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.
June 11, 2018 Market Navigators/Market Outlook Premium The Inclusive Clothing Market Represents a Significant, Largely Untapped OpportunityThe inclusive clothing and accessories market, which encompasses adaptive, smart and stress-free clothing designs as well as plus sizes and extended sizes, is underserved in retail. In this report, we focus on the adaptive clothing market opportunity and discuss some of the startups, retailers and designers that are working to meet the clothing needs of people with various disabilities and conditions. A future report will take a deep dive into inclusive design and the plus-size market opportunity.
June 7, 2018 Insight Report Premium JD.com’s 6.18 Shopping Festival: More than Just DiscountsJD com first launched its annual 6.18 Shopping Festival in 2010. JD.com’s 6.18 event runs for 18 days beginning on June 1 through to June 18,as compared to rival Alibaba’s popular Singles’ Day held on November 11.
June 7, 2018 Company Earnings Update Register for Free Access Five Below (FIVE) 1Q18 Results: Another Strong Quarter, Supported by Store Openings and Solid Comp GrowthIn 1Q18, Five Below reported a 27.2% increase in net sales year over year and a 3.2% increase in comparable sales. The leveraging of operating costs yielded a 93.3% jump in operating profit.
June 6, 2018 Company Earnings Update Register for Free Access Hudson’s Bay Company (HBC) 1Q18 Results: Weak Comps Continue, Company Agrees to Sell Gilt and Close 10 Lord & Taylor StoresHudson’s Bay Company (HBC) reported 1Q18 adjusted EPS of C$(1.22), down from C$(1.15) in the year-ago period and below the C$(0.76) consensus estimate. Revenues were C$3.09 billion, up C$30 million, or 1.0%, from the year-ago quarter.
June 6, 2018 Insight Report Premium Zalando (XTRA: ZAL) 2018 Capital Markets Day: Doubling Sales—Margins Can WaitCoresight Research attended Zalando’s Capital Markets Day 2018 in Berlin, Germany, on June 5. Our top takeaways from the meeting include:
