2024 Richard collings axios

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.. Upper lip is twitching

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 ...Details: "The plan is to go public in a couple of years at a $10 billion to $15 billion market cap," Glaser says. The Berkeley, Calif.-based company, which has raised about $100 million, will raise additional funding ahead of a listing, he notes, declining to provide further details. How it works: Grabango uses computer vision to track a store ...Aug 18 — Profits held up far better in Q2 than folks on Wall Street expected, Axios' Matt Phillips writes. ... Richard Collings; Happy Friday, Retail readers ...Dianthus, an AI-fueled e-commerce platform, is eyeing more acquisitions of digitally native brands this year as it nears the close of a Series A round, CEO Chris Litster tells Axios. Driving the news: Most tech companies aim to sell their solutions to clients, but Dianthus is buying these businesses instead to better control the data, Litster says. ...Richard Collings writes the Axios Pro Retail deals newsletter. Start your free trial at AxiosPro.com. Share on facebook (opens in new window)Pantastic, which provides e-commerce tools and services to independent brands, raised $18 million in equity and debt financing led by B Capital Group. Why it matters: Indie brands, which boast more sustainable, locally sourced production methods and ingredients, are experiencing rapid growth along with the companies that empower them.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 ...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 ...Apr 29, 2024 · Apr 29, 2024. Illustration: Sarah Grillo/Axios. The Federal Trade Commission showed its commitment to evolving the law on mergers when it came out against Tapestry's acquisition of Capri Holdings, experts tell Axios. Why it matters: Changing how the courts think about antitrust is a yearslong process and involves taking on harder-to-argue cases. The total value of announced deals in the consumer staples sector, which includes Mondelez's $2.9 billion acquisition of Clif Bar, is down by nearly half compared to last year, according to Refinitiv data. The number of transactions is also down, with 190 so far this year compared to 270 at this point last year.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 …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: ...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 …Richard Collings writes the Axios Pro Retail deals newsletter. Start your free trial at AxiosPro.com. Share on facebook (opens in new window)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 ... 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 ... A federal judge has set the date for the Federal Trade Commission's antitrust case against Amazon for October 2026.. Why it matters: The outcome of the regulator's lawsuit will have wide-ranging reverberations throughout the tech world and M&A. Details: The FTC asked U.S. District Judge John Chun in Seattle for the parties to trial ready by …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 ... Chord puts data at the core of its commerce platform. Richard Collings. , author of. Axios Pro: Retail Deals. May 30, 2023. Illustration: Rebecca Zisser/Axios. Chord has developed a commerce infrastructure platform-as-a-service (PaaS) for DTC brands too small to support large expensive tech teams, CEO Bryan Mahoney tells Axios.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 EditedMacy'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's would open its books to the two bidders. …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. 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. Manscaped, a men's grooming brand, and SPAC Bright Lights Acquisition Corp. mutually agreed to terminate their planned merger. Why it matters: While SPACs remain more active than IPOs, deal cancellations continue to mount. State of play: More than 40 SPACs have been terminated since the beginning of the year, Bloomberg r …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 ...Illustration: Brendan Lynch/Axios. The Federal Trade Commission sued today to block Tapestry's $8.5 billion acquisition of Michael Kors' parent Capri Holdings. Why it matters: The move by the regulator underscores just how tough its chair Lina Khan continues to be on industry consolidation. Catch up quick: Tapestry owns Coach, Kate Spade and ...Richard Collings, author of . Axios Pro: Retail Deals. Jan 12, 2024. Share on facebook (opens in new window) ... Karls tells Axios, speaking from the conference's sidelines. He notes the Canadian government plays a role in helping startups based there, due to the difficulty they have in raising money.Experience: