Daily Retail News Monitor – November 20, 2019

Section A – Global Retailing Key News: By Region, Country and Company Name
Alimentation Couche-Tard Inc. , Canada (Company Site) (Ticker – ATD.B) , Convenience/ Forecourt Store , LargeCap
Alimentation Couche-Tard announces the monetization of its interest in CrossAmerica Partners LP and an additional exchange of assets Alimentation Couche-Tard Inc and CrossAmerica Partners LP announced that Couche-Tard has sold all of its ownership interest in CrossAmerica to investment, for an undisclosed amount. The CrossAmerica interests sold consist of 100% of the general partner interest, 100% of the incentive distribution rights and approximately 7.5 million CrossAmerica limited partner units. Concurrent with the sale announcement, Couche-Tard and CrossAmerica also announced today the signing of an additional asset exchange transaction agreement that will close in the coming months. Read more (Nov 19, 2019) Sale/ Purchase of Company Stakes

Moose Knuckles Canada , Canada (Company Site) , Apparel/ Footwear/ Personal Goods Specialty
Edgy Outerwear Brand ‘Moose Knuckles’ Opens Manhattan Flagship Amid Multi-Store Expansion Luxury outerwear brand Moose Knuckles, based in Montreal, has opened its first U.S. store in the heart of Soho in New York City as the retailer continues to experience tremendous growth in its brand internationally. The store is located at 57 Greene Street. Read more (Nov 20, 2019) Expansion/ Diversification

Colony Display , United States (Company Site) , Home Furnishing Retail
Kinzie Capital Partners Acquires Colony Display Kinzie Capital Partners LLC, a Chicago based private equity firm, announced that through an affiliated entity it has acquired Colony Display LLC, headquartered in Elgin, IL. The transaction was completed in partnership with the Company’s founders and management. Read more (Nov 19, 2019) Mergers and Acquisitions

Community Coffee , United States (Company Site) , Food and Drug Stores
Community Coffee Company Launches in Walmart Supercenters Nationwide Community® Coffee, the number one family-owned retail coffee brand in America, is pleased to announce its expansion with Walmart nationwide.For the first time ever, Community Coffee’s American Classic™ blend will be available in a 37 oz. canister option on Walmart.com beginning in August and will launch nationwide in 3,100 Walmart Supercenter stores this September. This marks yet another significant milestone for the number one family-owned retail coffee brand in America. Read more (Nov 19, 2019) Expansion/ Diversification

Coty Inc. , United States (Company Site) (Ticker – COTY) , Apparel/ Footwear/ Personal Goods Specialty , MidCap
Coty purchases Kylie Jenner’s beauty business Fragrance and cosmetic company Coty Inc. announced that it will purchase a 51% stake in Kylie Jenner’s beauty business—which includes Kylie Cosmetics and Kylie Skin for $600 million. The deal values the business at nearly $1.2 billion and it confirms Kylie Jenner as a billionaire. Read more (Nov 20, 2019) Sale/ Purchase of Company Stakes

Focal Systems, Inc , United States (Company Site) , Technology
AI Startup, Focal Systems, Receives Strategic Investment from Zebra Ventures to Scale Globally Focal Systems, Inc., the industry leader in retail automation solutions, announced that it has received a strategic investment from Zebra Ventures, the investment arm of Zebra Technologies, to scale the business of AI-powered retail technology products. Read more (Nov 19, 2019) Investments

Kenneth Cole Productions, Inc. , United States (Company Site) , Apparel/ Footwear/ Personal Goods Specialty
Kenneth Cole India opens first flagship store Kenneth Cole India has opened its first flagship store. The American fashion house’s 1200sqft store, located at Infiniti Mall in Malad, Mumbai, carries the brand’s men’s and women’s clothing, footwear and accessories. Read more (Nov 20, 2019) Expansion/ Diversification

Studs , United States (Company Site) , Apparel/ Footwear/ Personal Goods Specialty
Studs Launches New Ear Piercing and Jewelry Retail Experience, Offering a Modern Solution to a Fragmented Industry Studs, a new ear piercing experience that enables consumers to express themselves through earscaping, launches nationwide online and in its first brick and mortar location in New York City’s Nolita neighborhood. The company plans to expand its physical retail presence to additional locations in 2020. Read more (Nov 19, 2019) Expansion/ Diversification

