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.
Wm Morrison Supermarkets PLC (Morrisons) is a UK-based grocery retailer that operates a supermarket chain and website under the Morrisons brand name.
Casino Group reported FY18 net sales of €36.6 billion, up 4.7% year over year at constant currency (down 2.4% year over year as reported), and largely in line with the consensus estimate of €36.69 billion recorded by StreetAccount.
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.
This week’s note “From the Desk of Deborah Weinswig” discusses how blockchain technology could democratize operations and promote cooperation in retail.
Morrisons reported FY19 results with both top-line and EPS slightly missing the consensus but otherwise showing strong growth.
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.
Total retail sales excluding fuel and automobiles increased 3.7% year over year in January, growing substantially from the revised 0.1% year-over-year decline reported for December.
Kroger reported a 1.8% increase in same-store sales in 4Q18, up from 1.6% in the prior quarter and in line with consensus. Total reported sales declined due to the divestiture of its convenience store business.
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.
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.
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.
Amazon is reportedly planning to expand its presence in the U.S. grocery market through building new stores to be operated under a banner other than its acquired Whole Foods Markets and with a more typical product offering. Amazon is also considering the acquisition of several region chains. At the same time, the company is expanding its fleet of Whole Foods Market and Amazon Go stores.
Koninklijke Ahold Delhaize NV is a food and general-merchandise retailer based in Zaandam, Netherlands, that operates stores located primarily in the US and Europe. The company was formed from a July 2016 merger between Ahold and Delhaize Group. The company’s banners include Food Lion, Giant Martin’s, Giant Food, Hannaford, Peapod, Stop & Shop, Delhaize, Albert Heijn, Bol.com, Etos, Alfa-Beta, ENA and Tempo.
Each of our Sector Overview reports provides an essential briefing on a sector or market. This report focuses on e-commerce.
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.
