Event Presentation | March 30, 2018 Premium New Retail Inspirations – What We Can Learn from the East• Alibaba has significantly invested in or acquired various brick-and mortar businesses in China, including Suning, Intime Retail Group, Sanjiang Shopping Club and Sun Art Retail Group. • The company is already operating automated cashless retail stores in China. Read More
Store Tracker | March 30, 2018 Premium Weekly Store Openings and Closures Tracker 2018, Week 13: All 94 Aaron Brothers Stores to Close; Jet.com Gets New PresidentYear-to-date 2018, the number of US store closure announcements stands at 3,258 and the number of store openings is 1,699. Year to date in the UK, there have been 221 store closure announcements and 491 store opening announcements. Read More
Company Earnings Update | March 29, 2018 Register for Free Access Walgreens Boots Alliance (WBA) Fiscal 2Q18 Results: Beats Consensus Estimates and Raises Annual EPS GuidanceWalgreens Boots Alliance reported fiscal 2Q18 adjusted EPS of $1.73, handily beating the $1.55 consensus estimate and up 27.1% year over year. Revenues were $33.02 billion, up 12.1% year over year and beating the consensus estimate of $32.20 billion. Read More
Company Earnings Update | March 29, 2018 Register for Free Access PVH (PVH) 4Q17 Results: Company Beats Expectations, Offers Outlook Above ConsensusPVH reported 4Q17 revenues of $2.50 billion, up 18.6% year over year and beating the $2.35 billion consensus estimate. Adjusted EPS was $1.58, above the consensus estimate of $1.47 and up 28.5% from the year-ago quarter. Read More
Company Earnings Update | March 28, 2018 Register for Free Access H&M (STO: HM-B) 1Q18 Results: Cold Weather and Markdowns Hamper Sales and Profit GrowthSwedish fashion group H&M announced absolute sales and profit data for 1Q18 on March 27. The company had already announced 1Q18 revenue growth on March 15. Read More
Flash Report | March 27, 2018 Register for Free Access Walmart’s Jet.com Appoints Tesco Veteran Simon Belsham as PresidentSimon Belsham, a veteran of the UK online grocery industry, has been appointed President of Walmart-owned Internet pure play Jet.com. Read More
Market Navigators/Market Outlook | March 27, 2018 Premium Opportunity in the US Plus-Size Apparel MarketThe women’s plus-size apparel market has been growing faster than the apparel market overall in the US, and analysts predict that the segment will continue to grow faster than the overall clothing market in coming years. Read More
Insight Report | March 27, 2018 Premium Beauty Tech Comes of AgeL’Oréal announced that it is acquiring ModiFace, a Canadian company that creates augmented reality and artificial intelligence technologies for the beauty industry. Read More
Insight Report | March 26, 2018 Premium Toys“R”Us Closures: Exclusive Coresight Research Survey Suggests Big Gains for Walmart and TargetToys“R”Us looks set to close all 800 of its US stores, following its bankruptcy filing. To assess which other toy retailers are likely to gain from the chain’s closure, we conducted a proprietary consumer survey among US toy shoppers. Read More
Flash Report | March 26, 2018 Register for Free Access Marks & Spencer Appoints Retail Veteran Stuart Machin as Managing Director of FoodMarks & Spencer (M&S) announced that it has appointed retail veteran Stuart Machin to the newly created role of Managing Director of Food. Read More
Company Earnings Update | March 23, 2018 Register for Free Access Five Below (FIVE) 4Q17 Results: Beats on Top and Bottom Lines, Announces Share RepurchaseFive Below reported 4Q17 revenues of $504.8 million, up 30.1% year over year and beating the consensus estimate of $502.7 million. Diluted EPS was $1.21, beating the $1.16 consensus estimate. Read More
Company Earnings Update | March 19, 2018 Register for Free Access Dollar General (DG) 4Q17 Results: Solid Quarter, Beats on Comps; Issues EPS Guidance Above ConsensusDollar General reported 4Q17 adjusted EPS of $1.48,down 1.0% year over year and in line with the consensus estimate. Revenues were $6.13 billion, up 2.0% year over year but below the $6.21 billion consensus estimate. Read More
Store Tracker | March 16, 2018 Premium Weekly Store Openings and Closures Tracker 2018, Week 11: Abercrombie & Fitch to Close 60 Stores, Ross Stores to Add 100Year-to-date 2018, the number of US store closure announcements stands at 2,220 and the number of store openings is 1,699. Year to date in the UK, there have been 216 store closure announcements and 491 store opening announcements. Read More
Company Earnings Update | March 16, 2018 Register for Free Access H&M (STO: HM-B) 1Q18 Sales Update: Very Weak Performance Despite Solid Growth in Store NumbersH&M reported that total 1Q18 sales growth was flat in constant-currency terms. Read More
Company Earnings Update | March 15, 2018 Register for Free Access INDITEX (BME: ITX) FY17 Results: Strong Sales Growth Offset by Margin ErosionInditex reported FY17 revenues of €25,336 million, up 8.7% year over year and slightly below the consensus estimate of €25,406 million. Read More