US conglomerate Koch Industries has taken full ownership in Infor by acquiring the remaining stake in the business cloud software solutions provider it previously didn’t own from Golden Gate Capital for an undisclosed price. Apart from being an investor in Infor since 2017, Koch Industries has been a key customer of the former. The US […]
Northwell Health-GoHealth Urgent Care said that it is giving priority access to first responders and front line health care workers for evaluation, care, and testing at its 52 urgent care centers in Long Island, New York City, and Westchester during the novel coronavirus outbreak. The New York health care provider is said to have made […]
US cannabis cultivator iAnthus Capital will be officially inaugurating its first Northeast Be. cannabis retail store on Staten Island, New York City on 26 March. The company, which owns, operates, and partners with licensed cannabis operations across the US, said that the new retail store of 3,850 square foot space, is located at 338 New […]
PacSun, a California-based teen apparel retailer, is expanding with new stores in Los Angeles and New York City. The newly opened PacSun Los Angeles store is spread across 5,000 square feet, while the New York teen clothing store which spans 8,000 square feet is set to open on 19 March. Alfred Chang – PacSun President […]
Macy’s job cuts : US upscale department store chain Macy’s intends to close around 125 stores in lower-tier malls during the next three years owing to their low profitability, resulting in nearly 2,000 job losses. Macy’s store closure update The stores to be closed include nearly 30 that are already in the process of being […]
Weav Music, a musictech startup based in Brooklyn, New York City, has raised $5 million in a Series A financing round to expand its adaptive music platform, which is available currently under its Weav Run app. The audio innovation lab, which is led by Lars Rasmussen – co-founder of Google Maps and Elomida Visviki – […]
US cybersecurity company StrikeForce Technologies has launched a new cyber solution called Secure eTravelers to protect the personal devices like computers and cell phones of hotel guests from hackers while traveling and using Wi-Fi. The Secure eTravelers cyber solution has been developed to address the increased hacking incidences targeted at recreational and business travelers, with […]
Apartment listing network Apartments.com has entered into a partnership with Nestio with a goal to improve the rental experience of the residents in New York City. Nestio provides marketing and leasing software for residential rental owners and managers. Through the partnership, Nestio customers in the New York City rental market can post their listings in […]
Vesta acquisition of Alex Apparel : Vesta Capital Management said that one of its affiliates has acquired New York City based women’s clothing retailer Alex Apparel Group from Atlantic Street Capital for an undisclosed price. Alex Apparel is a designer and wholesaler of eveningwear dresses and social dresses under the brands Alex Evenings, Ignite Evenings […]
Restaurant industry news : Kellogg’s will open a new permanent cereal cafe in New York City early next month, having tasted success in its first year at Times Square. The Kellogg’s cereal cafe will come up in Union Square neighborhood, at 31 E 17th Street. It will have a cereal-inspired menu which would include some […]