Moscow is considered a tourist destination with sites such as The Moscow Kremlin, Red Square, St. Basil’s Cathedral and Bolshoi Theatre. The city is an attractive market for retailers due to its large population.
On October 16 at the China Retail 2019 event, Coresight Research attended a research-sharing session, which focused on the latest retail trends and consumer shopping behaviors in China. We summarize the key insights from the session.
Latin America propelled Casino Group’s third-quarter sales, as French same-store sales proved broadly flat.
Total UK retail sales increased 3.6% year over year in September, broadly in line with the 3.8% average in the prior 12 months and up from 2.8% in August.
This week's note "From the Desk of Deborah Weinswig" looks at how three electronics retailers have thrived in the online shopping age, and the lessons they offer to retailers in other sectors.
US store traffic and average transaction value fell in September while the conversion rate climbed, with wide regional variations.
The Emerging Technology Spotlight was held at Groceryshop 2019 on September 15. It featured 19 innovative, early-stage technology companies that have developed e-commerce and in-store solutions for grocery, food and CPG retailers. We offer an in-depth profile of each participating innovator.
On October 15, 2019, Amazon announced via a blog post that it had finished migrating its internal consumer databases from Oracle database software to Amazon Web Services (AWS).
Weekly US and UK Store Openings and Closures Tracker 2019, Week 42: Ross Stores Opens More Locations
In the US, year-to-date announced closures have already exceeded the total we recorded for the full year 2018. Coresight Research estimates announced US store closures could reach 12,000 by the end of 2019.
Consumers are placing higher importance on sustainability to live eco-friendlier lives, and companies from the retail, consumer packaged goods and apparel industries are adopting sustainable practices in response. As consumers continue to place an emphasis on purchasing products from companies that “go green”, sustainability can be a competitive differentiator.
IBM (NYSE: IBM) 3Q19 Results: Remains on Track to Meet 2019 Guidance with Strength in Cloud, Red Hat and Consulting
IBM reported mixed 3Q19 results, with growth driven by cloud, Red Hat and consulting. The company reiterated its updated 2019 EPS guidance, which had been adjusted for the Red Hat acquisition.
ASOS FY19 profits plummet, management notes it had “underestimated the impacts of large-scale operational change…on two continents simultaneously” and that the company was “not adequately prepared for the additional complexities of planning and trading across our expanded warehouse footprint.”
The use of data analytics is powering digital transformation in retail, from supply chain and in-store inventory management to customer service and engagement. In this report, we offer key insights into the growing adoption of analytics by the retail sector.
In the two-plus years since its $13.7 billion acquisition of Whole Foods Market, Amazon has gained valuable insight into consumer behavior and physical retail. The e-commerce giant is now taking action to increase its presence in the grocery sector.
From 2017 to 2019, Macy’s undertook meaningful steps to reinvent its business. We examine key events from the company’s recent history as part of our Retailers’ Timelines series.