July 11, 2018 Insight Report Premium China Tech Briefings: Ling Shou Tong—Alibaba Leverages Independent Convenience Stores to Gain a Competitive Advantage in New RetailLing Shou Tong is a partnership program between Internet giant Alibaba, the owner of Tmall, and independent, family-run convenience stores (c-stores) in China. It aims to modernize c-stores by enabling them to incorporate technology for analytics and operational improvement.
July 9, 2018 Flash Report Register for Free Access Amazon to Acquire PillPack for a Reported $1 Billion, Bolstering Pharmacy AmbitionsAmazon has entered into an agreement to acquire US-based online pharmacy PillPack. The transaction is subject to regulatory approvals and is expected to close in the second half of 2018.
July 6, 2018 Store Tracker Databank Members Weekly Store Openings and Closures Tracker 2018, Week 27: Macy’s Plans 55 New Bluemercury StoresYear-to-date 2018, the number of US store closure announcements stands at 4,146 and the number of store openings is 2,042. Year to date in the UK, there have been 956 store closure announcements and 625 store opening announcements.
July 6, 2018 Company Earnings Update Register for Free Access Primark (LSE: ABF) 9M18 Trading Update: Improved Comparable Sales Driven by Better Trading in the EurozoneAssociated British Foods (ABF) reported its 9M18 trading statement for the 40 weeks ended June 23, 2018. This report focuses on Primark, the company’s retail division.
July 5, 2018 Insight Report Premium Quick Take: Technology Platforms’ Status as “Digital Gatekeepers” Set to Fuel Further Retail-Tech CollaborationsMore and more international retailers are collaborating with, or investing in, digital platform operators. We see these platform operators as “digital gatekeepers,” in that they hold the keys to growth for retailers in certain channels and markets.
July 5, 2018 Company Earnings Update Register for Free Access Sainsbury’s (LSE: SBRY) 1Q19 Sales Update: Very Weak Growth Confirms Under performance Versus PeersSainsbury’s reported very weak comp growth of just 0.2% in 1Q19.
June 25, 2018 Flash Report 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.
June 22, 2018 Company Earnings Update 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.
June 22, 2018 Event Coverage 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.
June 21, 2018 Deep Dive 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.
June 20, 2018 Deep Dive 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.
June 19, 2018 Insight Report 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.
June 18, 2018 Deep Dive Premium Slicing and Dicing Amazon’s Private-Label OfferingIn this report, we take an exclusive deep dive into Amazon’s US private-label offering, using a detailed, proprietary dataset collating information on nearly 7,000 such products.
June 18, 2018 Company Earnings Update Register for Free Access H&M (STO: HM-B) 2Q18 Sales Update: Growing Store Numbers Fail to Push Sales HigherH&M reported that total sales growth for 2Q18 was flat in constant-currency terms.
June 13, 2018 Company Earnings Update Register for Free Access Boohoo Group (LSE: BOO) 1Q19 UpdateBoohoo.com reported 1Q19 group revenue growth of 53.0% to £183.6 million in the three months ended May 31, 2018.
