Modern Storage Media’s Post

In the dynamic landscape of the beauty industry in 2023, key trends emerged that demand attention from supply chain strategists like myself. The resilience of the beauty sector amid economic uncertainties was evident, with Ulta Beauty reporting robust performance despite shifts in consumer behavior. Mass cosmetics, particularly exemplified by E.L.F. BEAUTY, demonstrated sustained growth through strategic marketing initiatives and affordable product offerings. The resurgence of brands like Morphe and Revlon after overcoming financial challenges showcases the industry's adaptability. The mergers and acquisitions (M&A) landscape witnessed significant moves, with L'Oréal's substantial acquisition of Aesop marking a notable highlight. In the mass cosmetics sector, Procter & Gamble's acquisition of Mielle Organics LLC and E.l.f.'s strategic move with NATURIUM underscore the industry's pursuit of diversification. TikTok continued to wield considerable influence, driving beauty discovery and purchases. The platform's impact on specific subcategories, such as artificial nails, signals the evolving nature of consumer preferences. Additionally, the launch of TikTok Shop in the US marked a pivotal moment, indicating a potential shift in beauty retail dynamics. As we navigate the intersection of technology and supply chain, these industry dynamics underscore the importance of agility, innovation, and strategic foresight. The beauty sector's resilience and adaptability provide valuable insights for refining supply chain strategies and embracing change in the ever-evolving retail landscape. Special thanks to Erin Cabrey from Retail Brew for her insights into the beauty industry trends of 2023. Additionally, credit goes to NielsenIQ for providing valuable insights, particularly regarding TikTok Shop and its impact on the health and beauty sales landscape. #BeautyIndustry #RetailTrends #SupplyChain #UltaBeauty #MassCosmetics #MergersAndAcquisitions #ELFBeauty #TikTokInfluence #ConsumerBehavior #EcommerceTrends #InnovationInRetail #ResilienceInBusiness #2023BeautyTrends

ABRI SPAC I, INC. STOCKHOLDERS APPROVE PROPOSED MERGER TRANSACTION WITH DLQ, INC. New York, NY-October 24, 2023 - Abri SPAC I, Inc. (Nasdaq: ASPA, ASPAW, ASPAU, "Abri"), a special purpose acquisition company ("SPAC"), today announced that at a special meeting held on October 23, 2023 (the "Special Meeting"), Abri's stockholders voted to approve its proposed business combination (the "merger") with DLQ, Inc., a provider of e-commerce and digital customer acquisition solutions by simplifying digital advertising. The combined company will operate under the name "Collective Audience, Inc." At the Special Meeting, 2,326,538 or 96.5% of the shares of common stock were represented in person or by proxy and voted in favor of the Merger. In connection with the Special Meeting, 639,963 shares were tendered for redemption. As a result, approximately $6,834,804 million (approximately $10.68 per share), after deducting allowable taxes, will be removed from the Company's trust account to pay such holders. Following redemptions, the Company will have 41,555 public shares of common stock outstanding.

Joe Margolis, CEO of Extra Space Storage, commented: "We successfully completed our transformative merger with Life Storage in the quarter, and we have smoothly integrated its stores, team and systems onto the Extra Space Storage platform. "We have reached our anticipated G&A expense savings run rate from the merger. We have also started optimizing pricing and marketing at the Life Storage properties, and we are on pace to reach our total synergies run rate during the first quarter of 2024. "Operationally, we maintained strong same-store occupancy in the quarter, averaging 94.4%, and increased same-store revenue 1.9%. We remain confident in the durable nature of self-storage and the strength of the Extra Space portfolio, which was enhanced through our recent merger with Life Storage." Read the full press release here: https://lnkd.in/giJM4PG4 #TeamExtraSpace #EXR #stocks #realestate

Make sure to check out the latest on what OK! Magazine had to say about the highly anticipated future of Triller and revolution of short form content! "The upcoming $4 billion merger with AGBA, a NASDAQ-listed ecommerce behemoth, emphasizes Triller's multifaceted capabilities and robust valuation which starkly surpasses the sum agreed upon in the merger, even before considering its role in the social media landscape." 👏 Read full article here: https://lnkd.in/dBCGBp6S

This week’s M&A Minute is a must watch for MSPs with less than 5 million in top-line revenue looking to acquire, be acquired or simply grow.   Roger Michelson, CEO of BNMC - Bredy Network Management Corporation shares how he grew through acquisitions before being acquired by New Charter Technologies, a platform MSP. Roger adds that joining TruMethods' Peer Group was instrumental to his success.   Here’s a taste (in about a minute) of what Roger shared in the full M&A Unpacked episode. If you want to grow your MSP to become an irresistible acquisition target, make sure to watch the full episode here: https://lnkd.in/gy5kHd4V #PeerGroup #MergersandAcquistions

Welcome to Bryten Real Estate Partners, the result of the dynamic merger between MEB Management Services and Weller Management. Check out our new look! Follow our new LinkedIn page Bryten Real Estate Partners for the latest updates. 

If you missed the big news a few months back about the Extra Space Storage x Life Storage merger, then here's a great recap of the transaction and its benefits to both brands. #TeamExtraSpace #LifeStorage #selfstorage

If you missed the big news a few months back about the Extra Space Storage x Life Storage merger, then here's a great recap of the transaction and its benefits to both brands. #TeamExtraSpace #LifeStorage #selfstorage

If you missed the big news a few months back about the Extra Space Storage x Life Storage merger, then here's a great recap of the transaction and its benefits to both brands. #TeamExtraSpace #LifeStorage #selfstorage

If you missed the big news a few months back about the Extra Space Storage x Life Storage merger, then here's a great recap of the transaction and its benefits to both brands. #TeamExtraSpace #LifeStorage #selfstorage