Weinswig’s Weekly — October 18, 2019

Executive Summary

• 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.