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Hawaii investors to acquire Waikiki Galleria Tower following DFS departure
BlackSand Capital is working on plans to redevelop the 75,000-square-foot retail space that was until recently occupied by T Galleria by DFS, said B.J. Kobayashi, president and CEO of the Honolulu-based private equity firm......»»
The Wall Street Journal: Mortgage lender Better to go public through SPAC
Startup mortgage lender Better, whose valuation has swelled in the private markets, said Tuesday that it plans to go public by merging with a special-purpose acquisition company......»»
How the e-commerce boom could shape the future of retail, according to Atlanta supply chain tech company Dematic
Dematic, which moved its HQ to Midtown in 2019, had plans to grow into its space over a 6-year period. Now, 18 months later, they're running out of room......»»
SpaceX launches NASA’s Crew-2 to orbit, its third human spaceflight in less than a year
SpaceX's third human spaceflight in less than a year is comprised of an international group of astronauts and comes as the company plans several more, including two made up of private citizens......»»
Royal Caribbean kicks off $1.25 billion notes offering
Royal Caribbean Group said Wednesday that it has commenced a private offering of $1.25 billion in senior notes, due 2028. The company plans to use the proceeds from the offering to repay debt maturing or requ.....»»
KKR raises $1.2 billion for new SPAC with plans to merge with consumer or retail company
The SPAC increased the size of the offering, selling 120 million units after originally marketing the sale of 100 million shares to investors. Trading information for KKR & Co is displayed on a screen on the floo.....»»
Victoria"s Secret parent L Brands shares jump 4.4% premarket after company raises guidance, resumes dividend
L Brands Inc. shares jumped 4.4% in premarket trade Friday, after the parent of Victoria's Secret unveiled plans to pay down debt, reinstate its dividend and buy back shares, while raising guidance for the first quarter. The company sa.....»»
Michaels to go private in $3.3B sale to New York company
The arts and crafts retailer said the deal will give it financial flexibility to expand its retail and digital platforms......»»
Houston developer plans 1M-SF spec warehouse in West Dallas
The company has historically developed retail projects......»»
Phoenix cannabis company gets $4M in private financing, sells assets
Phoenix-based cannabis company 4Front Ventures Corp. says it's well situated for expansion through the rest of the year after selling its stakes in noncore retail licenses along with a $4 million financing commitment will fully fund the company and .....»»
Victoria"s Secret buyer backing out of its deal with L Brands
Columbus retail giant L Brands' plan to sell a majority stake in Victoria's Secret is on the rocks. New York private equity firm Sycamore Partners has informed the company it wants to terminate the deal, L Brands announced Thursday. The private e.....»»
Nordstrom is rolling out a new series of deals — starting with up to 50% off in-house brands, including clothes, shoes, and home goods
While Nordstrom retail locations remained closed, the company is rolling out a series of sales in c.....»»
How The Retail Connection plans to outlast COVID-19
The Retail Connection's Alan Shor and Steve Lieberman discuss how COVID-19 has impacted their retail real estate company, what opportunities might exist in the future and their takes on hot topics, such as rent abatement and force majeure clauses......»»
Former LifeLock co-founder"s startup acquired by New York private investment firm
SurchX had financial issues and a leader with a storied past. Now, the company is set for a new life after it was bought by a group of financial-technology investors and executives who have big plans for the startup......»»
Hudson"s Bay CEO steps down as Saks parent company goes private
The CEO of Saks Fifth Avenue parent Hudson Bay Company is stepping down as the retail group goes private. Helena Foulkes, who joined the company in February 2018 after 25 years at CVS, will be replaced by executive chairman Richard Baker, who broke.....»»
Plant-based burger from Cargill expected in April
Cargill Inc. plans to roll out a private-label line of plant-based protein products in April, the Minnesota-based company announced Monday. The line will include meat alternatives in both patties and ground form. It’s a bid by the agribusiness giant to.....»»
HSBC targets the globally mobile with $1.4 trillion wealth business
HSBC plans to invest heavily in its newly combined retail and private banking business as it targets internationally minded customers in markets such as China, the United States and Singapore, the unit's Chief Executive Charlie Nunn told Reuters......»»
WT Micro to bring in new strategic partners
WT Microelectronics has disclosed plans to issue new company shares through private placement aiming to solicit new strategic partners, according to the Taiwan-based IC distributor......»»
Warner Music Group plans an IPO, 15 years after its last one
Warner Music Group Corp. filed plans for an initial public offering Thursday, 15 years after its last IPO and nine years after the company was taken private. Warner .....»»
Elon Musk"s internet-satellite business is "likely" going to spin off from SpaceX and go public, COO reportedly says
Elon Musk's private space tech company is 'likely' to spin off its Starlink internet business and take it public, said SpaceX COO Gwynne Shotwell, according to a report by Bloomberg. Starlink, which plans to offer .....»»