Story of the Week The Vitamin Shoppe Is Being Sold to Private Equity Companies Two private equity firms, Kingswood Capital Management and Performance Investment Partners, have entered into a definitive agreement to acquire The Vitamin Shoppe, which sells vitamins, nutritional supplements and wellness products, from Franchise Group Inc. The Vitamin Shoppe operates more than 650 […]
Story of the Week Trump limits tariffs on most nations for 90 days, raises taxes on Chinese imports Facing a global market meltdown, President Donald Trump on Apr 9th abruptly backed off his tariffs on most nations for 90 days, even as he further jacked up the tax rate on Chinese imports to 125%. It […]
Story of the Week Trump announces sweeping range of reciprocal tariffs, 10% worldwide tariff in ‘Liberation Day’ proclamation Donald Trump unveiled and then enacted a two-step tariff approach on April 2nd as his long-awaited “Liberation Day” plans were released during a Rose Garden event at the White House. The president is imposing a baseline tariff […]
Story of the Week Dollar Tree sells Family Dollar for $1B Dollar Tree has agreed to sell its Family Dollar banner to private equity firms Brigade Capital Management and Macellum Capital Management for just over $1 billion, the discounter said on Mar 26th. Family Dollar will remain headquartered in Chesapeake, Virginia. Dollar Tree acquired its […]
Story of the Week PepsiCo buys prebiotic soda brand Poppi for nearly $2B PepsiCo is purchasing prebiotic soda maker Poppi for $1.95 billion. The transaction is subject to regulatory approval. The CPG giant said the brand, which saw $500 million in sales last year, has amassed “a loyal fan base and a demonstrated capacity for […]