business news in context, analysis with attitude

With brief, occasional, italicized and sometimes gratuitous commentary…

•  Coborn's announced that it has sold its 14 Holiday franchised fuel and convenience stores to Holiday Stationstores, a move that will allow the company to focus more specifically on its 77 supermarkets in six states.  Terms of the deal were not disclosed.

•  The BBC reports that Avon, long known for door-to-door sales, is adding physical stores to its mix with locations in the UK, as well as in Brazil and South Africa.  The move follows a successful test in Turkey.

According to the story, "The company is looking for ways to follow women 'wherever they spend their time,' said global chief executive Angela Cretu, describing the move as an 'exciting new chapter.'

"The UK stores, expected to open over the next two months, would be based in 'neighbourhood communities' rather than on traditional High Streets, Ms Cretu said, and would be 'mini beauty boutiques' showcasing a selection from Avon's range.

"Avon has yet to confirm the number and locations of the new shops."

Granted, I'm not Avon's target consumer.  But I had no idea that company even was still in business.