Store Tracker | June 29, 2018 Premium Weekly Store Openings and Closures Tracker 2018, Week 26: O Bag to Open 100 Stores in the USYear-to-date 2018, the number of US store closure announcements stands at 4,136 and the number of store openings is 1,985. Year to date in the UK, there have been 934 store closure announcements and 625 store opening announcements. Read More
Insight Report | June 28, 2018 Premium Independence Day Spending to Fall, as Fewer Americans Plan to Celebrate in 2018This year, 216 million Americans are planning to celebrate the July 4th holiday, down from 219 million last year, according to the National Retail Federation’s (NRF’s) annual Independence Day survey, which was conducted by Prosper Insights & Analytics. Read More
Insight Report | June 27, 2018 Premium May 2018 Monthly Consumer Update: US, UK and ChinaEach month, we round up key metrics reflecting consumer demand in the US, the UK and China. We focus on direct, leading indicators of the health of the consumer economy: wage growth, price changes and retail sales growth. Metrics for May include: Read More
Flash Report | June 25, 2018 Register for Free Access US Supreme Court Enables States to Collect Taxes on Online Sales Possibly Levelling the Playing Field in US RetailOn Thursday, June 21, the US Supreme Court ruled that American states have the right to collect taxes on e-commerce sales regardless of the physical location of the online retailer. The decision reversed a 1992 deliberation that granted a defacto tax break for pure-play retailers. Read More
Analyst Corner | June 22, 2018 Register for Free Access Weinswig’s Weekly June 22, 2018This week’s note “From the Desk of Deborah Weinswig” discusses Amazon’s relatively recent move into the plus-size women’s apparel market. Read More
Store Tracker | June 22, 2018 Premium Weekly Store Openings and Closures Tracker 2018, Week 25: Safeway to Close Two StoresYear-to-date 2018, the number of US store closure announcements stands at 4,136 and the number of store openings is 1,885. Year to date in the UK, there have been 895 store closure announcements and 622 store opening announcements. Read More
Company Earnings Update | June 22, 2018 Register for Free Access Kroger (KR) 1Q18 Results: Beats on EPS and Revenue, Raises OutlookKroger reported 1Q18 adjusted EPS of $0.73, up from $0.58 in the year-ago period and above the $0.63 consensus estimate. Revenues were $37.5 billion, up 3.4% year over year and above the $37.3 billion consensus estimate. Read More
Event Coverage | June 22, 2018 Register for Free Access CES Asia Part 2: Hearing about Ever-Smarter Smart-Home DevicesThe Coresight Research team attended Asia’s fastest-growing consumer technology event CES Asia 2018 in Shanghai. This year’s event attracted over 500 global exhibitors, more than 40,000 attendees and over 1,200 media. This is the second of two reports on our key takeaways from the event. Read More
Deep Dive | June 21, 2018 Premium The Decline of the UK Department Store – and Struggles in Germany, TooIn the UK, major midmarket department stores are undertaking store closure programs to address under performance—and Germany’s department-store market leader is seeing sales declines deepen, too. Read More
Event Coverage | June 20, 2018 Register for Free Access London Tech Week 2018: Profiling 13 Retail-Tech StartupsThe Coresight Research team attended London Tech Week 2018 held June 11–17.We attended two retail-tech startup pitches during the week: Tech London Advocates’ Retail Tech 50 at startup incubator Cocoon Networks and Project Kairos London’s Retail TechPitch at trade show TechXLR8. Here, we profile 13 of the retail-tech startups we met. Read More
Deep Dive | June 20, 2018 Premium Chinese Demand for Cross-Border E-Commerce Booms but Looming Tax Reforms are a Cloud on the HorizonChinese shoppers’ appetite for imported products continues to grow apace. We review the current state of the cross-border e-commerce market, note the factors supporting demand and look at forthcoming tax changes that will impact cross-border sales. Read More
Insight Report | June 19, 2018 Premium Case Study: Moroccanoil—Using Influencers, Exotic Appeal and Gift Packages to Grow Its China Cross-Border RevenueCoresight Research interviewed Moroccanoil CEO JuE Wong in May 2018 to learn about the company’s experience selling its oil-infused, natural beauty products to consumers in China. Moroccanoil is a $62.6 million company based in Los Angeles, California, that sells hair and skincare products such as shampoos, lotions, cleansing bars and conditioners. The company began selling in China in 2014. Wong, who joined the company in October 2017, shared insights and lessons for foreign businesses seeking to sell in China. Read More
Insight Report | June 19, 2018 Premium US-China Tariff Update: Dispute Escalates, but Imports of Consumer Goods to the US Remain UnaffectedThe US is imposing tariffs of 25% on hundreds of categories of goods imported from China. The tariffs are to take effect on July 6 on $34 billion worth of imports. The US tariffs focus on “industrially significant technologies” rather than on consumer goods. Read More
Insight Report | June 19, 2018 Premium May 2018 US Same-Store SalesSame-store sales for Costco saw an acceleration in May versus the same period last year. Cato, Buckle and L Brands all reported positive May comps, which also accelerated versus the same period last year. Read More
Event Coverage | June 19, 2018 Register for Free Access Coresight Research and Alvanon Cohost Trailblazers 2018 Event – One Size Does Not Fit All: Inclusive Design & the Modern ConsumerCoresight Research and Alvanon, a global apparel and product development consultancy, cohosted a Trailblazers event called One Size Does Not Fit All: Inclusive Design & the Modern Consumer on June 14 in New York City. Read More
