FINANCE

Pathlight Capital issues term loan to Birks & Mayors

BY Katherine Boccaccio

Boston — Pathlight Capital, part of Sycamore Partners, said it will serve as the administrative and co-collateral agent on a $28 million secured term loan facility to Montreal-based jewelry retailer Birks & Mayors.

The loan, which matures August 2018, amends an existing $18 million term loan; the Junior Capital Division of Wells Fargo Capital Finance will serve as the co-collateral agent on the facility.

"We are excited to be Birks & Mayors’ new financial partner. Our creative structure provides additional liquidity to fuel the company’s growth initiatives,” said Daniel Platt, CEO, Pathlight Capital.

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Sweet! Hollywood, Hollywood, Calif.

BY CSA STAFF
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Sweet! Hollywood, at the Hollywood & Highland Center, in Hollywood, Calif., is sure to appeal to anyone in need of a sugar rush. The candy megastore features more than 200 types of gummy candies, 140 flavors of chewing gum, 250 types of lollipops, 300 different chocolate bars and more.

Designed by Richard Altuna, the 30,000-sq.-ft. store is fashioned as a one-of-a-kind retail entertainment experience, with 12 themed boutiques. Shoppers can create custom chocolate bars in the Chocolate Lab, witness candy art shows, check out the tasting machines, and play interactive games. And just for fun, there is a musical staircase.

Sweet! Hollywood plans to expand internationally in the coming years.


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Kohl’s supports women’s health with new athletic collection

BY CSA STAFF

MENOMONEE FALLS, Wis. — Kohl’s has unveiled a line of athletic apparel and accessories called Tek Gear, from the Kohl’s Cares cause merchandise program, and 100% of the net profit will go to support the fight against breast cancer.

“We are thrilled to share our new Kohl’s Cares Tek Gear collection with customers this fall,” said Michelle Gass, Kohl’s chief customer officer. “The pieces feature everything needed to enjoy an active and stylish lifestyle at an incredible value. Customers will also feel good knowing that 100% of the net profit is going to support the fight against breast cancer.”

Available for $5, $10 and $15 apiece, the collection features a variety of colorful tanks, tees, shorts, leggings, fleece pullovers and accessories. Items are available now through Nov. 3 and can be found in all 40 Wisconsin stores and online at Kohls.com. Click here to see the collection.
Kohls.com/Cares

Since 2010, Kohl’s has partnered with the American Cancer Society and the Southeast Wisconsin Affiliate of Susan G. Komen.

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