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NRDC Equity Partners
NRDC Equity Partners (NRDC) is an American private investment firm focused on retail, real estate, and consumer branded businesses. History NRDC was founded in 2005 by Robert C. Baker, owner of National Realty & Development Corp; and William L. Mack and Lee S. Neibart, partners of AREA Property Partners. NRDC has completed five transactions since 2005, totaling almost $5 billion in enterprise values and has invested approximately $1.5 billion of equity for its transactions. NRDC targets transactions ranging from $250 million to $5 billion of enterprise value, requiring total equity investments of $50 million to $1.5 billion. Portfolio NRDC's current portfolio includes two of the leading companies in their sectors, Hudson's Bay Company (HBC) and Retail Opportunity Investments Corporation (ROIC). HBC is a holding company that owns and manages over of retail properties located in Canada and the U.S. through its two main divisions: * Hudson's Bay – operates over 80 departme ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Privately Held Company
A privately held company (or simply a private company) is a company whose Stock, shares and related rights or obligations are not offered for public subscription or publicly negotiated in their respective listed markets. Instead, the Private equity, company's stock is offered, owned, traded or exchanged privately, also known as "over-the-counter (finance), over-the-counter". Related terms are unlisted organisation, unquoted company and private equity. Private companies are often less well-known than their public company, publicly traded counterparts but still have major importance in the world's economy. For example, in 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for $1.8 trillion in revenues and employed 6.2 million people, according to ''Forbes''. In general, all companies that are not owned by the government are classified as private enterprises. This definition encompasses both publ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Neiman Marcus
Neiman Marcus is an American department store chain founded in 1907 in Dallas, Texas by Herbert Marcus, his sister Carrie Marcus Neiman, and her husband Abraham Lincoln Neiman. It has been owned by Saks Global, a Corporate spin-off, spin-off of the Hudson's Bay Company, since 2024. History 1907–1949 Herbert Marcus Sr., a former buyer with Dallas' Sanger Brothers department store, had left his previous job to found a new business with his sister Carrie Marcus Neiman and her husband, Abraham Lincoln Neiman, then employees of Sanger Brothers competitor A. Harris and Co. In 1907, the trio had () from the successful sales-promotion firm they had built in Atlanta, Georgia, and two potential investments of funds. Rather than take a chance on an unknown "sugary soda pop business," the three entrepreneurs rejected the fledgling The Coca-Cola Company, Coca-Cola company and chose instead to return to Dallas to establish a retail business. For this reason, early company CE ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Private Equity Firms Of The United States
Private or privates may refer to: Music * "In Private", by Dusty Springfield from the 1990 album ''Reputation'' * Private (band), a Denmark-based band * "Private" (Ryōko Hirosue song), from the 1999 album ''Private'', written and also recorded by Ringo Sheena * "Private" (Vera Blue song), from the 2017 album ''Perennial'' Literature * ''Private'' (novel), 2010 novel by James Patterson * ''Private'' (novel series), young-adult book series launched in 2006 Film and television * ''Private'' (film), 2004 Italian film * ''Private'' (web series), 2009 web series based on the novel series * ''Privates'' (TV series), 2013 BBC One TV series * Private, a penguin character in ''Madagascar'' Other uses * Private (rank), a military rank * ''Privates'' (video game), 2010 video game * Private (rocket), American multistage rocket * Private Media Group, Swedish adult entertainment production and distribution company * ''Private (magazine)'', flagship magazine of the Private Media Group ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Services Companies Established In 2005