The Kroger Co , United States (Company Site) (Ticker – KR) , Wholesaler/ Retailers , LargeCap
Kroger launches farms to grow its own produce on site Kroger Co. is getting into the farming business. Downtown Cincinnati-based Kroger, the nation’s largest operator of traditional supermarkets, has partnered with German company Infarm to create modular living produce farms at some of its stores. Read more (Nov 19, 2019) New Business/ Service

Yesway , United States (Company Site) , Convenience/ Forecourt Store
Yesway Completes Acquisition of Allsup’s Convenience Stores Yesway, one of the fastest growing convenience store retailers in the United States, announced that it has completed its acquisition of Allsup’s Convenience Stores, a 304-store regional chain based in Clovis, New Mexico, that has been serving as a cornerstone in each of its local communities for over 60 years. Read more (Nov 19, 2019) Mergers and Acquisitions

Alibaba Group Holding Limited , China (Company Site) (Ticker – BABA ) , E-Commerce , LargeCap
Alibaba increased stakes in Cainiao Smart Logistics Network Alibaba has invested an additional RMB23.3 billion (US$3.3 billion) to increase its equity stake in Cainiao Smart Logistics Network from approximately 51 percent to about 63 percent.The investment was made by subscribing for newly issued Cainiao ordinary shares in its latest financing round and purchasing some equity interest from an existing Cainiao shareholder. Other existing shareholders also participated in the fundraising. Read more (Nov 19, 2019) Sale/ Purchase of Company Stakes

Alibaba Group Holding Limited , China (Company Site) (Ticker – BABA ) , E-Commerce , LargeCap
Alibaba eyes $12.9 billion Hong Kong IPO after setting price Chinese online retail titan Alibaba could raise almost $13 billion in Hong Kong’s biggest IPO for nearly a decade after pricing its shares for the mega sale. Even at the low end, the listing would still be Hong Kong’s largest initial public offering since insurance giant AIA raised $20.5 billion in 2010. Read more (Nov 20, 2019) Capital Issues

Sneakersnstuff , Sweden (Company Site) , Apparel/ Footwear/ Personal Goods Specialty
Swedish retailer Sneakersnstuff to make Asian debut in Tokyo Stockholm-based retailer Sneakersnstuff is about to open a flagship store in Tokyo, its first Asia location. Designed by Stockholm-based design studio Bofink, the store will combine the best of both Scandinavian and Japanese design. And more than just a retail space, it will be a multifunctional lifestyle store with an inclusion of a cafe. Read more (Nov 20, 2019)Expansion/ Diversification


