Coresight Research helps retail clients accelerate innovation and growth. We focus on disruption at the intersection of retail and technology – and help you understand what it means for your business. Coresight Research has a global presence spanning the US, Europe and Asia, including deep expertise in the China market.
Store closures continued this week, with Charming Charlie announcing it will close all 261 of its stores as its core business is squeezed by increasing competition that is erasing its raison d’etre.
New Retail is blurring the online and offline commerce in China. We review recent developments in New Retail in eight retail and consumer sectors: e-commerce; consumer electronics; fashion; fast-moving consumer goods and supermarkets; cosmetics and beauty; furniture and home improvement; department stores; and, local services.
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.
Coresight Research tracks news about store closures, openings and bankruptcies. Our Weekly US and UK Store Openings and Closures Tracker focuses on department stores and specialty retail stores, including, but not limited to, those selling softlines, hardlines, consumer electronics, groceries and furniture.
This report reviews the most recent quarterly earnings for (mostly) US-based companies in the Coresight 100, our focus list of retailers, brand owners and real estate firms.
On June 17-18, the Coresight Research team attended the PI Apparel New York conference. The event brought together retail industry disrupters to discuss retail challenges and coming technologies that can solve many of them.
The BRI is an ambitious initiative to transform the trade landscape from China to Europe via Asia and Africa. We see progress in terms of policy coordination, facility connectivity, trade and financial integration. However, there are also political and financial concerns.
Luxury in 2019 is capturing young consumers with beauty, wellness and exclusivity in the form of “drops,” creating a sense of exclusivity while remaining inclusive.
Unicharm reported 1Q19 net sales of ¥168.6 billion, ahead of the consensus estimate of ¥168.5 billion and up 4.8% from 1Q18. Asia (ex Japan) was a key driver of top-line growth
E-commerce has served as a growth impetus for CPG, enabling a more direct connection between brands and customers and giving brand owners greater control over the supply chain.
Clorox reported net sales of $1.55 billion for the three months ended March 31, 2019, up 2.2% year over year, missing the consensus estimate of $1.57 billion. The increase in net sales was driven by the acquisition of Nutranext, a dietary supplements company, in April 2018.
Colgate-Palmolive reported net sales of $3.9 billion for the three months ended March 31, 2019. The Hill’s Pet Nutrition segment saw strong organic sales growth, whereas for oral, personal and home care, Africa/Eurasia saw organic sales growth and Asia Pacific showed organic sales decline.
P&G reported net sales of $16.5 billion for the third quarter of fiscal 2019, an increase of 1.1% year over year. Organic sales (which exclude the impact of currency changes, acquisitions and divestitures) were up 5% versus last year.
Kimberly-Clark reported net sales of $4.6 billion for first quarter of 2019, a decrease of 2.1% compared to same period last year. Organic sales were up 3% versus last year.
Summary of the presentation given by Deborah Weinswig, CEO and Founder of Coresight Research, at the Shoptalk conference on March 3, 2019, focusing on nine things people can learn from China and India.
