Rubi Laboratories Raises $4.5M in Seed Funding
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Source: finsmes.com
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Activist investor nominates 10 candidates for election to Kohl's board
In an effort to overhaul Kohl's 14-person board, activist investor Macellum Capital Management Thursday morning announced a slate of 10 director nominees for election at the retailer's 2022 annual meeting this spring.
Source: biztimes.com
Franchise Group acquires Pet Supplies Plus for $700M
Dive Brief: Pet Supplies Plus has entered into an agreement to be acquired by Franchise Group for around $700 million in cash, the company announced Monday. Pet Supplies Plus is currently owned by private equity firm Sentinel Capital Partners, which acquired the retailer just over two years ago. The deal is expected to close by March and will result in more than $3.6 billion in annualized revenue — defined as total sales from both entities — for Franchise Group. Franchise Group has ma...
Source: retaildive.com
Joker's Stash Carding Market to Call it Quits — Krebs on Security
Joker's Stash, by some accounts the largest underground shop for selling stolen credit card and identity data, says it's closing up shop effective mid-February 2021. The announcement came on the heels of a turbulent year for the major cybercrime store, and just weeks after U.S. and European authorities seized a number of its servers.
Source: krebsonsecurity.com