Freshii chief proposes Subway partnership | Portugal's Sonae builds a bigger global presence | Britain's Brantano enters 2nd administration
24 March 2017
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Freshii chief proposes Subway partnership
The CEO of Canada-based fast-casual chain Freshii penned an open letter to US-based sandwich chain Subway proposing a partnership that would convert some Subway locations to Freshii restaurants. Some Subway franchisees have already sold to open Freshii units, and others have opened Freshii restaurants in addition to their Subway stores, said Freshii CEO Matthew Corrin.
CBC.ca (Canada) (21 Mar.),  Eater (22 Mar.) 
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Retail in Europe
Portugal's Sonae builds a bigger global presence
Portugal-based retailer Sonae SGPS has partnered with a division of UK-based JD Sports Fashion to expand its presence in Spain without significant capital investments. Sonae has operations in 89 countries after expanding to 17 new markets last year.
Bloomberg (23 Mar.) 
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Britain's Brantano enters 2nd administration
UK-based shoe retailer Brantano has entered administration for the second time in less than two years, citing changing consumer spending habits and higher costs amid the post-Brexit pound slump. Brantano operates 73 standalone stores and 64 concessions across Britain.
The Guardian (London) (22 Mar.) 
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Retail in Asia
Amazon, Flipkart to launch in-store smartphone sales in India
Amazon logo
(David McNew/Getty Images)
Amazon and Flipkart are partnering with several smartphone brands to sell their gadgets in India, and the e-commerce sites are poised to expand sales to brick-and-mortar stores, sources said. The goods and services tax set to take effect July 1 is expected to reduce the price difference between online and in-store sales.
The Economic Times (India) (20 Mar.) 
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E-commerce Spotlight
Report: Online shopping catches on faster in Canada
Canada's retailers are catching up with their US counterparts when it comes to online retail, according to a report from E-Tail Canada, which found that 62% of merchants booked higher online sales last year. Online retail purchases by Canadians hit $19.2 billion in 2016, with 40% of the sales going to sites outside the country, according to Statistics Canada.
Financial Post (Canada) (21 Mar.) 
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Spotlight on Fashion
Myntra shifts to full-price fashion
Myntra shifts to full-price fashions
(Strdel/AFP/Getty Images)
Indian online fashion retailer Myntra will model its April sale event after flash sale sites that depend on undersupply to build demand and depend less on deep discounts. The event is part of a larger shift away from discounting and toward full-price high fashion.
LiveMint.com (India) (24 Mar.) 
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Can Fiorucci's new owners bring back '70s disco style?
Italian designer brand Fiorucci became a symbol of the flamboyant New York City disco scene in the 1970s, and its new British owners aim to revive the brand as it celebrates 50 years in business this year. The company launched a capsule collection at Barneys New York in early 2017, and it plans a pop-up shop in Selfridges and a standalone London store this fall.
The Guardian (London) (22 Mar.) 
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NRF News
NRF's annual e-commerce conference rebranded to Shop.org
NRF has adopted Shop.org as the name of its annual e-commerce conference, which was previously known as Retail’s Digital Summit. Shop.org will deliver insights into the future of digital retail and demonstrate how they are applicable in today’s marketplace as more than 4,000 retailers gather at the Los Angeles Convention Center September 25-27. Learn more.
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