Finance refers to monetary resources and to the study and discipline of money, currency, assets and liabilities. As a subject of study, is a field of Business Administration wich study the planning, organizing, leading, and controlling of an organization's resources to achieve its goals. Based on the scope of financial activities in financial systems, the discipline can be divided into personal, corporate, and public finance. In these financial systems, assets are bought, sold, or traded as financial instruments, such as currencies, loans, bonds, shares, stocks, options, futures, etc. Assets can also be banked, invested, and insured to maximize value and minimize loss. In practice, risks are always present in any financial action and entities. Due to its wide scope, a broad range of subfields exists within finance. Asset-, money-, risk- and investment management aim to maximize value and minimize volatility. Financial analysis assesses the viability, stability, and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Signa Holding
Signa Holding GmbH (stylized SIGNA) is Austria's largest privately owned real estate company. Signa Holding GmbH announced insolvency proceedings at the end of November 2023. The company will apply for self-administration restructuring proceedings at the Commercial Court of Vienna. Signa was founded in 2000 by the Tyrolean entrepreneur René Benko. Over the years, it has become a pan-European real estate group with more than 150 employees and offices in Vienna, Innsbruck, Munich, Düsseldorf, Luxembourg, Zurich, Bolzano, Berlin and Hamburg. The principal focus of the group is long-term investment in real estate in prime city centre locations. The firm has also became the biggest owner of malls in Central Europe with over 46,000 employees. Structure In 2013, Signa extended its activities on merchandising by acquiring majority stakes in the German sporting goods specialist Karstadt sports and in Karstadt Premium. In the summer of 2014, Signa took over Karstadt Warenhaus. Si ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Galeria Karstadt Kaufhof
Galeria Karstadt Kaufhof GmbH (), based in Essen, Germany, is the second largest department store group in Europe, with 92 locations and 18,000 employees. The company was formed in 2018 with the merger of two of Germany's most historic department store chains, Galeria Kaufhof and Karstadt Karstadt Warenhaus GmbH was a German department store chain whose headquarters were in Essen. Until 30 September 2010 the company was a subsidiary of Arcandor, Arcandor AG (which was known until 30 June 2007 as KarstadtQuelle AG) and was respo .... On August 20, 2021, it was announced that all stores of both chains would be rebranded as Galeria. The first three stores and the online store were rebranded on October 27, 2021, with remaining stores following. The company suffered during the COVID-19 pandemic and in 2020 announced plans to close 62 of its 172 stores. In January 2022, it received €250 million in federal aid, after having received a €460 million loan from the economic stabili ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Galeria Kaufhof
Galeria Kaufhof GmbH was a German department store chain, headquartered in Cologne. It was a member of the International Association of Department Stores from 1930 to 2010, with various CEOs acting as presidents of the Association over time. Until 30 September 2015, the company was a subsidiary of Metro AG, when the company announced that it had been acquired by Hudson's Bay Company. In September 2018 they announced plans to merge with their largest competitor Karstadt. In June 2019 all the shares of Galeria Kaufhof were bought by the Austrian company Signa Holding, who been the partner in the former merger. On 25 March 2019, Karstadt and Galeria Kaufhof launched their merged company, Galeria Karstadt Kaufhof, based in Essen, with a new logo and a new website ''galeria.de''. Business portfolio *Galeria Kaufhof - 97 branches *DINEA Gastronomie GmbH - 58 restaurants *Galeria Inno INNOvative Retail BV, (commonly referred to as Inno, and formerly known as Galeria Inno) is an ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Home Outfitters
Home Outfitters (known as Déco Découverte in Quebec; originally called Bed, Bath & More) was a Canadian retail home decor chain, owned by Hudson's Bay Company established in 1999, that sold bedding, towel A towel () is a piece of absorption (chemistry), absorbent cloth or paper used for drying or wiping a surface. Towels draw moisture through direct contact. Bathing towels and hand towels are usually made of cotton, linen, bamboo and Microfiber, ...s, housewares, and other home accessories. All 37 remaining stores were phased out in July 2019. As of 2025, the Home Outfitters brand, along with the rest of the HBC trademarks were acquired by Canadian Tire. History Home Outfitters originally launched in 1998 as Bed, Bath & More, before being revamped and relaunched under the new name in 1999. The chain peaked at 69 locations in October 2014. In July 2014, HBC announced that it would begin integrating Home Outfitters into its Hudson's Bay retail division (including increas ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Le Tote
