Research | Coresight Research

Weekly Store Openings and Closures Tracker 2019, Week 11: Charlotte Russe Closing 500 Stores; Burlington Plans 50 New Stores; AEO to Open 60-75 Stores

Coresight March 15, 2019

Year to date, US retailers have announced 5,279 store closures and 2,395 store openings. This compares to 5,726 closures and 3,243 openings for the full year 2018. Year to date, UK retailers have announced 310 store closures and 327 store openings.

Weinswig’s Weekly

WEINSWIG’S WEEKLY MARCH 15, 2019

Coresight March 15, 2019

This week’s note “From the Desk of Deborah Weinswig” discusses how blockchain technology could democratize operations and promote cooperation in retail.

Flash Reports

St Patrick’s Day Celebrations Look to be a Modest Event for Retailers, Despite Rising Numbers of US Celebrants

Coresight March 13, 2019

St. Patrick’s Day captures a lot of attention, but its retail impact is small compared to other holidays: Consumers plan to spend $40 on average for St. Patrick’s Day this year, less than a quarter their planned $162 Valentine’s Day spend.

Store Closure Reports

Weekly Store Openings and Closures Tracker 2019, Week 10: Dollar Tree Plans 550 New Stores; Foot Locker Closing 165 Stores; Peloton to Open 100 Stores

Coresight March 8, 2019

Coresight Research tracks store openings and closures for a select group of retailers in the US and the UK, as well as major US store bankruptcies.

Company Profiles

Carrefour (ENXTPA: CA)

Coresight March 5, 2019

Carrefour is a French multinational retailer of groceries and general merchandise that operates a network of hypermarkets, supermarkets, convenience stores, cash-and-carry outlets and e-commerce websites.

Company Profiles

Loblaw (TSX: L)

Coresight March 5, 2019

Loblaw Cos. Ltd. is a Canada-based retailer that operates under five divisions: Market, Drug, Discount, Financial and Joe Fresh. The Market division includes the grocery-focused store banners Loblaws, Provigo and Zehrs, and offers food, home and lifestyle products.

Weinswig’s Weekly

WEINSWIG’S WEEKLY March 1, 2019

Coresight March 1, 2019

This week’s note “From the Desk of Deborah Weinswig” discusses the adaptive clothing and footwear market, which represents a $47.3 billion opportunity in the US.

Store Closure Reports

Weekly Store Openings and Closures Tracker 2019, Week 9: Southeastern Grocers Set to Close 22 Stores

Coresight March 1, 2019

Year to date in 2019, US retailers have announced 4,309 store closures and 1,586 store openings. UK retailers have announced 285 store closures and 327 store openings.

Store Closure Reports

Weekly Store Openings and Closures Tracker 2019, Week 8: Payless Files for Bankruptcy, Set to Close 2,100 Stores

Coresight February 22, 2019

Year to date in 2019, U.S. retailers have announced 4,287 store closures and 1,586 store openings.

Weinswig’s Weekly

WEINSWIG’S WEEKLY FEBRUARY 22, 2019

Coresight February 22, 2019

Amazon was among the retailers to report a slower holiday quarter: The company’s North America sales growth slowed from 35.0% in the third quarter to 18.3% in the fourth quarter. These figures exclude Amazon’s high-growth Amazon Web Services (AWS) business and, so, should closely reflect its retail and marketplace revenues.

Insight Reports

US Monthly Retail Traffic and In-Store Metrics Report: Post-Holiday Fatigue and Inclement Weather Drive Underwhelming January Traffic

Coresight February 22, 2019

All regions posted sales and traffic declines in January compared to the same period last year. The Midwest registered the largest year-over-year decline in traffic of all regions at 17.5%, owing to severe weather conditions. With warmer and wetter conditions, the South experienced the lowest decline, at 5.8%. The Midwest also recorded the largest year-over-year in-store sales decline among all regions, down 16.8%, whereas the West, which enjoyed warmer and drier conditions, reported the smallest decline, down 1.4%.

Deep Dives

Sector Overview: Mass Merchants — Dollar Stores Expand, Mass Merchandisers Digitalize and Costco Widens Its Lead Among Warehouse Clubs

Coresight February 21, 2019

As store closures resume in earnest in 2019, dollar stores are bucking the trend, expanding rapidly. Look for technology to be a deciding factor in the coming years as brick and mortar companies integrate online and offline offerings.

Insight Reports

December 2018 US Retail Sales: Year-Over-Year Growth Slows to Just 1.0% as Most Sectors Experience a Sluggish December

Coresight February 18, 2019

Our measure of core retail sales is non-seasonally-adjusted sales excluding gasoline and automobiles. This metric increased by just 1.0% year over year in December, slowing dramatically from the growth in preceding months, including a 5.2% uplift in November. This resulted in total holiday-period sales coming in at $693 billion, up by just 2.9% year over year.

Weinswig’s Weekly

WEINSWIG’S WEEKLY FEBRUARY 15, 2019

Coresight February 15, 2019

Eight things you need to know about retail in China: Smartphones are key, cash is going away (seriously), shopping festivals are booming, smaller cities are spending – and more.

Store Closure Reports

Weekly Store Openings and Closures Tracker 2019, Week 7: Payless May Shut Most of its Stores

Coresight February 15, 2019

Year to date in 2019, U.S. retailers have announced 2,187 store closures and 1,503 store openings.

Weekly Store Openings and Closures Tracker 2019, Week 11: Charlotte Russe Closing 500 Stores; Burlington Plans 50 New Stores; AEO to Open 60-75 Stores

WEINSWIG’S WEEKLY MARCH 15, 2019

St Patrick’s Day Celebrations Look to be a Modest Event for Retailers, Despite Rising Numbers of US Celebrants

Weekly Store Openings and Closures Tracker 2019, Week 10: Dollar Tree Plans 550 New Stores; Foot Locker Closing 165 Stores; Peloton to Open 100 Stores

Carrefour (ENXTPA: CA)

Loblaw (TSX: L)

WEINSWIG’S WEEKLY March 1, 2019

Weekly Store Openings and Closures Tracker 2019, Week 9: Southeastern Grocers Set to Close 22 Stores

Weekly Store Openings and Closures Tracker 2019, Week 8: Payless Files for Bankruptcy, Set to Close 2,100 Stores

WEINSWIG’S WEEKLY FEBRUARY 22, 2019

US Monthly Retail Traffic and In-Store Metrics Report: Post-Holiday Fatigue and Inclement Weather Drive Underwhelming January Traffic

Sector Overview: Mass Merchants — Dollar Stores Expand, Mass Merchandisers Digitalize and Costco Widens Its Lead Among Warehouse Clubs

December 2018 US Retail Sales: Year-Over-Year Growth Slows to Just 1.0% as Most Sectors Experience a Sluggish December

WEINSWIG’S WEEKLY FEBRUARY 15, 2019

Weekly Store Openings and Closures Tracker 2019, Week 7: Payless May Shut Most of its Stores

20/20: A Forum for Change

Retail Leaders Circle