August 18, 2019 Deep Dive Premium RFID and NFC in RetailRadio Frequency Identification (RFID) and Near Field Communication (NFC) are key technologies to digitalize store operations and can be instrumental to facilitate omnichannel retail.
August 16, 2019 Insight Report Premium 30 Global Retail Cities: Mexico CityMexico’s diverse ethnic composition influences the designs, arts and crafts available in many popular shopping districts – along with the works of new and upcoming local designers.
August 16, 2019 Insight Report Premium July 2019 US Retail Sales: Growth Accelerates in Most SectorsTotal US retail sales excluding gasoline and automobiles increased 5.6% year over year in July, strengthening from the 2.2% year-over-year rise in June.
August 16, 2019 Store Tracker Databank Members Weekly US and UK Store Openings and Closures Tracker 2019, Week 33: Avenue to Close All StoresIn 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.
August 16, 2019 Company Earnings Update Register for Free Access JCPenney (NYSE: JCP) 2Q19 Results: Revenues Down, Improves Inventory Position, Launches Partnership with ThredUp in 30 StoresJCPenney reported fiscal 2Q19 net sales of $2.51B, lower than the consensus estimate of $2.64B, and down 9.2% YoY. Comparable sales decreased 9.0% compared to the consensus estimate of down 5.1%.
August 16, 2019 Insight Report Premium July 2019 UK Retail Sales: Growth Accelerates for Internet RetailersJuly was a solid month for UK retail overall, according to the ONS: Sales grew 3.7% versus 4.0% in June and slightly below the 4.1% average for the prior 12 months.
August 16, 2019 Company Earnings Update Register for Free Access Tapestry (NYSE: TPR) 4Q19 Results: Coach and Stuart Weitzman Drive Results as Kate Spade Disappoints but Offers UpsideTapestry is focused on protecting Kate Spade brand in promotional outlet channel and increasing product differentiation and distinctive newness to drive conversion.
August 16, 2019 Company Earnings Update Register for Free Access Walmart (NYSE: WMT) 2Q20 Results: Beats Expectations and Offers Mixed GuidanceWalmart reported fiscal 2Q20 revenues of $130.38 billion, up 1.8% year over year and beating the $130.10 billion consensus estimate
August 16, 2019 Company Earnings Update Register for Free Access Nvidia (NASDAQ: NVDA) 2Q20 Results: Beats Consensus, New AI Products for Language and VehiclesNvidia reported 2Q20 results that beast consensus estimates. Automotive was the fastest-growing segment, growing 30%, and the company announced AI products for language and vehicles.
August 15, 2019 Analyst Corner Register for Free Access Weinswig’s Weekly — August 16, 2019This week’s note “From the Desk of Deborah Weinswig” looks at the abundance of technology pouring into retail stores.
August 15, 2019 Company Earnings Update Register for Free Access JD.com (NASDAQ: JD) 2Q19 Results: Revenue Beats Consensus, Solid 3Q19 GuidanceJD.com reported 2Q19 revenue of ¥150.3 billion ($21.9 billion), up 22.9% year over year and beating the consensus estimate of ¥147.4 billion.
August 15, 2019 Store Tracker Databank Members Reviewing Year-to-Date US Store Closures and OpeningsIn this report, we review year-to-date announced store closures and openings in the US, by sector.
August 15, 2019 Company Earnings Update Register for Free Access Macy’s (NYSE: M) 2Q19 Results: Revenues Down, Lowers EPS Guidance, Launches Pilot with ThredUpMacy’s fiscal 2Q19 revenues were $5.55B, down 0.5% YoY, even with the consensus estimate. The company reported 2Q19 adjusted EPS of $0.28, down 47.2% from a year ago. Macy’s lowered EPS guidance.
August 15, 2019 Company Earnings Update Register for Free Access Tencent (HKEX: 0700) 2Q19 Results: Mixed Results, Growth in FinTech and Business Services in Challenging Ad EnvironmentTencent reported 2Q19 revenue and EPS that beat consensus estimates, continuing to post strong growth in the FinTech and Business Services segment, in a challenging ad environment.
August 15, 2019 Company Earnings Update Register for Free Access Canada Goose (NYSE: GOOS) 1Q20 Results: Revenue and EPS Beat Estimates, Reiterates Guidance for FY2020Canada Goose’s 2Q20 results beat consensus estimates, though the company drdeported a 650-bps decline in the gross margin. The company reiterated its fiscal 2020 outlook.
