Daily Retail News Monitor – December 13, 2019

Global Retailing Top News
Americas
Asbury Automotive Group , United States (Company Site) (Ticker – ABG) , Auto Retail , LargeCap
Asbury Automotive Group Announces The Acquisition Of Park Place Dealerships Asbury Automotive Group, Inc., one of the largest automotive retail and service companies in the U.S., entered into a definitive agreement to acquire certain assets of Park Place Dealerships, one of the country’s largest and most prominent luxury dealer groups, for $1 billion in an all-cash transaction, excluding vehicle inventory. Read more (Dec 12, 2019) Mergers and Acquisitions

Walgreens Boots Alliance, Inc , United States (Company Site) (Ticker – WBA) , Food and Drug Stores , LargeCap
Walgreens Boots Alliance and McKesson to Create German Wholesale Joint Venture Walgreens Boots Alliance and McKesson Corporation signed an agreement to create a joint venture that will combine their respective pharmaceutical wholesale businesses in Germany, Alliance Healthcare Deutschland and GEHE Pharma Handel. WBA will have a 70% controlling equity interest in the joint venture and McKesson will have a 30% ownership interest. Read more (Dec 12, 2019) Joint Ventures


Europe
Netalogue Technologies plc , United Kingdom (Company Site) , Technology
TrueCommerce Acquires Netalogue TrueCommerce, a global provider of trading partner connectivity, integration and unified commerce solutions, announced that it has acquired Netalogue Technologies plc, the United Kingdom’s leading provider of B2B eCommerce solutions. This addition complements the TrueCommerce portfolio by providing a strategic technology service that strengthens its commerce network throughout Europe. Read more (Dec 12, 2019) Mergers and Acquisitions


 

