April 12, 2019 Analyst Corner Register for Free Access WEINSWIG’S WEEKLY APRIL 12, 2019This week’s note “From the Desk of Deborah Weinswig” looks at the promise of 5G smart phone technology for the retail industry.
April 12, 2019 Store Tracker Databank Members Weekly US and UK Store Openings and Closures Tracker 2019, Week 15: Fred’s to Shut 159 Stores; In the UK, Debenhams Enters AdministrationCoresight Research tracks store openings and closures for a select group of retailers in the US and the UK, as well as major US retail bankruptcies.
April 12, 2019 Company Earnings Update Register for Free Access LVMH (ENXTPA: MC) 1Q19 Update: Achieves Double-Digit Organic Sales Growth, Led by the Fashion and Leather Goods GroupRevenues at Fashion & Leather Goods Group rose 15% in constant currency, 20% on a reported basis, to €5.1 billion, setting the pace at LVMH. Louis Vuitton and Christian Dior had an exceptional 1Q19, outperforming the Fashion & Leather Goods Group brand portfolio.
April 12, 2019 Flash Report Register for Free Access Walmart to Acquire Technology and Assets of Silicon Valley Adtech Startup Polymorph LabsOn April 11, 2019, Walmart announced plans to acquire the assets and technology of Silicon Valley-based advertising-technology startup Polymorph Labs for an undisclosed amount.
April 11, 2019 Insight Report Premium Insights from China: Opening Up Further, Embracing AI and Accelerating 5G Commercialization — Key Points from the China Development ForumThis week, we look at the 20th China Development Forum which took place March 23-25, 2019, in Beijing.
April 11, 2019 Company Earnings Update Register for Free Access ASOS (LSE: ASC) 1H19 Results: Profits Slide due to Higher Warehousing and Technology CostsASOS reported 1H19 group sales of £1.31 billion, up 12.0% year over year on a constant-currency basis (up 13.5% as reported) and slightly ahead of the consensus estimate of £1.30 billion recorded by StreetAccount.
April 11, 2019 Company Earnings Update Register for Free Access Tesco (LSE: TSCO) FY19 Results: Hits FY20 Margin Target in Second HalfTesco reported FY19 total sales of £63.9 billion, up 11.0% year over year on a constant-currency basis (increasing 11.2% as reported) and missing the consensus estimate of €64.5 billion recorded by StreetAccount.
April 11, 2019 Deep Dive Premium The Greater Bay Area, or “China’s Silicon Valley”: What is It, How Will It Develop and How Can Businesses Benefit?The Greater Bay Area could be China’s answer to Silicon Valley. On February 18, 2019, the Central Committee of the Communist Party of China and the State Council of the People’s Republic of China released a development plan for the Greater Bay Area.
April 10, 2019 Deep Dive Premium Online to Offline Beauty: Brands That Are Winning by Understanding the Digital Consumer and Then Going PhysicalDigitally native beauty brands are opening stores and differentiating through customer experiences. Opening a physical store increases online traffic by 45%, according to the ICSC.
April 9, 2019 Insight Report Premium New Retail Briefing #7: Ele.me Brings Fresh Produce to Customers; Fliggy Allows Tourists to Buy Before They Fly; Shiseido and Alibaba Sign Joint Business PlanAlibaba’s food-delivery platform Ele.me will help vendors in traditional “wet markets” to sell fresh produce to online shoppers.
April 9, 2019 Insight Report Premium 2019 Tax Tracker Week 9: Filings Still Down with Two Weeks to Go Until April 15US income tax refund tracker: Filings are still down year over year, and average refund amounts are down slightly with two weeks to go until tax day.
April 5, 2019 Flash Report Register for Free Access Goodwill NYNJ Partners with Price Technologies to Boost Re-Commerce OpportunitiesOn April 1, 2019, nonprofit organization Goodwill Industries of Greater New York and Northern New Jersey (Goodwill NYNJ) announced a partnership with technology startup Price Technologies (Price) to offer more opportunities for shoppers to buy secondhand items.
April 5, 2019 Insight Report Premium 5G in Retail: Growing Revenues in E-Commerce, Boosting Capabilities in IoT Technologies, and Unleashing Potential in AI, AR and VR5G should unleash the full potential of data-intense technology in retail, such as artificial intelligence, machine learning and reality technologies, empowering existing use cases and delivering new applications.
April 5, 2019 Company Earnings Update Register for Free Access Seven & i Holdings (TSE: 3382) FY19 Results: Recovering at Home, Income Grows in Overseas Convenience StoresSeven & i reported a 14.6% increase in net sales and a 5.1% increase in operating income for FY19. 7-Eleven North America grew net sales by 29.4%, with a 49.3% increase in gasoline sales and a 13.0% increase in merchandise sales.
April 5, 2019 Store Tracker Databank Members Weekly US and UK Store Openings and Closures Tracker 2019, Week 14: Five Below to Open 145–150 Stores; In the UK, Office Outlet Marks 16 Stores for ClosureCoresight Research tracks store openings and closures for a select group of retailers in the US and the UK, as well as major US retail bankruptcies. In the US, year-to-date announced closures are approaching the total we recorded for the full year 2018. So far this year, US retailers have announced 5,846 store
