Daily Retail News Monitor – November 14, 2019

 

Section A – Global Retailing Key News: By Region, Country and Company Name
Americas
Amazon.com Inc , United States (Company Site) (Ticker – AMZN ) , E-Commerce , LargeCap
Ecommerce: Amazon ready the details to open its own supermarkets The ecommerce giant will open its first supermarket next year, which will not be related to Whole Foods. Read more (Nov 13, 2019) Future Plans

American Eagle Outfitters, Inc. , United States (Company Site) (Ticker – AEO) , Apparel/ Footwear/ Personal Goods Specialty , LargeCap
Colombia: American Eagle launches online store in the country The American jeans and casual fashion company, American Eagle continues its expansion in the country where it operates in cities such as Bogotá, Medellín, Cali, Barranquilla, Bucaramanga and Manizales, adding seventeen stores in the Colombian market. The company has seventeen establishments in Colombia, in cities such as Cali, Envigado, Barranquilla, Bucaramanga and Manizales. Read more (Nov 13, 2019) Expansion/ Diversification


Applebee’s International, Inc. , United States (Company Site) , Food and Drug Stores
Applebee’s® Franchisee Expands Portfolio to Wisconsin Louisiana Apple LLC, operating as Wisconsin Apple LLC, led by Seenu Kasturi, expanded its franchisee portfolio through the acquisition of 29 Applebee’s restaurants in Wisconsin. Louisiana Apple LLC now operates 47 Applebee’s restaurants across Arkansas, Indiana, Kentucky, Oklahoma and Wisconsin. Read more (Nov 13, 2019) Expansion/ Diversification


K-eCommerce , United States (Company Site) , Technology
Mediagrif announces agreement to acquire k-eCommerce, a leading provider of e-commerce business solutions Mediagrif Interactive Technologies Inc., a Canadian leader in information technology, announced that it has entered into an agreement for the acquisition of all of the issued and outstanding shares of kCentric Technologies Inc., a leading provider of e-commerce solutions designed for Microsoft Dynamics and SAP Business One ecosystems and servicing the specific needs of mid-sized enterprises. Read more (Nov 13, 2019) Mergers and Acquisitions


Nike, Inc. , United States (Company Site) (Ticker – NKE) , Apparel/ Footwear/ Personal Goods Specialty , LargeCap
Nike to Stop Selling Directly to Amazon Nike Inc. said it would stop selling its clothes and sneakers directly to Amazon.com Inc., an about-face for the sportswear brand. Nike said it has decided to focus on its direct business, though it will continue to seek partnerships with other retailers and platforms. Read more (Nov 13, 2019) Bankruptcy/ Closure of Units/ Plants


Sezzle Inc , United States (Company Site) (Ticker – 0SEA) , E-Commerce , SmallCap
Sezzle Inc. the ‘Buy Now, Pay Later’ Payments Innovator, Announces Key Investments into Canadian Marketplace. Sezzle will add payments and technology industry veteran Patrick Chan as General Manager for Canada and is opening a Toronto headquarters to serve the Canadian market. Sezzle Inc. announced a number of key investments aimed at positioning the company as the premier ‘buy now, pay later’ (BNPL) payments platform in the Canadian marketplace. Read more (Nov 13, 2019) Investments


Solstice Sunglasses , United States (Company Site) , Apparel/ Footwear/ Personal Goods Specialty
Affordable Eyewear Brand Privé Revaux Announces Retail Partnership With Solstice High-quality, affordable celebrity eyewear brand, Privé Revaux announced its retail expansion into Solstice Sunglasses boutiques. The partnership will commence with a curated selection of Privé Revaux’s premium sunglasses available in select locations and online at SolsticeSunglasses.com starting in November. Read more (Nov 13, 2019) Contracts/ Deals


Subway , United States (Company Site) , Food and Drug Stores
Subway Restaurants Names John Chidsey CEO Subway Restaurants announced that John Chidsey has been named Chief Executive Officer effective November 18, 2019. Read more (Nov 13, 2019) Management Changes


Sysco Corporation , United States (Company Site) (Ticker – SYY ) , Food and Drug Stores , MidCap
Sysco acquires two Hawaii food distributors Sysco, the nation’s largest food service distributor, has acquired two Hawaii-based food wholesalers and distributors. Read more (Nov 13, 2019) Mergers and Acquisitions


