At midyear, we take stock of the major trends we identified in January to see how they have played out in global retail in the first half of 2019, and identify two new trends we think will be significant in later 2019 and into 2020.
Microsoft (NASDAQ: MSFT) 4Q19 Results: Beats Consensus Estimates, Strong Cloud Growth, 2020 Revenues to Be Up Double Digits
Microsoft reported fiscal 4Q19 results that beat consensus estimates. The Intelligent Cloud segment drove growth, with revenues up 19%. Fiscal 2020 revenues are expected to be up double digits.
SAP (XTRA: SAP) 2Q19 Results: Misses Consensus Estimates, Cloud Growth Remains Robust, Maintains Guidance
SAP’s Q2 missed consensus estimates, but cloud revenue grew 40% and guidance remains on track. The company lauded its Qualtrics customer experience management platform.
Known for its night markets and cultural products, Bangkok’s retail scene also boasts many innovative brands and retailers testing new concepts – and making space for local design talent.
This week’s note “From the Desk of Deborah Weinswig” looks at the growing importance of Internet of Things technology in retail.
IBM (NYSE: IBM) 2Q19 Earnings: Beats Consensus, Revenues Down for Fourth Consecutive Quarter, Will Update Guidance August 2
IBM’s 2Q19 met or beat consensus estimates, however revenues were down for the fifth consecutive quarter. The company plans to update guidance for the Red Hat acquisition on August 2.
Amazon Prime Day 2019 surpassed Black Friday and Cyber Monday combined, this year featuring a variety of innovative tools to engage customers through experiences and via multiple channels.
Multiyear transformation plan on track with Tisci at design helm, store refreshes and rationalization underway. Comps up 4%.
Machine learning generates insights from data to help retailers make better decisions and predictions and improve operations including inventory management and last-mile delivery.
This year, Amazon ran its annual shopping event over two days, July 15 and 16. Amazon also offered customers a how-to guide on the home page to help first-time users become Prime members, navigate deals and discover new product launches.
Coresight Research's global team will have live coverage of Amazon Prime Day 2019, from Asia, Europe and the US throughout the event. Coresight Research estimates Amazon could generate approximately $5.8 billion in global product sales on Prime Day 2019, up by around half from our $3.9 billion estimate for 2018.
The Internet of Things improves retail operations and shopping experiences and is likely to play an increasingly important role in retail as the technology improves and becomes more efficient.
Dubai is the most populous city in the United Arab Emirates, and the largest in terms of total area. Home to the world’s tallest structure, the 2,716.5-foot (828-meter) high Burj Khalifa, Dubai is known for its extravagance and luxury. It is the shopping capital of the Middle East, with enormous malls, with more than 1,200 stores.
This week’s note “From the Desk of Deborah Weinswig” looks at the opportunities for Grocery Outlet in the US.
3D design technology helps retailers better meet fast-changing consumer demand, while also improving product quality and cutting costs. The technology is already helping many companies in fashion and furniture create new product designs more quickly and with higher precision.