May 3, 2018 Flash Report Register for Free Access Macy’s Acquires STORY, the Store that Changes Concepts Every 6–8 WeeksMacy’s announced that it has acquired STORY, a New York City concept store that curates its product selections around a theme that changes every 4–8 weeks.
May 3, 2018 Company Earnings Update Register for Free Access Adidas (ETR: ADS) 1Q18 Result: Strong Profit Growth Beats Expectations Despite Currency Headwinds at the Top LineAt constant currency, Adidas grew 1Q18 revenues by 10%. Currency effects meant this translated to just a 1.9% increase in reported revenues.
May 3, 2018 Event Coverage Register for Free Access Retail Robotics & AI Conference TakeawaysThe Coresight Research team recently attended the Retail Robotics & AI Conference on April 26 in San Francisco. Here are our top takeaways from the event:
May 2, 2018 Company Earnings Update Register for Free Access Under Armour (UAA) 1Q18 Results: Beats Revenue Estimates on Strong International Sales, Reaffirms FY18 GuidanceUnder Armour reported 1Q18 adjusted EPS of $0.00, ahead of the $(0.05) consensus estimate. Total revenues were $1.19 billion, beating the $1.12 billion consensus estimate and up 5.9% year over year.
May 2, 2018 Insight Report Premium March 2018 Monthly Consumer Update: US, UK and ChinaEach month, we round up key metrics reflecting consumer demand in the US, the UK and China. We focus on direct, leading indicators of the health of the consumer economy: wage growth, price changes and retail sales growth.
April 26, 2018 Insight Report Premium Who Shops Where for Fashion – A Look at US Apparel Shopper DemographicsThis report looks at key demographic characteristics of shoppers at America’s biggest apparel retailers. The top takeaways from our analysis of survey data include the following:
April 26, 2018 Insight Report Premium Nordstrom Opens a Men’s Store in NYC, Offering Premium ServicesOn April 12, Nordstrom opened its first department store in New York City, a Men’s Store on West 57th Street in Manhattan.
April 26, 2018 Company Earnings Update Register for Free Access Boohoo Group (LSE: BOO) FY18 Results: Sales Nearly Double and Profits Jump on AcquisitionsBoohoo.com reported a 96.8% jump in revenues to £579.8 million in FY18, slightly above the consensus estimate of £574.9 million, as recorded by S&P Capital IQ, and above the guidance provided previously.
April 24, 2018 Insight Report Premium Three Shifts Driving US Grocery M&A ActivityFrom Amazon’s purchase of Whole Foods Market last year to Southeastern Grocers’ bankruptcy filing in March, we have seen a flurry of activity in the US grocery market in recent months. In this report, we discuss these corporate developments and note three trends driving mergers and acquisitions (M&As) in grocery. The sector is shifting:
April 23, 2018 Insight Report Premium March 2018 UK Retail Sales: Stronger Volume Growth, Supported by an Earlier EasterUK retail saw a strengthening of year-over-year volume (or real term) growth in March. Easter Sunday fell on April 1 this year versus April 16 last year, and this pulled some Easter-related spending forward into March.
April 20, 2018 Analyst Corner Register for Free Access Weinswig’s Weekly April 20, 2018This week’s note “From the Desk of Deborah Weinswig” discusses what makes Chinese retail unique and what the future of retail could hold, according to executives from JD.com and Alibaba who spoke at the World Retail Congress in Madrid this week.
April 20, 2018 Store Tracker Databank Members Weekly Store Openings and Closures Tracker 2018, Week 16: Liquidators Awaiting Approval to Wind Down All Bon-Ton StoresYear-to-date 2018, the number of US store closure announcements stands at 3,335 and the number of store openings is 1,699. Year to date in the UK, there have been 313 store closure announcements and 491 store opening announcements.
April 20, 2018 Event Coverage Register for Free Access Highlights from the XRC Labs Cohort 5 Demo DayThe Coresight Research team attended the XRC Labs Cohort 5 Demo Day event in New York City on April 19 at the Parsons School of Design.
April 20, 2018 Store Tracker Databank Members Weekly Store Openings and Closures Tracker 2018, Week 17: Old Navy to Open 60 Stores, Bon-Ton Begins LiquidationCoresight 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.
April 20, 2018 Company Earnings Update Register for Free Access DEBENHAM (LSE: DEB) 1H18 Results: Profits Battered by Poor Christmas and Freezing WeatherDebenhams reported a decline of 1.6% in group transaction value to £1.7 billion and a fall of 51.9% in underlying PBT to £42.2 million. Both are broadly in line with consensus, as recorded by S&P Capital IQ.
