Richard collings axios.

Nov 21, 2023 · 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 ...

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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.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 ...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.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 ... 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 Martie. 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.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.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.

Bed Bath & Beyond's time is running out. 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 ...

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.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.Saks' rejected bid for Neiman Marcus consisted of a $2.1 billion cash component, with up to $1 billion in subordinated debt financing, a source close to the deal tells Axios.. Why it matters: Neiman wants a cleaner, mostly cash deal and the two parties remain on opposite sides of the deal table, sources tell Axios. Zoom in: HBC-owned …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 ...

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].

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 ...

Dec 14, 2020 ... Richard & Julie Ufford. Circle of Integrity. Circle of Integrity donors gave $1,500 or more. Douglas & Joan. Allston. Richard & Shirley. Brooks.Axios has been hinting at plans to launch a premium subscription product since the very beginning. ... The Pro newsletters also feature advertising and a few personal touches, like retail reporter Richard Collings including a photo of a pregame ceremony for the Kansas City Chiefs his family participated in.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 ...The right of David Andrew Thomas Collings to be identified as Author of this work has been ... Richard Walshaw and Eric Condliffe on the probe/SEM, particularly ...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 ...Richard Collings’ Post Richard Collings Reporter at Axios, covering the financial activities of retailers, including M&A, IPOs, SPACs, PE, VC, activist investing, distressed situations and more.

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.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. 12hApr 10, 2023 ... Sam Collings-Wells is a Ph.D. candidate in ... Newsy, Politico, Axios, The Information, Protocol, The Washington Examiner and many others.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, …Kohl's shareholders voted to re-elect all 13 of the department store's nominees, according to a preliminary count following Wednesday's annual shareholder meeting, beating out activist investor Macellum's slate.. Why it matters: The shareholder vote and results of the board election play a critical role in the future of the company, as …Jan 28, 2024 ... ... Axios' Richard Collings reports, citing a source familiar with the matter. Opening Day” is The Fly's recurring series of stories on the ...Apr 1, 2023 ... Copyright (c) 2002, Richard Boulton. libpq ... Axios is licensed under the MIT License (Ex. ... 23). Copyright (c) 2014-present Stephen J. Collings, ...

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 ...

Are you looking for the latest trends in fashion? Look no further than the new Anthony Richards clothing catalog. This catalog features a wide variety of stylish and trendy clothin...Driving the news: Coca-Cola was recently reported by Bloomberg to be preparing its African operations for an IPO as early as next year at an $8 billion valuation. Yes, but: A sale is also on the table, with timing yet to be determined, says the source close to the company. An IPO of the African bottling business will be difficult to pull off ...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 …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 V; Blake, David F; Grotzinger, John P ... Axios PW4400, which had a maximum tube power of 4 000 watts. ... Collings, Simon; Laukamp, Carsten; Ong, Cindy ...Richard Collings, author of . Axios Pro: Retail Deals. Feb 26, 2024. Share on facebook (opens in new window) ... Illustration: Shoshana Gordon/Axios. Exit Content Preview. Komo Technologies, a web platform for creating gamified content, is in the midst of raising a seed round, CEO Joel Steel tells Axios exclusively.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.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 ...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.

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 ...

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, ...

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 …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 …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 18, 2024 · 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. Authentic Brands Group and Shein struck a licensing deal that will have the online retailer produce a line of Forever 21 clothing, Richard writes.. Why it matters: The partnership opens short- and long-term opportunities for the two firms that generate $30 billion and $40 billion in global retail sales, respectively. Details: Authentic CEO Jamie …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 ... 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 ...Macy's has received an $5.8 billion take-private offer from an investor group that includes Arkhouse Management and Brigade Capital Management, according to the WSJ and other outlets.. The big ...

Driving the news: Coca-Cola was recently reported by Bloomberg to be preparing its African operations for an IPO as early as next year at an $8 billion valuation. Yes, but: A sale is also on the table, with timing yet to be determined, says the source close to the company. An IPO of the African bottling business will be difficult to pull off ...Major news outlets such as The New York. Times, Los Angeles Times, Axios, and Vox have cited and shared ... Richard L. & Janet B. Grossman, in memory of Gene ...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 …Instagram:https://instagram. browning a5 problemskynect.ky.gov online applicationaldi paragould arrandolph murdaugh 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. jeff brown milfordpedro jimeno 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. 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 … short thick bob haircut 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 …Oct 25, 2020 ... ... Richard Dean. BP101177 - Gaglioti, Tonino ... Axios Services (Aust) Pty Ltd. 6 Mcdonald ... Collings, John Gordon. 3a Sue Ellen Pl, BALCATTA WA.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, …