Flash Report | October 21, 2016 Register for Free Access Walmart to Fast Track China Expansion with JD Ahead of Singles’ DayWalmart and JD.com announced a series of joint initiatives to expand their offering for Chinese online shoppers ahead of Singles Day 2016. This builds upon an existing strategic alliance the two companies had formed in June 2016. Read More
Flash Report | October 20, 2016 Register for Free Access Carrefour (ENXTPA: CA) 3Q16 Results: Sales Lifted by Strong Performance in Latin AmericaCarrefour reported net sales of €21.8 billion in 3Q16, up 3.6% from 3Q15, at constant currency excluding fuel, and beating the consensus estimate of €21.5 billion. Read More
Event Presentation | October 18, 2016 Premium Do or Die – Retail Imperatives for Globalization Personalization and Localization• US food prices have fallen, impacting revenues in all grocery channels. • Declining US exports have pushed down domestic prices of fresh-food categories such as beef and poultry, while a surplus has depressed dairy prices. Read More
Company Earnings Update | October 14, 2016 Register for Free Access Unilever (LSE: ULVR) 3Q16 Results: Flat Revenue Due To Volatile Markets And Exchange RatesUnilever reported 3Q16 revenues of €13.4 billion, down 0.1% year over year, and below the consensus estimate of €13.9 billion. The decline was primarily driven by a negative currency impact of 3.4%, which offset sales growth of 3.2% on an underlying basis. Read More
Flash Report | September 27, 2016 Register for Free Access Target’s Chief Digital Officer Departs the CompanyJason Goldberger, Target’s Chief Digital Officer and President of Target.com, departed the company late last week. Read More
Company Earnings Update | September 12, 2016 Register for Free Access Kroger (KR) 2Q16 RESULTS: MIXED QUARTER, LOWERS GUIDANCEKroger reported fiscal 2Q16 adjusted earnings per share (EPS) of $0.47 versus $0.44 a year ago and beat consensus by two pennies. Revenues were $26.6 billion, up 4% year over year and slightly below the consensus estimate of $26.8 billion. Read More
Company Earnings Update | August 26, 2016 Register for Free Access Ahold Delhaize (AD) 1H16 RESULTS: REVENUES AND NET PROFIT UP, INTEGRATION ON COURSEAhold reported 1H16 revenues of €20,720 million, up 3.7% from €19,977 million in 1H15. Net income grew by 10.3% to €450 million, and diluted EPS grew by 10.2% to €0.54. Sales in the US grew by 3.1% at constant currency, in the Netherlands by 4.8% and in the Czech Republic by 0.1%, also at constant currency. Read More
Insight Report | August 18, 2016 Premium Unilever to Acquire Air-Purification Brand BlueairOn August 16, consumer goods giant Unilever (LSE: ULVR) announced that it had agreed to acquire Blueair, a Swedish air-purification systems manufacturer, for an undisclosed sum. Read More
Company Earnings Update | July 27, 2016 Register for Free Access Whole Foods Market (WFM) 3Q16 Results: Mostly In-Line Quarter; Comparable Store Sales StrugglingWhole Foods Market reported fiscal 3Q16 revenues of $3.7 billion, up 2% year over year and roughly in line with the consensus estimate. Adjusted EPS was $0.37, in line with consensus and representing a 14% decrease from EPS of $0.43 in the year-ago quarter. Read More
Company Earnings Update | July 21, 2016 Register for Free Access Unilever (LSE: ULVR) 1H16 RESULTS: SALES BEAT ESTIMATES DESPITE VOLATILE MARKET CONDITIONSUnilever reported 1H16 revenues of €26.3 billion, down 2.6% year over year and slightly above the consensus estimate of €25.9 billion. The decline was primarily driven by a negative currency impact of 7.6%, which offset sales growth of 4.7%. Read More
Event Presentation | July 15, 2016 Premium Meeting Tech Talk (ICSC NARTF)• Affluent Consumers are expected to take a greater hit • Younger Consumers without mortgage or stock market exposure are less affected • Middle-Aged & Retired Consumers are the most cautious and anxious group, with the most exposure to the consumer finance metrics Read More
Event Presentation | July 13, 2016 Premium Lunch & Learn• Fung Global Retail & Technology advises retailers, real estate developers, tech companies, and others on projects situated at the intersection of retail, tech and/or fashion. • Our team offers a robust knowledge bank and deep-rooted experience across the retail, fashion, and tech industries. We are involved in many areas of the business, which allows us to offer a unique perspective on the future and where the sector is heading. Read More
Company Earnings Update | June 16, 2016 Register for Free Access Kroger 1Q16 Results: Beats on Earnings on Strong Margins; Reaffirms Full-Year GuidanceKroger reported 1Q16 EPS of $0.70 versus the consensus estimate of $0.69. Read More
Event Presentation | June 9, 2016 Premium Future of Retail: Is It Coming Apart at the Seams? (RMS)• Over the next 5 years US consumer spending is forecasted to grow by 22%; non-essential categories, including vacations and dining out, will see the fastest growth, about 27% (Mintel) • More than 3 in 4 millennials would choose to spend money on a desirable experience • Experiences are what people use to define themselves across social channels Read More
Company Earnings Update | May 18, 2016 Register for Free Access Target (TGT) 1Q16 Results: Company Provides Softer 2Q OutlookTarget reported adjusted 1Q16 EPS of $1.29 versus the consensus estimate of $1.19. Read More
