February 5, 2020 Flash Report Register for Free Access Macy’s Announces New Three-Year Strategy, Closing Approximately 125 StoresMacy’s has announced an ambitious, three-year turnaround plan called Polaris that will see the retailer close around 125 stores, restructure corporate offices and cut its cost base. The five-point plan also seeks to strengthen customer relationships, improve its fashion offering and enhance digital capabilities.
February 4, 2020 Insight Report Premium AI in Retail: Computer Vision for In-Store Inventory ManagementIn our AI in Retail series, we discuss how artificial intelligence (AI) is transforming the way retailers operate and interact with customers. This report discusses how computer vision can be integrated into inventory management systems to bring benefits to retailers. Selected use cases illustrate that retailers are collaborating with technology providers to roll out computer vision applications.
February 4, 2020 Deep Dive Premium Private Labels in US Beauty and Personal CareWe consider the penetration of private labels in the US beauty and personal care sector over recent years and discuss the impact of contextual factors such as market fragmentation. Private labels remain a hot topic in beauty, particularly in the skincare category, and leading retailers such as Amazon and Walmart debuted private-label beauty products in 2019. We offer our view on why private labels are important for retailers as well as the challenges they present.
February 3, 2020 Insight Report Premium The Home Depot: A Timeline of Key EventsRead about the key dates and milestones in Home Depot’s rise to becoming a US home-improvement icon. From its humble beginnings as a more or less giant hardware store when it was founded in 1978, Home Depot has grown into a home improvement staple with more than 2,200 stores.
February 3, 2020 Insight Report Premium Retail in 2030: Lean, Spectacular, Transparent and FrictionlessThe last decade was a time of tremendous upheavel in retail. We lay out our vision of what retail will look like in 2030. Look for continued but slowly abating store closures, new smaller formats and far more experiential offerings.
February 3, 2020 Flash Report Register for Free Access Coronavirus Briefing: Potential Impact on China’s GDP, More Store Closures, Implications for Supply ChainsThe coronavirus impact on China’s GDP could be worse than the two percentage points SARS shaved off during the 2002–03 outbreak. With Wuhan a center of manufacturing for several key industries, we expect supply chain disruptions if factories remain closed.
February 2, 2020 Analyst Corner Register for Free Access Weinswig’s Weekly—February 2, 2020This week’s note “From the Desk of Deborah Weinswig” looks at Starbucks’ ambitious green goals.
January 31, 2020 Flash Report Register for Free Access Estée Lauder Announces Global Leadership Promotions at Two of Its Billion-Dollar Brands and Two of Its Developing BrandsEstée Lauder has announced leadership changes at two if its billion-dollar brands (La Mer and MAC Cosmetics) and two of its developing brands (Le Labo and Dr. Jart+ / Do The Right Thing). The announcements come as the company continues to grow through acquisition and organically by reinvigorating heritage brands.
January 31, 2020 Flash Report Register for Free Access H&M Appoints New CEO as Chairman Steps Down; Company Reports Profit RiseH&M announced that Chairman Stefan Persson has stepped down after 20 years in the role, recommending to the board that current CEO Karl-Johan Persson succeed him. Under Persson’s leadership, H&M grew revenues 140% over a ten-year period, and, after a brief lull, more recently reported its first annual net profit increase since 2015.
January 31, 2020 Insight Report Premium Payment Technology: What We Saw at the NRF 2020 Big ShowRetail technology is moving in leaps and bounds, promising a variety of new features and abilities such as cashless stores. This report looks at select new technologies, and some of the challenges they may face.
January 31, 2020 Store Tracker Databank Members Weekly US and UK Store Openings and Closures Tracker 2020, Week 5: Lucky’s Market and Papyrus File for BankruptcyOur Weekly US and UK Store Openings and Closures Tracker reports on store closures, openings and bankruptcies. This week, there are highlights from Gap, Lucky’s Market and Papyrus in the US and Hawkin’s Bazaar in the UK.
January 31, 2020 Flash Report Register for Free Access Coronavirus Briefing: Global Retailers, Brands and Tech Companies Offer AssistanceGlobal retail is likely to be further affected by the coronavirus in China as the World Health Organization has now declared it a “public health emergency of international concern.” Global companies—including retailers, tech companies, real estate firms and wealthy individuals—are continuing to pledge donations.
January 30, 2020 Insight Report Premium Holiday 2019: US Retail Wrap-UpUS retail enjoyed a solid holiday season: Consumers shrugged off concerns and boosted spending healthily over last year. Spending rose despite concerns over the economy, trade issues with China that could have pushed up prices at the register and increasing domestic political uncertainty.
January 30, 2020 Flash Report Register for Free Access Coronavirus Briefing: Restaurants and Stores Close, Flights CutThe ongoing Coronavirus outbreak in China is impacting not only the domestic economy but retail globally. Already, international retailers are closing shops in, and limiting travel to, affected areas. Airlines have canceled flights and the falloff in Chinese outbound tourism could hit travel retail hard.
January 30, 2020 Insight Report Premium Beauty Insights: How Brands and Retailers Are Deploying Customization and Personalization TechnologiesWe explore how beauty brands are leveraging technology to enhance their offerings. Some of the more interesting developments include smart devices with increased functionality and tools to boost consumer engagement with the brand.