Richard collings axios.

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 …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 ...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: …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.

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. …Southern California Edison is planning for electricity demand to rise by more than 80% by 2045, if 90% of vehicles and 95% of buildings go electric. The EV transition is charging ahead, despite hurdles, according to policy makers, company execs and investors at the BloombergNEF summit in San Francisco yesterday, writes Katie.

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.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 ...

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. Jan 26, 2024. Share on facebook (opens in new window) ... CEO Ashley Murphy tells Axios exclusively.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 - Axios. Focuses on deal-related activity within the retail sector for Axios Pro. Formerly: Mergermarket, The Deal, S&P Global Market Intelligence, Fitch Solutions …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 ...

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Jan 8, 2024 · Jan 8, 2024. Illustration: Sarah Grillo/Axios. Wolverine Worldwide aims to conclude a sale process for its footwear brand Sperry by the end of Q1, its CFO Michael Stornant said. Why it matters: The footwear conglomerate has been undergoing a transformation over the past year, selling brands such as Keds, its leathers business and the ...

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 ...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 …Jun 13, 2023 · 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]. 🎙️ Tomorrow: Our Axios Pro colleagues Richard Collings and Kimberly Chin are hosting a live conversation on the Kroger-Albertsons merger. Reserve your spot! Tuesday trivia: Is California's solar market predicted to rise or fall this year? The answer to last week's question: GM began selling its EV1 in 1996. That's a 28-year (and still ...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.

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] 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 ...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.Photo: Paul Morigi/Getty Images for Birkenstock. 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 ...Southern California Edison is planning for electricity demand to rise by more than 80% by 2045, if 90% of vehicles and 95% of buildings go electric. The EV transition is charging ahead, despite hurdles, according to policy makers, company execs and investors at the BloombergNEF summit in San Francisco yesterday, writes Katie.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 ...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

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 ...

Story by Richard Collings • 3d. 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.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. ...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 ...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.Mar 27, 2024 · 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. 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 ... 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 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 ...

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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 …

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.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 ...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 ... 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 …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 ... 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.AXIOS & SONS DEVELOPMENT. P.O. BOX 530. NORTHFIELD ... COLLINGS LAKES AMBULANCE. PO BOX 336. NEWTONVILLE ... RICHARD HOYT RICHARD. 116 THOMAS AVE. NEWTONVILLE.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...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 ...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.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. ...

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. 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 …Apr 2, 2024. Illustration: Sarah Grillo/Axios. Ordergroove, which offers subscription solutions for retailers and brands, will be approaching profitability by this summer, CEO Greg Alvo tells Axios exclusively. Why it matters: The company plans to pursue an IPO and will evaluate where it stands at the end of 2024, he says.Instagram:https://instagram. big shot bob's avalon menu 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 … dagannoth kings Richard Barile was George Jung’s California connection; Jung used Barile in his cocaine smuggling operation with Carlos Lehder and the Colombian cartel. The plan was to smuggle coc...Mar 11, 2024 · 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 ... dispensaries in east lansing 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.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 ... weather forecast in portland maine 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 Richard. Why it matters: The Richmond-based company is participating in what Kotler expects will be an active year of convenience store dealmaking. aaron gilchrist wikipedia 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 … indeed jobs bonita springs Axios Pro: Retail Deals. April 19, 2023 Axios Pro Exclusive Content. Richard Collings, Kimberly Chin; 🐪 Happy Hump Day, Retail Readers!Jun 1, 2023. Illustration: Sarah Grillo/Axios. BurgerFi International, the parent of fast-casual chains BurgerFi and Anthony's Coal Fired Pizza & Wings, hopes to find stability under newly minted CEO Carl Bachmann. Why it matters: The Ft. Lauderdale, Fla.-based restaurant operator is now on its fourth CEO since announcing its intent to go ... allavino wine fridge Axios Pro: Retail Deals. April 19, 2023 Axios Pro Exclusive Content. Richard Collings, Kimberly Chin; 🐪 Happy Hump Day, Retail Readers!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.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. Zoom in: Bob Evans is owned by PE firm Golden Gate … noah kahan brisbane set list 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.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 ... walgreens whooping cough vaccine 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.Axios Pro Exclusive Content Arko fuels up for more acquisitions. Richard Collings, author of . Axios Pro: Retail Deals. Mar 6, 2023. jacob eric salrin 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 ...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 … jamie erdahl salary 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 ...Axios Pro: Retail Deals. April 19, 2023 Axios Pro Exclusive Content. Richard Collings, Kimberly Chin; 🐪 Happy Hump Day, Retail Readers!