June 28, Axios Pro Retail Deals reporters Kimberly Chin and Richard Collings led conversations highlighting scoops and top stories from the second quarter in Retail deals. Guests included Meta global business group vice president Eva Press and Macellum Capital Management CEO Jonathan Duskin. Eva Press discussed new ways retailers ...White House National Security Council Spokesperson Adrienne Watson told Axios and CNN analyst Barak Ravid, “Iran has begun an airborne attack against Israel.

Austin-based jewelry company Kendra Scott is seeking capital to fund its expansion plans, CEO Tom Nolan tells Axios Pro's Richard Collings exclusively. Driving the news: It would not be surprising if Kendra Scott enters into a transaction this year, which would give it "gas" to put on the "fire," Nolan says.

The branches of Dollar Tree's settlement. Richard Collings. , author of. Axios Pro: Retail Deals. Mar 10, 2022. Illustration: Sarah Grillo/Axios. Dollar Tree's board reshuffle shows that activist hedge funds come in all shapes and sizes, and that the quality of a board slate plays a huge role in deciding whether a proxy fight is worth the ...Jan 8, 2024. Illustration: Shoshana Gordon/Axios. Authentic Brands Group could be a public company within the next 18 months, CEO Jamie Salter said at the ICR Conference being held in Orlando. Why it matters: While still shaky, the IPO market is expected to rebound this year. Details: Temasek and QIA quietly invested in Authentic at the end of ...Oct 25, 2020 ... ... Richard Dean. BP101177 - Gaglioti, Tonino ... Axios Services (Aust) Pty Ltd. 6 Mcdonald ... Collings, John Gordon. 3a Sue Ellen Pl, BALCATTA WA.Bobo's, the Loveland, Colo.-based company known for its oat bars, is still preparing for a sale, potentially later this year, CEO T.J. McIntyre tells Axios exclusively.. Why it matters: It is a widely watched middle market transaction in the making that even the bulge bracket investment banks are courting.Jan 10, 2024 · GoTab is raising up to $50 million in a Series B financing this summer, CEO Tim McLaughlin tells Axios exclusively. Driving the news: The startup will see its valuation double in this round, which is notable in a difficult fundraising environment. How it works: Arlington, Va.-based GoTab offers point-of-sale, kitchen display system, kiosk ... 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. Jul 7, 2021 ... ... Axios Inc. 10,000.00. $. 11/16/2020 ... RICHARD. 5,000.00. $. 11/27/2020 $ 5,000.00 ... COLLINGS CONTRACTING TECHNOLOGIES, LLC. COLLINGS CONTRACTING ...Illustration: Sarah Grillo/Axios. Ampla raised $258 million from Goldman Sachs and Atalaya Capital Management to provide consumer brands with lines of credit, CEO Anthony Santomo tells Axios. Why it matters: Startups have faced one of the most difficult fundraising environments in a decade and traditional banks have cut back on providing loans.Swap, a SaaS platform managing supply chain logistics for DTC retailers, raised a $9 million Series A, co-founder Sam Atkinson tells Axios. Why it matters: The startup helps online retailers manage returns, which amounted to $212 billion worth of products in 2022, and reduce losses tied to return fraud. By the numbers: In 2023, annual recurring ...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 ...

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Ampla raised $258 million from Goldman Sachs and Atalaya Capital Management to provide consumer brands with lines of credit, CEO Anthony Santomo tells Axios.. Why it matters: Startups have faced one of the most difficult fundraising environments in a decade and traditional banks have cut back on providing loans. …

Jun 22, 2022. Data: Refinitiv; Chart: Kavya Beheraj/Axios. As investors wring their hands over the possibility of an economic downturn, retail M&A is surprisingly robust — even surpassing last year's total at this point. There's been about $29 billion in deal value transacted as we near 2022's halfway marker, according to data provided by ...Richard Collings Reporter at Axios, covering the financial activities of retail and CPG companies, including M&A, IPOs, PE, VC, activist investing, distressed situations and more. 1yMartech 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.Austin-based jewelry company Kendra Scott is seeking capital to fund its expansion plans, CEO Tom Nolan tells Axios Pro's Richard Collings exclusively. Driving the news: It would not be surprising if Kendra Scott enters into a transaction this year, which would give it "gas" to put on the "fire," Nolan says.Saudi project worth $63B seeks North American retail partners, investors. The Diriyah project, a $63.2 billion real estate development near Riyadh, is pursuing investment from outside Saudi Arabia, Diriyah Company president Mohamed Saad tells Axios exclusively. Why it matters: The company is already in talks with North American retailers like ...Richard Collings, author of . Axios Pro: Retail Deals; 8 mins ago. Share on facebook (opens in new window) Share on twitter (opens in new window) ... Jeffrey Dunn, tells Axios. Why it matters: On the consumer side, there is a roll-up opportunity with several beverage companies likely to come to market over the next two years. Zoom in: ...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 ...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 ...Austin-based jewelry company Kendra Scott is seeking capital to fund its expansion plans, CEO Tom Nolan tells Axios Pro's Richard Collings exclusively.. Driving the news: It would not be surprising if Kendra Scott enters into a transaction this year, which would give it "gas" to put on the "fire," Nolan says. "We would make a great public …Richard Collings Reporter at Axios, covering the financial activities of retail and CPG companies, including M&A, IPOs, PE, VC, activist investing, distressed situations and more. 1y Edited 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.