Axios · Education: Columbia University in the City of New York · Location: New York · 500+ connections on LinkedIn. View Richard Collings’ profile on LinkedIn, a professional ...Richard Collings; Happy Friday, Retail readers. Research associate Natalie Breymeyer here with your weekly digest. ... Aug 18 — Profits held up far better in Q2 than folks on Wall Street expected, Axios' Matt Phillips writes. Why it matters: Corporate America's resilient bottom line is another indication that the economy could pull off the ...Richard Collings - Axios. Focuses on deal-related activity within the retail sector for Axios Pro. Formerly: Mergermarket, The Deal, S&P Global Market Intelligence, Fitch Solutions …Portland is among the markets most likely to be affected by the merger of Kroger and Albertsons. Why it matters: The companies are two of the country's largest food retailers, and their proposed merger during a time of food inflation has triggered scrutiny. Driving the news: Earlier this month, S&P Global Ratings said the number of stores the ...Patagonia's new shareholder is the Earth. Richard Collings. , author of. Axios Pro: Retail Deals. Sep 15, 2022. Robert Alexander/Getty Image. Patagonia 's founder Yvon Chouinard announced plans to transfer ownership of the outdoor clothing retailer to the Patagonia Purpose Trust and the Holdfast Collective. Why it's the BFD: It doesn't …Why it matters: While Macy's had a strong third quarter relative to its past performance, the department store category remains deeply troubled, Axios' Richard Collings reports. Macy's reportedly received a $5.8 billion take-private offer from an investor group that includes Arkhouse Management and Brigade Capital Management last month.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.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. …Richard Collings, author of . Axios Pro: Retail Deals. Aug 4, 2023. Share on facebook (opens in new window) Share on twitter (opens in new window) ... Axios had previously identified Roark as one of the bidders. Details: The bankers are still aiming for a purchase price between $9 billion and $10 billion, ...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. 1yMacy'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's would open its books to the two bidders. …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 …Activist investor Macellum Capital Management is raising a private equity fund of between $150 million and $200 million to invest in companies owned or led by Black or other minority leaders, founder Jonathan Duskin tells Axios.Richard Collings, author of . Axios Pro: Retail Deals. Jan 31, 2024. Share on facebook (opens in new window) ... Illustration: Sarah Grillo/Axios. Exit Content Preview. Above Food is in the process of raising $35 million to fund working capital and inventory, president Martin Williams said at the ICR Conference held in Orlando. Why it …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 ...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 ...Richard Collings writes the Axios Pro Retail deals newsletter. Start your free trial at AxiosPro.com. Share on facebook (opens in new window)Liberation Labs, a New York City-based provider of precision fermentation, expects to pull in about $50 million for its Series A set to close in Q1, CEO Mark Warner tells Axios exclusively.. Driving the news: The USDA recently awarded Ameris Bank a $25 million loan guarantee to finance Liberation Labs' biomanufacturing facility. Catch up …... Axios. 1001 ... Economic Update with Richard D ... The Collings and Herrin ...Mar 5, 2024. Photo: Justin Sullivan/Getty Images. There's a strong case for Macy's to launch a formal sale process while there's still something left to be sold. Why it matters: Its latest reinvention tour is a rehash of old hits: smaller store footprints, more of a focus on luxury, digital integration, and more store closings.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 ...Richard Collings, author of . Axios Pro: Retail Deals. Share on facebook (opens in new window) Share on twitter (opens in new window) ... Kenneth Rosen, partner at Lowenstein Sandler, tells Axios. By the numbers: Private equity activity in consumer retail totaled about $13.7 billion during the first three quarters of 2021, ...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.Scoop: FTC unlikely to weigh in on Kroger-Albertsons before February. 