Brian Womack
Managing Editor at Dallas Business Journal
Retail Reporter at The Dallas Morning News
Managing Editor at the Dallas Business Journal.
Articles
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1 week ago |
thebrunswicknews.com | Brian Womack
An artificial intelligence startup is moving its U.S. headquarters from the heart of San Francisco to a new home in Plano. Cognigy, which has its global headquarters in Germany, is relocating the hub to a site with room to expand. The customer-service automation company, which has customers such as Toyota, Nestle and DHL, has raised about $175 million, including a round last year that pulled in $100 million, according to Joe Havlik, vice president and North America general manager for the company.
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1 week ago |
gmtoday.com | Brian Womack
A Dallas company that specializes in home interiors is being sold for more than $1 billion to Lowe’s, the massive national retailer. Artisan Design Group is set to be acquired for $1.33 billion by the chain, according to an announcement on Monday by the well-known store. The deal is financed by cash on hand and is expected to close in the second quarter of 2025, subject to approvals and other customary closing conditions.
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1 week ago |
thebrunswicknews.com | Brian Womack
By Brian Womack, The Dallas Morning News A Dallas company that specializes in home interiors is being sold for more than $1 billion to Lowe's, the massive national retailer. Artisan Design Group is set to be acquired for $1.33 billion by the chain, according to an announcement on Monday by the well-known store. The deal is financed by cash on hand and is expected to close in the second quarter of 2025, subject to approvals and other customary closing conditions.
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2 weeks ago |
thebrunswicknews.com | Brian Womack
By Brian Womack, The Dallas Morning News The parent of JCPenney is making deeper cuts with employees. Plano's Catalyst Brands is reducing its corporate staff by about 9%, the company said. That comes on top of the announcement in February when it said it was shrinking its corporate workforce by approximately 5%. The cuts are early steps after the tie-up of JCPenney and Sparc Group, which includes several retailers, to form the new company.
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2 weeks ago |
thebrunswicknews.com | Brian Womack
Walmart, a key player in the North Texas retail market, is "working through" a new tariff environment even as it sees opportunities to grab market share. At an investment community meeting in Dallas on Wednesday, executives said Walmart can make share gains as it uses its vast relationships with suppliers and taps into its massive network of stores and e-commerce services. The changes came quick.
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The bigger picture: Office buildings constructed in the 1980s are struggling across #DFW. And there are a lot of them. #cre - Dallas Business Journal https://t.co/guBXG4tyKW via @DallasBizNews
The Collonade is not alone in its struggles as owners of older properties increasingly face occupancy challenges and diminishing valuations. #cre - Dallas Business Journal https://t.co/7uxIPqA5Y4 via @DallasBizNews
The Japanese auto giant has its North American headquarters in Plano, Texas. It's indicated it will not raise prices for vehicles sold in the U.S., even with the new tariffs in place. Experts weigh in - Dallas Business Journal https://t.co/lBZaHkuQaM via @DallasBizNews
