The RealReal refinanced its debt to strengthen its balance sheet, while Roots shareholders approved the apparel brand's acquisition by Marquee Brands.

The two moves headline this week's retail closeout. Both transactions point in the same direction: companies using dealmaking to shore up their finances in a tough consumer spending environment.

What does The RealReal's refinancing mean?

The resale marketplace restructured its financing to help strengthen its balance sheet. The company operates a marketplace for authenticated luxury consignment, a segment that has faced margin pressure as consumers pull back on discretionary purchases.

The refinancing gives the company more financial flexibility. That matters for a business built on inventory turnover and authentication costs.

Takeaway: The RealReal bought itself room to maneuver.

Where does the Roots buyout stand?

Roots, the Canadian apparel brand, received shareholder approval to be acquired by Marquee Brands, the brand management firm. The approval clears a key procedural hurdle for the transaction to proceed.

The deal now moves toward completion, pending customary closing conditions.

Takeaway: Marquee Brands is one step closer to adding Roots to its portfolio.

What comes next?

Watch for The RealReal to detail how the refinancing affects its cost of capital in upcoming earnings commentary, and for the Roots-Marquee transaction to move through final closing steps.