Daily Retail News Monitor – November 26, 2019

Section A – Global Retailing Key News: By Region, Country and Company Name
Americas
Abercrombie & Fitch Co. United States (Company Site) (Ticker – ANF) , Apparel/ Footwear/ Personal Goods Specialty , LargeCap
Abercrombie & Fitch have opened a new store in Westfield London – The company announced that both the main A&F and the kids brands feature its updated prototype format and the debut means that all of A&F Co’s brands are now represented at Westfield London, the only single space in London that can claim that. The company also said that as it continues to grow globally and invest in its people and real estate in London, its Savile Row property, currently occupied by abercrombie kids, will be enhanced and repurposed as the global company’s EMEA Home Office, allowing more room for its expanded team in the region. Read more (Nov 25, 2019) Expansion/ Diversification

EBay Inc United States (Company Site) (Ticker – EBAY) , E-Commerce , LargeCap
EBay to sell ticketing unit StubHub for $4.05 billion – EBay Inc will sell ticketing unit StubHub to ticket reseller Viagogo Ltd for $4.05 billion in cash, nearly a year after the ecommerce major came under pressure from activist investors to hive off some of its businesses. Read more (Nov 25, 2019) Divestments


OrnamentShop.com United States (Company Site) , E-Commerce
OrnamentShop.com Announces New Ownership Under Trinket, LLC – OrnamentShop.com is excited to announce new ownership under Trinket Shop, LLC this 2019 holiday season. Trinket Shop, LLC, a company focused on personalized holiday gifts and home décor, celebrates its purchase of OrnamentShop.com, the internet’s leading retailer of hand-personalized Christmas ornaments. Read more (Nov 25, 2019) Mergers and Acquisitions


R&R Provision Co. United States (Company Site) , Wholesaler/ Retailers
R&R Provision Co. Adds Online Retail Brand to 85-Year-Old Wholesale Food Business – R&R Provision Co., a leading wholesale food manufacturer and distributor specializing in hand-cut steaks and meats, announced it has launched an online retail brand, ButcherHouse Cuts. ButcherHouse Cuts offers R&R’s same fresh, hand-cut steaks, chops, lamb and veal and ships them directly to customers anywhere in the United States. After 85 years in business, R&R is proud to launch ButcherHouse Cuts so home chefs can enjoy its superior-quality steaks, chops and specialties. Read more (Nov 25, 2019) New Business/ Service


The Michaels Companies, Inc. United States (Company Site) (Ticker – MIK) , Wholesaler/ Retailers , SmallCap
Michaels to acquire rights to 40 store leases, intellectual property as part of $58M deal – Two subsidiaries of the Michaels Cos. Inc. have entered into an agreement that gives the retailer the right to lease up to 40 store locations as part of a $58 million deal with A.C. Moore Inc. The up to 40 store locations are expected to be reopened under the Michaels name during fiscal year 2020. Leasing former A.C. Moore locations may result in the relocation of certain existing Michaels stores. Read more (Nov 26, 2019) Contracts/ Deals


Viola Brands United States (Company Site) , Wholesaler/ Retailers
Viola Launches First Flagship Retail Store In Detroit, Michigan – Viola, a nationwide leader in the production and sale of premium quality cannabis products founded by NBA veteran Al Harrington, announced the opening of the brand’s first flagship retail location. The Michigan store opening marks the beginning of Viola establishing a national retail footprint with two more retail locations in California set to open in the second quarter of 2020. Read more (Nov 25, 2019) Expansion/ Diversification


Europe
Clas Ohlson Sweden (Company Site) , Technology
Clas Ohlson publ : is the second store chain worldwide to host Google’s new global store concept – Google has opened a shop-in-shop in the Clas Ohlson store on Drottninggatan in Stockholm. Clas Ohlson will therefore be one of the first retail chains in the world to host Google’s new shop-in-shop concept. Together, Clas Ohlson and Google will help the customer to simplify their everyday lives by making the smart home more understandable and accessible. In Clas Ohlson’s store on Drottninggatan in Stockholm, Google is now opening its new store concept, which will be the second of its kind in the world. Read more (Nov 25, 2019) Contracts/ Deals


 

