Archive for June 2021
Krispy Kreme Seeks Roughly $4 Billion Valuation in IPO
FINANCE JUNE 22, 2021 BEN COLEY The doughnut chain is offering 26,666,667 shares at a price of $21 to $24 per share. Krispy Kreme hopes to raise between $560 million to $640 million through its IPO, according to an SEC filing. The doughnut chain is offering 26,666,667 shares at a price of $21 to $24…
Read MoreSurvey: Second-hand retail sales will reach $77 billion by 2025
Dan Berthiaume Senior Editor, Technology The resale market is expected to double in the next five years. According to the ninth annual “2021 Resale Report” from online resale platform ThredUp Inc. and retail analytics firm GlobalData, secondhand apparel, shoes, and accessories is now a $36 billion market, projected to double in the next five…
Read MoreDick’s Sporting Goods Bets on Experential Retail
Source: Chain Store Age Writer: Marianne Wilson Dick’s Sporting Goods is running fast these days. The nation’s largest sporting goods retailer has had a busy few months, adding soccer shops to namesake locations, remodeling Golf Galaxy stores and opening clearance stores. But its most talked-about initiative has been the debut of an experiential retail concept…
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