Section B – Global Retailing Other News: By Region, Country and Company Name
Africa/Middle East
Azrieli Group Ltd. , Israel (Company Site)
Azrieli Group Releases the Results of Q3/2019 Read more (Nov 20, 2019)
Triboo ILG , United Arab Emirates (Company Site)
EZDubai welcomes Triboo ILG’s pioneering efforts to serve growing demand for e-commerce services Read more (Nov 19, 2019)
Wethaq , United Arab Emirates (Company Site)
Wethaq launches first fintech Sukuk on its market infrastructure using SWIFT gpi Link Read more (Nov 19, 2019)
BottleHub , Argentina (Company Site)
The Argentine platform that seeks to reinvent the wine business was launched Read more (Nov 19, 2019)
Buenos Aires Design , Argentina
Gastronomic Terrace of Buenos Aires Desing closes at the end of the month Read more (Nov 19, 2019)
DIA Argentina , Argentina (Company Site)
DIA appoints new Commercial Director in the country Read more (Nov 19, 2019)
Disco , Argentina (Company Site)
Disco finishes third edition Women Transformers Read more (Nov 19, 2019)
George Weston Limited , Canada (Company Site)
George Weston third-quarter results ‘a full baguette higher than forecast’ Read more (Nov 20, 2019)
NexTech AR Solutions , Canada (Company Site)
NexTechAR Teams with LivePerson to Personalize Augmented Reality Through Conversational Commerce Read more (Nov 19, 2019)
Red Phoenix International Trading Ltd , Canada (Company Site)
AgraFlora Organics Enters Into Preferred Supply Agreement with Distributor to Loblaws and Metro Supermarkets Read more (Nov 20, 2019)
12 ReTech Corporation , United States (Company Site)
12 ReTech Corporation Releases its 3rd Quarter FY2019 Financial Results and Discusses the Significance of its Recent Bluwire Acquisition Read more (Nov 19, 2019)
7-Eleven Inc. , United States (Company Site)
7-Eleven Expands in Pittsburgh Area Read more (Nov 19, 2019)
Albertsons Companies, Inc , United States (Company Site)
Albertsons appoints new chief customer & digital officer Read more (Nov 19, 2019)
Amazon.com Inc , United States (Company Site)
Amazon uses aggregated seller data to help business, it tells lawmakers Read more (Nov 20, 2019)
Avnet, Inc. , United States (Company Site)
Carlo Bozotti and Adalio T. Sanchez Elected to Avnet’s Board of Directors Read more (Nov 19, 2019)
BigCommerce , United States (Company Site)
BigCommerce Launches GraphQL-Powered Storefront API, Bolstering Capabilities for Creating Differentiated Shopping Experiences Read more (Nov 19, 2019)
BJ’s Wholesale Club Holdings, Inc. , United States (Company Site)
BJ’s Wholesale Club Holds Grand Opening Celebrations at its Two Michigan Clubs Read more (Nov 19, 2019)
Casey’s General Stores, Inc , United States (Company Site)
Casey’s General Stores Announces Retail Industry Leader Chad Frazell to Join Company as Chief Human Resources Officer Read more (Nov 19, 2019)
CVS Health Corporation , United States (Company Site)
MinuteClinic Launches Video Visit Offering in Colorado Read more (Nov 19, 2019)
Denny’s Corporation , United States (Company Site)
Denny’s Selects Presto As Its Exclusive Pay-At-Table Technology Partner Read more (Nov 19, 2019)
Designer Brands Inc , United States (Company Site)
Designer Brands Inc. Announces Third Quarter 2019 Earnings Release Date Read more (Nov 19, 2019)
Dollar Tree Stores, Inc. , United States (Company Site)
Dollar Tree Director Conrad M. Hall to Retire at 2020 Annual Meeting Read more (Nov 19, 2019)
Floor & Decor Holdings, Inc , United States (Company Site)
Floor & Decor Holdings, Inc. Announces Participation in the Morgan Stanley Global Consumer & Retail Conference Read more(Nov 19, 2019)
Foot Locker Retail, Inc , United States (Company Site)
Foot Locker, Inc. Declares Quarterly Dividend Of $0.38 Per ShareRead more (Nov 19, 2019)
Greenlane Holdings, Inc. , United States (Company Site)
Greenlane Announces Launch of the K.Haring Collection Featuring Keith Haring’s Work Read more (Nov 19, 2019)
GSRX Industries Inc , United States (Company Site)
GSRX Industries : Management’S Discussion And Analysis Of Financial Condition And Results Of Operation (Form 10-Q) Read more (Nov 19, 2019)
Hausera , United States (Company Site)
Hausera Unveils Results of First Annual “The Truth about Kitchen and Bathroom Renovations” Survey Read more (Nov 19, 2019)
