Analyst Corner 14 minutesRegister for Free AccessWEINSWIG’S WEEKLY JULY 26 2019 Coresight Research July 26, 2019 Executive Summary This week’s note “From the Desk of Deborah Weinswig” looks at Alibaba’s move into the US B2B market. GNC announced it will close 700-900 stores, mostly in malls, where around 28% of its stores are located. The supplements retailer reported US and Canada second quarter revenues fell 8% as same-store sales slid 4.6%. German fashion retailer Gerry Weber will close all its UK stores by the end of October. The announcement comes as part of its parent company’s restructuring plan initiated in January. Ikea plans to start selling in Mumbai, its second location in India in less than a year. Ikea will first offer online sales in Mumbai and later open small stores, pick up centers and customer service centers across the city, to be followed by increased online offerings. Please Login to read the full report. Not a member? Register for a free user account. This document was generated for Other research you may be interested in: AI Integration, Practical and Research Uses, and Challenges Within Real Estate: Insights Presented at the NARG 2024 Spring MeetingConsumer Activity Declines While Shopping Stays Steady: US Consumer Tracker 2023, Week 35Focus on Sustainable Fashion: China Consumer TrackerAugust 2023 US Housing Market Indicators: Mortgage Rate Increases to Highest in Over 21 Years