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Slimmed-Down Albertsons IPO Raises $800M

PYMNTS

Albertsons’ IPO is the culmination of a saga that began in 2006 when private equity firm Cerberus Capital Management took a major position, with plans to grow the chain into one of North America’s gargantuan power grocers. billion fundraise once anticipated. Shares rose some 1 percent to $16.18 shortly before noon ET.

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4 Top Cloud Financial Planning Solutions

Perficient

The typical components of an FP&A solution are: Load actual values from operational systems. Typically online analytical processing cubes.). Anaplan is a cloud-only planning software company that was founded in 2006. IBM Planning Analytics entered the cloud market with a Software as a Service (SaaS) solution.

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Top News In Payments: Google Play Bans High-Interest Loan Services; Thoma Bravo To Buy Sophos

PYMNTS

The public market for cannabis is off by over 40 percent, even with the space’s blazing forecast and enthusiastic quarterly reports. Brian Athaide, chief executive of Toronto marijuana grower Green Organic Dutchman Holdings , told the WSJ , “The capital markets have dried up.” Cannabis Firms See Share Prices Nosedive.

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For eCommerce Content, It’s Experiences Over Speed

PYMNTS

Online luxury marketplace 1stdibs stands as an example of that kind of content, along with providing — as do some other companies — a demonstration of the appeal of both digital and physical forms of content to tie consumers to a brand or ecosystem. According to the Data & Marketing Association , 9.8 Speaking to Audiences.

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Saks Owner Hudson’s Bay Shareholders Make Bid To Take Firm Private

PYMNTS

billion Canadian dollars, exiting the German market while staying in the Netherlands (with an eye on revamping operations there). billion buy of Lord & Taylor in 2006, the public debut of Hudson’s Bay as a public company in 2012, and the acquisition of Saks Fifth Avenue in 2013. billion Canadian dollars.

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Levi Goes ‘Soft And Stretchy’ In A Rigid Retail Market

PYMNTS

Consumers want everything these days, from online shopping with one-click ordering and fast delivery to an exciting and high-tech shopping experience at physical stores. The company also announced Nina Barjesteh as the new marketing chief and the creation of a new position of chief customer officer. In 2006, the company went public.

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Second Largest US Mall Owner Defaults On Loan Payment

PYMNTS

The property is operated by the second largest U.S. The advent of online shopping is kind of accelerating the separation of winners and losers.”. In 2006 or 2007, everything was beautiful,” said RBC Capital Analyst Rich Moore. mall owner, General Growth Properties Inc. In the next 18 months, about $47.5

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