Richard collings axios.

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.

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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 ...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 ...Fat Brands, the parent of Fat Burger and Johnny Rockets, said it confidentially filed the registration statement for Twin Peaks and Smokey Bones.. Why it matters: The operating unit would become a standalone public company allowing Fat Brands to raise funds. Zoom in: Axios previously reported that the company planned to spin off Twin …Nov 7, 2023. Illustration: Aïda Amer/Axios. Retail tech startup Particl launched AI Copilot, a new product that helps customers identify both new and mispriced products, CEO Josh Wilson tells Axios. Why it matters: Retailers need sophisticated software to help them manage supply chains efficiently. How it works: The South Jordan, Utah-based ...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.

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: …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, ...

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. ...

Find Richard Collings's email address, contact information, LinkedIn, Twitter, other social media and more. For PR Pros Overview; Media Database ... As seen in: AxiosKohl'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 …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 ...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 …When it comes to fashion, there’s no better way to refresh your wardrobe than with Anthony Richards apparel. With a wide selection of stylish and comfortable clothing, Anthony Rich...

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 ...

Bobo's, the Loveland, Colo.-based company known for its oat bars, is still preparing for a sale, potentially later this year, CEO T.J. McIntyre tells Axios exclusively.. Why it matters: It is a widely watched middle market transaction in the making that even the bulge bracket investment banks are courting.

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. 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 ...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 …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 ...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 …

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 ...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 ...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. 1yRichard Collings, author of . Axios Pro: Retail Deals; Share on facebook (opens in new window) Share on twitter (opens in new window) ... Luxury retailer Saks …🎙️ 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 ...

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.

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.Dec 6, 2023. Photo: Mark Makela/Getty Images. 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 ...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 ... 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 …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 ...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 ...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 …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

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. …

Illustration: Sarah Grillo/Axios. 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.

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 ...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 ...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, ...As a fashion-forward woman, it’s important to stay up-to-date on the latest trends in apparel. Anthony Richards offers a wide selection of stylish and affordable clothing that will...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.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.Dec 6, 2023. Photo: Mark Makela/Getty Images. 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 ...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 ... 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 …

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 ...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 …... 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 ...Instagram:https://instagram. olympic stain near mesmite neith buildblairsville georgia farmers marketcmu cs academy answers key 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. sparta newspapercostco jacksonville fl 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 ...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 ... does ally have zelle Apr 7, 2015 ... One or more memorandums sent to President George W Bush by. Vice President Richard Cheney on February 25-28, 2001, concerning the vice- ...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.