March 5, 2018 Event Coverage Register for Free Access Countdown to Shoptalk: Startup Pitch Competition Participant Profile—Glass-MediaThe Coresight Research team will be attending and participating in the Shoptalk 2018 conference in Las Vegas March 18–21. Billed as the world’s largest conference devoted to retail and e-commerce innovation, Shoptalk will cover “the rapid evolution of how consumers discover, shop and buy—from new technologies and business models to the latest trends in consumer behaviors, preferences and expectations.”
March 2, 2018 Event Coverage Register for Free Access Top Takeaways from the TrendSeeder Innovation Series: New Retail Formats PanelThis week, the Coresight Research team attended a TrendSeeder Innovation Series panel called “New Retail Formats, ”which was co-hosted by 24 Seven, TrendSeeder and Davis & Gilbert in New York City. TrendSeeder CEO Avani Patel moderated the panel discussion among industry experts that covered themes such as retail technology, showrooming and improving the customer experience. Here, we share our top takeaways from the event.
March 2, 2018 Event Coverage Register for Free Access Countdown to Shoptalk: Startup Pitch Competition Participant Profile—PopComThe Coresight Research team will be attending and participating in the Shoptalk 2018 conference in Las Vegas March 18–21. Billed as the world’s largest conference devoted to retail and e-commerce innovation, Shoptalk will cover “the rapid evolution of how consumers discover, shop and buy—from new technologies and business models to the latest trends in consumer behaviors, preferences and expectations.”
March 2, 2018 Company Earnings Update Register for Free Access Lowe’s (LOW) 4Q17 Results: Misses and Guides Below Consensus on EPSLowe’s reported 4Q17 adjusted EPS of $0.74, below the $0.86 year-ago figure and missing the $0.87 consensus estimate. Net sales were $15.49 billion, down 1.8% year over year but above the $15.35 billion consensus estimate.
March 2, 2018 Company Earnings Update Register for Free Access KOHL’S (KSS) 4Q17 Results: Beats on EPS and Revenue, Guides Up for FY18Kohl’s reported 4Q17 revenues of $6.78 billion, up 9.2% year over year and above the $6.74 billion consensus estimate. Adjusted EPS was $1.99, beating the $1.77 consensus estimate and up from $1.44 in the year-ago quarter.
March 2, 2018 Company Earnings Update Register for Free Access Zalando (XTRA: ZAL) FY17 Results: Price Pressures and Higher Fulfillment Costs Weigh on MarginsIn FY17, Zalando grew revenues by 23.4%, toward the upper end of the guided range. It grew gross merchandise volumes (GMV) by 26.5%.
March 2, 2018 Event Coverage Register for Free Access Takeaways from Fashion Group International’s “The Making of a Beauty Entrepreneur” PanelThis week, the Coresight Research team attended Fashion Group International’s “The Making of a Beauty Entrepreneur” panel in New York City. The event was sponsored by Cosmoprof North America and featured a panel of four beauty industry leaders who spoke candidly about their personal and professional entrepreneurial journeys. Here, we share our takeaways from the event.
March 2, 2018 Analyst Corner Register for Free Access Weinswig’s Weekly March 2, 2018This week’s note “From the Desk of Deborah Weinswig” discusses where we currently stand on the artificial intelligence adoption curve.
March 2, 2018 Store Tracker Databank Members Weekly Store Openings and Closures Tracker 2018, Week 9: Charlotte Olympia Files for Bankruptcy, Closing All StoresYear-to-date 2018, the number of US store closure announcements stands at 2,050 and the number of store openings is 1,548.
March 1, 2018 Company Earnings Update Register for Free Access TJX Companies (TJX) Fiscal 4Q18 Results: Comps Beat Estimate, Company Guides Up for FY19TJX Companies reported fiscal 4Q18 revenues of $10.96 billion, up 15.8% year over year and above the $10.76 billion consensus estimate. Adjusted EPS was $1.19, below the $1.27 consensus estimate and up from $1.03 in the year-ago quarter.
March 1, 2018 Company Earnings Update Register for Free Access Carrefour (ENXTPA: CA) FY17 Results: Profits Fall amid Tough Conditions and €1 Billion ChargeCarrefour announced a 14.7% fall in recurring operating income in FY17, yielding a decline in operating margin from 3.1% in FY16 to 2.5% in FY17.
February 28, 2018 Flash Report Register for Free Access Amazon Offers 5% Back for Amazon Prime Rewards Visa Card Users at Whole FoodsOn February 20, Amazon and Whole Foods Market announced that Amazon Prime Rewards Visa cardmembers would earn 5% back on Whole Foods Market purchases.
February 28, 2018 Company Earnings Update Register for Free Access Macy’s (M) 4Q17 Results: Beats on EPS and Comps, Optimistic Outlook for 2018Macy’s reported 4Q17 revenues of $8.67 billion, up 1.8% and roughly in line with the consensus estimate. Adjusted EPS was $2.82, beating the $2.67 consensus estimate and up from $2.02 in the year-ago quarter.
February 27, 2018 Insight Report Premium Waymo Set to Make the First Move in Autonomous Ride-HailingIn this report, we look at Waymo, a company leading the pack in self-driving technology. We also examine some recent developments that are keeping it ahead in the race for autonomous cars.
February 27, 2018 Company Earnings Update Register for Free Access Primark (LSE: ABF) 1H18 Pre-Close Update: Warm October Weather Holds Back GrowthPrimark’s parent, Associated British Foods (ABF), reported a pre-close trading statement for its 1H18 results, for the period ending March 3, 2018. ABF will announce detailed half-year results on April 17, 2018.