Daily Retail News Monitor – November 27, 2019

The Gordon Daily Retail Monitor will not appear tomorrow in observance of the Thanksgiving holiday in the US.

Global Retail Top News
Americas
Parque Arauco Chile (Company Site) , Hypermarket/ Supermarket/ Superstore
Colvalor Sells a Controlling Stake In Parque Alegra to Parque Arauco – Parque Arauco closed on the acquisition of a controlling stake (52.5%) in Parque Alegra Centro Comercial, a shopping mall located in Barranquilla, Colombia from Colvalor, an investment vehicle managed by Ospinas y Cia and Grupo Pegasus. Total investment for Parque Arauco will be COP$114,600 million (USD$34 million). The remaining 47.5% of the asset may be acquired as of the start of the malls’ fifth year of operation through put and call options. Read more (Nov 26, 2019) Sale/ Purchase of Company Stakes

American Eagle Outfitters, Inc. United States (Company Site) (Ticker – AEO) , Apparel/ Footwear/ Personal Goods Specialty , LargeCap
American Eagle closing all Japanese Stores at the end of December – The trading licence agreement with American Eagle and Aerie by Aoyama will be terminated at the end of December. All of the stores will close, beginning on December 18. The e-commerce website will close at 21:00 (JST) on December 31, 2019. Read more (Nov 26, 2019) Bankruptcy/ Closure of Units/ Plants


Hakuna Supply United States (Company Site) , Food and Drug Stores
Sun Kissed Releases Supplemental Information Packet on Hakuna Acquisition Containing Fully-Executed Binding Definitive Agreement – Sun Kissed Industries Inc., an emerging player in the CBD marketplace, is pleased to provide current and prospective investors with access to the fully-executed fully-binding Definitive Agreement defining the Company’s 100% acquisition of Hakuna Supply/Products Group, Inc., a leading CBD-based products company based in California. The Company is also preparing for release an 8K Filing disclosure on the transaction. Read more (Nov 26, 2019) Mergers and Acquisitions


iMedia Brands Inc United States (Company Site) (Ticker – IMBI) , Specialty Stores , SmallCap
iMedia Brands Accelerates Growth Strategy with Two Interactive Acquisitions – iMedia Brands, Inc. announced two important accretive acquisitions, Float Left Interactive and J.W. Hulme. Both accelerate the company’s interactive media growth strategy and position it for growth in 2020. Read more (Nov 26, 2019) Mergers and Acquisitions


My Mindful Market United States (Company Site) , Food and Drug Stores
My Mindful Market Opens First Retail Location in Willoughby, Ohio – My Mindful Market, the makers of the natural, unbaked, on-the-go “My Mindful Market Bites” made with simple ingredients, announced the grand opening of their first retail location in the heart of the Downtown Willoughby District. Read more (Nov 27, 2019) Expansion/ Diversification


Quick Track Inc United States (Company Site) , Convenience/ Forecourt Store
Quick Track Acquires 7-Store Chain – East Texas Fuels Inc. has exited the convenience-store industry with its sale of seven stores to retailer Quick Track Inc., which acquired the convenience-retail assets. Read more (Nov 26, 2019) Mergers and Acquisitions


Toys“R”Us United States (Company Site) , Apparel/ Footwear/ Personal Goods Specialty
Toys R Us comeback: The new company’s first toy store opens Wednesday – Toys R Us’ comeback continues with its first new U.S. bricks-and-mortar store. A month after opening two “immersive toy wonderlands” called Toys R Us Adventure and 17 months after shuttering all stores, the iconic toy brand opens a retail store at Westfield Garden State Plaza in Paramus, New Jersey. A second location is expected to open soon in Simon Property Group’s The Galleria Mall in Houston. Read more (Nov 26, 2019) Expansion/ Diversification


Vibram Corporation USA United States (Company Site) , Apparel/ Footwear/ Personal Goods Specialty
Vibram Corporation USA Ceases Sales to Amazon USA – Vibram Corporation (USA) has decided to stop selling its Vibram FiveFingers products directly to Amazon USA, allowing the brand to fully support its retail partners. As part of Vibram’s emphasis on elevating consumer experiences together with more direct, personal relationships, it had to take a strong decision in its distribution strategy. The company will continue to invest in strong, distinctive partnerships with other retailers. Read more (Nov 26, 2019) Distribution Channels


