Daily Retail News Monitor – December 6, 2019

Global Retailing Top News
Americas
FYidoctors , Canada (Company Site), Retail Chain
FYidoctors Expands into Medical Aesthetics via Acquisition Calgary-based FYidoctors/Visique, the world’s largest optometrist-owned eye care company, has expanded into the growing field of medical aesthetics. The company has acquired ReNue, a chain of doctor-led medical aesthetics clinics based in Calgary. This acquisition marks a significant growth opportunity for FYidoctors. Read more (Dec 6, 2019) Mergers and Acquisitions

Walmart Canada, Canada (Company Site), Department Stores/ Discount Department Stores
Walmart Canada and SCI open doors on new facility dedicated to fulfilling e-commerce orders across Canada SCI Canada and Walmart Canada announced the official opening of SCI’s largest dedicated and purpose-built distribution center (DC) in Mississauga, Ontario. The new distribution center is a flexible, scalable solution for logistics and fulfillment that is part of Walmart’s strategy to continue growing its e-commerce business in Canada. Read more (Dec 5, 2019) Contracts/ Deals


Macy’s, Inc. , United States (Company Site) (Ticker – M), Department Stores/ Discount Department Stores, LargeCap
Macy’s, Inc. Announces Leadership Change Macy’s, Inc. announced that Hal Lawton, president of the Macy’s brand business, has resigned, effective December 6, 2019. Hal made significant contributions to the business over the past two years, including improving the Macy’s operational cadence. Read more (Dec 6, 2019) Management Changes


The Kroger Co, United States (Company Site) (Ticker – KR), Wholesaler/ Retailers, LargeCap
Kroger to Divest its Stake in Lucky’s Market Noting that its Q3 earnings per share (EPS) and operating profit results have been affected primarily by a noncash impairment charge of $238 million related to an investment in Lucky’s Market, The Kroger Co. has decided, after a portfolio review, to divest its interest in the Boulder, Colo.-based natural food retailer. The portion of the charge attributable to Kroger is $131 million. Read more (Dec 5, 2019) Divestments


Tractor Supply Company, United States (Company Site) (Ticker – TSCO), Retail Chain, LargeCap
Tractor Supply Company Announces CEO Succession Plan; Names Hal Lawton President and Chief Executive Officer, Effective January 13, 2020 Tractor Supply Company, the largest rural lifestyle retailer in the United States, announced that its Board of Directors has named Hal Lawton as its President, Chief Executive Officer and a member of the Board of Directors, effective January 13, 2020. Lawton, who is currently President of Macy’s, will succeed Tractor Supply’s Chief Executive Officer Greg Sandfort, who previously announced his intent to retire. Read more (Dec 5, 2019) Management Changes


 

