Analyst Corner | September 30, 2016 Register for Free Access Weekly Insights Sep 30, 2016This week’s note “From the Desk of Deborah Weinswig” discusses how inventory is the element of multi-channel retailing in which a “seamless” proposition is really important. Read More
Flash Report | September 30, 2016 Register for Free Access COSTCO (COST) 4Q16 Results: Costco Beats on EPSCostco reported fiscal 4Q16 EPS of $1.77, beating the consensus estimate of $1.73. Read More
Insight Report | September 29, 2016 Premium Sainsbury (LSE: SBRY) 2Q17 Results: Sales Decline Worsens, Comps Miss ConsensusThe UK’s second-largest grocery retailer, J. Sainsbury, reported 2Q17 comps down 1.1%, trailing the consensus of (0.8)%. Total sales were down 0.4%. Read More
Insight Report | September 29, 2016 Premium Pier 1 Imports (PIR) Adopts “PoisonPill” Measure to Discourage TakeoverPier 1 Imports, under scrutiny by an activist investor, announced late Tuesday that it would institute a shareholder protection plan designed to discourage any single shareholder from acquiring a stake of 10% or more in the company. Read More
Event Presentation | September 28, 2016 Premium In-store Technology as Retailtainment (Retail Tech Lounge)• Estimate of 63 million prime memberships (CIRP) Added 19m since last June • Most households do not hold multiple memberships About 46% of US households have just one member Costco has 44.6 million paid members and 81.3 million cardholders Read More
Flash Report | September 28, 2016 Register for Free Access Boohoo.com (LON: BOO) 1H17 RESULTS: VERY STRONG PERFORMANCE AND INCREASED GUIDANCEBritish online fashion retailer boohoo.com reported £127.3 million in revenues, in the 6 months ending August 31, 2016, beating the consensus estimate of £126.6 million and up 40.2% from £90.8 million in the 6 months to August 31, 2015. 1H17 constant-currency revenues increased 41% year over year. Read More
Insight Report | September 28, 2016 Premium Nike (NKE) 1Q17 Results: Beats on Revenue and EPS; Orders up 5%Nike reported fiscal 1Q17 adjusted EPS of $0.73, ahead of the $0.56 consensus estimate and up 9.0% year over year. Revenues were $9.1 billion, up 8.0% year over year and beating the consensus estimate of $8.9 billion. 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
Insight Report | September 26, 2016 Premium H&M (STO: HM-B) MONTHLY AND 3Q16 SALES UPDATE: GROWTH SLOWS TO 7% IN AUGUST DUE TO HOT WEATHERH&M reported total sales grew 7% year over year, in local currencies, in August 2016. Growth in July was 10%. Read More
Insight Report | September 26, 2016 Premium Finish Line (FINL) 2Q17 Results: Sales Beat, EPS in Line with ConsensusFinish Line reported adjusted 2Q17 EPS of $0.53, in line with the consensus estimate but down 7.0% year over year. Revenues were $509.4 million, up 5.4% year over year and above the consensus estimate of $494.8 million. Read More
Insight Report | September 25, 2016 Premium Weekly Retail Promo Update Sep 25, 2016Bloomingdale’s is offering fewer promotions this week than it did during the same week last year. The retailer offered up to two online-exclusive promotions last year that it is not offering this year. Read More
Analyst Corner | September 23, 2016 Register for Free Access Weekly Insights Sep 23, 2016This week’s note “From the Desk of Deborah Weinswig” discusses German hard discounter Lidl’s preparations to enter the US market and what shoppers should expect. Read More
Event Coverage | September 23, 2016 Register for Free Access Target Techstars Demo Day Sep 20, 2016The Fung Global Retail & Technology team attended the first Target + Techstars retail accelerator Demo Day at Orchestra Hall in Minneapolis on September 20, 2016. Read More
Insight Report | September 23, 2016 Premium Rite Aid (RAD) 2Q17 RESULTS: ACQUISITION ON TRACK TO CLOSE IN 2H16Rite Aid reported adjusted EPS of $0.03, beating the $0.02 consensus estimate and up from last year’s $0.02. Read More
Insight Report | September 23, 2016 Premium Nordstrom Announces President of Nordstrom.com and Strategic Shifts in Leadership ResponsibilitiesNordstrom has appointed former Executive Vice President of Strategy and Development, Ken Worzel, to the position of President of Nordstrom.com. Read More