Richard collings axios.

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, …

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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.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. 1y1. Traub Capital takes Sabatino stake. Traub Capital Partners is taking a significant stake in truffle specialist Sabatino Tartufi, Traub co-managing partner Mortimer Singer told Richard exclusively Wednesday. Why it matters: With the investment, the New York-based PE firm has nearly deployed all the capital raised for its first fund and now ...

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.

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.

Richard Collings, author of . Axios Pro: Retail Deals. Jul 28, 2022. Share on facebook (opens in new window) ... Illustration: Brendan Lynch/Axios. Exit Content Preview. Society Brands, an Amazon and e-commerce aggregator, is seeking acquisitions of sellers of essential products headed into the second half of the year, ...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 ...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 …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. 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. [email protected].

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.

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.

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, …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 ... 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 ... Sievo, a Finnish procurement analytics SaaS provider, secured $44 million in growth equity from Susquehanna Growth Equity, the investor tells Axios.. Why it's the BFD: Sievo says the sale of the minority stake is the first time in the company's 18-year history that it has raised money. It is timed to the urgent demand for analytics as …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 ...Jan 29, 2024 · By the numbers: PitchBook reports the number of fintech exits declined 22.2%, to 185, in 2023, while VC exit value fell 76.1%, to $5.9 billion, during the year. Exit value in the sector fell to its lowest level since 2016, and the number of deals completed is at its lowest count since 2020. Fintech M&A activity declined for the second straight ...

Jan 11, 2024 · 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 ... 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 …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 ...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 ...1y. 🚨 #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 — …

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 ...

Jan 11, 2024 · 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 ... 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 …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 ...May 13, 2020 ... React, axios,PHP and MySQL CRUD application ... Collings Kamanga, Triggur MW, Chris Lamy, Kublai ... Richard G. Friday, Wakixa Maléma, Raylence ...Jan 11, 2024 · 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 ... 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.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. …

Jan 16, 2024. Shoshana Gordon/Axios. Fast-casual chain Just Salad is interviewing investment banks to start a sale process, a source close to its thinking tells Axios. Driving the news: Just Salad checks several boxes of an attractive investment profile: growth, profitability, and a focus on healthy food and sustainability.

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, ...

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.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 ...Oct 11, 2023. Illustration: Aïda Amer/Axios. Liberation Labs, a New York City-based provider of precision fermentation, is lining up as much as $75 million in financing, which includes a Series A round, CEO Mark Warner tells Axios exclusively. Why it matters: The startup is betting a known technology can be scaled to produce animal-free food ...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.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.Apr 20, 2023 · 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 ... 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 …AXIOS & SONS DEVELOPMENT. P.O. BOX 530. NORTHFIELD ... COLLINGS LAKES AMBULANCE. PO BOX 336. NEWTONVILLE ... RICHARD HOYT RICHARD. 116 THOMAS AVE. NEWTONVILLE.Nov 21, 2023. Illustration: Sarah Grillo/Axios. McDonald's paid $1.8 billion for Carlyle's minority stake in a group that operates the chain's business in mainland China, Hong Kong and Macau, per a source familiar with the deal. Why it matters: The deal comes as many PE and VC firms are pulling away from China, in part due to fears that they ...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 …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.

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...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 ...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 ...Feb 16, 2024. Illustration: Natalie Peeples/Axios. 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.Instagram:https://instagram. pike county ky jailaaron singermanleflore county sheriff departmentnathan leuthold 1. Traub Capital takes Sabatino stake. Traub Capital Partners is taking a significant stake in truffle specialist Sabatino Tartufi, Traub co-managing partner Mortimer Singer told Richard exclusively Wednesday. Why it matters: With the investment, the New York-based PE firm has nearly deployed all the capital raised for its first fund and now ... mymohawk emailsplash and spark prodigy White House National Security Council Spokesperson Adrienne Watson told Axios and CNN analyst Barak Ravid, “Iran has begun an airborne attack against Israel. hottest fox news anchorwoman Oct 11, 2023. Illustration: Aïda Amer/Axios. Liberation Labs, a New York City-based provider of precision fermentation, is lining up as much as $75 million in financing, which includes a Series A round, CEO Mark Warner tells Axios exclusively. Why it matters: The startup is betting a known technology can be scaled to produce animal-free food ...Activists unpack SpartanNash. Richard Collings. , author of. Axios Pro: Retail Deals. Mar 24, 2022. Illustration: Shoshana Gordon/Axios. Activist investors Macellum Capital Management and Ancora Holdings Group will file a definitive proxy statement to shake up grocery chain SpartanNash's (Nasdaq: SPTN) board.