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 has become one of the fastest-growing business ecosystems in the United States. Major corporations continue relocating headquarters to North Texas, venture-backed startups are scaling, and entrepreneurs from across the country are increasingly choosing Dallas as the place to build....
“The transfer portal is not going the other direction.”
Jeb Hensarling
Strategic Advisor
Texas Stock Exchange
…on TXSE pulling senior exchange talent from Wall Street and LaSalle Street, in an April 22 interview with Bloomberg’s Julie Fine....
Amazon has filed local applications in Texas for a Prime Air drone delivery site in West Dallas, the first of 22 planned “drone paddocks” across the state, according to Boston-based BLDUP, a commercial real estate and construction technology platform that reported the filings on April 17....
Plano-based Diversified, a global leader in audiovisual and media innovation, has appointed Tyler Affolter as its chief revenue officer to advance the company’s “growth at the intersection of media, workplace, and digital experience.”...
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 has become one of the fastest-growing business ecosystems in the United States. Major corporations continue relocating headquarters to North Texas, venture-backed startups are scaling, and entrepreneurs from across the country are increasingly choosing Dallas as the place to build....
“The transfer portal is not going the other direction.”
Jeb Hensarling
Strategic Advisor
Texas Stock Exchange
…on TXSE pulling senior exchange talent from Wall Street and LaSalle Street, in an April 22 interview with Bloomberg’s Julie Fine....
Amazon has filed local applications in Texas for a Prime Air drone delivery site in West Dallas, the first of 22 planned “drone paddocks” across the state, according to Boston-based BLDUP, a commercial real estate and construction technology platform that reported the filings on April 17....
Plano-based Diversified, a global leader in audiovisual and media innovation, has appointed Tyler Affolter as its chief revenue officer to advance the company’s “growth at the intersection of media, workplace, and digital experience.”...