Wilson’s Department Store United States (Company Site) , Department Stores/ Discount Department Stores
Wilson’s Department Store Closing After 137 Years – Wilson’s Department Store in downtown Greenfield will soon shut its doors. The liquidation sale begins on Black Friday, Nov. 29. Read more (Nov 26, 2019) Bankruptcy/ Closure of Units/ Plants


 

Global Retailing: Other News
Americas
Todomoda , Argentina (Company Site)
Argentina: Todomoda arrives in the city of San Pablo Read more (Nov 26, 2019)
ALDO Group , Canada (Company Site)
Colombia: Aldo expands its sales channels in the country Read more (Nov 27, 2019)
Choom Holdings Inc , Canada (Company Site)
Choom Announces Opening of Cannabis Retail Store Camrose, Alberta Read more (Nov 27, 2019)
Quandl , Canada (Company Site)
Quandl Unveils E-Commerce Intelligence Dataset Read more (Nov 26, 2019)
RTW Retailwinds Inc , Canada (Company Site)
RTW Retailwinds, Inc. : Announces Date of Conference Call and Webcast for Third Quarter Fiscal Year 2019 Results Read more (Nov 27, 2019)
Pietà , Peru (Company Site)
Peru: Pietá, the first clothing brand made in prisons Read more (Nov 26, 2019)
3×3 Insights , United States (Company Site)
3×3 Establishes “National Independents’ Day,” Announces $8 Billion of In-Store Sales Tracked Since 2018 Read more (Nov 26, 2019)
7-Eleven Inc. , United States (Company Site)
7-Eleven tweaks convenience store format for India roll-out next year Read more (Nov 27, 2019)
Abercrombie & Fitch Co. , United States (Company Site)
Abercrombie & Fitch trims forecast as Hollister, international business drag Read more (Nov 26, 2019)
AlphaGraphics  , United States (Company Site)
AlphaGraphics proves strong momentum with awarding of nine new centers through Q2, Q3 Read more (Nov 26, 2019)
Amazon.com Inc , United States (Company Site)
Amazon plans Woodside warehouse as workers protest in Staten Island Read more (Nov 26, 2019)
Aptos, Inc. , United States (Company Site)
New Aptos Survey: Shoppers Indicate Increased Importance of the Store in the Golden Quarter Read more (Nov 26, 2019)
Avenue Stores, LLC , United States (Company Site)
Avenue converts bankruptcy to Ch. 7 Read more (Nov 26, 2019)
Best Buy Co., Inc , United States (Company Site)
Best Buy signals robust holiday shopping demand with upbeat forecast Read more (Nov 26, 2019)
Boot Barn, Inc , United States (Company Site)
Boot Barn’s e-commerce warehouse in south Wichita undergoes $2-million expansion Read more (Nov 26, 2019)
Chico’s FAS Inc. , United States (Company Site)
Chico’s FAS, Inc. Reports Third Quarter Results Read more (Nov 26, 2019)
Christopher & Banks , United States (Company Site)
Christopher & Banks Corporation Announces Third Quarter 2019 Earnings Conference Call Read more (Nov 26, 2019)
Circle K , United States (Company Site)
Circle K Owner to Grow in Asia With $5.8 Billion Caltex Bid Read more (Nov 26, 2019)
CitiXsys Americas Inc. , United States (Company Site)
CitiXsys wins $60m funding led by Goldman Sachs Read more (Nov 26, 2019)
Conn’s Inc , United States (Company Site)
Conn’s HomePlus Introduces Flooring Product and Services in Houston Showrooms Read more (Nov 26, 2019)
Cracker Barrel Old Country Store, Inc. , United States (Company Site)
Cracker Barrel Reports First Quarter Fiscal 2020 Results And Declares Quarterly Dividend Read more (Nov 26, 2019)
D1 Stores , United States (Company Site)
D1 Stores will close 2019 with sales of $ 5 billion pesos according to its President Fernando González Read more (Nov 26, 2019)
Dollar Tree Stores, Inc. , United States (Company Site)
Dollar Tree Gets Squeezed by Tariffs Read more (Nov 26, 2019)
EPIC Insurance Brokers & Consultants , United States (Company Site)
EPIC’s Kelly Geary Named National Executive Risk & Cyber Practice Leader Read more (Nov 26, 2019)
