Huge Stock Market Winner in January Not to Be Confused with Successful Long Term Retail Format Earlier this week, GameStop Corp. (GME) was the most traded stock on Fidelity’s trading platform. Everyday traders, driven by Reddit and social media hype, have been piling into the…
Our Investor Services Practice Builds long term relationships with investment firms and their portfolio companies. For nearly four years, consumer confidence has hovered in the mid-to-high 90’s. With an unemployment rate of 3.6% in early 2019, the job market has rarely been as good. And…
The news swirling around Toys R Us these past few weeks is grim. The likelihood of all U.S. stores closing is nearing inevitability as the chain faces liquidation in the U.S. and other global markets, seeking buyers for its more sustainable operations in Canada, Asia and…
Walmart recently announced it would be using some of the benefits from the recent tax reform to increase worker wages and benefits. While no doubt welcomed by Walmart workers, and many in the administration as a sign that tax reform is working, is there more…
The meal kit market is going through a rapid and fascinating period of growth, retrenchment and repositioning. The latest development: Albertsons is buying Plated for an undisclosed price, marking the first purchase of a prepared meals company by a supermarket chain. As the lukewarm reception of Blue Apron…
Last week, I weighed in on the potential deal between Walmart and Jet.com. Today, the companies officially announced the $3 billion deal with Walmart CEO Doug McMillon weighing in as follows: “We’re looking for ways to lower prices, broaden our assortment and offer the simplest,…
On the heels of Jet.com’s first birthday comes news that Walmart is reportedly in negotiations to acquire the online discount retailer. Sources close to the deal say it could be worth as much as $3 billion. While Walmart has struggled to translate its winning brick-and-mortar…