Walmart Inc. , United States (Company Site) (Ticker – WMT) , Wholesaler/ Retailers , LargeCap
Argentina: Walmart Supermarkets inaugurates first Pickup in Campana Walmart presents the first exclusive Pickup point in Campana. Located at the intersection of Miter and Castelli streets, the service is committed to offering Campana and Zárate customers the possibility of withdrawing their purchases online if they get out of the car. Read more (Nov 13, 2019) Expansion/ Diversification


Walmart Inc. , United States (Company Site) (Ticker – WMT) , Wholesaler/ Retailers , LargeCap
Walmart launches voice shopping for grocery on Apple Walmart launched a Siri shortcut for online grocery in partnership with Apple. The shortcut allows customers to add products to their Walmart grocery cart by talking to Siri. With the Siri shortcut, Walmart broadens the reach of its online shopping, expanding the Voice Order customer base to Apple users. Read more (Nov 14, 2019) Contracts/ Deals


Asia
Stylerunner , Australia (Company Site) , Apparel/ Footwear/ Personal Goods Specialty
Accent Group acquires Stylerunner, plans to open bricks-and-mortar stores Footwear giant Accent Group has acquired Stylerunner, an online activewear retailer that went into voluntary administration three weeks ago, for an undisclosed sum. The acquisition would enable the company to reach a new, predominantly female, audience and tap into the booming activewear and wellness categories. Read more (Nov 14, 2019)Mergers and Acquisitions


6IXTY8IGHT , Hong Kong (Company Site) , Apparel/ Footwear/ Personal Goods Specialty
6ixty8ight to launch online in Singapore and Malaysia Hong Kong-headquartered lingerie retailer 6ixty8ight is to open an e-commerce store for Singapore and Malaysia this month.In the first phase of online store development, 6ixty8ight will introduce “Click & Collect”, where online purchases can be picked up at any preferred local store. Read more (Nov 14, 2019) Expansion/ Diversification


Future Group , India (Company Site) , Wholesaler/ Retailers
US-based Dole Food Co to enter India through tie-up with Future Group US-based Dole Food Company, which sells fresh and packaged fruits globally, is entering into the Indian market through a tie-up with leading retail firm Future Group by the end of this year. Read more (Nov 13, 2019) Contracts/ Deals


Line Corporation , Japan (Company Site) (Ticker – 3938) , Technology , LargeCap
SoftBank’s Z Holdings confirms merger talks with Line The Softbank-owned operator of search engine Yahoo Japan is in talks to merge with messaging app firm Line, a union that would create a group extending from retail to mobile payments in one of the biggest Japanese tech deals of the year. Read more (Nov 14, 2019) Mergers and Acquisitions


Europe
Chloé , France (Company Site) , Apparel/ Footwear/ Personal Goods Specialty
Chloe opens first Hong Kong travel retail store French luxury brand Chloe has opened its first travel-retail store inside Hong Kong International Airport. Chloe has been accelerating its travel-retail expansion strategy, having opened 10 other stores at other international airports this year so far. Read more (Nov 14, 2019) Expansion/ Diversification


Adidas AG , Germany (Company Site) (Ticker – ADS) , Apparel/ Footwear/ Personal Goods Specialty , LargeCap
Adidas closes robotic factories Adidas has announced that it will cease production at its German and US factories from April 2020. The sites in Ansbach, Germany, and Atlanta, USA, currently use the retailer’s ‘Speedfactory’ robotic technology to create products at speed in a bid to meet consumer demand for new styles. Read more (Nov 13, 2019) Bankruptcy/ Closure of Units/ Plants


Lush , United Kingdom (Company Site) , Apparel/ Footwear/ Personal Goods Specialty
LUSH set to expand its network The British cosmetics manufacturer has now opened two new concept shops in Paris & Florence and also its second biggest shop in Europe in Munich. The new store in Paris is called Fresh & Flowers, making a reference to the brand’s commitment to offering the ‘freshest cosmetics on the market’. Read more (Nov 13, 2019) Expansion/ Diversification


 

