Richard collings axios.

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.Jul 1, 2022 ... “Toys R Us creditors' lawsuit proceeds,” Richard Collings, June 29, 2022. https://www.axios.com/pro/retail-deals/2022/06/29/toys-r-us ...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.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 ...White House National Security Council Spokesperson Adrienne Watson told Axios and CNN analyst Barak Ravid, “Iran has begun an airborne attack against Israel.

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 …6 West Collings Drive. 0105_303_5, Avi Financial ... Axios & Sons LLC, 1328 Harding Highway. 0105_4532_1, Axios ... Ferrer, Richard @ Ferrer, Richard Jr, Monroe ...BBBY listed total assets of $4.4 billion and total debt of $5.2 billion as of last November, per court documents. BNY Mellon, which is the trustee for three tranches of nearly $1.2 billion in unsecured bonds, is listed as the top unsecured creditor. Assets include the company's intellectual property, such as brand names Bed Bath & Beyond ...

Subway has a buyer, and the deal for the sandwich shop — valued up to a reported $9.55 billion — is believed to be one of the year's largest in the private equity world.. Why it matters: As the largest U.S. fast-food chain by number of locations, Subway is dealing with a surging set of competitors that have billed themselves as healthy, fast …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. ...

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 ...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's would open its books to the two bidders. …1 big thing: Food-recycling scoop. Food-recycling startup Mill Industries has raised about $70 million towards a $100 million target for a Series C round, two sources familiar with the situation tell Alan and our Pro colleague Richard Collings. Why it matters: Solutions like Mill's help mitigate food loss and waste, which contribute up to 8% of ...🚨#BREAKING: Axios, my happy place, has agreed to sell to Cox Enterprises: — Cash deal values Axios at $525M — Cox will put new money into company to grow biz — Deal structure incentivizes ...

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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 ...

Shares of Birkenstock fell about 8% at the market's open due to what the sandal maker characterized as a modest headwind to its adjusted EBITDA margin despite beating on revenue.. Driving the news: Birkenstock's first earnings since its IPO are closely watched as its performance may reverberate throughout the broader market. It now …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 ...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 …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 …Aug 8, 2022 ... Spence Mehl Quoted in Axios Article on the Current Retail Market with Richard Collings. August 8th, 2022. Spence Mehl Featured in Wealth ...Richard Collings, author of . Axios Pro: Retail Deals. Dec 10, 2023 - Business. Macy's reportedly receives $5.8 billion buyout offer. ... Axios Homepage ...

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.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 …Jan 11, 2023. Illustration: Maura Losch/Axios. GoTab, an Arlington, Va.-based restaurant technology provider, is closing in on completing a Series A round of $15 million, CEO Tim McLaughlin tells Axios exclusively. Why it matters: Investors maintain an appetite for tech startups that help consumer-facing companies either automate or improve the ...1 big thing: Food-recycling scoop. Food-recycling startup Mill Industries has raised about $70 million towards a $100 million target for a Series C round, two sources familiar with the situation tell Alan and our Pro colleague Richard Collings. Why it matters: Solutions like Mill's help mitigate food loss and waste, which contribute up to 8% of ...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 …David's Bridal announced early Monday morning it has filed for Chapter 11 protection in U.S. Bankruptcy Court in New Jersey, under which it will continue a sale process for the company.. Why it matters: …

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 …Jan 18, 2023. Illustration: Shoshana Gordon/Axios. Kevin's Natural Foods, a Modesto, Calif.-based maker of sous-vide entrées, sides, sauces and seasoning blends, is weighing either an IPO or a sale, co-founder Kevin …

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.David's Bridal announced early Monday morning it filed for Chapter 11 protection in U.S. Bankruptcy Court in New Jersey, under which it will continue a sale process for the company.. Why it matters: Distressed situations and bankruptcies in the retail sector are increasing after a relatively quiet 2021 and 2022. Details: David's Bridal …Subway has a buyer, and the deal for the sandwich shop — valued up to a reported $9.55 billion — is believed to be one of the year's largest in the private equity world.. Why it matters: As the largest U.S. fast-food chain by number of locations, Subway is dealing with a surging set of competitors that have billed themselves as healthy, fast …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 ...Story by Richard Collings • 6d. L uxury retailer Saks and its owner, HBC, are closer to inking a deal to acquire rival Neiman Marcus for $3 billion, Axios has confirmed.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 ...

