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Cloud Software Co. Mirakl Raises $300M

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Mirakl provides online marketplace software to manufacturers, wholesalers and retailers, including Kroger Co., Other investors include Bain Capital Ventures, Elaia Partners, 83North and Felix Capital, bringing the total capital raised by the company to $400 million, according to a statement. according to its website.

Software 220
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How Toys R Us’ Demise Could Benefit Amazon And Other Retailers

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One retailer’s loss could be another retailer’s gain: Even though Toys R Us is facing bankruptcy, other retailers may benefit from the embattled toy retailer’s demise. Amazon could take over some of Toys R Us’ stores, which may be soon vacant as the retailer winds down its operations. Retail Group.

US 139
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Petco Files For IPO As Demand For Pets Surges During Pandemic 

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The pet retail chain is also moving towards profitability after net losses the past two years. Founded in 1965, Petco was last publicly traded in 2006. In 2015, the company mulled going public again but instead was acquired by CVC Capital Partners and Canadian Pension Plan Investment Board for $4.6 Same-store sales surged 9.6

Retail 166
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US Government Aid Lessened Bankruptcies In 2020, Study Finds

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December had 34,304 bankruptcy filings in total, which was also the lowest monthly total since January 2006, the release stated. The second stimulus package totaling over $900 billion is getting capital into the market and delaying bankruptcy filings across the country.”. consumers and businesses afloat,” said Kruse, per the release.

Study 159
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SoftBank’s $21 Billion Mobile Unit IPO Slated For December

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According to a report in the Financial Times , the $21 billion initial public offering is slated for December 19 and is being marketed largely to Japanese retail investors who have been allocated slightly more than 87 percent of all the new shares being issued. billion raised in 2006 by Industrial and Commercial Bank of China.

Mobile 134
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Shoe Company Rockport Likely Will Be Sold To A Private Equity Firm

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Charlesbank Capital Partners LLC , a private equity firm, reportedly emerged as the only bidder in a planned bankruptcy auction for Rockport. At the time, Rockport said it planned to close any of its 60 North American retail stores that are not purchased by “stalking horse bidder” Charlesbank or another party.

Company 100
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Five At Five: Apple Comes Out Big On Alibaba Singles Day

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retailers could get ATM-related refunds and there are new figures about consumer and business spending. The IPO is seen as a big shift for SoftBank and its founder, who built the company’s mobile unit via a 2006 acquisition of Vodafone’s Japan unit. UK Retailers Could Receive Refunds In ATM Business Rate Case.

Apple 108