PYMNTS-MonitorEdge-May-2024

Weber

Grill Maker Weber to Go Private and Get $350M Loan 
Grill Maker Weber to Go Private and Get $350M Loan 
December 12, 2022  |  Retail

Grill maker Weber is to go private with its planned acquisition by BDT Capital Partners.  Subject to customary conditions, the 70-year-old company is being acquired for $8.05 per...

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Weber Cuts Managers, Keeps Brand Ambassadors, as Sales Drop 20%
Weber Cuts Managers, Keeps Brand Ambassadors, as Sales Drop 20%
August 15, 2022  |  Retail

Grill maker Weber is planning a 10% “reduction of force” in its management staff after reporting a 21% drop in sales Monday (Aug. 15). It’s...

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Today in Retail: GameStop Chooses Former Belk CEO Nir Patel as COO; Weber Continues Its Slide in Q2 Amid Ongoing Inflation
Today in Retail: GameStop Chooses Former Belk CEO Nir Patel as COO; Weber Continues Its...
May 16, 2022  |  Retail

Today in retail, Uber launches a pair of Los Angeles-based robotic delivery pilot programs, while Walmart and Target are among the big retailers set to...

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Weber Continues Slide in Q2
Weber Continues Slide in Q2
May 16, 2022  |  Retail

Grill maker Weber’s efforts to turn around its flagging omnichannel retail business didn’t work out as planned in the second quarter of fiscal 2022 —...

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Today in Retail: MAPCO Stores Going Checkout-Free With Grabango; Louis Vuitton Price Hikes Coming
Today in Retail: MAPCO Stores Going Checkout-Free With Grabango; Louis Vuitton Price Hikes Coming
February 15, 2022  |  Retail

Today in retail, restaurants and grocery stores use shrinkflation to get customers to pay the same amount for less of what they want, while Weber...

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From Grill Academies to New Stores and More D2C, Weber Moves to Dampen Inflation Headwinds
From Grill Academies to New Stores and More D2C, Weber Moves to Dampen Inflation Headwinds
February 15, 2022  |  Retail

In its short six-month life as a public company, outdoor grill maker Weber has faced challenges and investor pressure not seen in its 70-year existence....

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