Store Tracker | October 25, 2019 Databank Members Weekly US and UK Store Openings and Closures Tracker 2019, Week 43: Destination Maternity Files for Chapter 11 Bankruptcy ProtectionIn 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. Read More
Analyst Corner | October 25, 2019 Register for Free Access Weinswig’s Weekly Oct 25 2019This week’s note “From the Desk of Deborah Weinswig” looks at how loyalty programs not only boost shopper engagement – but also drive greater spend. Read More
Insight Report | October 25, 2019 Premium 30 Global Retail Cities: DetroitDetroit became the first US city to be named a UNESCO “City of Design” in 2015. Read More
Insight Report | October 24, 2019 Premium Key Festivals and Holidays for Promotional Campaigns in India in 2020: CalendarIndia sees a number of festivals and holidays that retailers and brands can tap with marketing and promotional campaigns. Use our 2020 calendar to plan your marketing and sales strategies for the India market. Read More
Company Earnings Update | October 24, 2019 Register for Free Access Kimberly-Clark (NYSE: KMB) 3Q19 Results: In-Line Sales, Beats on EPS, Raises Fiscal 2019 EPS GuidanceKimberly-Clark reported net sales of $4.64 billion for the third quarter of 2019, an increase of 1.3% compared to same period last year and roughly in line with consensus estimates of $4.65 billion. Organic sales were up 4% versus last year. Read More
Company Earnings Update | October 24, 2019 Register for Free Access Procter & Gamble (NYSE: PG) 1Q20 Results: Innovation and Increased Pricing Drive GrowthP&G reported net sales of $17.8 billion for the three months ended September 30, 2019, up 7% year over year and beating the consensus estimate of 5% year on year growth. Organic sales were up 7% versus last year. Read More
Insight Report | October 24, 2019 Premium How Target Leveraged its Direct Sourcing Strategy as a Competitive DifferentiatorWhile private label brands are nothing new in retail, in recent years many companies have successfully repositioned store brands from a perception of low-priced, me-too products to premium quality merchandise offered at more economical price points than national brands. Few retailers have been as successful as Target on this front. Read More
Flash Report | October 23, 2019 Register for Free Access Microsoft Acquires Cloud File-Migration Company MoverOctober 21, 2019, Microsoft announced in a blog post the acquisition of cloud file-migration company Mover, for an undisclosed figure, in a move that will make it easier for Microsoft clients to more easily migrate apps and data to cloud-based architecture. Read More
Deep Dive | October 23, 2019 Premium RetailTech: ERP Software—the Nervous System of Modern EnterprisesFrom its origins in manufacturing, enterprise resource planning software has evolved to become critical to almost every aspect of running a business – and offers key functions for retail. Read More
Flash Report | October 23, 2019 Register for Free Access Under Armour Appoints New CEOOn October 22, 2019, Under Armour (UA) announced Patrik Frisk will become the company’s next Chief Executive Officer (CEO), effective January 1, 2020. Read More
Flash Report | October 23, 2019 Register for Free Access Nordstrom Sets the Stage for Its First Women’s Store in NYC This WeekNordstrom Brings to NY Innovation Tried and Tested in LA, Will it Work as Well on Both Coasts? Tests in Los Angeles found that customers who make use of BOPIS, alteration and other services spend more. Read More
Company Earnings Update | October 23, 2019 Register for Free Access Gildan Activewear (NYSE: GIL) Issues Profit Warning, Lowering FY19 Guidance on Weak Imprintables DemandGildan Activewear issued a profit warning for 3Q19 and full-year performance, citing weaker than expected US and international demand for imprintable apparel. Read More
Company Earnings Update | October 23, 2019 Register for Free Access Carrefour (ENXTPA: CA) 3Q19 Update: Latin America Strength Offsets Weakness in FranceCarrefour secured growth in its Latin America markets – helping offset sluggish performance in France as the company seeks to reinvent itself with fewer and smaller stores, fewer SKUs, more organic offerings and a stronger online capability. Read More
Market Navigators/Market Outlook | October 23, 2019 Premium Global Jeans Market: Sustainable Offerings and Technological Innovation Drive ResurgenceThe global jeans market is experiencing a reinvigoration, driven by current fashion trends in streetwear and vintage styles, an increasing number of fits and silhouettes and the rise of casual dress codes in the workplace. Brands are implementing more sustainable manufacturing practices as well as investing in technological innovation to satisfy consumer needs. Read More
Flash Report | October 22, 2019 Register for Free Access 374-Year-Old Department Store Retailer HBC Announces It Is Going PrivateHudson Bay’s bid to take the company private represents a bold move to preserve the centuries-old retailer: We may see innovative concepts such as CBD shops and cafes, designer studios, hosted apparel or sneaker drops. Read More
