January 15, 2018 Event Coverage 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.
January 12, 2018 Store Tracker 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.
January 12, 2018 Company Earnings Update 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.
January 12, 2018 Company Earnings Update 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.
January 12, 2018 Company Earnings Update 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.
January 11, 2018 Event Presentation 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.
January 11, 2018 Company Earnings Update 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.
January 10, 2018 Insight Report 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.
January 10, 2018 Company Earnings Update Register for Free Access Morrisons (LSE: MRW) Christmas Trading Update: Strong Sales Growth Beats ExpectationsUK grocery retailer Morrisons reported comparable sales growth of 2.8% and retail comps of 2.1% in the weeks ended January 7.
January 5, 2018 Store Tracker Databank Members Weekly Store Openings and Closures Tracker 2018, Week 1: A Review of 2017’s Record US Closures; Sears to Close Over 100 More Stores; Macy’s to Close 11 StoresFGRT tracks store openings and closures for a select group of retailers in the US and the UK. This week, we review US store openings and closures for 2017 and look at what has happened so far in 2018.
January 4, 2018 Event Presentation Premium 2017 Holiday Wrapup (Planalytics)US 2017 Holiday Wrap-up season:- Holiday Wrap-Up: Season Exceeded Expectations Due to a Holiday Surge 2. Consumers Wait for the Best Deals, Which Drives a Last-Minute Rush in Sales 3. Favorable Holiday Calendar: A Full Weekend Before Christmas 4. Holiday 2017 Weather Was an Easy Comparison Versus 2016……
January 4, 2018 Company Earnings Update Register for Free Access Next (LON: NXT) Holiday Trading Update: Stronger than Expected, but Weak Store-Based Sales Trends ContinueBritish fashion retailer Next reported that total full-price sales growth strengthened to 1.5% during the holiday trading period ended December 24. This compared to company guidance for a full-price sales decline of 0.3%.
January 2, 2018 Insight Report Premium A Pure Play’s Perspective on the Online Beauty Retail Market: Interview with Feelunique CEO Joël PalixWe interviewed Joël Palix, CEO of leading beauty pure playretailer Feelunique, to get his perspective on the online beauty market. He shared a number of insights with us, including:
December 22, 2017 Company Earnings Update Register for Free Access Nike (NKE) Fiscal 2Q18 Results: Beats Consensus Estimates and Maintains GuidanceNike reported 2Q18 adjusted EPS of $0.46, beating the consensus estimate of $0.40. Revenues increased by 5% year over year to $8,554 million from $8,180 million in the year-ago period, beating the consensus estimate of $8,390 million.
December 20, 2017 Event Presentation Premium 2017 in Review (Celect)2017 In Review:- Introduction to Celect & FGRT Major Retail Trends 5 Shocking Moments of 2017 2018– The Breakout Year for AI?