Deep Dive | March 4, 2019 Premium Amazon Apparel: Annual US Survey Reveals Amazon Has Overtaken Walmart as America’s Most-Shopped Retailer for ApparelWe explore how many US consumers are buying apparel on Amazon, which retailers these shoppers have switched their spending from, what brands and categories they are buying on Amazon, and their attitudes toward Amazon Fashion. Read More
Company Earnings Update | March 4, 2019 Register for Free Access JD.com (NASDAQ: JD) 4Q18 Results: Revenues Beat Consensus Thanks to Strong Singles’ Day SalesJD.com reported 4Q18 revenue of ¥134.8 billion ($19.6 billion), up 22.4% year over year and beating the consensus estimate of ¥132.5 billion. Read More
Company Earnings Update | March 4, 2019 Register for Free Access Nordstrom (NYSE: JWN) 4Q18 Results: Soft Traffic at Full-Price Stores Penalizes SalesNordstrom net sales declined 4.7% to $4.4 billion, comps declined 1.6% in full-price and rose 4% in off-price. Operating margin was flat at 7.6%. For 2019, the company expects net sales to grow 1-2%, lower than the consensus estimate of 2.8%, and EPS to be $3.65-3.90, in line with consensus of $3.67. Read More
Event Coverage | March 4, 2019 Register for Free Access Shoptalk 2019: Startup Pitch CompetitionTo kick off this year’s Shoptalk conference, Coresight Research Founder and CEO, Deborah Weinswig, emceed Shoptalk’s Startup Pitch competition featuring 15 early-stage technology companies. Two winners won $25,000 prizes: One chosen by the judges, one through audience voting. Read More
Company Earnings Update | March 4, 2019 Register for Free Access Foot Locker (NYSE: FL) 4Q18 Results: Revenues Up, Comps Up 9.7%, FL Closing 165 Stores in 2019Foot Locker 4Q18 revenues were $2.27 billiob, up 2.8% YoY, above consensus of $2.18 billion. The company reported 4Q18 adjusted EPS of $1.56, beating consensus of $1.40. Comps rose 9.7% for the quarter. Management expects mid-single digit comp gains and a double digit percentage increase in EPS in 2019. The company plans to close 165 stores. Read More
Company Earnings Update | March 4, 2019 Register for Free Access Gap Inc. (NYSE: GPS) Fiscal 4Q19 Results: Gap and Old Navy to Split, 230 Stores to CloseGap reported fiscal 4Q19 revenues of $4.6 billion, down 3% year over year and lower than the $4.7 billion consensus estimate. The company reported 4Q19 EPS of $0.72, up from $0.52 in 4Q18, but below the $0.68 consensus estimate. Read More
Flash Report | March 4, 2019 Register for Free Access Amazon Reportedly Planning to Open Several Dozen Non-Whole Foods-Branded Grocery StoresAmazon 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. Read More
Event Coverage | March 4, 2019 Register for Free Access Day 1 at Shoptalk Coresight Research Insights: The Consumer is Driving New Retail ConfigurationsCoresight Research is in Las Vegas this week, attending and participating in Shoptalk 2019 conference. We share our key insights from the first day of the conference. Read More
Insight Report | March 1, 2019 Free Report Coresight Research Gears Up for Shoptalk 2019The retail world comes together March 3-6 in Las Vegas for Shoptalk. Coresight Research CEO Deborah Weinswig will emcee a session in which 15 retail technology startups will compete to win one of two $25,000 prizes. Join us in Track Room 4 starting at 1:45 PM, Sunday March 3. Read More
Insight Report | March 1, 2019 Free Report Countdown to Shoptalk 2019: Startup Pitch Competition Participant ProfilesCoresight Research CEO Deborah Weinswig will emcee a session in which 15 retail technology startups will compete to win one of two $25,000 prizes. Each has less than $3 million in funding, is four years or younger, offers innovative retail solutions, and supports B2B solutions. Read More
Market Navigators/Market Outlook | March 1, 2019 Premium Sector Overview: E-Commerce — Online-Offline Integration in a Winner-Takes-All SectorEach of our Sector Overview reports provides an essential briefing on a sector or market. This report focuses on e-commerce. Read More
Event Coverage | March 1, 2019 Register for Free Access Becoming the “Starting Point for Fashion,” Tripling GMV in Five Years, and Ending One-Size-Fits-All: Three Insights from Zalando’s 2019 Capital Markets DayZalando wants to attract more brands to its Partner Program and to sell fulfillment and marketing services to more of them — creating a stronger multibrand proposition. Read More
Analyst Corner | March 1, 2019 Register for Free Access WEINSWIG’S WEEKLY March 1, 2019This 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. Read More
Store Tracker | March 1, 2019 Databank Members Weekly Store Openings and Closures Tracker 2019, Week 9: Southeastern Grocers Set to Close 22 StoresYear to date in 2019, US retailers have announced 4,309 store closures and 1,586 store openings. UK retailers have announced 285 store closures and 327 store openings. Read More
Company Earnings Update | March 1, 2019 Register for Free Access Carrefour (ENXTPA: CA) FY18 Results: Earnings and Revenues Beat Estimates; 2022 Transformation Plan on TrackCarrefour reported FY18 total sales of €77.9 billion, down 3.1% year over year, but up 3.3% at constant exchange rates, and above the consensus estimate of €76.6 billion by StreetAccount. Read More