Global Retailing Other News
Americas
Signet Jewelers Ltd, Bermuda (Company Site)
Signet Jewelers Reports Third Quarter Fiscal 2020 Financial Results Read more (Dec 5, 2019)
Canada Computers Ottawa Downtown, Canada (Company Site)
Canada Computers & Electronics Opens 45,000 Square Foot Flagship Store in North York Read more (Dec 6, 2019)
Georgian Mall, Canada (Company Site)
Georgian Mall Retail Activation Promotes Barrie’s Downtown Offerings Read more (Dec 6, 2019)
Nulogy Corporation, Canada (Company Site)
Nulogy announces new capabilities to enable validation and compliance in regulated supply chains Read more (Dec 5, 2019)
Tulip, Canada (Company Site)
Tulip Launches LiveConnect App for Store Associates and Customers to Communicate Live Over Popular Messaging Platforms Read more (Dec 5, 2019)
Amazon.com Inc, United States (Company Site)
Punjab signs MoUs with Amazon, Flipkart to take MSMEs to new markets Read more (Dec 6, 2019)
Amazon.com Inc, United States (Company Site)
Amazon decides it has sampled enough Read more (Dec 5, 2019)
American Dream Meadowlands, United States (Company Site)
Long-awaited indoor ski slope debuts at New Jersey megamall Read more(Dec 5, 2019)
Armanino Foods of Distinction, Inc, United States(Company Site)
Armanino Foods of Distinction, Inc. Announces Regular Quarterly Dividend Read more (Dec 5, 2019)
Beyond Meat Inc, United States (Company Site)
Beyond Meat burgers to be sold at some Costco stores Read more (Dec 6, 2019)
Big Lots!, Inc, United States (Company Site)
Big Lots Reports Q3 Comps And Adjusted EPS In Line With Guidance Read more (Dec 5, 2019)
Bubbies Ice Cream & Desserts, United States (Company Site)
Bubbies Mochi Ice Cream Expands Its Growing Costco Offerings with New Decadent Collection Read more (Dec 5, 2019)
CarMax, Inc. , United States (Company Site)
CarMax Announces Third Quarter Conference Call Read more (Dec 5, 2019)
Costco Wholesale Corporation, United States (Company Site)
Costco says holiday calendar shift, web glitches impacted November, Q1 sales Read more (Dec 5, 2019)
Dollar General Corporation, United States (Company Site)
Dollar General lifts profit forecast, tops third-quarter expectations on sales Read more (Dec 5, 2019)
Duluth Holdings Inc, United States (Company Site)
Duluth Holdings +39% after earnings smasher Read more (Dec 5, 2019)
Express, Inc, United States (Company Site)
Express, Inc. Reports Third Quarter 2019 Results; Introduces Fourth Quarter 2019 Outlook Read more (Dec 5, 2019)
Fashion To Figure, United States (Company Site)
Gabrielle Union Partners With Fashion To Figure To Offer Plus-Sizes 12-24 Read more (Dec 5, 2019)
FedEx Corporation, United States (Company Site)
Mexico: FedEx expands logistics centers in the country Read more (Dec 5, 2019)
FYE, United States (Company Site)
FYE Launches Line of SNL-branded Consumables Based on Classic Sketches Read more (Dec 5, 2019)
J.Jill, Inc, United States (Company Site)
J.Jill, Inc. Appoints Jim Scully as Interim CEO Read more (Dec 5, 2019)
Kentucky Fried Chicken, United States (Company Site)
KFC’s Famous Fried Chicken-Scented Firelogs Return for Sale Starting Today Exclusively at Walmart.com Read more (Dec 5, 2019)
Kirkland’s, Inc. , United States (Company Site)
Kirkland’s Reports Third Quarter 2019 Results Read more (Dec 5, 2019)
Macy’s, Inc. , United States (Company Site)
Macy’s Launches SoGifted, a Female Entrepreneur-Focused Destination for Gifts Read more (Dec 5, 2019)
Need Supply Co., United States (Company Site)
Need Supply Co. has launched holiday pop-ups for millennial & Gen Z Shoppers Read more (Dec 5, 2019)
PriceSmart, Inc, United States (Company Site)
Guatemala: PriceSmart Guatemala presents new Platinum Membership Read more (Dec 5, 2019)
Rent the Runway, United States (Company Site)
Rent The Runway Brings Rentals To W Hotels Read more(Dec 5, 2019)
Rent-A-Center, Inc. , United States (Company Site)
Rent-A-Center, Inc. increases Quarterly Cash Dividend by 16% From $0.25 To $0.29 Read more (Dec 5, 2019)
Room and Board, Inc, United States (Company Site)
Room & Board Introduces Business Interiors for Hospitality & Workplace Environments Read more (Dec 5, 2019)
RTW Retailwinds, Inc, United States (Company Site)
RTW Retailwinds, Inc. Announces 2019 3rd Quarter ResultsRead more (Dec 5, 2019)
Sabra Dipping Company, LLC, United States (Company Site)
Sabra® Partners with HelloFresh to Bring Hummus Home for Dinner Read more (Dec 6, 2019)
Starbucks Corporation, United States (Company Site)
Bitter Coffee: Starbucks Squabbles With The Washington Insurance Commissioner Over $633 Million Paid To Its Captive Insurance CompanyRead more (Dec 5, 2019)
Target Corporation, United States (Company Site)
Target To Open Small-Format Store In Times Square Read more (Dec 5, 2019)
The Buckle, Inc. , United States (Company Site)
The Buckle, Inc. Reports November 2019 Net Sales Read more (Dec 6, 2019)
The Coca-Cola Company, United States (Company Site)
Argentina: Wabi, the new Coca-Cola app Read more (Dec 5, 2019)
The Estée Lauder Companies Inc., United States (Company Site)
La Mer opens flagship boutique in Singapore Read more (Dec 6, 2019)
The J.M. Smucker Company, United States (Company Site)
The J. M. Smucker Company Issues Voluntary Recall of Specific Lots of Special Kitty® Wet, Canned Cat Food Due to Health Concerns Read more(Dec 5, 2019)
The Michaels Companies, Inc., United States (Company Site)
The Michaels Companies Announces Third Quarter 2019 Results Read more(Dec 5, 2019)
Tiffany & Co, United States (Company Site)
Tiffany in ‘a difficult position’ on lackluster Hong Kong, home market sales Read more (Dec 6, 2019)
Tiffany & Co, United States (Company Site)
Tiffany shrugs off declines with LVMH in the wings Read more (Dec 5, 2019)
Tompkins International, Inc., United States (Company Site)
Tompkins International Announces Speaker Lineup for the Supply Chain Leadership Forum 2020 Read more (Dec 5, 2019)
Ulta Beauty Inc, United States (Company Site)
Ulta Beauty: Quarterly Report Read more (Dec 5, 2019)
VF Corporation, United States (Company Site)
Vans owner VF Corp announces new sustainable targets Read more (Dec 6, 2019)
VIZIO Inc. , United States (Company Site)
VIZIO Exceeds Retailer Expectations, Sells Over Half A Million Smart TVs Between Black Friday and Cyber Monday Read more (Dec 6, 2019)
Whole Foods Market Inc, United States (Company Site)
Whole Foods Market Brings Back 12 Days of Cheese, Releases Award-winning Lineup of Artisanal Cheese Read more (Dec 5, 2019)
Woodfield Mall, United States (Company Site)
Woodfield Mall to Host Holiday-Themed Disney Junior Play Date Read more (Dec 5, 2019)
Woodward Corner Market, United States (Company Site)
Woodward Corner Market to Open Jan. 29 in Royal Oak Read more (Dec 5, 2019)
Zumiez Inc, United States (Company Site)
Zumiez Inc. Announces Fiscal 2019 Third Quarter ResultsRead more (Dec 5, 2019)
Europe
C&A, Belgium (Company Site)
Mexico: C&A borders the eighty stores in the country Read more (Dec 5, 2019)
Lacoste S.A., France (Company Site)
Argentina: Lacoste opens a new store in Alto Rosario Read more (Dec 5, 2019)
Bulb, United Kingdom (Company Site)
New power seller from London is opening operations in Texas Read more (Dec 5, 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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