Section B – Global Retailing Other News: By Region, Country and Company Name
Americas
Electrodomésticos Liliana , Argentina (Company Site)
Liliana launches new fan line Read more (Nov 25, 2019)
Colabor Group Inc , Canada (Company Site)
Colabor Announces a Change to its Board of Directors Read more (Nov 25, 2019)
Green Growth Brands Inc. , Canada (Company Site)
Green Growth Brands : Significant Revenue Growth Driven by CBD Retail Expansion Read more (Nov 25, 2019)
Metro Inc. , Canada (Company Site)
Local grocery store tops in Ontario for food drive Read more (Nov 25, 2019)
Organigram Holdings Inc , Canada (Company Site)
Organigram blames $22.5M loss on Ontario, predicts ‘volatile’ sales Read more (Nov 25, 2019)
Toys ‘R’ Us Canada , Canada (Company Site)
Toys ‘R’ Us Canada Updates E-Commerce Platform Read more (Nov 25, 2019)
Vibe Bioscience Ltd , Canada (Company Site)
Vibe Bioscience Ltd. Announces Changes to Board of Directors Read more (Nov 25, 2019)
Open Plaza Kennedy , Chile (Company Site)
Kennedy Open Plaza prepares its debut before Christmas Read more (Nov 25, 2019)
Rappi , Colombia (Company Site)
Avon announces alliance with Rappi Read more (Nov 25, 2019)
7-Eleven Inc. , United States (Company Site)
CBD Product Dispensing Robots Arrive at Colorado 7-Eleven Stores Read more (Nov 25, 2019)
ACI Worldwide Inc , United States (Company Site)
ACI Worldwide Announces Integration with Salesforce Commerce Cloud Read more (Nov 25, 2019)
Avalara, Inc. , United States (Company Site)
Avalara to Present at Upcoming Investor Conferences Read more (Nov 25, 2019)
Brookshire Grocery Company , United States (Company Site)
Brookshire Grocery Co., Pizza Hut partner up on kiosks in two Tyler grocery stores Read more (Nov 25, 2019)
Burlington Stores Inc , United States (Company Site)
Burlington Stores, Inc. Reports Third Quarter 2019 Earnings Above Guidance and Increases Full Year 2019 Adjusted EPS Outlook Read more (Nov 26, 2019)
CasaOne , United States (Company Site)
CasaOne Raises $16 Million In Series B Financing Round Read more (Nov 25, 2019)
ChannelAdvisor Corporation , United States (Company Site)
ChannelAdvisor Named the #1 Channel Management Provider to the Internet Retailer Top 1000 Read more (Nov 25, 2019)
DarioHealth Corp. , United States (Company Site)
DarioHealth® Introduces “Membership-in-a-Box” to Brick and Mortar Retailers Read more (Nov 25, 2019)
Drizly , United States (Company Site)
Drizly Expands Partnership With BevMo! In Northern California, Adds 10 Stores In Time For Thanksgiving Read more (Nov 25, 2019)
FedEx Corporation , United States (Company Site)
FedEx expects to move more than 33M packages on Cyber Monday alone Read more (Nov 25, 2019)
Francesca’s Holdings Corporation , United States (Company Site)
francesca’s® Announces Reporting Date for Third Quarter Fiscal Year 2019 Financial Results Read more (Nov 26, 2019)
Franchise Group, Inc , United States (Company Site)
Franchise Group, Inc. Announces Approval of a Quarterly Dividend Read more (Nov 25, 2019)
FSAstore.com , United States (Company Site)
FSAstore.com Named To “Best Online Shops 2020” List by Newsweek, Ahead of Popular 12/31 FSA Deadline Read more (Nov 25, 2019)
GameStop Corp. , United States (Company Site)
GameStop Announces Third Quarter Fiscal 2019 Earnings Release Date Read more (Nov 25, 2019)
GD Entertainment & Technology , United States
GDET Announces The Greenery to Open Physical CBD Products Store in Eighth Largest Mall in US Read more (Nov 25, 2019)
GrowGeneration Corp , United States (Company Site)
GrowGeneration Corp. Approved to Begin Trading on Nasdaq Stock Exchange Read more (Nov 25, 2019)
Hanesbrands Inc. , United States (Company Site)
HanesBrands : Announces Process to Appoint New Chief Financial Officer Read more (Nov 25, 2019)
Lowe’s Companies, Inc , United States (Company Site)
Lowe’s: Long-Term Measures Continue To Pay Off Read more (Nov 25, 2019)
McDonald’s Corporation , United States (Company Site)
USA: McDonald’s to pay $ 26 million to settle California wage lawsuit Read more (Nov 26, 2019)
MJardin Group Inc , United States (Company Site)
MJardin Group Announces Third Quarter 2019 Financial Results Read more (Nov 25, 2019)
Nerd Street Gamers , United States (Company Site)
Nerd Street Gamers Books Retail Deal with We Are Nations Read more (Nov 25, 2019)
OrderMyGear LLC , United States (Company Site)
OrderMyGear Promotes Matt Kaplan to Senior Vice President of Revenue Read more (Nov 25, 2019)
PVH Corp , United States (Company Site)
PVH Corp. : Reports 2019 Third Quarter Results Above Guidance and Raises Full Year Outlook Read more (Nov 25, 2019)
Retail Business Services, LLC , United States (Company Site)
Retail Business Services Strengthens Product Data Capabilities Read more (Nov 25, 2019)
SPAR Group, Inc , United States (Company Site)
SPAR Group Announces Appointment of New VP of Business Development Read more (Nov 25, 2019)
Stüssy, Inc , United States (Company Site)
STUSSY opens Chapter Store in Milan Read more (Nov 25, 2019)
Surge Holdings, Inc , United States (Company Site)
SurgePhone Wireless Signs Distribution Agreement with Softel Technologies Read more (Nov 25, 2019)
The Kroger Co , United States (Company Site)
Report: Kroger expands consumer healthcare in Tennessee Read more (Nov 25, 2019)
The Vitamin Shoppe , United States (Company Site)
The Vitamin Shoppe Brings Data-Driven Product Sampling To Innovation Stores Read more (Nov 25, 2019)
Timberland LLC , United States (Company Site)
Timberland opens a new store concept in Perisur Read more (Nov 25, 2019)
United Parcel Service (UPS) , United States (Company Site)
UPS expects to expand private home drone delivery by 2021 Read more (Nov 26, 2019)
Visible Supply Chain Management, LLC , United States (Company Site)
Visible Supply Chain Management (Visible) Recognized as National Finalist in EY “Entrepreneur of the Year” Awards Read more (Nov 25, 2019)
Walgreens Boots Alliance, Inc , United States (Company Site)
USA: UnitedHealth Group To Open Medicare Centers Inside Walgreens Read more (Nov 26, 2019)
Walmart Inc. , United States (Company Site)
Walmart, Soriana and Willys, among the stores with less interest in lowering plastic Read more (Nov 25, 2019)
Asia
Marie France Van Damme , Hong Kong (Company Site)
Marie France Van Damme opens in Miami Read more (Nov 25, 2019)
Europe
Aldi , Germany (Company Site)
ALDI to Carry Repurpose Sustainable Tableware as Part of Commitment to Combat Global Plastics Crisis Read more (Nov 25, 2019)

