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Event Coverage | January 18, 2018

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NRF 2018 Retail’s Big Show: Takeaways from Day Three

The FGRT team attended NRF 2018 Retail’s Big Show in New York City this week. With more than 35,000 attendees from 95 countries, including 18,000 retailers and more than 600 exhibitors, the trade show is one of the biggest in the retail industry. Below are our key takeaways from the third and final day of the event.

Company Earnings Update | January 18, 2018

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Zalando (XTRA:ZAL) 4Q17 and FY17 Update: Revenue and EBIT Grow in Line with Expectations

Zalando reported preliminary results showing year-over-year revenue growth of 21.2%–23.2% in 4Q17.

Company Earnings Update | January 18, 2018

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Groupe Casino (EPA: CO) 4Q and FY17 Trading Update: LatAm Drives Full-Year Growth Yet Again, Soft Performance in France

Groupe Casino reported FY17 sales growth of 5.0% to €37,822 million. Organic sales growth was 3.2% and comparable sales growth was 2.4%.

Company Earnings Update | January 18, 2018

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Carrefour (ENXTPA: CA) 4Q17 and FY17 Update: FY17 Sales Impacted by a Slowdown in Food Sales Growth

Carrefour reported 4Q17 sales including sales tax of €23,328 million. Comparable sales grew by 1.9% excluding fuel and calendar effects, an improvement over the previous quarter that was due to stronger momentum in France.

Insight Report | January 17, 2018 Premium

Amazon UK Slips Down the Customer Satisfaction Rankings: Could We See a Similar Shift in the US?

In 2017, OC&C Strategy Consultants reported that Amazon had lost its long-held first place in its annual ranking of the UK’s favorite retailers. Amazon UK fell sharply in last year’s survey, to fourth place.

Event Coverage | January 15, 2018

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NRF 2018 Retail’s Big Show: Takeaways from Day One

The FGRT team is attending NRF 2018 Retail’s Big Show in New York City this week. With more than 35,000 attendees from 95 countries, including 18,000 retailers and more than 600 exhibitors, the trade show is one of the biggest in the retail industry. Below are our key takeaways from the first day of the event.

Store Tracker | January 12, 2018 Premium

Weekly Store Openings and Closures Tracker 2018, Week 2: Walmart to Close 63 Sam’s Club Stores; RadioShack Exits Bankruptcy

Year-to-date 2018, the number of US store closure announcements stands at 2,781 and the number of store openings is 1,278.

Company Earnings Update | January 12, 2018

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TESCO (LSE: TSCO) 3Q18 and Christmas Update: Hypermarket Recovery and Growth in Food Drive Solid Comp

Tesco reported UK comparable sales growth of 2.3% in 3Q18, slightly below consensus expectations but up from 2.1% in the prior quarter.

Company Earnings Update | January 12, 2018

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Marks & Spencer (LSE: MKS) 3Q18 Update: Clothing Returns to Deep Declines, Food Underperforms

Marks & Spencer (M&S) reported weak comparable sales growth in its core UK divisions in 3Q18.

Company Earnings Update | January 12, 2018

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Boohoo Group (LSE: BOO) 3Q18 Trading Update: Doubles Revenue, Raises Guidance

Boohoo.com reported group revenue of £228.2 million in 3Q18 (the four months ended December 31, 2017), up 93% year over year at constant currency.

Event Presentation | January 11, 2018 Premium

New Retail Becoming a Reality (CES)

• On June 16, Amazon announced its plan
to acquire Whole Foods for $13.7 billion
in cash.
• Amazon closed the acquisition on
August 28, and Amazon electronics
were available in Whole Foods stores
that same day.
• Amazon reduced prices on some items
by as much as 43% on the day of deal
closing and again on November 15.

Company Earnings Update | January 11, 2018

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Sainsbury’s (LSE: SBRY) 3Q18 Update: Modest Comp Growth Exceeds Expectations

UK grocery retailer Sainsbury’s reported comparable sales growth of 1.1% in 3Q18, ahead of the consensus estimate. This includes its general-merchandise banner Argos.

Insight Report | January 10, 2018 Premium

US 2017 Holiday Retail Recap: Season Exceeds Expectations

In this report, we take stock of the 2017 holiday season in the US, providing an overview of retail sales, category winners and returns. We also look at the drivers of this holiday season’s sales growth, including macroeconomic conditions, weather and a favorable calendar effect.

Company Earnings Update | January 10, 2018

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Morrisons (LSE: MRW) Christmas Trading Update: Strong Sales Growth Beats Expectations

UK grocery retailer Morrisons reported comparable sales growth of 2.8% and retail comps of 2.1% in the weeks ended January 7.

Store Tracker | January 5, 2018 Premium

Weekly Store Openings and Closures Tracker 2018, Week 1: A Review of 2017’s Record US Closures; Sears to Close Over 100 More Stores; Macy’s to Close 11 Stores

FGRT tracks store openings and closures for a select group of retailers in the US and the UK. This week, we review US store openings and closures for 2017 and look at what has happened so far in 2018.