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White House National Security Council Spokesperson Adrienne Watson told Axios and CNN analyst Barak Ravid, “Iran has begun an airborne attack against Israel.

Jan 17, 2024 · 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 ... 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.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 ...Illustration: Sarah Grillo/Axios. Branch Furniture, an online seller of office furniture to individuals and businesses, raised a $10 million Series A led by Springdale Ventures. Why it matters: Office reopenings and home workspace refreshes may be lifting up the industry. Context: Office furniture sales are expected to grow from about $54 ...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 ...... Richard Aidoo of Coastal Carolina University. ... Collings, 1976); Alan Hutchison, China's African ... Axios, July 3, 2020. The twenty-five African countries ...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.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.Jun 2, 2023. Illustration: Aïda Amer/Axios. JPalmer Collective, the asset-based lender that launched earlier this year, is now raising money from institutional investors to support $90 million worth of deals in its pipeline, its CEO Jennifer Palmer tells Axios exclusively. Why it matters: The firm focuses on women-led and founded businesses ... 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. ^ Jump up to: Collings, Anthony (2010). ... ^ Dryzek, John S.; Norgaard, Richard B.; Schlosberg, David (October 24, 2013). ... Axios. Retrieved October 28, 2017. ^ ...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.

As Axios' media reporter for the last six years, Fischer brings …. ... Richard Quest is CNN's foremost international ... 6201 collings drive lockbourne ohio 43137 ...Illustration: Tiffany Herring/Axios. Sandwich shop giant Subway on Thursday said that it's agreed to be acquired by Atlanta-based private equity firm Roark Capital Partners, ending a months-long sales process. Why it matters: This makes Roark one of the world's largest restaurant owners, as it also controls Buffalo Wild Wings, …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.Jan 17, 2024 · 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 ... Instagram:https://instagram. americold leesport Authentic Brands Group plans to let "Reebok be Reebok" after acquiring the sneaker brand from Adidas on March 1, ABG founder and CEO Jamie Salter told Axios' Richard Collings during Thursday's Axios Pro kickoff event.. What he's saying: "We're going to focus very big on the classic entertainment fashion side and the other 50% on … tree sentinel halberd 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 ...Richard Collings, author of . Axios Pro: Retail Deals. Share on facebook (opens in new window) ... Share on email (opens in new window) Illustration: Aïda Amer/Axios. Employees at big box retailers are finding allies among activist investors, as some banners move to reduce paid sick days. find your mugshot 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 ... pizza hut slocomb al 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.1 big thing: Food-recycling scoop. Food-recycling startup Mill Industries has raised about $70 million towards a $100 million target for a Series C round, two sources familiar with the situation tell Alan and our Pro colleague Richard Collings. Why it matters: Solutions like Mill's help mitigate food loss and waste, which contribute up to 8% of ... 5e eladrin Dec 11, 2023 · Richard Collings, author of . Axios Pro: Retail Deals. Dec 10, 2023 - Business. Macy's reportedly receives $5.8 billion buyout offer. ... Axios Homepage ... Feb 7, 2024 · 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 ... chuck shumer zyn Jan 11, 2024. Illustration: Rebecca Zisser/Axios. E-commerce tech company Rokt agreed to acquire AfterSell and its Shopify upsell app, CEO Bruce Buchanan tells Axios exclusively. Driving the news: Rokt continues to scale and make acquisitions as it prepares for an IPO. Details: While the deal's valuation was not disclosed, it was a combination ...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 … jailtracker fayette co ky 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.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 ...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 ... lil loaded gravesite 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 …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. house with breezeway to garage It is hard to establish how many companies are owned by Richard Branson himself. The investment group he founded, Virgin, comprises around 400 different operations, according to th...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 aracely's sazon colombian restaurant 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. 3d. Scoop: Unleashed Brands, a platform for experiential retail concepts that foster youth development, has agreed to acquire Sylvan Learning, Axios has … vigilance gummy bears 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 ...State of play: Broadly speaking, the mid-tier segment serves the middle class. It falls between luxury and discount and sells mass-market brands like Levi's, Tommy Hilfiger, etc. This space consists of regional banners such as Boscov's, Belk and Dillard's, as well as national names like JCPenney, Macy's and Kohl's.