Total US retail sales excluding gasoline and automobiles increased 4.7% year over year in August, versus the5.6% year-over-year rise in July.
The Kroger Co. is the largest supermarket retailer in the US and the country’s second-biggest grocery retailer after Walmart Inc.
Morrisons 1H20 comparable sales were up 0.2% year over year: Retail contributed (1.1)% to group comps while wholesale contributed 1.3%.
For 2Q19, Kroger reported same-store sales growth ex fuel of 2.2%, ahead of the consensus estimate of 1.8% and strengthening from 1.5% in the prior quarter.
On September 15-18, the grocery and CPG world will come together in Las Vegas for one of the most important industry events of the year: Groceryshop. The Coresight Research team will be attending the event – and Founder and CEO Deborah Weinswig will kick off a session in which 20 startups will present their retail technology solutions.
In this report, we analyze how warehouse clubs have recently sought to compete with online-only retailers and omnichannel rivals.
July was a solid month for UK retail overall, according to the ONS: Sales grew 3.7% versus 4.0% in June and slightly below the 4.1% average for the prior 12 months.
Walmart reported fiscal 2Q20 revenues of $130.38 billion, up 1.8% year over year and beating the $130.10 billion consensus estimate
In this report, we review year-to-date announced store closures and openings in the US, by sector.
Warehouse clubs currently have a lead over discount stores in the online grocery market with a substantial investment in e-commerce and omnichannel capabilities.
Costco’s global same-store sales growth marginally improved from June, but missed the consensus estimate. Its e-commerce growth accelerated to 21.3% in July, from June’s 15.7%.
Ahold Delhaize (ENXTAM: AD) 2Q19 Results: An In-Line Quarter but Operating Income Declines by Double Digits
Ahold Delhaize reported 2Q19 net sales and underlying operating income in line with expectations.
From 2010 to 2019, Target focused on store expansion, brand collaboration and new service offerings.
Fast retail is Coresight Research’s term for a new approach to retail featuring shorter leases, more shared spaces and more short-term stores. In this report, we profile the prevailing major fast retail formats in the US, ranging from pop-ups to marketplaces.
Weekly US and UK Store Openings and Closures Tracker 2019, Week 31: Tractor Supply Company Opens More Stores
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.