Next reported 1H20 operating profit of £340.9 million, up 3% year over year and ahead of expectations of £330.9 million, driven by strong performance in its online business.
In this report, we explain the buy online, return in store (BORIS) model in detail and assess how some US retailers are using this service to enhance their omnichannel retailing.
In 3Q19, Ocado grew retail revenue 11.4% year over year, driven by a 12.1% rise in average orders per week.
Inditex reported 1H19 revenues of €12.8 billion, up 6.6%; EPS of €0.50, up 8.7%; and predicts its new sustainably made line will grow 110% for the year and by 2020 will represent 25% of all clothing sold by Inditex.
Amazon Go Was Originally Forecast to Comprise 156 Stores with Sales of $639 Million in 2020, According to Leaked Company Documents
Amazon documents from 2018 contain pertinent details about the company’s plans for its Amazon Go stores.
H&M reported 3Q19 net sales of SEK 62.6 billion, up 12% year over year, higher than the 11% recorded in 2Q19 and with revenues slightly ahead of the consensus estimate of SEK 62 billion recorded by StreetAccount.
RH (formerly Restoration Hardware Holdings Inc.) is a U.S. retailer specializing in home furnishings, headquartered in Corte Madera, California. The company offers a range of products in categories that include furniture, lighting, textiles, bathware, décor, outdoor and garden, tableware, and child and teen furnishings. RH operates in two reporting segments:RH Segment and Waterworks. The majority of its operations are in the U.S.; the company also has a presence in Canada and the U.K. As of Feb. 3, 2018, RH operated a total of 83 retail Galleries, including 16 Design Galleries, 47 Legacy Galleries, one RH Modern Gallery and four RH
Gap Investor Day 2019: Athleta Opening First Outlet Store; Activewear Fastest Growing Category at Old Navy
Old Navy and Athleta are expanding inclusive sizing. Athleta has grown at a 23% CAGR over the past 7 years and will open its first outlet store.
Tractor Supply Co., founded in 1938 and headquartered in Brentwood, Tennessee, is a U.S. rural lifestyle retailer that operates primarily in towns outside major metropolitan areas.
Big Lots Inc. is a US-based discount retailer headquartered in Columbus, Ohio. The company offers products in various categories, including furniture, food, décor and more. The company was incorporated in 1986 and was previously known as Consolidated Stores Corporation until it adopted its current name in May 2001. The company runs its operations entirely in the US.
Dollar Tree is a US-based operator of discount variety stores headquartered in Chesapeake, Virginia. The company’s stores operate under the names of Dollar Tree, Family Dollar and Dollar Tree Canada but reports under two key business segments, Dollar Tree and Family Dollar. Dollar Tree completed the acquisition of Family Dollar Stores, Inc. on July 6, 2015, which at the time had over 8,200 stores. While Dollar Tree’s business model is based on offering products at $1,
Williams-Sonoma Inc. is a US-based multichannel specialty retailer of home and kitchenware products. Headquartered in San Francisco, California, the company operates stores in the US, including Puerto Rico; Canada; Australia; and the UK.
The Kroger Co. is the largest supermarket retailer in the US and the country’s second-biggest grocery retailer after Walmart Inc.
Morrisons 1H20 comparable sales were up 0.2% year over year: Retail contributed (1.1)% to group comps while wholesale contributed 1.3%.
Hudson’s Bay Company (TSX: HBC) 2Q19 Results: Secures 25% Equity Stake in Le Tote Joint Venture, Cuts Store Portfolio 25%
HBC reported 2Q19 revenues of C$1.85 billion, down 0.5% year over year and below consensus. The company reported adjusted 2Q19 EBITDA of C$52 million, down 50.9% from the year-ago period.