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 ...Richard Collings, author of . Axios Pro: Retail Deals. Apr 4, 2022. Share on facebook (opens in new window) Share on twitter (opens in new window) ... raised $1 billion round at a $100 billion valuation, a source briefed on the matter confirms to Axios, adding that the funding was put together over the last several months. Why it matters: This ...Richard Collings, author of . Axios Pro: Retail Deals. Jul 27, 2022. Share on facebook (opens in new window) Share on twitter (opens in new window) Share on linkedin (opens in new window) Share on email …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. 1yAre 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...Jan 7, 2024 ... ... Axios Wavelength Dispersive spectrometer ... Gormley, I. P.; Collings, P.; Davis ... Richard S. Nature (London) (1998), 392 (6679), 933-936 ...Jan 11, 2024 · Scoop: FTC unlikely to weigh in on Kroger-Albertsons before February. 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 ... Toys R Us creditors' lawsuit proceeds. Richard Collings. , author of. Axios Pro: Retail Deals. Jun 29, 2022. Photo: Tim Boyle/Getty Images. U.S. bankruptcy judge Keith Phillips gave a lawsuit brought by Toys R Us creditors against the company's former executives tied to the toy retailer's 2017 bankruptcy the green light to go to trial.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, …Scoop: FTC unlikely to weigh in on Kroger-Albertsons before February. 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 ...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 …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, author of . Axios Pro: Retail Deals. Apr 18, 2024. Share on facebook (opens in new window) ... Shoshana Gordon/Axios. Exit Content Preview. 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 …Richard Collings; Happy Friday, Retail readers. Research associate Natalie Breymeyer here with your weekly digest. ... Aug 18 — Profits held up far better in Q2 than folks on Wall Street expected, Axios' Matt Phillips writes. Why it matters: Corporate America's resilient bottom line is another indication that the economy could pull off the ...Mar 5, 2024. Photo: Justin Sullivan/Getty Images. There's a strong case for Macy's to launch a formal sale process while there's still something left to be sold. Why it matters: Its latest reinvention tour is a rehash of old hits: smaller store footprints, more of a focus on luxury, digital integration, and more store closings.Oct 25, 2020 ... ... Richard Dean. BP101177 - Gaglioti, Tonino ... Axios Services (Aust) Pty Ltd. 6 Mcdonald ... Collings, John Gordon. 3a Sue Ellen Pl, BALCATTA WA.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.CPG portfolio pruning points to active middle market. Richard Collings. , author of. Axios Pro: Retail Deals. Feb 27, 2023. Photo: Daniel Acker/Bloomberg via Getty Images. Consumer packaged goods conglomerates continued to present at CAGNY on their respective M&A strategies through Friday last week, outlining plans for both acquisitions and ...We would like to show you a description here but the site won’t allow us.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. …Photo: Courtesy of Luum. Luum Precision Lash, which makes robots that apply eyelashes, will raise a Series A round between $15 million and $30 million, CEO Nathan Harding tells Axios exclusively. Why it matters: Proceeds will be invested in producing a commercial machine in the U.S. and delivering it to retailers, salons and …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 ... Portland is among the markets most likely to be affected by the merger of Kroger and Albertsons, Axios' Richard Collings and Erin Davis write. Why it matters: The companies are two of the country ...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 …Richard Collings, author of . Axios Pro: Retail Deals. Mar 30, 2022. Share on facebook (opens in new window) ... But Figs would prefer to stay public, as PE's focus is to cut costs, cofounder and co-CEO Heather Hasson tells Axios. That's because the company doesn't want to be constrained as it pursues expansion in the U.S., where it …Richard Collings, author of . Axios Pro: Retail Deals. Jul 27, 2022. Share on facebook (opens in new window) Share on twitter (opens in new window) Share on linkedin (opens in new window) Share on email …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 ...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 …Dec 6, 2023 · Dec 6, 2023. Illustration: Tiffany Herring/Axios. Liberation Labs, a New York City-based provider of precision fermentation, expects to pull in about $50 million for its Series A set to close in Q1, CEO Mark Warner tells Axios exclusively. Driving the news: The USDA recently awarded Ameris Bank a $25 million loan guarantee to finance Liberation ... By the numbers: Bartesian's products, including machines and pods, have been on the market for three years, generating over $16 million in direct revenue in 2020 and $32 million in 2021, Close says. Bartesian expects to generate revenue of $60 million this year and $100 million next year, based on distribution deals inked with the likes of ...