Le Tote was an online women's clothing rental business in the United States which used a subscription box model. It was founded in 2012 by Brett Northart and Rakesh Tondon. In 2019, Le Tote acquired Lord & Taylor. Le Tote was one of several companies renting women's clothes; competitors included Rent the Runway, The Ms. Collection, Gwynnie Bee, and Armarium. While Rent the Runway focuses more on high-end, "event-driven" clothes, Le Tote mainly rented "everyday wear." In late August 2019, Le Tote finalized an agreement with Hudson's Bay Company to buy the Lord & Taylor chain for C$99.5 million in cash on closing plus C$33.2 million two years later. HBC was to get a 25% equity stake in Le Tote. The buyer would retain the stores' inventory, with an estimated value of C$284.2 million. The deal required HBC to pay the stores' rent for at least three years, at an estimated C$77 million cash per year. On August 2, 2020, Le Tote and subsidiary of Le Tote, Lord & Taylor filed for Chap ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lord & Taylor
Lord & Taylor was an American department store chain founded in 1826 by Samuel Lord. It had 86 full-line stores in the Northeastern United States at its peak in the 2000s, and 38 locations at the time of its liquidation in 2021. The Lord & Taylor Building flagship store in Midtown Manhattan operated from 1914 until 2019, and was designated a New York City Landmark in 2007. The chain was owned by many companies in its existence, including Associated Dry Goods from 1916–1986, The May Department Stores Company from 1986–2005, Federated Department Stores from 2005–2006, NRDC Equity Partners from 2006–2008, Hudson's Bay Company from 2008–2019, and Le Tote from 2019–2021. The intellectual property was sold to the Saadia Group, which attempted to relaunch the brand as a web store. Saadia went into default in March 2024, and the intellectual property was acquired by Regal Brands Global that September. History Under the Lord family, 1826–1916 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Real Estate Investment Trust
A real estate investment trust (REIT, pronounced "reet") is a company that owns, and in most cases operates, income-producing real estate. REITs own many types of real estate, including office and apartment buildings, studios, warehouses, hospitals, shopping centers, hotels and commercial forests. Some REITs engage in financing real estate. REITs act as a bridge from financial markets and institutional investors to housing and urban development. They are typically categorized into commercial REITs (C-REITs) and residential REITs (R-REITs), with the latter focusing on housing assets, such as apartments and single-family homes. Most countries' laws governing REITs entitle a real estate company to pay less in corporation tax and capital gains tax. REITs have been criticised as enabling speculation on housing, and reducing housing affordability, without increasing finance for building. REITs can be publicly traded on major exchanges, publicly registered but non-listed, or pr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Saks Off 5th
Saks OFF 5TH, formerly Saks Fifth Avenue Off 5th, is an American off-price department store chain founded in 1990, and a sister brand to the luxury department store chain Saks Fifth Avenue. Both chains were owned by holding company Saks, Inc., acquired by the Canadian-founded Hudson's Bay Company in 2013, and spun-off into Saks Global in 2024. Saks Off 5th grew throughout the United States before expanding into Canada in 2016. It competes with off-price department stores including Burlington, Macy's Backstage, Nordstrom Rack, Ross Dress for Less, and the TJX Companies. , Saks Off 5th operates 98 off-price department stores across 22 U.S. states: Arizona, California, Connecticut, Florida, Georgia, Hawaii, Illinois, Massachusetts, Maryland, Michigan, Minnesota, North Carolina, New Hampshire, New Jersey, Nevada, New York, Ohio, Oregon, Pennsylvania, South Carolina, Texas, and Virginia; Washington, D.C.; and 4 Canadian provinces: Alberta, British Columbia, Manitoba, and Ontario. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