Section B – Global Retailing Other News: By Region, Country and Company Name
Americas
DIA Argentina , Argentina (Company Site)
Argentina: Supermarkets DIA concludes Expert Tour Read more (Nov 13, 2019)
Canada Goose Holdings Inc. , Canada (Company Site)
Canada Goose Reports Results for Second Quarter Fiscal 2020 Read more (Nov 13, 2019)
Canada Goose Holdings Inc. , Canada (Company Site)
Canada Goose earnings beat on strong jacket sales Read more (Nov 13, 2019)
Freshii Inc. , Canada (Company Site)
Freshii Inc :. Announces Third Quarter 2019 Results; Renewal of Normal Course Issuer Bid Read more (Nov 13, 2019)
Haven Mattress Company , Canada (Company Site)
HeyBryan Forges a Preferred Partnership Agreement with Haven Mattress Read more (Nov 13, 2019)
Leon’s Furniture Ltd , Canada (Company Site)
Leon Furniture : LFL Releases Financial Results for the Third Quarter Ended September 30, 2019 Read more (Nov 13, 2019)
Loblaw Companies Limited , Canada (Company Site)
UPDATE 1-Retailer Loblaw beats quarterly profit estimates Read more (Nov 13, 2019)
Loblaw Cos Ltd , Canada (Company Site)
Retailer Loblaw beats quarterly profit estimates Read more(Nov 13, 2019)
Mimi’s Rock Corp , Canada (Company Site)
Mimi’s Rock Corp. Announces Launch of Canadian Sales of Dr. Tobias Products Read more (Nov 13, 2019)
SmartCentres Real Estate Investment Trust , Canada (Company Site)
SmartCentres Real Estate Investment Trust Releases Third Quarter Results For 2019 Read more (Nov 13, 2019)
Sundial Growers Inc , Canada (Company Site)
Sundial Delivers Quarterly Net Revenue of $33.5 Million Representing 74% Sequential Growth Read more (Nov 13, 2019)
Falabella , Chile (Company Site)
Falabella’s traded online volume rose 41% and Linio grew more than 100% in Chile, Colombia and Peru Read more (Nov 13, 2019)
Lentesplus.com , Colombia (Company Site)
Argentina: Canal mobile continues to grow in online shopping Read more (Nov 13, 2019)
Smart Fit Colombia , Colombia (Company Site)
Smart Fit announces opening of its new headquarters in Yopal Read more (Nov 13, 2019)
Chedraui , Mexico (Company Site)
Chedraui: competitive on a global scale with a family management Read more (Nov 13, 2019)
Walmart of Mexico and Central America , Mexico (Company Site)
Transforming the retail giant Read more (Nov 13, 2019)
& Other Stories , United States (Company Site)
& Other Stories turns data points into a wearable collectionRead more (Nov 13, 2019)
7-Eleven Inc. , United States (Company Site)
7-Eleven® Introduces First Direct-Sourced Coffee, Now Brews More than Half its Coffee Using Rainforest Alliance Certified™ Beans Read more (Nov 13, 2019)
AeroGrow International, Inc. , United States (Company Site)
AeroGrow Reports Second Quarter Results Read more (Nov 13, 2019)
Amazon.com Inc , United States (Company Site)
Amazon Delivers Home Price Surge Near Virginia Headquarters Site Read more (Nov 13, 2019)
Ascena Retail Group, Inc. , United States (Company Site)
Ascena Retail Group Announces Leadership Appointments Read more(Nov 13, 2019)
Bebe Stores, Inc. , United States (Company Site)
bebe stores, inc. Announces Quarterly Cash Dividend Read more (Nov 13, 2019)
Big Lots!, Inc , United States (Company Site)
Big Lots’ Looks to Transform Shopper Loyalty With New Tech Read more (Nov 13, 2019)
Buc-ee’s , United States (Company Site)
Buc-ee’s to break ground on Georgia travel center Read more (Nov 13, 2019)
Designer Brands Inc , United States (Company Site)
DSW to pop up in NYC with merchandise-free shop Read more (Nov 13, 2019)
Dillard’s, Inc , United States (Company Site)
Dillard’s, Inc. to Report Third Quarter Results Read more(Nov 13, 2019)
Dippin’ Dots, Inc. , United States (Company Site)
Recipe for Success: Dippin’ Dots & Doc Popcorn Co-Branded Franchise Unveils 30th National Opening Read more (Nov 13, 2019)
eBay Inc. , United States (Company Site)
eBay Releases Its “Most Wanted” Holiday Guide Revealing the Trending Gifts Topping Shoppers’ Wish Lists This Season Read more (Nov 13, 2019)
Faire , United States (Company Site)
Faire Marketplace Offers Retailers a Digital Trade ShowRead more (Nov 13, 2019)
Griffon Corporation , United States (Company Site)