Iconic Brands Inc. , United States (Company Site)
ICONIC BRANDS : Management’s Discussion and Analysis of Financial Condition and Results of Operations (form 10-Q) Read more (Nov 19, 2019)
Kaya Holdings Inc , United States (Company Site)
KAYA : Management’s Discussion and Analysis of Financial Condition and Results of Operations (form 10-Q) Read more (Nov 19, 2019)
Kohl’s , United States (Company Site)
Kohl’s, Home Depot forecasts quell pre-holiday cheer Read more (Nov 19, 2019)
Kohl’s , United States (Company Site)
Kohl’s Corporation Reports Financial Results Read more (Nov 19, 2019)
Lands’ End , United States (Company Site)
Lands’ End Announces Third Quarter Fiscal 2019 Earnings Conference Call Read more (Nov 19, 2019)
Lowe’s Companies, Inc , United States (Company Site)
Lowe’s workers say that the home-improvement giant’s new scheduling policies are leaving some employees feeling like they’re ‘walking on eggshells’ Read more (Nov 20, 2019)
Mariano’s , United States (Company Site)
Mariano’s partner Pork & Mindy’s files for bankruptcy Read more (Nov 19, 2019)
Modell’s Sporting Goods , United States (Company Site)
Modell’s Sporting Goods Selects TierPoint for Critical IT Infrastructure Services Read more (Nov 19, 2019)
Popeyes , United States (Company Site)
Popeyes’ chicken sandwich capitalized on a clear opportunity to overtake rival Chick-fil-A Read more (Nov 20, 2019)
Popeyes , United States (Company Site)
Popeyes signs first lease for China market as it seeks to take on KFC Read more (Nov 19, 2019)
PowerReviews , United States (Company Site)
The PowerReviews Open Network Expands to Accept Reviews From Yotpo Clients Read more (Nov 19, 2019)
PreciseTarget , United States (Company Site)
PreciseTarget Expands Executive Team With Key Hires Read more(Nov 19, 2019)
QVC, Inc , United States (Company Site)
QVC, Inc. Prices $435 Million of New Senior Secured Notes Read more (Nov 19, 2019)
Retail Properties of America, Inc. , United States (Company Site)
RPAI Announces Shake Shack As First Signed Lease At Circle East Redevelopment Project Read more (Nov 19, 2019)
Southeastern Grocers , United States (Company Site)
CORRECTING and REPLACING Southeastern Grocers Offers CBD Products in More Than 150 Stores in Florida and South Carolina Read more (Nov 19, 2019)
Starbucks Corporation , United States (Company Site)
Starbucks to Participate at the Morgan Stanley Global Consumer & Retail Conference Read more (Nov 19, 2019)
Steven Madden, Ltd , United States (Company Site)
Steve Madden returns to London with geiger-operated Westfield Store Read more (Nov 19, 2019)
Sundance Holdings Group, LLC , United States (Company Site)
Robert Redford’s Sundance Opens New Retail Store in Seattle, Washington Read more (Nov 19, 2019)
Sysco Corporation , United States (Company Site)
Sysco to Webcast Presentation From the Eat, Sleep, Play – It’s Not All Discretionary Barclays 2019 Gaming, Lodging, Leisure, Restaurant and Food Retail Conference Read more (Nov 20, 2019)
The Estée Lauder Companies Inc. , United States (Company Site)
The Estée Lauder Companies to Issue $1.8 Billion of Senior Notes Read more (Nov 19, 2019)
The Home Depot, Inc. , United States (Company Site)
The Home Depot Announces Third Quarter Results; Updates Fiscal Year 2019 Guidance Read more (Nov 19, 2019)
The TJX Companies, Inc. , United States (Company Site)
The TJX Companies, Inc. Reports Q3 FY20 Results Well Above Guidance With Comp Sales Growth of 4% and EPS of $.68; Raises Full-Year EPS Guidance Read more (Nov 19, 2019)
Tupperware Brands Corporation , United States (Company Site)
Tupperware opens holiday pop-up shop in SoHo Read more (Nov 19, 2019)
Urban Outfitters, Inc. , United States (Company Site)
Urban Outfitters (URBN) Misses Q3 EPS by 1c Read more (Nov 19, 2019)
Walgreen Company , United States (Company Site)
Walgreens Helps Provide 50 Million Lifesaving Vaccines in Collaboration with the United Nations Foundation Read more (Nov 19, 2019)
Walmart Inc. , United States (Company Site)
Walmart affirms that public order is not guaranteed in the countryRead more (Nov 19, 2019)
Warby Parker , United States (Company Site)
Warby Parker Makes Move Into Contacts With The Launch of ScoutRead more (Nov 19, 2019)
Washington Prime Group Inc. , United States (Company Site)
