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Supply Chain & Merchandising

  • Brentwood Associates acquires Marshall Retail Group

    Los Angeles -- Brentwood Associates, a consumer-focused private equity investment firm, has acquired Marshall Retail Group, a leading specialty retailer for high-foot-traffic marketplaces with locations in major casino-hotels and airports across the United States. The company is led by CEO Michael C. Wilkins, who will continue to lead the business going forward.

  • Muscle Maker Grill plans 22 new U.S. stores

    Colonia, N.J. -- Muscle Maker Grill, a fast-casual restaurant franchise that serves freshly prepared health-conscious meals, will be opening 22 new locations throughout the country, which will raise the number to more than 75 units.

    Recent store openings include Las Vegas, Dallas, a third location in Connecticut, located in Hamden and a second location in Staten Island, New York. An additional 22 new franchises will result in the development of restaurants across the country, from California to New York.

     

  • Report: Standard General attempting RadioShack ‘rescue package’

    Fort Worth Texas – Hedge fund Standard General LP, RadioShack’s second-largest shareholder, is reportedly trying to negotiate a “rescue package” by obtaining debt and equity financing from outside investors. According Bloomberg, Standard General is also meeting with RadioShack management to create a plan that will let the retailer avoid filing for Chapter 11 bankruptcy.

  • Guidance deploys responsive Magento website for Gearys Beverly Hills

    Marina Del Rey, Calif. -- Guidance, an e-commerce design and development agency, announced the launch of a responsive website for Gearys Beverly Hills, which specializes in fine china, crystal, silver, gifts, jewelry, and watches.

    Guidance provided e-commerce, mobile & responsive design, UX consulting, web development, integration, and hosting & managed services for the new site built on the Magento Enterprise 1.13 platform.

  • Cybera releases VAN for NBS processors

    Nashville, Tenn. - Cybera Inc., a provider of virtual application network services, has completed a new National Bankcard Service (NBS) payment Virtual Application Network (VAN) that enables connectivity between POS and NBS payment processors. With this new partnership, Cybera has given NBS the ability to process payment through POS systems that emit payment through serial interface.

  • Ann Inc. under pressure to sell

    New York – Ann Inc. is being urged to explore options, including a sale, by activist investor Engine Capital and Red Alder. The two firms, who collectively own more than 1% of the outstanding shares of Ann Inc., are publicly urging the company to sell at a substantial premium above current stock price.

  • SAP: Start back-to-school promos later, focus online

    Walldorf, Germany – Retailers should consider waiting until August to launch back-to-school promotions and focus them heavily on online shoppers. According to new data from SAP, consumer sentiment toward back-to-school advertising doesn’t become positive till the end of July.

  • Burger King in talks to buy Tim Hortons and move HQ to Canada

    New York -- Burger King Worldwide is in discussions to buy Canadian coffee and doughnut chain Tim Hortons. The two companies said in a joint statement on Monday that the new publicly listed entity would be based in Canada. The move comes as the White House is calling on Congress to take steps to prevent U.S. companies from moving outside the country (“tax inversions”).

    The two restaurant companies are currently worth a combined total of about $18 billion, according to media reports.

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