Griffon Corporation : Announces Development of AMES’ Strategic Initiative to Enhance U.S. Growth, Efficiency and Competitiveness Read more (Nov 13, 2019)
Griffon Corporation , United States (Company Site)
Griffon Corporation : Declares Quarterly Dividend Read more (Nov 13, 2019)
GrowLife, Inc , United States (Company Site)
GrowLife Continues to Increase Revenue By 141% Year-Over-Year Quarterly Growth Read more (Nov 13, 2019)
H&R Block, Inc. , United States (Company Site)
H&R Block to Release Fiscal Second Quarter Results December 4, 2019Read more (Nov 13, 2019)
Jewett-Cameron Trading Company Ltd. , United States (Company Site)
Jewett-Cameron Announces Fiscal 2019 Financial Results Read more (Nov 13, 2019)
Kimco Realty Corporation , United States (Company Site)
Kimco Realty Recognized as Nareit’s 2019 Leader in Sustainability for Retail Real Estate Read more (Nov 13, 2019)
Kohl’s , United States (Company Site)
Kohl’s Launches Augmented Reality Shopping Experience Read more (Nov 13, 2019)
Lancaster Colony Corporation , United States (Company Site)
Lancaster Colony Increases Regular Cash Dividend; Reelects Three Incumbent Directors And Elects One New Director Read more (Nov 13, 2019)
Nike, Inc. , United States (Company Site)
Nike brings personalization service to Australia Read more(Nov 14, 2019)
Nike, Inc. , United States (Company Site)
Nike Deals Amazon A Prominent Blow, But Not Even That Can Knock Out The E-Commerce Giant Read more (Nov 13, 2019)
Nordstrom Inc , United States (Company Site)
Retail Spotlight: A Look Into Nordstrom’s Newly Opened NYC Flagship Read more (Nov 13, 2019)
Oatey Company , United States
Oatey Co. Opens Las Vegas Distribution Center Read more(Nov 13, 2019)
PetSmart Inc. , United States (Company Site)
PetSmart Expands ShotVet Program Read more (Nov 13, 2019)
PopSugar Inc. , United States (Company Site)
PopSugar to launch experiential pop-up shop in NYC for the holidays Read more (Nov 13, 2019)
Rave Restaurant Group, Inc. , United States (Company Site)
RAVE Restaurant Group, Inc. Reports First Quarter 2020 Financial Results Read more (Nov 13, 2019)
Shoptalk Ltd. , United States (Company Site)
Shoptalk Breaks New Ground With An All-Women Speaker Lineup For 2020 Event Read more (Nov 13, 2019)
Southeastern Grocers , United States (Company Site)
Southeastern Grocers and Kruger Products “Soft Tissue for a Big Issue” Campaign Gets to the Bottom of Community Need Read more (Nov 13, 2019)
Southern Glazer’s Wine and Spirits, Inc. , United States(Company Site)
Southern Glazer’s Wine & Spirits Announces Key Commercial Promotions Read more (Nov 13, 2019)
SPAR Group, Inc , United States (Company Site)
SPAR Group Announces Financial Results for the Third Quarter and Nine Months Ended September 30, 2019 Read more (Nov 13, 2019)
The Pep Boys: Manny, Moe & Jack , United States (Company Site)
Pep Boys Opens Relocated Service and Tire Center in Lodi, N.J. Read more(Nov 13, 2019)
Timberland LLC , United States (Company Site)
Timberland opens new concept space on Carnaby Street, London Read more (Nov 13, 2019)
Vineyard Vines , United States (Company Site)
vineyard vines Announced As The Official Style Of A Beautiful Day In The Neighborhood Read more (Nov 13, 2019)
VSBLTY Groupe Technologies Corp , United States (Company Site)
VSBLTY, Energetika Begin Deployment of $10 Million USD Contract for Smart City Security Technology to Make Mexico City Communities Safer Read more(Nov 13, 2019)
Walmart Inc. , United States (Company Site)
Walmart To Open Q3 Books And Offer A Look-See On Key Holiday Shopping Season Read more (Nov 13, 2019)
Wayfair Inc , United States (Company Site)
Wayfair Unveils New Mobile App Features, Makes Shopping for Home from Anywhere Easier Than Ever Before Read more (Nov 13, 2019)
XCel Brands Inc , United States (Company Site)
Xcel Brands, Inc. Announces Third Quarter and First Nine Months of 2019 Results Read more (Nov 13, 2019)
Arcos Dorados Holdings Inc , Uruguay (Company Site)
Arcos Dorados Reports Third Quarter 2019 Financial Results Read more (Nov 13, 2019)
H&M Nuevocentro Shopping , Uruguay (Company Site)
Uruguay: Before the inauguration, get to know the new H&M Nuevocentro store Read more (Nov 13, 2019)
Asia
Coles Group Limited , Australia (Company Site)
