Daily Retail News Monitor – November 6, 2019

Global retailing business and industry news of last 24 hours comprehensively tracked and compiled from established news portals worldwide.

Section A – Global Retailing Key News: By Region, Country and Company Name
Americas
Parque Arauco , Chile , Hypermarket/ Supermarket/ Superstore
Parque Arauco extends its presence in Colombia The Chilean group of shopping centers plans to expand throughout the Colombian coast with new establishments by 2021. The Chilean shopping center company plans to raise the blind of a new complex in the country, in the city of Barranquilla. In total, Parque Arauco plans to make an investment of 135 million dollars for the next openings in Colombia.  (Nov 5, 2019)Expansion/ Diversification
FEMSA , Mexico (Ticker – FEMSAUBD†) , Food and Drug Stores , LargeCap
Femsa enters the convenience market in Brazil The owner of Oxxo, Mexican Economic Development (Femsa), closed the acquisition of 50 percent of RaÌzen Conveniencias, in Brazil. The transaction had been announced since August 6, when it was specified it would be an alliance for 561 million reais, an estimated $ 139.7 billion with RaÌzen Conveniencias, a company that operates Shell’s gas stations and has Select convenience stores. (Nov 5, 2019)Expansion/ Diversification
Amazon.com Inc , United States (Ticker – AMZN ), E-Commerce , LargeCap
Amazon to open 4-star store in Frisco this week, a first for Texas The first Amazon 4-star in Texas will open at 10 a.m. on November 6 at Friscoís Stonebriar Centre with more than 2,000 items displayed in ways that are familiar to Amazonís online shoppers ó except theyíre within four walls and thereís a staff ready to help. This is only the sixth Amazon 4-star store in the U.S. (Nov 6, 2019) Future Plans
Amazon.com Inc , United States (Ticker – AMZN ), E-Commerce , LargeCap
Amazon’s new physical space in Spain For the second consecutive year, Amazon will re-open a†pop-up store†in Madrid†on the occasion of the†Black Friday celebration. Of course, the e-commerce giant has decided to change location and move from Princesa Street to Callao Square. (Nov 5, 2019)Expansion/ Diversification
Converse , United States , Apparel/ Footwear/ Personal Goods Specialty
Converse continues its expansion in MexicoConverse resumes its expansion plans in Mexico.†The American company specializing in fashion and urban footwear, belonging to Nike, continues with its expansion plans in Mexico, with the launch of a new point of sale in the state of QuerÈtaro. (Nov 5, 2019)Expansion/ Diversification
Indique Hair, United States , Apparel/ Footwear/ Personal Goods Specialty
Indique Hair Expands Into GhanaIndique Hair, the leading premium hair extension brand in the global market, is continuing its expansion in Africa with the launch of the brand in Ghana. Indique will now be available in three retail locations exclusively selling Indique products to discerning women in Ghana. (Nov 5, 2019)Expansion/ Diversification
Surge Holdings, Inc , United States (Ticker – SURG), Supply Chain & Logistics , MicroCap
Surge Holdings Provides Update on Completing Asset Purchase of ECS Prepaid Wireless Business and Software Platform; Adds 9,800 Retail Locations to SurgePaysô Network and Projected $48.7 Million of Additional Annualized Revenue*Surge Holdings, Inc., developer of the SurgePaysô Network for convenience stores, bodegas and community markets that provide products to the underbanked, provided an update on completing the asset purchase of the ECS Prepaid business, Electronic Check Services business and the Central States Legal Services business (collectively, ìECSî). (Nov 5, 2019)Purchase/ Sale of Property/ Assets
Vince Holding Corp , United States (Ticker – VNCE) , Apparel/ Footwear/ Personal Goods Specialty , MidCap
Vince Holding Corp. Announces Acquisition of Rebecca Taylor and Parker Vince Holding Corp., a leading global luxury apparel and accessories brand, announced that it has acquired Rebecca Taylor and Parker. Rebecca Taylor and Parker are contemporary womenís brands distributed to high-end department and specialty stores worldwide as well as through their own branded e-commerce sites and in six Rebecca Taylor retail locations. (Nov 5, 2019) Mergers and Acquisitions
Walmart Inc., United States(Ticker – WMT) , Wholesaler/ Retailers , LargeCap
