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.
The future of logistics isn’t being built in Silicon Valley. It’s being built in Fort Worth.
Hillwood’s decades-long commitment to AllianceTexas—anchored by public-private partnerships, infrastructure investment, and a clear-eyed view of what next-generation supply chains would require—created the foundation for what’s happening today....
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....
Electric mobility is about more than battery range now. As EVs become part of everyday life, people want the experience to feel simple and reassuring, whether they are finding a charger, checking their vehicle status, making a payment, or getting help when they need it....
Dallas-based MoneyGram has launched its own U.S. dollar stablecoin, MGUSD, as the foundation of a growing suite of financial services throughout its global network. The company said that as it builds its payments infrastructure on blockchain, MGUSD will serve as “the connective tissue” to power services for families sending money across borders and for billions of people underserved by traditional finance....
The Dallas Mavericks have selected the former Valley View Mall site in North Dallas as the future home of a new Mavericks arena and entertainment district, the team announced Tuesday.
The Mavericks organization said it has entered into option agreements for the potential purchase of around 104 acres of the former Valley View Mall site’s 110 acres, located on the north side of LBJ Freeway east of Preston Road....
The future of logistics isn’t being built in Silicon Valley. It’s being built in Fort Worth.
Hillwood’s decades-long commitment to AllianceTexas—anchored by public-private partnerships, infrastructure investment, and a clear-eyed view of what next-generation supply chains would require—created the foundation for what’s happening today....
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....
Electric mobility is about more than battery range now. As EVs become part of everyday life, people want the experience to feel simple and reassuring, whether they are finding a charger, checking their vehicle status, making a payment, or getting help when they need it....
Dallas-based MoneyGram has launched its own U.S. dollar stablecoin, MGUSD, as the foundation of a growing suite of financial services throughout its global network. The company said that as it builds its payments infrastructure on blockchain, MGUSD will serve as “the connective tissue” to power services for families sending money across borders and for billions of people underserved by traditional finance....
The Dallas Mavericks have selected the former Valley View Mall site in North Dallas as the future home of a new Mavericks arena and entertainment district, the team announced Tuesday.
The Mavericks organization said it has entered into option agreements for the potential purchase of around 104 acres of the former Valley View Mall site’s 110 acres, located on the north side of LBJ Freeway east of Preston Road....