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Weinswig’s Weekly 14 minutes

Weinswig’s Weekly — October 18, 2019

Coresight Research

Key Points

  • This week’s note “From the Desk of Deborah Weinswig” looks at how three electronics retailers have thrived in the online shopping age.

In the news this week:

  • US luxury department store Saks Fifth Avenue has teamed up with licensing firm Authentic Brands Group (ABG) to acquire Barneys out of bankruptcy for $270 million.
  • Portuguese food retailer Jerónimo Martins has opened its first checkout-free Pingo Doce & Go Lab Store.
  • Indian e-commerce company Flipkart is entering the food retail business with the launch of a new venture called Flipkart FarmerMart. The company will invest $258 million in the new business.

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