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Finance & Capital Management

  • Jakks secures GE Capital financing

    Toy maker Jakks Pacific secured a $75 million credit facility from GE Capital.


    The nine year old company based in Malibu, Calif., plans to use proceeds for working capital, capital expenditures and general corporate purposes as needed.

  • Dickey’s to open three new Barbecue Pits this week

    Dallas — Dickey’s Barbecue Restaurants will open three new Dickey’s Barbecue Pits this week. On April 2, the chain will open a restaurant in Colorado Springs, Colo., and on April 3, two more restaurants will open, one in Gulfport, Miss., and another in Stockton, Calif.

  • New Office Depot hire to shape strategy

    Juliet Johansson, a former executive with a dental implant manufacturer, is Office Depot’s new EVP and chief strategy officer.

  • Whole Foods Market acquires four New Frontiers Natural Marketplace stores

    Austin, Texas -- Whole Food Market will purchase four stores from New Frontiers Natural Marketplace. The stores, which average 22,000 sq. ft., are located in Flagstaff, Prescott and Sedona, Ariz.; and San Luis Obispo, Calif. The two companies expect the transaction to be finalized in the next few weeks.

    The stores will continue to operate under the New Frontiers Natural Marketplace banner until they are re-signed as Whole Foods Market stores.

  • Cabela’s closes funding facility with Royal Bank of Canada

    Sidney, Neb. -- Cabela’s Inc. has renewed a variable funding facility with Royal Bank of Canada for an additional three years and the commitment under the variable funding facility has increased from $350 million to $500 million. The variable funding facility relates to an outstanding series of variable funding notes issued by Cabela’s Credit Card Master Note Trust.

  • Egg producer names Webb to new ops role

    The nation’s largest egg producer, Cal-Maine Foods, named Wil Webb to a new role as vp of operations.

    Webb will be responsible for the company’s extensive production facilities in Alabama, Louisiana and Mississippi and reports to Cal-Maine COO Sherman Miller. Webb has been employed with Cal-Maine Foods since 1997 and most recently served as general manager of the company’s operations in Edwards, Mississippi.

  • Second Johnny Rockets opens in Kuala Lumpur

    Aliso Viejo, Calif. —  AUM Hospitality has opened the second Johnny Rockets restaurant in Malaysia at Avenue K in Kuala Lumpur, a 360,000-sq.-ft. retail hub. The new Johnny Rockets is the 11th restaurant in the chain to open in Southeast Asia.

    In addition to the two Malaysia, the chain operates six outlets in the Philippines and three in Indonesia.

  • Igloo trades private equity owners

    Leading global cooler manufacturer Igloo was acquired by Washington, D.C.-based private equity firm ACON Investments from Connecticut-based private equity firm J.H. Whitney.

    ACON said J.H. Whitney will continue to maintain a small, but undisclosed, stake in the company. Igloo will continue to be led by chairman and CEO Gary Kiedaisch and other members of the existing management team who are also purchasing significant interests in Igloo in connection with the transaction. The company will focus on continued growth in the outdoors, housewares and sporting goods markets.

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