Store Tracker | June 7, 2019 Databank Members Weekly US and UK Store Openings and Closures Tracker 2019, Week 23: Abercrombie & Fitch to Shut Flagship StoresCoresight Research tracks news about store closures, openings and bankruptcies. Our Weekly US and UK Store Openings and Closures Tracker focuses on department stores and specialty retail stores, including, but not limited to, those selling softlines, hardlines, consumer electronics, groceries and furniture. Read More
Company Earnings Update | June 7, 2019 Register for Free Access Five Below (NASDAQ: FIVE) 1Q19 Results: Revenues Beat Consensus While Comps Falls ShortFive Below reported 1Q19 revenues of $364.8 million, up 23.1% year over year and beating the $364.2 million consensus estimate. Read More
Insight Report | June 7, 2019 Premium US-China Trade Issues: The Battle for FootwearOn June 1, China increased tariffs on 5,000 categories of US goods worth of $60 billion, in response to the US move to increase tariffs on $200 billion worth of Chinese goods Read More
Market Navigators/Market Outlook | June 6, 2019 Premium Sector Overview: US Home and Home Improvement RetailersUS consumer confidence appears to have peaked and spending preferences are still directed at home improvement, but the growth rate of spending on home improvement is expected to slow. Read More
Event Coverage | June 6, 2019 Register for Free Access Retail Innovation Club Annual Event: Start-Ups are Central to Consumer-Driven InnovationOn June 3, Israel’s Retail Innovation Club hosted its annual event in Netanya, Israel, connecting senior members of the retail industry with Israeli retail-tech start-ups. This report features our insights from the event. Read More
Insight Report | June 6, 2019 Premium Supply Chain Briefing: 3D Printing Brings Efficiency and Innovation to the Supply Chain3D printing technology brings benefits to brands and retailers in various stages of the supply chain by speeding product design, shortening production lead time and making it possible to produce customized products at affordable cost. Read More
Event Coverage | June 6, 2019 Register for Free Access Capri Holdings 2019 Investor Day: Brand Growth Expected to Drive Revenues to $6 Billion in FY2020Capri Holdings 2019 Investor Day: Brand Growth Expected to Drive Revenues to $6 Billion in FY2020 Read More
Company Earnings Update | June 6, 2019 Register for Free Access American Eagle Outfitters (NYSE: AEO) 1Q19 Results: Beats Sales and Comp Estimates, Launching Inclusive Sizes Before Back to SchoolAEO reported 1Q19 revenues of $866.3M, higher than consensus of $855.5M, and up 7.7% YoY. The company reported adjusted 1Q19 EPS excluding items, of $0.24, higher than consensus of $0.21. Read More
Insight Report | June 5, 2019 Premium US Grocery Embraces Pop-UpsGrocery retailers and brands have started experimenting with pop-up stores. Some include online pure-play retailer Jet.com, meal kits firm Blue Apron, brand owner Kraft, startup SÜPRMARKT and gourmet food retailer Harry & David Read More
Company Earnings Update | June 5, 2019 Register for Free Access Tiffany & Co. (NYSE: TIF) 1Q19 Results: Misses Revenues, Worldwide Comps Decline• Tiffany reported EPS of $1.03, down 9.7%, beating the consensus estimate of $1.01. Total revenue for the quarter declined 2.9% to $1.00 billion, missing the consensus estimate of $1.01 billion Read More
Company Earnings Update | June 5, 2019 Register for Free Access Salesforce (NYSE: CRM) 1Q20 Results: Beats Consensus and Reaffirms/Raises Guidance on Strong Platform GrowthSalesforce’s fiscal 1Q20 beat consensus estimates, and the company reaffirmed/raised fiscal 2020 guidance. Salesforce Platform and Other was the fastest-growing segment in the quarter. Read More
Insight Report | June 4, 2019 Premium New Retail Briefing: JD.com Extends Group Buying to Hong Kong, Ikea Launches App to Integrate AR with ShoppingJD.com has launched a group buying service in Hong Kong, ahead of the 6.18 shopping festival. Read More
Company Earnings Update | June 4, 2019 Register for Free Access Big Lots (NASDAQ: BIG) 1Q19 Results: Revenues Narrowly Beat Consensus Estimates But Comps Falls ShortBig Lots reported 1Q19 revenues of $1.30 billion, up 2.2% year over year and marginally above the $1.29 billion consensus estimate. Adjusted EPS was $0.92, down 3.2% but beating the $0.70 consensus estimate. Read More
Deep Dive | June 3, 2019 Premium Millennials and BeautyMillennials, born between 1980 and 2000, are particularly important for the beauty market due to the sizeable consumer base they represent and their growing spending power. Read More
Free Data Graphic | June 3, 2019 Free Report Coresight Bites: Coresight Research’s CORE Framework for AI in RetailWe present Coresight Bites: Coresight Research’s CORE Framework for AI in Retail Read More