Flash Report | October 18, 2019 Register for Free Access Amazon Migrates Internal Consumer Databases from Oracle to AWSOn October 15, 2019, Amazon announced via a blog post that it had finished migrating its internal consumer databases from Oracle database software to Amazon Web Services (AWS). Read More
Store Tracker | October 18, 2019 Databank Members Weekly US and UK Store Openings and Closures Tracker 2019, Week 42: Ross Stores Opens More LocationsIn 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
Insight Report | October 17, 2019 Premium Supply Chain Briefing: A Growing Emphasis on SustainabilityConsumers are placing higher importance on sustainability to live eco-friendlier lives, and companies from the retail, consumer packaged goods and apparel industries are adopting sustainable practices in response. As consumers continue to place an emphasis on purchasing products from companies that “go green”, sustainability can be a competitive differentiator. Read More
Company Earnings Update | October 17, 2019 Register for Free Access IBM (NYSE: IBM) 3Q19 Results: Remains on Track to Meet 2019 Guidance with Strength in Cloud, Red Hat and ConsultingIBM reported mixed 3Q19 results, with growth driven by cloud, Red Hat and consulting. The company reiterated its updated 2019 EPS guidance, which had been adjusted for the Red Hat acquisition. Read More
Company Earnings Update | October 17, 2019 Register for Free Access ASOS (LSE: ASC) FY19 Results: Revenues Ahead of Consensus, but Profits PlummetASOS FY19 profits plummet, management notes it had “underestimated the impacts of large-scale operational change…on two continents simultaneously” and that the company was “not adequately prepared for the additional complexities of planning and trading across our expanded warehouse footprint.” Read More
Deep Dive | October 17, 2019 Free Report How Data Analytics Is Driving Digital Transformation in RetailThe use of data analytics is powering digital transformation in retail, from supply chain and in-store inventory management to customer service and engagement. In this report, we offer key insights into the growing adoption of analytics by the retail sector. Read More
Insight Report | October 16, 2019 Premium How Is Amazon Leveraging the Whole Foods Acquisition?In the two-plus years since its $13.7 billion acquisition of Whole Foods Market, Amazon has gained valuable insight into consumer behavior and physical retail. The e-commerce giant is now taking action to increase its presence in the grocery sector. Read More
Insight Report | October 16, 2019 Premium Macy’s: A Timeline of Key EventsFrom 2017 to 2019, Macy’s undertook meaningful steps to reinvent its business. We examine key events from the company’s recent history as part of our Retailers’ Timelines series. Read More
Insight Report | October 15, 2019 Premium Insights from China: How Brands and Retailers Are Leveraging Video-Sharing Platform BilibiliAnimation, comics and gaming content is growing steadily in popularity in China amongst young consumers. Recognising the potential of this economy, brands and retailers are beginning to promote their products through Bilibili, a video-sharing platform for animation-focused user-generated content. Read More
Insight Report | October 15, 2019 Premium Holiday 2019: Five US Digital Retail Trends for the HolidaysIn this report, we dive into the digital outlook for US retailers for the 2019 holiday season, including a cross-channel shopping trend and the dominance of e-commerce giant Amazon. Read More
Question of the Week | October 14, 2019 Free Report How Can Apparel Brands and Retailers Benefit From Launching Beauty and Personal Care Products?QUESTION OF THE WEEK: How Can Apparel Brands and Retailers Benefit From Launching Beauty and Personal Care Products? Read More
Insight Report | October 14, 2019 Premium China’s National Day Wrap-Up: Golden Week Brings Spending BoomWhile China’s economic growth has slowed, Golden Week remains a prime opportunity to spur consumer spending. This year, we saw an acceleration in the rate of total spending, driven by sales growth in retail, catering and travel. Activities surrounding the 70th anniversary of the founding of the People’s Republic of China and extended retail hours contributed to the strong increase in spending. Read More
Deep Dive | October 14, 2019 Premium Unstaffed Stores: The Future Retail Format?“Unstaffed” is a new store format that has emerged in recent years around the globe. In this report, we look at the development of this concept and associated technologies, as well as the challenges that unstaffed stores present to retailers. Read More
Insight Report | October 14, 2019 Premium September 2019 US Same-Store Sales: Costco Experiences Slower Growth, but Beats Consensus EstimateCostco’s global September same-store sales growth decelerated from August but beat the consensus estimate. Its e-commerce growth came in at 17.8% in September, lower than August’s 23.9% growth. Read More
Company Earnings Update | October 14, 2019 Register for Free Access LVMH (ENXTPA: MC) 3Q19 Update: Fashion & Leather Goods Set the PaceLVMH reported 3Q19 sales of €13.3 billion, a 17.0% increase on a reported basis, and the Fashion & Leather Goods business grew sales 22.2% compared to the year-ago period. By region, Japan was the best-performing market over the quarter. Read More