Executive Summary

• This week’s note “From the Desk of Deborah Weinswig” discusses a potential entry into the pharmacy business by Amazon
• This holiday season, retailers are ordering less for US shoppers. With foot traffic at their stores in decline, department stores that normally would have stocked up for the biggest shopping season of the year months ago are still in the process of placing new
• In October, UK retail sales fell by 1.0% year over year on a comparable basis. Total sales edged up 0.2%, well below the three-month and 12-month averages of 1.7% and 1.5%, respectively.
• Zalando has added a personalization tool to its website that will allow customers to personalize shoes from sports brand Adidas. The tool is called Miadidas and is currently available only to customers in Germany.