 

List of Companies: 7-Eleven Inc.Abercrombie & Fitch Co.ACI Worldwide IncAldiAvalara, Inc.Brookshire Grocery CompanyBurlington Stores IncCasaOneChannelAdvisor CorporationClas OhlsonColabor Group IncDarioHealth Corp.DrizlyEBay IncElectrodomésticos LilianaFedEx CorporationFrancesca’s Holdings CorporationFranchise Group, IncFSAstore.comGameStop Corp.GD Entertainment & TechnologyGreen Growth Brands Inc.GrowGeneration CorpHanesbrands Inc.Lowe’s Companies, IncMarie France Van DammeMcDonald’s CorporationMetro Inc.MJardin Group IncNerd Street GamersOpen Plaza KennedyOrderMyGear LLCOrganigram Holdings IncOrnamentShop.comPVH CorpR&R Provision Co.RappiRetail Business Services, LLCSPAR Group, IncStüssy, IncSurge Holdings, IncThe Kroger CoThe Michaels Companies, Inc.The Vitamin ShoppeTimberland LLCToys ‘R’ Us CanadaUnited Parcel Service (UPS)Vibe Bioscience LtdViola BrandsVisible Supply Chain Management, LLCWalgreens Boots Alliance, IncWalmart Inc.,

List of Companies: 7-Eleven Inc., Abercrombie & Fitch Co., ACI Worldwide Inc, Aldi, Avalara, Inc., Brookshire Grocery Company, Burlington Stores Inc, CasaOne, ChannelAdvisor Corporation, Clas Ohlson, Colabor Group Inc, DarioHealth Corp., Drizly, EBay Inc, Electrodomésticos Liliana, FedEx Corporation, Francesca’s Holdings Corporation, Franchise Group, Inc, FSAstore.com, GameStop Corp., GD Entertainment & Technology, Green Growth Brands Inc., GrowGeneration Corp, Hanesbrands Inc., Lowe’s Companies, Inc, Marie France Van Damme, McDonald’s Corporation, Metro Inc., MJardin Group Inc, Nerd Street Gamers, Open Plaza Kennedy, OrderMyGear LLC, Organigram Holdings Inc, OrnamentShop.com, PVH Corp, R&R Provision Co., Rappi, Retail Business Services, LLC, SPAR Group, Inc, Stüssy, Inc, Surge Holdings, Inc, The Kroger Co, The Michaels Companies, Inc., The Vitamin Shoppe, Timberland LLC, Toys ‘R’ Us Canada, United Parcel Service (UPS), Vibe Bioscience Ltd, Viola Brands, Visible Supply Chain Management, LLC, Walgreens Boots Alliance, Inc, Walmart Inc.,

 

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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