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 ...Humble Growth raises first fund of $312M. Richard Collings. , author of. Axios Pro: Retail Deals. Sep 19, 2023. Illustration: Aïda Amer/Axios. Humble Growth is a newly minted investment firm formed by three CPG veterans — including Orgain founder Andrew Abraham, RXBar founder Peter Rahal and lawyer Nick Giannuzzi.Sep 7, 2023. Photo: Courtesy of Meati. Meati Foods, a Boulder, Colo.-based maker of plant-based meat, has raised a Series C extension, CEO Tyler Huggins tells Axios exclusively. Why it's the BFD: Funding of meat alternative startups was expected to decline in tandem with sales, which had fallen 7.3% year over year as of July, according to Circana.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 ... 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 ... 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.Shein attempts makeover under a barrage of criticism. Richard Collings. , author of. Axios Pro: Retail Deals. Jul 10, 2023. Photo: Christophe Archambault/AFP via Getty Images. Fast-fashion giant Shein is attempting to revamp its public image — and the view of an industry that has been heavily criticized for its environmental and labor practices.Axios has hired reporter Richard Collings to cover retail. He will be covering mergers and acquisitions, initial public offerings, private equity and other situations related to retail. Collings previously was a retail reporter at Adweek. He also worked at LevFin Insights as a reporter for a year and at S&P Global Markets covering retail and …Richard Collings, author of . Axios Pro: Retail Deals. Feb 13, 2023. Share on facebook (opens in new window) ... Catch up fast: Though the deal allows for the separation of up to 650 locations, sources told Axios in November that the number would likely be closer to 375, and that the discrepancy was in effect a negotiating tactic.Apr 29, 2024 · Apr 29, 2024. Illustration: Sarah Grillo/Axios. The Federal Trade Commission showed its commitment to evolving the law on mergers when it came out against Tapestry's acquisition of Capri Holdings, experts tell Axios. Why it matters: Changing how the courts think about antitrust is a yearslong process and involves taking on harder-to-argue cases. 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. 1mo. Macy's ...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.

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 .... Ttec uniontown

AXIOS & SONS DEVELOPMENT. P.O. BOX 530. NORTHFIELD ... COLLINGS LAKES AMBULANCE. PO BOX 336. NEWTONVILLE ... RICHARD HOYT RICHARD. 116 THOMAS AVE. NEWTONVILLE.Jun 13, 2023 · Portland is among the markets most likely to be affected by the merger of Kroger and Albertsons. Why it matters: The companies are two of the country's largest food retailers, and their proposed merger during a time of food inflation has triggered scrutiny. Driving the news: Earlier this month, S&P Global Ratings said the number of stores the ... 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...Richard Collings Reporter at Axios, covering the financial activities of retailers, including M&A, IPOs, SPACs, PE, VC, activist investing, distressed situations and more. 9mo EditedJan 20, 2023 · ICR takeaway: It's a strategic buyers' market. Richard Collings. , author of. Axios Pro: Retail Deals. Jan 20, 2023. Illustration: Annelise Capossela/Axios. Strategic buyers dominated conversations as ICR's annual gathering in Orlando wound down last week. Why it matters: After having several months to adjust to the reality of lower multiples ... Jun 7, 2022. Illustration: Aïda Amer/Axios. Kohl's (NYSE: KSS) entered into exclusive negotiations with Franchise Group (Nasdaq: FRG) and its finance partners for a three-week period, the company said Monday. The talks are tied to the bidder's $60 per share final proposal. Why it matters: The long-running auction is approaching its end game. 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. 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 ...Express, a mall-based clothing retailer, filed for Chapter 11 bankruptcy protection in Delaware, it said in a statement this morning. The big picture: The filing facilitates a sale to a group led by brand management firm WHP Global that includes mall operators Simon Property Group and Brookfield Properties. To facilitate the deal, …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 ...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.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 ….

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