Richard Collings Reporter at Axios, covering the financial activities of retail and CPG companies, including M&A, IPOs, PE, VC, activist investing, distressed situations and more. 12h Upper90 targets $350M for third fund. Richard Collings. , author of. Axios Pro: Retail Deals. Nov 16, 2022. Illustration: Sarah Grillo/Axios. Upper90, a New York-based hybrid credit firm, intends to raise a total of $350 million, its co-founder and CEO Billy Libby tells Axios. Why it matters: Alternative financing for digital startups has been ...Jan 10, 2024 · GoTab is raising up to $50 million in a Series B financing this summer, CEO Tim McLaughlin tells Axios exclusively. Driving the news: The startup will see its valuation double in this round, which is notable in a difficult fundraising environment. How it works: Arlington, Va.-based GoTab offers point-of-sale, kitchen display system, kiosk ... Instagram:https://instagram. glock 43 parts Richard Collings Reporter at Axios, covering the financial activities of retailers, including M&A, IPOs, SPACs, PE, VC, activist investing, distressed situations and more. 1d Edited nana dividend 2023 Jan 17, 2024. Illustration: Aïda Amer/Axios. Hotworx, formerly Planet Beach Franchising, is working with investment bank Houlihan Lokey as it weighs a capital raise, its CEO Stephen Smith tells Axios exclusively. Why it matters: Asset-light franchise models have become increasingly popular through the pandemic because they boost profit margins ... tcgplayer login Richard Collings, author of . Axios Pro: Retail Deals. Dec 10, 2023 - Business. Macy's reportedly receives $5.8 billion buyout offer. ... Axios Homepage ... dave's market cumberland ri Neiman Marcus Group said Wednesday it will end its commercial partnership with online luxury retailer Farfetch. Why it matters: It's a switch in fortunes for the two companies, one largely physical, the other largely digital. Catch up fast: Nearly two years ago, high-flying Farfetch invested $200 million into Neiman Marcus in exchange for a ...Jul 6, 2022 · On Tuesday, June 28, Axios Pro Retail Deals reporters Kimberly Chin and Richard Collings led conversations highlighting scoops and top stories from the second quarter in Retail deals. Guests included Meta global business group vice president Eva Press and Macellum Capital Management CEO Jonathan Duskin. Eva Press discussed new ways retailers ... aita for yelling at my sister over her husband Axios Pro Exclusive Content Arko fuels up for more acquisitions. Richard Collings, author of . Axios Pro: Retail Deals. Mar 6, 2023. dave and busters arlington tx 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. baycare bardmoor Apr 20, 2023. Photo: Courtesy of Gainful. Gainful, a provider of performance nutrition products, plans to raise around $20 million to $30 million in the second half of the year, its CEO Dean Kelly tells Axios exclusively. The big picture: Gainful's move is part of a larger trend of DTC brands expanding into retail and wholesale because ...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. ... rdr2 outfit ideas 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. how much do shipt drivers make Anthony Richards catalog is a great source for finding the perfect essentials for any occasion. Whether you’re looking for something special to wear to a party or just want to upda... roadhouse waco Jul 7, 2021 ... ... Axios Inc. 10,000.00. $. 11/16/2020 ... RICHARD. 5,000.00. $. 11/27/2020 $ 5,000.00 ... COLLINGS CONTRACTING TECHNOLOGIES, LLC. COLLINGS CONTRACTING ... lcbc pastor salary 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. 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 Richard. Why it matters: The Richmond-based company is participating in what Kotler expects will be an active year of convenience store dealmaking.Italian eyewear manufacturer Marcolin is attracting suitors in a sale process first reported by Reuters, including Kering, Essilor Luxottica, Safilo and Marchon, the FT reports.. Why it matters: The company, which is owned by PE firm PAI Partners, is seeking a valuation of up to €1.3 billion, per the FT. Yes, but: The valuation may be a friction …