February 21, 2018 Company Earnings Update Register for Free Access Walmart (WMT) Fiscal 4Q18 Results: Solid Quarter, Outlook Slightly Below ConsensusWalmart reported fiscal 4Q18 adjusted EPS of $1.33, up from $1.30 in the year-ago quarter and missing the $1.37 consensus estimate. Total revenues were $136.3 billion, up 4.1% year over year and ahead of the consensus estimate of $134.9 billion.
February 20, 2018 Insight Report Premium Dynamic Pricing: Hard to Compete with AI on PricingDynamic pricing—also referred to as real-time or demand pricing—is an approach used by retailers to set flexible prices for products based on current market demand. In other words, to formulate optimal prices to maximize sales and margins. Advancements in digital technology are enabling retailers’ dynamic pricing strategies to become increasingly accurate and effective.
February 16, 2018 Store Tracker Databank Members Weekly Store Openings and Closures Tracker 2018, Week 7: Land of Nod Closes All of Its StoresCoresight Research tracks store openings and closures for a select group of retailers in the US and the UK.
February 15, 2018 Deep Dive Premium Amazon Apparel – US Survey Reveals What Shoppers Buy, Which Retailers They Have Switched from and Their Attitudes Toward Amazon as a Fashion RetailerOur survey of US shoppers has uncovered a wealth of findings on Amazon Fashion including Amazon Prime purchases, competition with Target, private label offerings, demographics and shopper satisfaction.
February 15, 2018 Event Coverage Register for Free Access MAGIC Las Vegas 2018: Key Takeaways from Day TwoThis week, the Coresight Research team is attending MAGIC Las Vegas 2018, one of fashion’s most comprehensive trade shows covering men’s, women’s and children’s apparel, accessories and footwear. Here, we share five key takeaways from day two of the event.
February 14, 2018 Insight Report Premium US Retailers Ready to Cater to Chinese New Year Shoppers with Mobile PaymentsMany Chinese tourists are currently preparing to travel overseas during the Lunar New Year celebration, which begins on February 16 and runs through March 2 this year.In the US, hundreds of thousands of retailers and service providers are ready to cater to these tourists by offering them the mobile-wallet payment options they prefer, such as Alipay.
February 14, 2018 Company Earnings Update Register for Free Access Under Armour (UAA) 4Q17 Results: EPS in Line with Expectations, Company Announces Further Restructuring PlansUnder Armour reported 4Q17 adjusted EPS of $0.00, in line with the consensus estimate. Total revenues were $1.37 billion, beating the $1.31 billion consensus estimate and up 4.6% year over year.
February 12, 2018 Insight Report Premium Retail Reworked – Part 3: The Future of Physical Stores – Four Areas of OpportunityThis report concludes our three-part Retail Reworked series, which considers changes in spending trends and consumer demand. As e-commerce skims off ever more purchases—particularly those that are planned, functional in nature or of higher-value products—physical stores can benefit by focusing on one or more of the following propositions:
February 12, 2018 Company Earnings Update Register for Free Access L’Oréal (ENXTPA: OR) FY17 and 4Q17 Results: Chinese Demand for L’Oréal Luxe Products Supports Solid Comp GrowthL’Oréal reported FY17 net sales of €26,024 million, up 0.7% year over year but below the consensus estimate of €26,153 million. Comparable sales were up 4.8% at constant exchange rates.
February 12, 2018 Company Earnings Update Register for Free Access Hanesbrands (HBI) 4Q17 Results: EPS in Line, EPS Guidance Below ConsensusHanes Brands reported 4Q17 adjusted EPS of $0.52, down 1.5% from $0.53 in the year-ago quarter and in line with the consensus estimate. Revenues were $1.65 billion, up 4.4% year over year and roughly in line with the $1.63 billion consensus estimate.
February 9, 2018 Store Tracker Databank Members Weekly Store Openings and Closures Tracker 2018, Week 6: Bon-Ton Files for BankruptcyFGRT tracks store openings and closures for a select group of retailers in the US and the UK.
February 9, 2018 Company Earnings Update Register for Free Access Michael Kors (KORS) Fiscal 3Q18 Results: Beats on Top and Bottom Lines and Comps; Raises Guidance for Jimmy Choo AcquisitionMichael Kors reported adjusted fiscal 3Q18 EPS of $1.77, up 7.6% from $1.64 in the year-ago quarter and handily beating the $1.29 consensus estimate. Revenues were $1.44 billion, up 6.5% year over year and ahead of the $1.38 billion consensus estimate.
February 8, 2018 Flash Report Register for Free Access Walmart’s Store No 8 Acquires Virtual Reality Startup SpatialandWalmart’s technology incubator, Store No 8, has acquired virtual reality (VR) startup Spatialand.The financial terms of the deal were not disclosed.
February 8, 2018 Flash Report Register for Free Access Macy’s Launches Modest Fashion Line Verona CollectionMacy’s announced the launch of a modest clothing brand called Verona Collection.
February 8, 2018 Flash Report Register for Free Access Big Lots Names Stephen M. Haffer as Chief Customer OfficerOn February 5, Big Lots announced the appointment of Stephen M. Haffer as Senior Vice President, Chief Customer Officer.