Insight Report | July 16, 2018 Premium June 2018 US Same-Store SalesCostco’s same-store sales growth accelerated in June versus the same period last year. Buckle, Cato and L Brands all reported comp improvement year over year. Read More
Flash Report | July 16, 2018 Register for Free Access China Tech Briefings: Alibaba Invests in Turkish Online Fashion Site TrendyolAlibaba has announced an investment in Turkey’s leading online fashion shopping site, Trendyol. According to Alibaba, itis the largest transaction in Turkey’s Internet sector to date. Read More
Store Tracker | July 13, 2018 Premium Weekly Store Openings and Closures Tracker 2018, Week 28: Fabletics Plans 75 New StoresYear-to-date 2018, the number of US store closure announcements stands at 4,204 and the number of store openings is 2,153. Year to date in the UK, there have been 999 store closure announcements and 632 store opening announcements. Read More
Company Earnings Update | July 13, 2018 Register for Free Access ASOS (LSE: ASC) 3Q18 Update: Steady Growth in Sales with the UK Leading the WayASOS reported 3Q18 group revenue growth of 22% to £823.9 million in the four months ended June 30, 2018. Read More
Flash Report | July 11, 2018 Register for Free Access Walmart’s Jet.com to Open E-Commerce Fulfillment Center in New York CityWalmart-owned Jet.com is planning to lease a fulfillment center in the Bronx borough of New York City. The new warehouse will enable Jet to offer same-day delivery of groceries and selected merchandise and to significantly reduce its current delivery time of two days. Read More
Insight Report | July 11, 2018 Premium China Tech Briefings: Ling Shou Tong—Alibaba Leverages Independent Convenience Stores to Gain a Competitive Advantage in New RetailLing Shou Tong is a partnership program between Internet giant Alibaba, the owner of Tmall, and independent, family-run convenience stores (c-stores) in China. It aims to modernize c-stores by enabling them to incorporate technology for analytics and operational improvement. Read More
Flash Report | July 9, 2018 Register for Free Access Amazon to Acquire PillPack for a Reported $1 Billion, Bolstering Pharmacy AmbitionsAmazon has entered into an agreement to acquire US-based online pharmacy PillPack. The transaction is subject to regulatory approvals and is expected to close in the second half of 2018. Read More
Store Tracker | July 6, 2018 Premium Weekly Store Openings and Closures Tracker 2018, Week 27: Macy’s Plans 55 New Bluemercury StoresYear-to-date 2018, the number of US store closure announcements stands at 4,146 and the number of store openings is 2,042. Year to date in the UK, there have been 956 store closure announcements and 625 store opening announcements. Read More
Company Earnings Update | July 6, 2018 Register for Free Access Primark (LSE: ABF) 9M18 Trading Update: Improved Comparable Sales Driven by Better Trading in the EurozoneAssociated British Foods (ABF) reported its 9M18 trading statement for the 40 weeks ended June 23, 2018. This report focuses on Primark, the company’s retail division. Read More
Insight Report | July 5, 2018 Premium Quick Take: Technology Platforms’ Status as “Digital Gatekeepers” Set to Fuel Further Retail-Tech CollaborationsMore and more international retailers are collaborating with, or investing in, digital platform operators. We see these platform operators as “digital gatekeepers,” in that they hold the keys to growth for retailers in certain channels and markets. Read More
Company Earnings Update | July 5, 2018 Register for Free Access Sainsbury’s (LSE: SBRY) 1Q19 Sales Update: Very Weak Growth Confirms Under performance Versus PeersSainsbury’s reported very weak comp growth of just 0.2% in 1Q19. Read More
Flash Report | June 25, 2018 Register for Free Access US Supreme Court Enables States to Collect Taxes on Online Sales Possibly Levelling the Playing Field in US RetailOn Thursday, June 21, the US Supreme Court ruled that American states have the right to collect taxes on e-commerce sales regardless of the physical location of the online retailer. The decision reversed a 1992 deliberation that granted a defacto tax break for pure-play retailers. Read More
Company Earnings Update | June 22, 2018 Register for Free Access Kroger (KR) 1Q18 Results: Beats on EPS and Revenue, Raises OutlookKroger reported 1Q18 adjusted EPS of $0.73, up from $0.58 in the year-ago period and above the $0.63 consensus estimate. Revenues were $37.5 billion, up 3.4% year over year and above the $37.3 billion consensus estimate. Read More
Event Coverage | June 22, 2018 Register for Free Access CES Asia Part 2: Hearing about Ever-Smarter Smart-Home DevicesThe Coresight Research team attended Asia’s fastest-growing consumer technology event CES Asia 2018 in Shanghai. This year’s event attracted over 500 global exhibitors, more than 40,000 attendees and over 1,200 media. This is the second of two reports on our key takeaways from the event. Read More
Deep Dive | June 21, 2018 Premium The Decline of the UK Department Store – and Struggles in Germany, TooIn the UK, major midmarket department stores are undertaking store closure programs to address under performance—and Germany’s department-store market leader is seeing sales declines deepen, too. Read More
