Flash Report | January 24, 2018 Register for Free Access “Carrefour 2022”: Retailer Announces Redundancies and Digital Transformation in Strategic RevampCarrefour has unveiled its new strategy to 2022, which is broadly based on four goals: Read More
Event Presentation | January 18, 2018 Premium How AI Is Powering Retail Growth (NRF)• AI is human-like or intelligent behavior exhibited by computers and machines. • It is enabled by a computer program or set of programs that help machines make autonomous decisions through cognitive functions similar to those typically exhibited by human beings, such as learning, decision making and problem solving. Read More
Event Coverage | January 18, 2018 Register for Free Access NRF 2018 Retail’s Big Show: Takeaways from Day ThreeThe FGRT team attended NRF 2018 Retail’s Big Show in New York City this week. With more than 35,000 attendees from 95 countries, including 18,000 retailers and more than 600 exhibitors, the trade show is one of the biggest in the retail industry. Below are our key takeaways from the third and final day of the event. Read More
Company Earnings Update | January 18, 2018 Register for Free Access Zalando (XTRA:ZAL) 4Q17 and FY17 Update: Revenue and EBIT Grow in Line with ExpectationsZalando reported preliminary results showing year-over-year revenue growth of 21.2%–23.2% in 4Q17. Read More
Company Earnings Update | January 18, 2018 Register for Free Access Groupe Casino (EPA: CO) 4Q and FY17 Trading Update: LatAm Drives Full-Year Growth Yet Again, Soft Performance in FranceGroupe Casino reported FY17 sales growth of 5.0% to €37,822 million. Organic sales growth was 3.2% and comparable sales growth was 2.4%. Read More
Company Earnings Update | January 18, 2018 Register for Free Access Carrefour (ENXTPA: CA) 4Q17 and FY17 Update: FY17 Sales Impacted by a Slowdown in Food Sales GrowthCarrefour reported 4Q17 sales including sales tax of €23,328 million. Comparable sales grew by 1.9% excluding fuel and calendar effects, an improvement over the previous quarter that was due to stronger momentum in France. Read More
Insight Report | January 17, 2018 Premium Amazon UK Slips Down the Customer Satisfaction Rankings: Could We See a Similar Shift in the US?In 2017, OC&C Strategy Consultants reported that Amazon had lost its long-held first place in its annual ranking of the UK’s favorite retailers. Amazon UK fell sharply in last year’s survey, to fourth place. Read More
Event Coverage | January 15, 2018 Register for Free Access NRF 2018 Retail’s Big Show: Takeaways from Day OneThe FGRT team is attending NRF 2018 Retail’s Big Show in New York City this week. With more than 35,000 attendees from 95 countries, including 18,000 retailers and more than 600 exhibitors, the trade show is one of the biggest in the retail industry. Below are our key takeaways from the first day of the event. Read More
Store Tracker | January 12, 2018 Databank Members Weekly Store Openings and Closures Tracker 2018, Week 2: Walmart to Close 63 Sam’s Club Stores; RadioShack Exits BankruptcyYear-to-date 2018, the number of US store closure announcements stands at 2,781 and the number of store openings is 1,278. Read More
Company Earnings Update | January 12, 2018 Register for Free Access TESCO (LSE: TSCO) 3Q18 and Christmas Update: Hypermarket Recovery and Growth in Food Drive Solid CompTesco reported UK comparable sales growth of 2.3% in 3Q18, slightly below consensus expectations but up from 2.1% in the prior quarter. Read More
Company Earnings Update | January 12, 2018 Register for Free Access Marks & Spencer (LSE: MKS) 3Q18 Update: Clothing Returns to Deep Declines, Food UnderperformsMarks & Spencer (M&S) reported weak comparable sales growth in its core UK divisions in 3Q18. Read More
Company Earnings Update | January 12, 2018 Register for Free Access Boohoo Group (LSE: BOO) 3Q18 Trading Update: Doubles Revenue, Raises GuidanceBoohoo.com reported group revenue of £228.2 million in 3Q18 (the four months ended December 31, 2017), up 93% year over year at constant currency. Read More
Event Presentation | January 11, 2018 Premium New Retail Becoming a Reality (CES)• On June 16, Amazon announced its plan to acquire Whole Foods for $13.7 billion in cash. • Amazon closed the acquisition on August 28, and Amazon electronics were available in Whole Foods stores that same day. • Amazon reduced prices on some items by as much as 43% on the day of deal closing and again on November 15. Read More
Company Earnings Update | January 11, 2018 Register for Free Access Sainsbury’s (LSE: SBRY) 3Q18 Update: Modest Comp Growth Exceeds ExpectationsUK grocery retailer Sainsbury’s reported comparable sales growth of 1.1% in 3Q18, ahead of the consensus estimate. This includes its general-merchandise banner Argos. Read More
Insight Report | January 10, 2018 Premium US 2017 Holiday Retail Recap: Season Exceeds ExpectationsIn this report, we take stock of the 2017 holiday season in the US, providing an overview of retail sales, category winners and returns. We also look at the drivers of this holiday season’s sales growth, including macroeconomic conditions, weather and a favorable calendar effect. Read More
