Research | Coresight Research

Weekly US and UK Store Openings and Closures Tracker 2019, Week 45: Dressbarn Announces Final Wind-Down

Coresight November 8, 2019

Our Weekly US and UK Store Openings and Closures Tracker reports on store closures, openings and bankruptcies. This week, there are highlights from Harrods in the UK and Dressbarn, Forever 21 and Kroger in the US. In the US, year-to-date announced closures have already exceeded the total we recorded for the full year 2018.

Store Tracker

Weekly US and UK Store Openings and Closures Tracker 2019, Week 44: US Store Closures Total Nears 9,000

Coresight November 1, 2019

Our Weekly US and UK Store Openings and Closures Tracker reports on store closures, openings and bankruptcies. This week, there are highlights from Amazon in the UK and Walgreens in the UK and US. In the US, year-to-date announced closures have already exceeded the total we recorded for the full year 2018.

Deep Dive

How Loyalty Programs Help Retailers To Retain Customers and Drive Growth

Coresight October 22, 2019

Well-designed loyalty programs offer retailers the opportunity to gain a larger share of wallet and increase customer retention. In this report, we examine best practices for implementing loyalty programs and how retailers can leverage consumer data to drive growth, as well as emerging trends in this field.

Store Tracker

Weekly US and UK Store Openings and Closures Tracker 2019, Week 42: Ross Stores Opens More Locations

Coresight October 18, 2019

In the US, year-to-date announced closures have already exceeded the total we recorded for the full year 2018. Coresight Research estimates announced US store closures could reach 12,000 by the end of 2019.

Insight Report

September 2019 US Same-Store Sales: Costco Experiences Slower Growth, but Beats Consensus Estimate

Coresight October 14, 2019

Costco’s global September same-store sales growth decelerated from August but beat the consensus estimate. Its e-commerce growth came in at 17.8% in September, lower than August’s 23.9% growth.

Company Earnings Update

Costco Wholesale (NASDAQ: COST) 4Q19 Results: Revenues and EPS Comfortably Beat Consensus

Coresight October 7, 2019

(To be completed by Editor) Costco Wholesale reported 4Q19 revenues of $47.50 billion, up by 7.0% and comfortably above the consensus estimate of $37.33 billion. EPS was $2.47, up 4.9% compared to the year-ago quarter and easily beating the $1.71 consensus estimate.

Deep Dive

2Q19 US Earnings Season Wrap-Up

Coresight October 2, 2019

This report reviews the most recent quarterly earnings for (mostly) US-based companies in the Coresight 100, our focus list of retailers, brand owners and real estate firms.

Store Tracker

Weekly US and UK Store Openings and Closures Tracker 2019, Week 39: Madison Reed To Expand to Hundreds of Locations

Coresight September 27, 2019

Store Tracker

Weekly US and UK Store Openings and Closures Tracker 2019, Week 38: Casey’s to Open More Stores

Coresight September 20, 2019

Company Profile

BJ’s Wholesale Club (NYSE: BJ)

Coresight September 12, 2019

BJ’s Wholesale Club Holdings Inc. (BJ’s), founded in 1984, is a membership-only warehouse club chain that operates on the east coast of the US. The company ranks third among warehouse clubs in total revenues, after Costco and Sam’s Club. BJ’s seeks to sell groceries at prices lower than traditional supermarkets. Its primary offerings include perishables, edible grocery, general merchandise and non-edible grocery. The company was acquired by private equity investors in 2011 and completed an initial public offering on June 27, 2018. BJ’s is headquartered in Westborough, Massachusetts.

Insight Report

August 2019 US Same-Store Sales: Costco Comps Beat Expectations

Coresight September 9, 2019

Costco’s global same-store sales growth slowed marginally from July but came in substantially ahead of the consensus estimate. The company’s online growth accelerated to 23.9% in August, from July’s 21.3%.

Insight Report

Costco’s First China Store: A First Look and a Look Ahead

Coresight September 5, 2019

On August 27, Costco opened its first store in China. First-day traffic was so heavy the store was forced to close early due to overcrowding. The Coresight Research team was there for the opening day and made a return visit on August 29.

Deep Dive

Have Warehouse Clubs Embraced E-Commerce?

Coresight August 29, 2019

In this report, we analyze how warehouse clubs have recently sought to compete with online-only retailers and omnichannel rivals.

Flash Report

Shoppers Flock to Costco’s First China Store, Forcing It to Close Early

Coresight August 28, 2019

Costco gained heavy traffic and customer flows: lines were formed before opening; consumers had to wait three hours for parking; average check-out time was about two hours.

Store Tracker

Reviewing Year-to-Date US Store Closures and Openings

Coresight August 15, 2019

In this report, we review year-to-date announced store closures and openings in the US, by sector.