May 14, 2018 Event Coverage Register for Free Access Notes from Breakfast with the Disruptors, Featuring Retail AI CompaniesCoresight Research recently held its inaugural Breakfast with the Disruptors event, where eight startups that are applying artificial intelligence (AI) to solve retailers’ problems pitched their businesses to an estimated 400 guests. The event was hosted by Global Brands Group (GBG) in the Empire State Building in New York City and was sponsored by Celect, GBG and Li & Fung.
May 14, 2018 Insight Report Premium Quick Take: The Boom in Marketplace PlatformsIn this report, we review the different types of marketplace platforms.
May 11, 2018 Company Earnings Update Register for Free Access Next (LSE: NXT) 1Q19 Trading Update: Strong Quarter, Raises Full-Year GuidanceNext reported total full-price sales growth of 6.0% in the first quarter ended May 7, 2018. Full-price in-store retail sales declined by 4.8%, while full-price online sales jumped by 18.1%.
May 11, 2018 Store Tracker Databank Members Weekly Store Openings and Closures Tracker 2018, Week 19: Five Below Opens Over 30 New StoresCoresight Research tracks store openings and closures for a select group of retailers in the US and the UK, as well as major US store bankruptcies.
May 10, 2018 Flash Report Register for Free Access Walmart to Invest $16 Billion to Acquire a 77% Stake in India’s FlipkartOn May 9, Walmart announced the signing of a definitive agreement to invest $16 billion for a 77% stake in Flipkart, a leading online retailer in India. The company said it supports Flipkart’s ambition to become a publicly listed subsidiary in the future.
May 10, 2018 Insight Report Premium China Tech Briefings: Alibaba to Bring Its Tmall Genie Smart Speaker to Mercedes, Audis and Volvos in ChinaThis is our inaugural China Tech Briefings In this series, we will track news and developments related to China technology companies and share our viewpoints on how these will impact the retail sector and the overall economy.
May 9, 2018 Insight Report Premium Retail Real Estate M&As: A Sign of Renewed Investor Confidence in US Retail?In this report, we examine recent consolidation among retail real estate companies.
May 8, 2018 Insight Report Premium Urban Farming: From Community Development to Agriculture TechnologyIn the US, we are seeing a growing trend of government-backed initiatives to turn unused urban land or vacant lots into community gardens and/or urban farmlands, bringing a multitude of benefits to the communities.
May 8, 2018 Company Earnings Update Register for Free Access Alibaba (BABA) 4Q18 Results: Strong Revenue Growth, Although Margin Was SqueezedAlibaba reported 4Q18 revenues of ¥61.9 billion, up 61% year over year. The company attributed the strong results to the robust revenue growth from its core commerce segment, as well as the Alibaba Cloud business.
May 7, 2018 Insight Report Premium Chico’s Brand Apparel and Accessories Will Be Sold on Amazon Later This MonthChico’s FAS announced that it will offer Chico’s brand apparel and accessories on Amazon.com beginning in mid-May 2018.
May 4, 2018 Store Tracker Databank Members Weekly Store Openings and Closures Tracker 2018, Week 18: GNC to Close 200 Stores, Asda to Merge with Sainsbury’sYear-to-date 2018, the number of US store closure announcements stands at 3,889 and the number of store openings is 1,759. Year to date in the UK, there have been 447 store closure announcements and 516 store opening announcements.
May 4, 2018 Analyst Corner Register for Free Access Weinswig’s Weekly May 4, 2018This week’s note “From the Desk of Deborah Weinswig” discusses the proposed merger of UK grocery retailers Sainsbury’s and Asda, which would create the country’s largest grocery retailer.
May 4, 2018 Company Earnings Update Register for Free Access Estée Lauder (EL) Fiscal 3Q18 Results: Beats Estimates and Raises GuidanceEstée Lauder reported fiscal 3Q18 adjusted EPS of $1.17, beating the consensus estimate by a dime and up 23.7% year over year. Revenues were $3.37 billion, up 18.0% year over year and beating the consensus estimate of $3.25 billion.
May 4, 2018 Event Coverage Register for Free Access Entrepreneur Roundtable Accelerator Demo Day: Half the Solutions Dedicated to Healthcare and WellnessThe Coresight Research team attended the Entrepreneurs Roundtable Accelerator (ERA) Winter 2018 Demo Day on Thursday, April 26 in New York City. Ten startups presented solutions in areas spanning healthcare and wellness, human resources, hospitality, financial services and insurance.
May 4, 2018 Company Earnings Update Register for Free Access Avon Products (AVP) 1Q18 Results: Company Meets EPS Estimates, Beats Revenue EstimatesAvon Products reported 1Q18adjusted EPS of $(0.02), in line with the consensus estimate. Revenues were $1.39 billion, up 4.5% year over year and beating the consensus estimate of $1.36 billion.
