Browsing Tag
Phoenix
47 posts
Inditex targets 20 US expansion projects by 2027 as Zara shifts toward larger flagship stores
Inditex targets 20 US expansion projects by 2027 as Zara uses online demand to select larger stores, shifting growth from store count to productivity.
KKR targets A1 Garage Door in $2bn transaction as residential-services consolidation accelerates
KKR has reportedly agreed to acquire A1 Garage Door Service for about $2 billion, extending private equity’s push into fragmented residential trades. Founder Tommy Mello built A1 from $25 million of revenue in 2017 to more than $200 million, while the company has completed a long series of local acquisitions. The valuation suggests KKR is betting that garage-door repair can follow HVAC and plumbing into a much larger institutional consolidation cycle.
Sprouts Farmers Market sales reached $2.3bn. Why is Nick Konat taking over as CEO now?
Sprouts Farmers Market has selected President and Chief Operating Officer Nick Konat to succeed Jack Sinclair as chief executive officer in January 2027 as the specialty grocer balances rapid store expansion with softer comparable sales.
Two Phoenix police officers fired and arrested over violent unreported traffic stop
Luis Vasquez Jr. and Antonio Felix have been fired and arrested after investigators alleged they assaulted and threatened a couple during an unreported traffic stop.
TSMC Arizona Semiconductor Manufacturing Project: Phoenix chip fabs expand into $265bn AI-era cluster
The TSMC Arizona Semiconductor Manufacturing Project is a Phoenix-based advanced chipmaking cluster operated by TSMC Arizona Corporation, with N4 production already underway, N3 targeted for 2027 and planned investment now rising to $265bn.
Western Gateway pipeline: PSX-led joint venture takes FID on $5bn refined fuels line
Phillips 66, Kinder Morgan and HF Sinclair take FID on the $5bn Western Gateway pipeline, targeting Arizona and California by 2029 as refineries close.
Cavco Industries (CVCO) Q1 FY27: Backlog jumps 53% to $298m as factory-built margin slips and EPS misses
Cavco Q1 FY27 backlog jumped 53% to $298M ahead of the ROAD to Housing Act rollout, but factory margin fell to 20.8% and EPS dropped to $5.43.
Why Linde is spending $1bn on gases that advanced semiconductor fabs cannot operate without
Linde’s $1 billion Phoenix semiconductor gas expansion deepens its electronics backlog, but margins and project execution remain the key valuation test.
LXP Industrial (NYSE: LXP) to go private as Brookfield and CPP Investments strike $5.2bn Sunbelt logistics deal
Brookfield and CPP Investments to take LXP Industrial private at $61.20 cash in a $5.2 billion deal, with a 40-day go-shop live and LXP's 33-year dividend streak paused.
Honeywell has finally broken up, so what changes now for 30,000 aerospace employees?
Honeywell Aerospace has started trading independently after separating from Honeywell Technologies, giving Jim Currier direct control over more than 30,000 employees, a $19 billion business and a supply chain struggling to keep pace with aviation and defence demand.