Omni Retail Enterprises has acquired the Pier 1, Stein Mart, Dress Barn, Models, Linens-N-Things banners, as well as Bodybuilding.com, Franklin Mint and Ralph & Russo from Retail E-commerce Ventures, establishing a portfolio of digital operations that also...
Before it announced a fourth quarter and full year loss, Tuesday Morning revealed that it had closed a strategic transaction to secure $35 million in convertible debt financing that could reshape how the company is positioned in the marketplace and raise the profile...
Tuesday Morning Corp. has entered into an agreement to secure $32 million in convertible debt financing to help initiate a plan to turnaround the off-price retailer. The debt financing comes from a special purpose vehicle formed by Retail Ecommerce Ventures LLC,...