Ousted McDonaldís CEO resigns from Walmart board Steve Easterbrook has stepped down from the board at Walmart, one day after McDonaldís announced he was being dismissed as CEO for violating company policy by having a consensual relationship with a McDonaldís employee. Mr. Easterbrookís decision to resign was not due to any disagreement with the Company on any matter relating to its operations, policies or practices. (Nov 5, 2019)Management Changes
Europe
Peggy Sage , France , Apparel/ Footwear/ Personal Goods Specialty
Peggy Sage Cosmetics opens a store in Madrid The company, specialized in professional cosmetics, has entered the Spanish market with the opening of a point of sale at number 3 of Glorieta de Quevedo. In the store, which has three floors, Peggy Sage, in addition to marketing its products, will teach aesthetics courses and training classes for professionals in the cosmetics sector. (Nov 5, 2019)Expansion/ Diversification
Swarovski AG , Liechtenstein, Apparel/ Footwear/ Personal Goods Specialty
Swarovski heads its Chilean expansionSwarovski’s luxury is growing in Chile and it has a presence in the Santiago Metropolitan Region with a new store in the Mall Mall Mall Vespucio, which opened its doors last October and became the tenth establishment of the school in the Chilean market. Swarovski seeks to double its number of stores in Chile by 2022 with a focus on new communes and regions of the Chilean territory. (Nov 5, 2019)Expansion/ Diversification
Section B – Global Retailing Other News: By Region, Country and Company Name
Americas
Malambo , Argentina
Malambo chain launched First PriceArgentina: Malambo chain launched First Price (Nov 5, 2019)
Choom Holdings Inc ,Canada
Choom Secures Cannabis Retail Location in Kitsilano, Vancouver (Nov 5, 2019)
Colabor Group Inc ,Canada
Colabor Group Announces the Resignation of Mr. John Hemeon as Senior Vice-President and General Manager of Summit Foods (Nov 5, 2019)
Hobo Recreational Cannabis , Canada
One of Canada’s Top Performing Retail Stores, Hobo Cannabis Company, Announces Fifth Location  (Nov 5, 2019)
Leonisa ,Colombia
Leonisa opens her most iconic store following the international model (Nov 5, 2019)
Oxxo , Mexico
Oxxo suspends banking services after detecting suspicious deposits (Nov 5, 2019)
Aaron’s, Inc. , United States
Aaron’s, Inc. Directors Raise Dividend by 14.3% (Nov 5, 2019)
Ashley Stewart ,United States
Ashley StewartÆ Unveils Exclusive Loni Love Holiday Collection (Nov 5, 2019)
Audio Precision ,United States
Audio Precision Expands Channel Count for PDM Measurement (Nov 5, 2019)
Barnes & Noble, Inc ,United States
Barnes & Noble Names Lisa Jewellís†The Family Upstairs†as November 2019 National Book Club Selection (Nov 5, 2019)
BEARPAW ,United States
BEARPAW Expands Stylish Vegan Offerings To Spring/Summer 2020 (Nov 5, 2019)
CV Sciences ,United States
CV Sciences, Inc. Reports Third Quarter 2019 Financial Results (Nov 5, 2019)
Davidís Bridal Inc ,United States
Wedding gown retailer Davidís Bridal reaches deal to remain in business  (Nov 5, 2019)
Falabella ,United States
Falabella reduced its sales for the first time in the year (Nov 5, 2019)
Fareway Stores, Inc. ,United States
Fareway Stores deploy digital signage (Nov 5, 2019)
Foot Locker Retail, Inc , United States
Foot Locker, New Balance and PENSOLE Open Registration for Next ‘Fueling the Future of Footwear’ Master Class  (Nov 5, 2019)
GameStop Inc, United States
GameStop Reveals Its 2019 Thanksgiving Day and Black Friday Store Hours (Nov 5, 2019)
Giant Food Stores, LLC ,United States
Giant Food launches ad campaign focused on grocery pickup (Nov 5, 2019)
GrowGeneration Corp , United States
GrowGeneration Appoints Tony Sullivan as Executive Vice President and Chief Operating Officer (Nov 5, 2019)
Harry & David Holdings, Inc ,United States
Harry & David Continues Its Digital Transformation, Introducing New Features And Functionality Just In Time For Holiday Shopping (Nov 5, 2019)
Helpjess ,United States
HelpJess Aims to Revitalize and Spark New Interest in the Famous Great Singapore Sale (Nov 6, 2019)
iFresh, Inc. , United States
iFresh Inc. Receives News with Respect to Xiaotai International Investment Inc (Nov 5, 2019)
Meijer Inc ,United States
Meijer Shares its Largest Top Toy List Ever this Holiday Season (Nov 5, 2019)
Newell Brands ,United States
Newell Brands Declares Dividend on Common Stock (Nov 5, 2019)
NightFood†Holdings, Inc. , United States
Nightfood Ice Cream Engages Independent Natural Food Brokers to Expand Distribution West of Mississippi, Securing Additional New Supermarket Chains (Nov 5, 2019)
Nu Skin Enterprises, Inc. , United States
