Planet Fitness Inc. has hired new executives in key operations, real estate and finance positions, including Jim Esposito as SVP of corporate club operations, Brian Zehetner as director of health and fitness, Josh Beyer as VP of real ...
Tags: Planet Fitness, New Key Management
Dunelm's revenue for its third quarter (ending 2nd April) grew by 5.9% to £229m, and total like-for-like (LFL) growth (combining LFL stores and home delivery) increased by 1.1%. Sales performance in the quarter reflected strong ...
Tags: Dunelem, LFL growth, Sales performance
Furniture retailer Lee Longlands has acquired four stores from the Furniture Barn Group with immediate effect. The Furniture Barn Group, which had been trading through administration since last year, previously had eight stores across the ...
Pacific Sunwear of California, Inc. entered into a restructuring support agreement (RSA) with affiliates of Golden Gate Capital, the holder of its secured term loan provider under the company's financing facilities. In conjunction with the ...
Tags: Pacific Sunwear, RSA, Golden Gate Capital, Bankruptcy
HanesBrands has agreed to acquire the privately held Italian company Champion Europe, which owns the trademark for the Champion brand in Europe, the Middle East and Africa, in an all-cash transaction. The purchase price will be 10 times ...
Tags: Champion Europe, Hanesbrands, EBITDA
In 2014, the Nobel Prize in physics was awarded for the discovery of the gallium-nitride-based blue-light LED and its use for new, efficient LED-based white lamps. The development efforts in this field, however, do not stop there. The ...
Tags: LED, Nobel Prize
Worldwide IT spending is forecast to total US$3.49 trillion in 2016, a decline of 0.5% over 2015 spending of US$3.5 trillion, according to Gartner. This is down from last quarter's forecast of 0.5% growth. The change in the forecast is ...
Tags: device market, printers
Australian governments have spent unprecedented sums on transport infrastructure in the past decade, and while important projects have been built the overall investment has been poorly directed, according to a new Grattan Institute report. ...
The results from Dun & Bradstreet’s March Business Expectations Survey have highlighted a second consecutive decline in expectations, with businesses issuing subdued forecasts for the three-month period to June 2016, despite reporting ...
Tags: Dun&Bradstreet's March Business Expectations Survey, BEI
Dairy alternative drinks, such as soy and almond milk, accounted for 6 per cent of total global dairy launches in 2015 says Innova Market Insights. The market research company says this figure reflects the growth of these products in ...
Tags: Innova Market Insights, Non-diary milk drinks markets, Soy
Canadian Metro Supply Chain Group has completed the acquisition of UK-based automotive and industrial services emergency logistics specialist, Evolution Time Critical. The automotive supply chain expertise of Evolution Time Critical ...
Tags: Metro, Acquistion, Evolution Time Critical, Logistics
Commodities trading company Glencore has entered into definitive agreement with Canada Pension Plan Investment Board (CPPIB) to sell 40% equity interest of Glencore Agricultural Products for $2.5bn in cash transaction. Glencore's ...
Tags: Glencore, Canada Pension Investment Board, CPPIB, Agricultural Products
Get Silly Ice Cream has entered into a strategic partnership with BIG DRUM Engineering to create a global marketing campaign to expand into international markets of both companies. Get Silly Ice Cream in conjunction with Kemps LLC, a ...
Brazilian meat packer Marfrig Global Foods has agreed to sell three meat packing and a livestock confinement unit in Argentina to China-based Foresun Group’s subsidiary for $75m. As part of the agreement, Black Bamboo Enterprises ...
Tags: Marfrig, Foresun, Meat Packing
Food processing equipment supplier SPX FLOW has set up a new innovation center in Shanghai, China, to help producers create innovative dairy products and beverages. The facility can test new product formulations to aid producers in ...