Deep Dive | May 22, 2018 Premium Subscription Commerce Update – Disruptors Face DisruptionSubscription services continue to capture billions of dollars that would otherwise go to conventional retailers. However, we are now seeing some US subscription commerce disruptors face disruption themselves. Read More
Company Earnings Update | May 21, 2018 Register for Free Access Nordstrom (JWN) 1Q18 Results: Misses on Comps, Raises EPS Guidance RangeNordstrom reported 1Q18 EPS of $0.51, up 37.2% year over year and beating the $0.43 consensus estimate. Total revenues were $3.56 billion, up 6.2% and beating the $3.45 billion consensus estimate. Read More
Company Earnings Update | May 18, 2018 Register for Free Access Walmart (WMT) Fiscal 1Q19 Results: Net Sales Beat Expectations, Guidance Affected by Portfolio RepositioningWalmart reported fiscal 1Q19 net sales of $121.6 billion, up 4.4% year over year and beating the $119.3 billion consensus estimate. US comps increased by 2.1% in the quarter. Adjusted EPS was $1.14, beating the $1.12 consensus estimate. Read More
Company Earnings Update | May 18, 2018 Register for Free Access Macy’s (M) 1Q18 Results: Company Beats Estimates, Raises Full Year GuidanceMacy’s reported 1Q18 adjusted EPS of $0.42 and total revenues of $5,541 million, exceeding analysts’ estimates. Comparable sales were up 3.9% on an owned basis and up 4.2% on an owned-plus-licensed basis. Read More
Company Earnings Update | May 18, 2018 Register for Free Access JCPenney (JCP) 1Q18 Results: New Sales Negatively Impacted by Store Closures, Company Results Below EstimatesJCPenney reported 1Q18 net sales of $2.58 billion, down 4.3% year over year and below the $2.62 billion consensus estimate. Comparable sales were up 0.2% for the period. Store closures in FY17 and unseasonal weather during the first quarter negatively impacted results. Read More
Event Coverage | May 17, 2018 Register for Free Access Demand for Natural Products and Experiences Drives Beauty Growth: Top Takeaways from the WWD Beauty CEO Summit 2018Our top takeaways from the WWD Beauty CEO Summit 2018 include: Read More
Company Earnings Update | May 16, 2018 Register for Free Access Home Depot (HD) 1Q18 Results: Beats on EPS, Misses on Revenues and Same-Store SalesHome Depot reported 1Q18 EPS of $2.08, up from $1.67 in the year-ago quarter and ahead of the $2.05 consensus estimate. Total revenues were $24.95 billion, up 4.4% year over year but below the $25.17 billion consensus estimate. Read More
Insight Report | May 14, 2018 Premium Quick Take: The Boom in Marketplace PlatformsIn this report, we review the different types of marketplace platforms. Read More
Company Earnings Update | May 11, 2018 Register for Free Access Next (LSE: NXT) 1Q19 Trading Update: Strong Quarter, Raises Full-Year GuidanceNext reported total full-price sales growth of 6.0% in the first quarter ended May 7, 2018. Full-price in-store retail sales declined by 4.8%, while full-price online sales jumped by 18.1%. Read More
Store Tracker | May 11, 2018 Premium Weekly Store Openings and Closures Tracker 2018, Week 19: Five Below Opens Over 30 New StoresCoresight Research tracks store openings and closures for a select group of retailers in the US and the UK, as well as major US store bankruptcies. Read More
Flash Report | May 10, 2018 Register for Free Access Walmart to Invest $16 Billion to Acquire a 77% Stake in India’s FlipkartOn May 9, Walmart announced the signing of a definitive agreement to invest $16 billion for a 77% stake in Flipkart, a leading online retailer in India. The company said it supports Flipkart’s ambition to become a publicly listed subsidiary in the future. Read More
Event Coverage | May 10, 2018 Register for Free Access Takeaways from the Berns Communications Group/Story VIP Breakfast: Author and Media Guru Joanna Coles Talks Digital vs. Real RelationshipsOn May 9, the Coresight Research team attended a breakfast event hosted by Berns Communications Group (BCG) at Story, a retail concept store in New York City. The event is part of BCG’s series honoring female leaders in the retail, fashion, media and technology industries. The event’s featured guest was Joanna Coles, Chief Content Officer of Hearst Magazines and author of Love Rules: How to Find a Real Relationship in a Digital World. Read More
Insight Report | May 10, 2018 Premium China Tech Briefings: Alibaba to Bring Its Tmall Genie Smart Speaker to Mercedes, Audis and Volvos in ChinaThis is our inaugural China Tech Briefings In this series, we will track news and developments related to China technology companies and share our viewpoints on how these will impact the retail sector and the overall economy. Read More
Insight Report | May 9, 2018 Premium Retail Real Estate M&As: A Sign of Renewed Investor Confidence in US Retail?In this report, we examine recent consolidation among retail real estate companies. Read More
Company Earnings Update | May 8, 2018 Register for Free Access Alibaba (BABA) 4Q18 Results: Strong Revenue Growth, Although Margin Was SqueezedAlibaba reported 4Q18 revenues of ¥61.9 billion, up 61% year over year. The company attributed the strong results to the robust revenue growth from its core commerce segment, as well as the Alibaba Cloud business. Read More
