The appointment of Andrew Berger follows the announcement that Fred Hand would be retiring from the CEO' s post and as a member of the company's board of directors.
In September, the Dallas-based retailer announced getting a new backer following its emergence from bankruptcy—one that’s familiar with the business and also owns local consumer brands Pier 1 Imports and RadioShack.
California-based Retail Ecommerce Ventures—which owns Pier 1, Stein Mart, Linens ‘n Things, and RadioShack, among other companies—is making a strategic investment in Tuesday Morning and its 490 stores in 40 states through a $32 million convertible debt financing deal.
“We believe this milestone transaction will strengthen our financial position and provide sufficient liquidity to execute on our strategic plan, allowing us to maintain strong relationships with our valued partners and elevate offerings for our customers,” says Fred Hand, Tuesday Morning’s CEO.
In this week’s North Texas deal flow, you’ll also find news about Dallas startup VRGL raising $15M six months after launching, S2 Capital’s $400M multifamily investment fund, CBRE leading $125M Series E for proptech firm VTS, CVS Health acquiring Signify Health for $8B, BenefitMall’s latest acquisition, and more.
North Texas is a big place, with plenty to do, see, hear, and watch. We scour the internet every week to find events and activities for you. As always, things may change at any time, so be sure to check the official website or registration page for the latest details....
Dallas-Fort Worth is charting its own path in artificial intelligence. From applied AI to research and engineering advances, our region leads in advancing real-world solutions. Behind every breakthrough and solution are the people making it happen....
Cevitr Ltd., a London-based provider of “digital workers” powered by robotic process automation (RPA) and AI solutions, has expanded to the U.S. with a new office in the Dallas suburb of Richardson....
“It is going to ramp up in every area after this weekend.”
Monica Paul
President, North Texas World Cup Organizing Committee
Executive Director, Dallas Sports Commission
…on what’s ahead after this coming Friday’s World Cup draw at the Kennedy Center in Washington, D.C.,...
North Texas is a big place, with plenty to do, see, hear, and watch. We scour the internet every week to find events and activities for you. As always, things may change at any time, so be sure to check the official website or registration page for the latest details....
Dallas-Fort Worth is charting its own path in artificial intelligence. From applied AI to research and engineering advances, our region leads in advancing real-world solutions. Behind every breakthrough and solution are the people making it happen....
Cevitr Ltd., a London-based provider of “digital workers” powered by robotic process automation (RPA) and AI solutions, has expanded to the U.S. with a new office in the Dallas suburb of Richardson....
“It is going to ramp up in every area after this weekend.”
Monica Paul
President, North Texas World Cup Organizing Committee
Executive Director, Dallas Sports Commission
…on what’s ahead after this coming Friday’s World Cup draw at the Kennedy Center in Washington, D.C.,...