In the markets for new and used cars, costs are up and discounts are down. On the recent Black Friday, discounts were at record lows. Today, the average price of a new car is $40,000 and a used one is $25,000. At the same time,...
There is strength in numbers (in this case, in the number three). JAB Holding Company, parent company of a range of food and drink brands, has combined three of its subsidiaries — Panera Bread, Caribou Coffee and Einstein Bros. Bagels — into Panera Brands, the...
The speculation has ended. Panera Bread is selling. Yesterday (April 5) the quick-service restaurant chain announced that it has entered into a definitive merger agreement with JAB Holding Co., the investment firm that owns Caribou Coffee, Krispy Kreme and Peet’s Coffee, among others. Under the agreement,...
May 20, 2022
Caribou, a FinTech that focuses on automobile installment loan payments, has completed a $115 million Series C funding round, according to a Friday (May 20) press release. The company’s valuation is now $1.1 billion. The company will use the capital to continue growing by investing in its platform and new products as well as adding […]
