Insight Report | March 21, 2019 Premium Insights from China: Alibaba Invests in STO Express, Accelerating the Logistics RaceThis week, we look at Alibaba’s recent investments in courier company STO Express and how the logistics race in China has stepped up. Read More
Insight Report | March 19, 2019 Premium 2019 Tax Tracker Week 6: Filings Catching Up but Still Down Year Over YearUS income tax refund tracker: Filings are still down year over year, and average refund amounts are up slightly. Consumers plan save their refunds, pay down debt, and fund everyday expenses. Read More
Flash Report | March 18, 2019 Register for Free Access Fung Retailing Group’s Circle K Showcases First AI Checkout Experience in Hong KongOn March 13, 2019, Fung Retailing Group’s convenience-store chain, Circle K, rolled out Hong Kong’s first AI-powered checkout solution using image recognition. Read More
Deep Dive | March 15, 2019 Premium Artificial Intelligence in Retail, Part 3: What Startups Are Doing with AIThis is the third report in a short series looking at artificial intelligence (AI) in retail. In this report, we explore what startups are doing with AI in the context of our proprietary CORE framework, which stands for Communication, Optimization of pricing, Rationalization of inventory and Experiential retail. Read More
Insight Report | March 15, 2019 Premium February 2019 US Same-Store Sales: Costco Comps Decelerate, Buckle and Cato Comparable Sales FallIn February, Costco’s same-store sales growth showed a sequential slowdown. The company posted accelerated growth in e-commerce comparable sales. Adverse weather conditions, holiday shift and forex currency fluctuations negatively impacted Costco’s performance. Read More
Company Earnings Update | March 15, 2019 Register for Free Access Ulta Beauty (NASDAQ: ULTA) 4Q18 Results: 14.4% Active Member Growth During FY18 Drives 9.4% Comp GrowthUlta Beauty reported adjusted EPS of $3.61 for 4Q18, excluding the benefit from tax reform related items in fiscal 2017, beating the consensus estimate of $3.50-3.55, and revenue of $2.12 billion, beating the consensus estimate of $2.11 billion. Read More
Company Earnings Update | March 15, 2019 Register for Free Access Pinduoduo (NASDAQ: PDD) 4Q18 Results: Strong Revenue Growth Thanks to Boost in Active Buyers and Average Annual SpendingPinduoduo recorded 4Q18 revenue of ¥5.7 billion, up 379.4% year over year while FY18 revenue was ¥13.1 billion, up 652% year over year. Operating expenses continued rising with operating margin worsening to a negative 46.7%. Read More
Store Tracker | March 15, 2019 Premium Weekly Store Openings and Closures Tracker 2019, Week 11: Charlotte Russe Closing 500 Stores; Burlington Plans 50 New Stores; AEO to Open 60-75 StoresYear to date, US retailers have announced 5,279 store closures and 2,395 store openings. This compares to 5,726 closures and 3,243 openings for the full year 2018. Year to date, UK retailers have announced 310 store closures and 327 store openings. Read More
Analyst Corner | March 15, 2019 Register for Free Access WEINSWIG’S WEEKLY MARCH 15, 2019This week’s note “From the Desk of Deborah Weinswig” discusses how blockchain technology could democratize operations and promote cooperation in retail. Read More
Flash Report | March 13, 2019 Register for Free Access St Patrick’s Day Celebrations Look to be a Modest Event for Retailers, Despite Rising Numbers of US CelebrantsSt. Patrick’s Day captures a lot of attention, but its retail impact is small compared to other holidays: Consumers plan to spend $40 on average for St. Patrick’s Day this year, less than a quarter their planned $162 Valentine’s Day spend. Read More
Company Earnings Update | March 12, 2019 Register for Free Access Costco Wholesale (NASDAQ: COST) Fiscal 2Q19 Results: Solid Quarter with Slightly Light Revenues and Blowout EPSCostco reported fiscal 2Q19 revenues of $35.40 billion, up 7.3% year over year and slightly below the $35.65 billion consensus estimate. EPS was $2.01, up 26.6% year over year and handily beating the $1.69 consensus estimate. Comps (excluding gasoline and other items) increased 6.7%, and e-commerce comps increased 25.5%. Read More
Market Outlook | March 5, 2019 Premium Sector Overview: Consumer Packaged Goods — Demand Is Strong, but Companies Must Be Agile to Meet Consumers’ NeedsEach of our Sector Overview reports provides an essential briefing on a sector or market. In this report, we review the global consumer packaged goods (CPG) market. Read More
Event Coverage | March 5, 2019 Register for Free Access Shoptalk 2019: Innovator Insights from Day 2 — VR and AR Bring “Real World” Shopping to E-Commerce; Computer Vision Enables Product Discovery; Localization Supports Offline-Online IntegrationThe Coresight Research is in Las Vegas this week, attending and participating in the Shoptalk 2019 conference, March 3-6. These are just a few of the innovative technologies we saw at the show. Read More
Deep Dive | March 5, 2019 Premium A Guide to Entering China for Foreign Brands and Retailers, Part 3: Breaking into the China Market — Optimizing Marketing and Promotional Strategies for Singles’ DayIn this is the third report in our series A Guide to Entering China for Foreign Brands and Retailers, we focus on how foreign brands can use Singles’ Day as a springboard to enter China, leveraging our proprietary data on brands’ sales performance on Singles’ Day 2018 on Tmall. Read More
