Industry News

Peak Resorts Inc., a Wildwood-based operator of ski resorts, announced Monday that it had agreed to sell $20 million in Series A convertible preferred shares to CAP 1 LLC through a private placement. CAP 1 LLC, which owns 8.7 percent of Peak Resorts' common stock, is managed by Summer Road LLC. As part of this deal, Summer Road will have the right to nominate a person for election to Peak's board of directors."/>
Peak Resorts to offer preferred stock to CAP 1 [St. Louis Post-Dispatch]
Tableau names ex-Amazon exec as its new CEO [The Seattle Times]
Ralph Lauren is also dropping Lochte."/>
Ryan Lochte dropped by Speedo and Ralph Lauren over behavior in Rio [The Oregonian, Portland, Ore.]
Darden Restaurants is testing ride hailing services Uber and Lyft to pick up brunch customers at its Seasons 52 chain-- and paying the fare-- as a way to promote their Sunday brunches. Seasons 52 has begun sending email messages to customers near their Altamonte Springs and San Diego restaurants, saying it will give them a ride credit if they use the ride-sharing services to get back and forth between Sunday brunch. "People like the idea of being able to Uber in, eat and Uber back,"..."/>
Seasons 52 tests paying for Uber, Lyft rides for brunch [Orlando Sentinel]
Dick's Sporting Goods and Field& Stream are set to open under one roof Friday, just north of Interstate 64 off Battlefield Boulevard."/>
Chesapeake grand opening of Dick's Sporting Goods to feature Frank Beamer, "Swamp People" stars [The Virginian-Pilot]
McDonald's french fries. As part of last week's release of Frank Ocean's new album "Blonde" and visual album "Endless," West penned a poem titled "McDonald's Man" for the accompanying "Boys Don't Cry" magazine. The zines were only available at four pop-up shops, one each in the Chicago area, New York, Los Angeles and London."/>
Kanye West pens poem about McDonald's, has intense fry-related feelings [Chicago Tribune]
Toyota Team Members Tackle the Terrain of Latin America

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