Tencent, Gome reach strategic cooperation to improve marketing, big data, and cloud services

Key Signals in Retail and Consumer Goods

Centre Setup and Expansion
Ikea to launch small-format Planning Studio concept in Australia
Unlike its traditional warehouse-like stores, the Planning Studio is sized between 300-500sqm and designed for customers to plan and order complex home furnishings and services such as dining, kitchens, and bed spaces. Read More>>
Camping World opens sixth New York location in Churchville
The company has opened Camping World of Rochester, its sixth location in New York. This newly launched Supercentre in Churchville expands RV sales and service to the greater Rochester market. Read More>>
Lululemon opens a new location on the Upper West Side
The upcoming location at 216 Columbus Ave, which is expected to open this Spring, will be Lululemon’s third storefront on the Upper West Side; the other two locations can be found at West 75th and Broadway and within the Shops at Columbus Circle. Read More>>
Hugo Boss and Kanine enter global dog apparel and accessories license agreement
The exclusive license covers the design, production, and worldwide distribution of products for dogs, including apparel, accessories, home products, and toys under the BOSS brand. Read More>>
Retail giant Gome reaches strategic cooperation with Tencent
China’s premier home appliance retailer and Tencent have signed a strategic cooperation agreement in Bejing. The collaboration will see both companies working together on advertising and marketing, big data, cloud services, smart stores, etc. Read More>>
Mergers and Acquisitions
Asda buy-out likely as McColl’s stores go into administration 
Struggling convenience store business McColl’s, which has three shops in Pembrokeshire, looks to be saved by a supermarket giant buy-out. The chain has been placed into administration, but in a final deal, Asda is reportedly to buy McColl’s out in a deal that could be sealed. Read More>>
DSW’s parent company Designer Brands acquires domain   
The high-traffic domain furthers Designer Brands’ long-range strategy to expand its footprint digitally and strategically position and distribute Designer Brands’ owned brands and shoes from top national brand partners. Read More>>
Steelcase buys wood furniture manufacturer for USD 127 Mn
The company has acquired Halcon, a Minnesota-based designer and manufacturer of tailored wood furniture for the workplace. This acquisition will complement Steelcase’s current portfolio of wood products. Read More>>
Executive Movement
Graybar names Steven Breeden as District Vice President in Seattle 
As District Vice President, he will lead Graybar’s business operations in a territory, including Washington, Oregon, Idaho, Montana, Alaska , and Hawaii. Read More>>
Regis Corporation taps Matthew Doctor as the new President and CEO
Matt has been serving as the Company’s Interim Chief Executive Officer since December 2021 and previously was Executive Vice President and Chief Strategy Officer. Read More>>

Latest Industry Insights from Draup Braindesk

  • REI designs, develops and retails outdoor gear and apparel for camping, cycling, urban lifestyle, travel, and general outdoor recreation. 
  • REI brings top-quality gear and apparel, expert advice, rental equipment, and inspiring stories of life outside and outdoor experiences to enjoy alone or share with friends and family.

Key Funding Alert

Investment group that includes eBay and ex-Disney chair investing USD 263 Mn into Funko
As part of this investment, Funko and eBay are entering into a commercial agreement under which eBay will become the preferred secondary marketplace for Funko and the companies will also partner on creating exclusive product releases. Read More>>

Startup Spotlight

Company – Wingreens Farms
Total Funding – USD 47.05 Mn
About: Wingreens Farms sells a range of food products and is retailed in the market and online. It offers fresh dips and pita chips and has pioneered this product category in the country. The products are handmade by underprivileged women and are retailed through a unique sampling sales model that is a first in the market. Read More>>

Latest Reports Published in Draup

POST HOLDINGS, INC. Account Intelligence Report: Post Holdings operates in the center-of-the-store, food service, food ingredient, refrigerated, active nutrition and private label categories. Its Post Consumer Brands business manufactures, markets, and sells branded and private label cereal products. Read More>>
Here’s what’s new on our Sales Intelligence Platform
Get similar accounts suggestions in My Accounts
  • Get to know the Business Competitors in the About section of a Company Profile
  • Get similar companies suggestions in My Accounts to enrich your list
  • Now, you can mark a braindesk request as ‘Visible to only admins and me’ to raise confidential requests
  • Reskilling Transition Details is enriched with Paths Empirical Data by Movement Type analysis (eg, % of historical movements from startup to a larger organization) to help you understand the transitions deep characteristics
  • Introducing ‘Gender Diversity Index’ and ‘Academic Research Index’ in University Hiring section to help you compare universities on Gender Diversity and Academic Research work
View All Updates
Copyright © *|CURRENT_YEAR|* Draup, All rights reserved.

We are located at: *|HTML:LIST_ADDRESS_HTML|* *|END:IF|*

Want to change how you receive these emails?
You can update your preferences or unsubscribe from this list.

What you should do now

  1. Request a Demo and see how Draup can maximize the impact of your go-to-market teams with AI-driven sales intelligence.
  2. Read more free material about sales intelligence topics in our blog.
  3. If you know someone who’d enjoy this page, share it with them via email, LinkedIn, Twitter, or Facebook.