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
Analyst Corner | March 30, 2018 Register for Free Access Weinswig’s Weekly March 30, 2018This week’s note “From the Desk of Deborah Weinswig” discusses what makes shopping unique in China and how Chinese shoppers’ habits differs from those of their Western counterparts. 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 Restoration Hardware (RH) 4Q17 Results: Beats EPS Estimate, Guides Up for FY18Restoration Hardware reported 4Q17 adjusted revenues of $669.7 million, up 13.5% year over year but below the $672.4 million consensus estimate. Adjusted EPS was $1.69, above the $1.56 consensus estimate and up from $0.68 in the year-ago quarter. 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
Insight Report | March 28, 2018 Premium Easter Spending Forecast to Hit $18.2 Billion This Year, the Second-Highest Total in NRF Survey HistoryAccording to an annual spending survey from the National Retail Federation (NRF) and Prosper Insights & Analytics, 81% of Americans plan to celebrate Easter this year and to spend a total of $18.2 billion on items related to the holiday, down slightly from last year’s record total of $18.4 billion. Read More
Insight Report | March 28, 2018 Premium Digital Red Packets: WeChat’s Successful Foray into Mobile PaymentSending and giving red packets, or red envelopes, containing cash is a long-held Chinese tradition at Lunar New Year. Leveraging on this, WeChat, China’s most-used messaging app, introduced a function to send digital red packets back in 2014. 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 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
Insight Report | March 26, 2018 Premium Next (LSE: NXT) FY18: In-Line Results, but Store Comp Decline of Almost 10% Weighs on ProfitsA near-10% decline in store-based comparable sales weighed on Next’s profits in FY18, ended January 2018. 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