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Athleisure exec explains why the retail apocalypse is actually a renaissance

Facebook/Bandier Bandier is a high-end activewear retailer that stocks multiple brands as well as its own private-label collections. The company was founded in 2014, when it opened its first store in the Hamptons.  It now has.....»»

Category: topSource: businessinsiderJun 21st, 2018

BJ’s Wholesale Club IPO All About Debt Repayment

Seven years after being taken private by two private equity firms, BJ's Wholesale Club has filed terms for an IPO. The company plans to pay down debt with the the proceeds......»»

Category: blogSource: 247wallstJun 18th, 2018

Supervalu plans to restructure as a holding company

Supervalu Inc., which has shed much of its retail stores in recent years as it focuses on its grocery distribution operations, said Wednesday it wants to convert itself into a holding company to better split the two businesses.  The Star Tribune.....»»

Category: topSource: bizjournalsJun 14th, 2018

Chick-fil-A"s politics (and "secret menu") are back in the public eye

Chick-fil-A is having a wild month. While the Atlanta-based chicken chain continues to gain steam with new restaurant openings around the country -- plus plans by affiliate Red Wagon Ventures LLC for a new retail concept -- the company's controvers.....»»

Category: topSource: bizjournalsJun 12th, 2018

Wells Fargo exits retail banking in 3 Midwestern states

Wells Fargo is exiting retail banking operations in three Midwestern states as the beleaguered company follows through on plans to reduce the number of locations it has open. .....»»

Category: topSource: moneycentralJun 5th, 2018

What this Scottsdale tech company plans to do with its first private equity investment

GPS Insight’s 2017 revenue was in the $40 million range, and is growing at 20 percent, with $47 million in revenue expected this year......»»

Category: topSource: bizjournalsJun 4th, 2018

Mukwonago attracting more retail, industrial projects

Development is doubling down in Mukwonago, where village officials are preparing the second phase of a business park that just broke ground, and a local company plans a twin retail project to one that is running out of land on Highway 83......»»

Category: topSource: bizjournalsJun 3rd, 2018

Abercrombie is escaping the retail apocalypse by copying a popular startup strategy (ANF)

Business Insider/Mary Hanbury Abercrombie is shrinking the size of its stores. On Friday, in a call with investors, the company's management team outlined plans to roll out 70 smaller store locations in 2018. In 2017, the Abercrom.....»»

Category: topSource: businessinsiderJun 1st, 2018

PayPal scoops up San Mateo AI-powered retail tech startup

PayPal Holdings Inc. on Wednesday said it plans to acquire Jetlore Inc., a San Mateo startup that uses artificial intelligence to deliver personalized retail experiences. No price was disclosed for the company, which was founded in 2011 by three Sta.....»»

Category: topSource: bizjournalsMay 30th, 2018

Nordstrom plans at least two more stores without clothes

Nordstrom's store without clothes must be doing pretty well. After launching Nordstrom Local in October in Los Angeles, the company says it plans to open two more in the L.A. market and is looking to expand into other cities such as Manhattan if t.....»»

Category: topSource: bizjournalsMay 30th, 2018

Nordstrom plans to open at least two more stores without clothes (Photos)

Nordstrom's store without clothes must be doing well. After launching Nordstrom Local on Oct. 3 in Los Angeles, the company said Tuesday it plans to open two more in the L.A. market and is looking to expand into other cities such as Manhattan if t.....»»

Category: topSource: bizjournalsMay 29th, 2018

WeddingWire cashes in with $350 million investment

The company plans to use the extra cash, from British private equity fund Permira, to move deeper into international markets......»»

Category: topSource: washpostMay 27th, 2018

Pick n" Save parent Kroger buying Chicago meal-kit company Home Chef

In the wake of threats to the grocery industry from online grocery providers, Kroger Co. recently announced plans to purchase Home Chef, the nation's largest private meal-kit company. Kroger paid $200 million for Home Chef, and it will pay an a.....»»

Category: topSource: bizjournalsMay 24th, 2018

WeddingWire CEO details next steps after selling majority ownership

The Chevy Chase company disclosed plans to sell a majority stake to London-based private equity firm Permira for $350 million......»»

Category: topSource: bizjournalsMay 22nd, 2018

Nationwide to exit retail banking business, transfer $4.8B in deposits

Nationwide plans to end its retail bank, the fifth largest in Central Ohio. The company said Monday it would refocus its banking business, Nationwide Bank, away from retail banking in order to focus specifically on trust operations to support its ret.....»»

Category: topSource: bizjournalsMay 7th, 2018

Mapping retail in a Sprint/T-Mobile merger

Sprint Corp. will continue with plans to open more than 1,000 new stores this year despite plans to merge with T-Mobile US Inc. Sprint (NYSE:S) spokeswoman Lisa Belot wrote in an email that the company had not planned any major changes from its out.....»»

Category: topSource: bizjournalsMay 6th, 2018

Sercomm to bring in strategic partners via private placement

Networking device maker Sercomm plans to issue either 48 million new shares or NT$3 billion (US$101.25 million) worth of corporate bonds through private placement, according to a company announcement......»»

Category: topSource: digitimesApr 24th, 2018

One of the US"s biggest cannabis companies just laid out its plans to trade publicly

REUTERS/Chris Wattie MedMen, a cannabis retail company that operates a chain of slick, high-end marijuana dispensaries, announced it is going public through a reverse takeover. MedMen's agreement is with OutdoorPartner Media .....»»

Category: topSource: businessinsiderApr 11th, 2018

What the hell has just happened to Theresa May"s Brexit plans?

Getty Theresa May's Brexit plans are in chaos after the prime minister suffers simultaneous rebellions from both Remain and Leave wings of her party. The prime minister accepts amendment to her Customs Bill that will effectively m.....»»

Category: topSource: businessinsider1 hr. 1 min. ago

UnitedHealth tops earnings estimates, raises forecast

UnitedHealth Group Inc posted a second-quarter profit that beat Wall Street estimates as it added more members to its health plans, and the company raised its full-year earnings forecast......»»

Category: topSource: reuters1 hr. 16 min. ago