Southern Park Mall Elevates Guest Experience with In-Demand Entertainment, Food and Beverage Offerings Read more (Nov 19, 2019)
Wayfair Inc , United States (Company Site)
Wayfair’s best Cyber Monday deals include discounts up to 80% across the entire site Read more (Nov 20, 2019)
Zaxby’s , United States (Company Site)
Zaxby’s teams up with Sony Pictures for ‘Jumanji: The Next Level’Read more (Nov 19, 2019)
Alibaba Group Holding Limited , China (Company Site)
ADB Asian Development Bank : , Alibaba Establish Strategic Partnership for Rural Vitalization in PRC Read more (Nov 20, 2019)
AliExpress , China (Company Site)
AliExpress Empowers Global Sellers Through Digital Innovation, Providing New Opportunities to Tap into Global Business Read more (Nov 20, 2019)
WeChat Pay , China (Company Site)
The English Court launches WeChat Pay, new payment method in its centers Read more (Nov 19, 2019)
Tse Sui Luen Jewel , Hong Kong (Company Site)
Tse Sui Luen profits plummet as Hong Kong protests impact sales Read more(Nov 20, 2019)
Bata India Ltd. , India (Company Site)
Growth in premium footwear segment underlines Bata’s earnings outlook Read more (Nov 19, 2019)
Paytm , India (Company Site)
Twitter boards Paytm’s app Read more (Nov 19, 2019)
Snapdeal , India (Company Site)
Snapdeal joins International Trademark Association Read more (Nov 20, 2019)
KFC Malaysia , Malaysia (Company Site)
Malaysian KFC, Pizza Hut operator QSR Brands revives IPO planRead more (Nov 20, 2019)
Duty Free Philippines Corporation , Philippines (Company Site)
Duty Free Philippines opens high-end downtown duty-free store Read more (Nov 19, 2019)
VivoCity , Singapore (Company Site)
VivoCity launches Asia’s first instant parking-rewards programme Read more(Nov 20, 2019)
Sen Do Technology Joint Stock Company , Vietnam (Company Site)
Sendo wins funding, overtakes Tiki in Vietnam Read more (Nov 20, 2019)
Cartier , France (Company Site)
Cartier reopens refurbished Chicago Boutique Read more (Nov 19, 2019)
LVMH Moët Hennessy – Louis Vuitton SE , France (Company Site)
LVMH targets tourist shoppers with revamp of historic Paris storeRead more (Nov 19, 2019)
Ulla Popken , Germany (Company Site)
Clothing Retailer Popken Fashion Group Selects Talend and QuinScape to Support Omni-channel Distribution Strategy Read more(Nov 19, 2019)
Primark , Ireland (Company Site)
Primark Partnership With Boston Ballet’s The Nutcracker Will “Share the Joy” With All Read more (Nov 19, 2019)
Alliance Healthcare B.V. , Netherlands (Company Site)
OneOme And Walgreens Boots Alliance Subsidiary Alliance Healthcare Partner To Bring Personalized Prescriptions To The Netherlands Read more (Nov 19, 2019)
Nexmosphere , Netherlands (Company Site)
Intuiface and Nexmosphere Announce Partnership Read more (Nov 19, 2019)
Mercadona , Spain (Company Site)
Mercadona opens a new efficient supermarket in Tenerife Read more (Nov 19, 2019)
Pull&Bear , Spain (Company Site)
Pull & Bear opens a ‘pop up’ store on the UCLA campus Read more (Nov 19, 2019)
Axfood AB , Sweden (Company Site)
Axfood publ : Magnus Törnblom new Director of Press Relations at Axfood Read more (Nov 20, 2019)
Rusta , Sweden (Company Site)
WESTPAY: Rusta chooses Westpay for hardware upgrade Read more (Nov 19, 2019)
AO World PLC , United Kingdom (Company Site)
FactGem Announces Partnership With Online Retailer, AO.comRead more (Nov 19, 2019)
Betfred , United Kingdom (Company Site)
Bryan Bennett Named COO for Betfred USA Sports Read more (Nov 19, 2019)
Clipper Logistics plc , United Kingdom (Company Site)
Clipper Logistics : London-listed Asos delivery firm in talks for £300m go-private bid Read more (Nov 20, 2019)
Itsu , United Kingdom (Company Site)
ITSU & Heavenly Desserts add national flavour to the mix at IQLRead more (Nov 19, 2019)
John Lewis & Partners , United Kingdom (Company Site)
John Lewis Partnership Turns to Google Cloud to Meet Growing Demand and Maintain World-Famous Customer Service Read more(Nov 20, 2019)
Made.com , United Kingdom (Company Site)
Made.com opens newly designed ‘instapartment’ in Amsterdam Read more(Nov 19, 2019)
St.Oswalds Retail Park , United Kingdom (Company Site)
Hammerson has successfully disposed of St Oswald’s Retail Park, Gloucester Read more (Nov 19, 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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