Nu Skin Enterprises Reports Third-Quarter 2019 Results (Nov 5, 2019)
Nu Skin Enterprises, Inc. , United States
Nu Skin Enterprises Announces Quarterly Dividend (Nov 5, 2019)
Rakuten Super Logistics , United States
Rakuten Super Logistics Expands Order Fulfillment Facilities to Miami & Denver Markets (Nov 5, 2019)
Ralph Lauren Corporation ,United States
Ralph Lauren launches digital IDs to authenticate merchandise (Nov 5, 2019)
Richrelevance, United States
Manthan Software Heralds a New Era of Algorithmic Customer Experiences by Consolidating Business with Personalisation Leader, RichRelevance (Nov 5, 2019)
RichRelevance, Inc. ,United States
RichRelevance Announces Plans to Consolidate Business With Manthan Software  (Nov 5, 2019)
Sally Beauty Holdings, Inc ,United States
Sally Beauty Expands ‘Color Before You Commit’ ColorViewô AI Technology to Mobile App and to In-Store Experience in 500 Locations Nationwide (Nov 5, 2019)
Sensormatic Solutions ,United States
Sensormatic Solutions Seamlessly Combines the Power of a Cloud-Based Analytics Platform With exacqVision VMS for Smart Loss Prevention (Nov 5, 2019)
ShopRite , United States
Wakefern’s ShopRite introduces two new store brands (Nov 5, 2019)
Southeastern Grocers ,United States
Southeastern Grocers rolls out CBD products to stores (Nov 5, 2019)
Stanton Optical ,United States
Stanton Optical, a Leading Eye Health Provider, Opens Fourth Retail Store in New Orleans Area (Nov 5, 2019)
State Forty Eight ,United States
State Forty Eight wins 2019 Spirit of Enterprise Award (Nov 5, 2019)
Symphony RetailAI ,United States
MDI, an Alex Lee Company, Deploys AI Technologies to Support Distribution Business (Nov 5, 2019)
The Kroger Co , United States
Kroger projects momentum for same-store sales, improved profit for 2020 (Nov 5, 2019)
The Looma Project ,United States
Looma Introduces Loopô: Innovative Retail Storytelling Platform Reaches More Than 200 Stores(Nov 5, 2019)
The NPD Group, Inc. ,United States
The NPD Group Announces Winners of Inaugural Aftermarket Performance Awards (Nov 5, 2019)
Verdable ,United States
Luxury CBD E-Commerce Site Verdable Launches in U.S. Market (Nov 5, 2019)
Walgreens Boots Alliance, Inc , United States
Walgreens has explored taking drug store chain private – sources  (Nov 6, 2019)
Walmart Inc. ,United States
Walmart Teams With Ria To Offer International Money Transfers In US Stores (Nov 5, 2019)
Weyco Group, Inc , United States
Weyco Reports Third Quarter Sales And Earnings (Nov 5, 2019)
Winsight Grocery Business , United States
Retail Foodservice Solutions Joins the National Restaurant Association Show (Nov 5, 2019)
Asia
Alibaba Group Holding Limited ,China
Alibaba bills 40.8% more (Nov 5, 2019)
Kingold Jewelry Inc ,China
Kingold Jewelry Announces Date of Its 2019 Annual Meeting of Stockholders (Nov 5, 2019)
Suning.com Co., Ltd ,China
Suning International Partnered with Italian Trade Agency, to Provide ‘Authentic Italian’ for Chinese Consumers (Nov 5, 2019)
BigBasket , India
BigBasket announces ‘big 47 sale’ from tomorrow  (Nov 5, 2019)
Fabindia ,India
Chief Brand & Marketing Officer of Fabindia quits (Nov 5, 2019)
Paytm , India
Epic On partners with†Paytm (Nov 5, 2019)
Titan Company Limited , India
Titan Q2 profit grows 3.5% YoY to Rs 311.65 crore, misses estimates  (Nov 6, 2019)
ICONSIAM ,Thailand
Bangkok’s ICONSIAM unveils TRUE ICON HALL – new national conference complex (Nov 6, 2019)
Europe
BoConcept ,Denmark
BoConcept’s Profitable Franchise Opportunity Propels Several Existing Franchisees Across the U.S. Into Multi-Unit Ownership (Nov 5, 2019)
adidas ,Germany
Adidas reinvents retail experience with Oxford Street flagship store (Nov 6, 2019)
Primark ,Ireland
Primark adding stores in defiance of retail downturn (Nov 5, 2019)
Intesa Sanpaolo S.p.A , Italy
Intesa’s net profit tops forecasts, helped by trading gains (Nov 5, 2019)
Koninklijke Ahold Delhaize N.V ,Netherlands
Ahold Delhaize N : Online sales buoy supermarket group Ahold Delhaize (Nov 6, 2019)
Deliveroo ,United Kingdom
Deliveroo will begin to distribute food prepared by supermarkets (Nov 5, 2019)
Marks & Spencer Group plc , United Kingdom
Britain’s M&S profit down 17% on weak clothing sales (Nov 6, 2019)
Marks & Spencer Group plc ,United Kingdom
British Retailer Marks & Spencer Commits To Selling Only Vegan Wine By 2022 (Nov 5, 2019)

David Zweifler

David is the founder of Gordon Magazine. David's experience spans investment banking, journalism, marketing and technology.

David Zweifler