Coles launches grocery subscription service Read more (Nov 14, 2019)
Coles Supermarkets Australia Pty Ltd , Australia(Company Site)
Major supply chain issues dominate Coles AGM Read more(Nov 14, 2019)
Pitt Street Mall , Australia (Company Site)
Pitt Street rent growth outpaces global rivals Read more (Nov 14, 2019)
Wesfarmers Limited , Australia (Company Site)
Wesfarmers flags retail sales growth Read more (Nov 14, 2019)
Alibaba Group Holding Limited , China (Company Site)
Alibaba’s Singles Day next week will be ‘grander than ever’ predicts analyst Read more (Nov 14, 2019)
Alibaba Group Holding Limited , China (Company Site)
Alibaba poised to launch record-breaking $13.4 billion Hong Kong share sale: sources Read more (Nov 13, 2019)
Alipay , China (Company Site)
Alipay now available for tourists in China Read more (Nov 14, 2019)
BEST Inc , China (Company Site)
BEST Inc. Announces Appointment of Chief Financial Officer Read more (Nov 13, 2019)
Ever-Glory International Group, Inc , China (Company Site)
Ever-Glory Reports Third Quarter 2019 Financial Results Read more (Nov 13, 2019)
Suning.com Co., Ltd , China (Company Site)
Suning Sets New Singles’ Day Record with Omni-Channel Orders Increasing by 76% Read more (Nov 13, 2019)
Vipshop Holdings Limited , China (Company Site)
Vipshop Reports Unaudited Third Quarter 2019 Financial Results Read more (Nov 13, 2019)
Esprit Holdings Limited , Hong Kong (Company Site)
Esprit results signal looks promising Read more (Nov 14, 2019)
Link REIT , Hong Kong (Company Site)
Link Reit confident of weathering protest storm Read more (Nov 14, 2019)
Bata India , India (Company Site)
Bata India opens its largest outlet store in India Read more(Nov 14, 2019)
Coffee Day Enterprises Limited , India (Company Site)
KKR India CEO Sanjay Nayar quits Coffee Day board Read more (Nov 14, 2019)
Doorstep Retail Solutions Pvt Ltd , India (Company Site)
Milk delivery startups limit products to conserve cash, make supply chain efficient Read more (Nov 13, 2019)
Mandhana Retail Ventures Limited , India (Company Site)
Mandhana Retail Ventures reports standalone net loss of Rs 6.74 crore in the September 2019 quarter Read more(Nov 13, 2019)
Vakrangee Limited , India (Company Site)
Vakrangee Q2FY2019-20 Financial Results Read more (Nov 13, 2019)
Wipro Consumer Care & Lighting Ltd. , India (Company Site)
Santoor launches ‘Pocket Perfumes’ exclusively for West Bengal Read more(Nov 14, 2019)
McDonald’s Singapore , Singapore (Company Site)
McDonald’s Singapore launches limited-edition Hello Kitty carrier Read more (Nov 14, 2019)
Europe
Arla Foods , Denmark (Company Site)
Arla farmers will use big data to accelerate journey towards carbon net zeroRead more (Nov 13, 2019)
ECCO Shoes , Denmark (Company Site)
Ecco India opens its first store Read more (Nov 14, 2019)
Aldi , Germany (Company Site)
ALDI Launches Alcohol Delivery Read more (Nov 13, 2019)
Salvatore Ferragamo S.p.A , Italy (Company Site)
Ferragamo Says Hong Kong Protests Slashed Local Retail Sales Read more(Nov 13, 2019)
L’Occitane en Provence , Luxembourg (Company Site)
L’Occitane ensures national positioning Read more (Nov 13, 2019)
VION Food Group , Netherlands (Company Site)
Philippe Thomas appointed as Chief Operating Officer Business Unit Retail Read more (Nov 13, 2019)
Sonae , Portugal (Company Site)
Portugal’s Sonae profit falls 16% after one-off gain last year Read more (Nov 13, 2019)
IKEA , Sweden (Company Site)
Al Futtaim picks Turner & Townsend for mega IKEA projectRead more (Nov 13, 2019)
De Beers Group , United Kingdom (Company Site)
De Beers Diamond Buyers Return as Prices Cut Most in Years Read more(Nov 13, 2019)
J D Wetherspoon plc , United Kingdom (Company Site)
Wetherspoons boss Tim Martin hits out at corporate governance rules Read more (Nov 13, 2019)
Mulberry Group PLC , United Kingdom (Company Site)
Mulberry’s losses widen as UK market deteriorates Read more (Nov 13, 2019)
Superdry PLC , United Kingdom (Company Site)
Superdry Launches A Dedicated Website For Indian Consumers Read more (Nov 13, 2019)

David Zweifler

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

David Zweifler

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