Global Retailing Other News
Americas
Brenton & Co , Canada (Company Site)
Unique Bespoke Tailor ‘Brenton & Co’ Opens Yorkville Storefront Read more (Dec 13, 2019)
Goodfood Market Corp , Canada (Company Site)
Goodfood to Report First Quarter Fiscal Year 2020 Results and Hold Annual General Meeting Read more (Dec 12, 2019)
Leon’s Furniture Ltd , Canada (Company Site)
Leon’s Furniture Marks 50 Years of Public Trading As it Continues Retail Expansion Read more (Dec 13, 2019)
SCI Group Inc , Canada (Company Site)
SCI Expands Healthcare Footprint in Western Canada Read more (Dec 12, 2019)
Mall Plaza , Chile (Company Site)
Chile: Mallplaza obtains first place in the Real Estate – Retail sector in the Merco 2019 ranking Read more (Dec 12, 2019)
Comercial City Fresko , Mexico (Company Site)
Mexico: La Comer opens its sixth store this year Read more(Dec 12, 2019)
Grupo Lala, S.A.B. de C.V. , Mexico (Company Site)
Grupo LALA Announces Executive Leadership Changes Read more (Dec 12, 2019)
Albertsons Companies, Inc , United States (Company Site)
Albertsons Companies and Takeoff Technologies Develop Strategic Partnership Focused on the Future of Grocery E-Commerce Read more (Dec 12, 2019)
Amazon.com Inc , United States (Company Site)
Amazon.com to open distribution center in Northeastern Brazil in 2020 Read more (Dec 13, 2019)
Amazon.com Inc , United States (Company Site)
Amazon launches Audible Suno free app featuring short-stories in India Read more(Dec 12, 2019)
Amazon.com Inc , United States (Company Site)
Amazon secures rights to show Champions League in GermanyRead more (Dec 12, 2019)
American Dream Meadowlands , United States (Company Site)
North America’s First Indoor Ski Slope Feels a Lot Like the Real Thing Read more (Dec 12, 2019)
American Dream Meadowlands , United States (Company Site)
American Dream’s Candy Department Store Opens Saturday Read more (Dec 12, 2019)
BlueSnap , United States (Company Site)
BlueSnap Announces Enhanced Integration with Zuora Read more(Dec 12, 2019)
Curacao , United States (Company Site)
Peru: Curacao opens stores with a new experience formatRead more (Dec 12, 2019)
DGSE Companies, Inc , United States (Company Site)
DGSE Companies, Inc. Heads into New Year with New Name: ENVELA CORPORATION Read more (Dec 12, 2019)
Diebold Nixdorf , United States (Company Site)
Diebold Nixdorf Reaffirms 2019 Outlook, Provides Guidance For 2020 And 2021 Read more (Dec 12, 2019)
Dunkin’ , United States (Company Site)
Dunkin’ Brands Names Scott Murphy President, Dunkin’ Americas Read more (Dec 12, 2019)
H-E-B , United States (Company Site)
H-E-B upgrades mobile shopping app, earns kudos from Apple Read more (Dec 12, 2019)
Lumber Liquidators Inc. , United States (Company Site)
Lumber Liquidators Updates 2019 Financial Outlook To Reflect Favorable Tariff Exclusions From The U.S. Trade RepresentativeRead more (Dec 12, 2019)
Lyft, Inc , United States (Company Site)
Lyft Launches Grocery Access Program In Prince George’s County Read more (Dec 12, 2019)
Macy’s, Inc. , United States (Company Site)
Torrence Boone Joins Macy’s, Inc. Board of Directors Read more (Dec 12, 2019)
McDonald’s Corporation , United States (Company Site)
Mcdonald’s implements new technology to donate to its house of charities Read more (Dec 12, 2019)
Newegg Inc , United States (Company Site)
Newegg’s ‘Tech the Halls’ Gift Guide is Packed with Gift-giving Advice for Holiday Shoppers Read more (Dec 12, 2019)
Nike, Inc. , United States (Company Site)
Nike expands swimwear to include a swim hijab Read more (Dec 12, 2019)
Parker’s , United States (Company Site)
Parker’s Recognized for Southern-Style Foodservice Read more (Dec 12, 2019)
Pho Hoa Noodle Soup , United States (Company Site)
Pho Hoa Noodle Soup Expands With Multiple Franchise UnitsRead more (Dec 12, 2019)
Popeyes , United States (Company Site)
Popeyes made an ugly Christmas sweater that sold out in just 14 hours, showing the enduring power of the chain’s chicken sandwich Read more (Dec 13, 2019)
Pottery Barn , United States (Company Site)
Pottery Barn Brands Partner with Flour Shop’s Amirah Kassem Read more (Dec 12, 2019)
Publix Super Markets, Inc. , United States (Company Site)
GreenWise Market Opens Two New Stores in Florida Read more (Dec 12, 2019)
roOomy , United States (Company Site)
roOomy Partners with Toll Brothers Apartment Living to Create Custom Applications for Magic Leap 1, Spatial Computing Device Read more (Dec 12, 2019)
Southeastern Grocers , United States (Company Site)
Southeastern Grocers Celebrates Season of Giving with Holiday Hunger Relief Program Read more (Dec 12, 2019)
Symphony RetailAI , United States (Company Site)
Retailers Rank Symphony RetailAI as No. 1 in Software Reliability, Among Other Retail Technology Categories Read more (Dec 12, 2019)
The Fresh Market , United States (Company Site)
Haven’s Kitchen Sauces Now Available In The Fresh Market, Continues Expansion Across U.S. Read more (Dec 12, 2019)
The Kroger Co , United States (Company Site)
Kroger Elects Karen M. Hoguet to Board of Directors Read more (Dec 12, 2019)
Thrive Market , United States (Company Site)
Thrive Market Launches First G.A.P. Certified South American Beef Supplier – Range Patagonian Grass-Fed Beef Read more(Dec 12, 2019)
Ulta Beauty Inc. , United States (Company Site)
Ulta Beauty CEO Mary Dillon to Keynote ICSC’s RECon 2020 Read more (Dec 12, 2019)
Verishop , United States (Company Site)
Verishop Announces Partnership With U.S. Mall Owner Read more(Dec 12, 2019)
Village Super Market Inc , United States (Company Site)
Village Super Market: Fiscal 1Q Earnings Snapshot Read more(Dec 12, 2019)
Walmart Inc. , United States (Company Site)
Bonobos founder Andy Dunn to leave Walmart Read more (Dec 13, 2019)
Wegmans Food Markets, Inc , United States (Company Site)
Wegmans to build new regional distribution center in Virginia Read more (Dec 12, 2019)
Westfield Valencia Town Center , United States (Company Site)
Westfield welcomes Verishop’s digital brands to US mallsRead more (Dec 12, 2019)
Asia
Li & Fung Limited , Hong Kong (Company Site)
Li & Fung and First Insight Announce Global Strategic Partnership to Integrate Voice of the Customer Analytics into Li & Fung’s Digital Supply Chain SolutionsRead more (Dec 12, 2019)
Future Retail Limited , India (Company Site)
Future Retail looks to raise up to $400 million Read more (Dec 13, 2019)
Purplle , India (Company Site)
Online beauty platform Purplle nets $30m from Goldman, others Read more (Dec 12, 2019)
Europe
Gucci , Italy (Company Site)
Mexico: Gucci reopens its boutique in Perisur Read more (Dec 12, 2019)
Suitsupply B.V. , Netherlands (Company Site)
Suitsupply to Significantly Expand Canadian Presence with Multiple Store Openings Read more (Dec 12, 2019)

 

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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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