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Tonal Seeks More Funding To Produce $3K Home Workout Stations

PYMNTS

Discussions are taking place with Connecticut-based L Catterton, which was a key player in Tonal’s $45 million venture capital funding round in 2019. According to a Bloomberg report , Tonal is in talks with investors for funding that would value the company at $250 million or more.

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Commercial Credit Trends – Where to Tread Carefully

South State Correspondent

This data is critical for pricing, capital allocation, and marketing. Regarding volatility, Alabama is projected to have the most significant variability in credit, while Connecticut is expected to have the most minor variability. When borrowers feel stressed, this data is invaluable for pricing, capital, and structuring decisions.

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The Acela Primary Underway In States Where Businesses Are Struggling

PYMNTS

Through the PYMNTS/CAN Capital Store Front Business Index , we’ve been tracking the data on business health and growth in each state and then stacking those results against the regional and national picture. Well… Connecticut. Wherever the campaigns have gone, we’ve followed. Why so serious? at large or the region.

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Chapter 11 Watch: Tough Times For Uniqlo, PacSun Gets Lucky

PYMNTS

Retail’s constant chase for growth means that some or even most will never reach their goals. What good news there is usually comes from the top-performing retailers of the day, which makes what PacSun has accomplished a downmarket rarity. Few are inevitably spared the fate in the long run.

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Big Names Embark On Spring Hiring Sprees

PYMNTS

Standing one’s ground in an Amazon -dominated retail market doesn’t happen by accident. The retailer has announced that it will be adding more than 1,000 new employees to its technology teams this year, increasing the size of its tech department by more than a third.

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2017 Has Now Seen 4 Of New York’s Top 10 VC-Backed Tech Exits

CB Insights

MongoDB, which provides database management services, is backed by investors including Union Square Ventures, Sequoia Capital, New Enterprise Associates. This latest exit means 4 of New York’s top 10 largest venture capital-backed first exits over the last 6 years have taken place in 2017 year-to-date. & Boston, here.

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eCommerce, Delivery Firms Turn Attention To Supply Chain, Logistics

PYMNTS

The facility, along with existing centers in Maryland and Connecticut, will serve northeastern U.S. The additional expenditures will raise gross capital spending to between $115 million and $120 million, up from the previously forecast $90 million to $100 million. The company has a total of 16 centers in the U.S. and Canada.

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