Analyst Corner 14 minutesRegister for Free AccessWeekly Insights Apr 21, 2017 Coresight Research April 21, 2017 Executive Summary This week’s note “From the Desk of Deborah Weinswig” discusses the state of the British consumer and how the recently announced general election on June 8 may impact consumer spending in the UK. Walmart is in talks to buy men’s clothing retailer Bonobos for about $300 million, according to people familiar with the situation. It would be Walmart’s fourth purchase of a small, online-focused retailer since it bought Jet.com for $3.3 billion last September. British grocery retailer Sainsbury’s has opened 50 Argos digital stores across its supermarkets, and it intends to open a total of 250 over the next three years. The retailer also plans to update 60 existing Argos stores to a new digital format. Alisports, the sports affiliate of e-commerce giant Alibaba, announced that it is partnering with the Olympic Council of Asia to bring e-sports (competitive computer gaming) to the 2018 and 2022 Asian Games, to be held in Jakarta and Hangzhou, respectively. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in: February 2023 Monthly Consumer Update: US, UK and ChinaMore Active Consumers Proliferate Ahead of Memorial Day: US Consumer Tracker 2023, Week 22US Consumer Tracker: Consumers Settle in to Winter HabitsInsights Video: Retail Shrink and Loss-Prevention Methods