FedEx Corporation , United States (Company Site)
NYC Officials Want FedEx’s Delivery Robots Off The Streets Read more (Nov 26, 2019)
Fire & Flower Holdings Corp , United States (Company Site)
Fire & Flower to Open Three Additional Cannabis Retail Locations in Edmonton, Alberta Read more (Nov 26, 2019)
Gap Inc , United States (Company Site)
Gap Inc. downgraded by S&P Read more (Nov 26, 2019)
GENIFER M , United States (Company Site)
GENIFER M Jewelry Offers a Unique Black Friday Special Read more (Nov 26, 2019)
Hard Rock Cafe International, Inc. , United States (Company Site)
Hard Rock Café relaunches the brand in Asunción Read more (Nov 26, 2019)
Hyatt Hotels Corporation , United States (Company Site)
Hyatt goes through the country as its most important bet in Latin America Read more (Nov 26, 2019)
JumpBall  , United States (Company Site)
Apparel retailer JumpBall selects NexTech’s webAR e-commerce solution Read more (Nov 27, 2019)
L.L.Bean , United States (Company Site)
L.L. Bean to open in Salem’s Tuscan Village next fall Read more (Nov 26, 2019)
Lovesac , United States (Company Site)
The Lovesac Company to Announce Third Quarter Fiscal 2020 Earnings Results Read more (Nov 26, 2019)
Lowe’s Companies, Inc , United States (Company Site)
Lowe’s to Webcast Presentation from the Morgan Stanley Global Consumer & Retail Conference Read more (Nov 26, 2019)
MedMen Enterprises Inc. , United States (Company Site)
MedMen Reports First Quarter Fiscal 2020 Financial Results – Designated News Release Read more (Nov 26, 2019)
Outletsale.com , United States (Company Site)
Online Retailer Outletsale Announces Launch of E-Commerce Site, Outletsale.com Read more (Nov 26, 2019)
Pilot Travel Centers LLC , United States (Company Site)
Pilot Flying J Announces 12-Day Social Media Giveaway Read more (Nov 26, 2019)
Publix Super Markets, Inc. , United States (Company Site)
Publix commits another $2B to fight food insecurity Read more (Nov 26, 2019)
Reputation.com , United States (Company Site)
Reputation.com Releases 2019 Retail Reputation Report Read more (Nov 26, 2019)
Riskified , United States (Company Site)
Riskified Report Unwraps New Intelligence on Holiday eCommerce Read more (Nov 26, 2019)
Sheetz, Inc , United States (Company Site)
Sheetz Offers Chance to Win Limited-Edition Bottles of Signature Sauce Read more (Nov 26, 2019)
Skechers U.S.A., Inc. , United States (Company Site)
Skechers Completes New $500 Million Senior Unsecured Credit Facility Read more (Nov 26, 2019)
SpartanNash , United States (Company Site)
SpartanNash to Present at the Barclays 2019 Eat, Sleep, Play – It’s Not All Discretionary Conference Read more (Nov 27, 2019)
Stewart’s Shops , United States (Company Site)
Stewart’s Shops Donates $50,000 to Local Community Center Read more (Nov 26, 2019)
Tandy Leather Factory, Inc , United States (Company Site)
Tandy Leather Receives Notification of Delinquency from Nasdaq Related to Delayed Filing of Quarterly Report on Form 10-Q Read more (Nov 26, 2019)
The Home Depot, Inc. , United States (Company Site)
The Home Depot to Host 2019 Investor and Analyst Conference Read more (Nov 26, 2019)
Tiendamia.com , United States (Company Site)
Argentina: Tiendamia appoints new country manager Read more (Nov 26, 2019)
Vince Holding Corp , United States (Company Site)
Vince Announces Reporting Date for Third Quarter 2019 Financial Results Read more (Nov 26, 2019)
Europe
Hennes & Mauritz AB  , Sweden (Company Site)
Colombia: H&M announces new collection after alliance with Colombian Johanna Ortiz Read more (Nov 27, 2019)
C. and J. Clark International Ltd , United Kingdom (Company Site)
Clarks brings in advisors to help with turnaround Read more (Nov 26, 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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