In his popular book Sapiens, Yuval Noah Harari states that “from about 2 million years ago until around 10,000 years ago, the world was home, at one and the same time, to several human species.” Harari says the fossil record shows that our species coexisted with the likes of Neanderthals, Homo erectus, Homo soloensis, Homo […]
With fears of an impending recession mounting, an increasing number of apparel brands and retailers have recently announced cost cutting measures and more bearish outlooks, including PVH, Gap, G-III Apparel Group, Rent the Runway, and Levi’s. Many of these companies have reported that inventories have risen to uncomfortably high levels. While this environment is worrisome […]
What a difference a year makes. At this time last year, the plant-based meat (PBM) category was riding high. Impossible Foods was about to announce a new $500 million financing round amid record revenue growth, and public company bellwether Beyond Meat was trading at about $100 per share, or about 14x revenue. Today, the PBM […]
Kroger announced on October 14th that the company has signed a definitive merger agreement to acquire all of Albertsons stock for an estimated consideration of $34.10 per share, implying an enterprise value of approximately $24.6 billion. This purchase price represents a premium of 29.7% to the 30-day average share price. Kroger is eager to join […]
Halloween is a favorite time of year in my house. The weather gets crisper, there are plenty of seasonal activities to enjoy, like pumpkin picking, hayrides, walking around the neighborhood looking at spooky decorations, carving pumpkins, dressing up, and, of course, there is candy. It’s a time for people to debate the value of candy […]