Event CoverageInsights from the Second Alibaba ONE Business Conference: Customer Acquisition, Product Innovation and Organization Digitalization Coresight Research December 20, 2019 Executive SummaryThe Coresight Research team was in Hangzhou on December 18 for the second Alibaba ONE Business Conference. Here’s what we heard from Alibaba and other companies: There is no division between online and offline, according to Daniel Zhang, Executive Chairman and CEO of Alibaba Group: Digitalization helps businesses connect the two channels to better serve consumers. Alibaba’s innovative digital ecosystems help businesses acquire new customers. Tmall Intelligence Center (TMIC), Tmall’s dedicated research and development arm, helps brands and retailers launch new products to stay competitive. Alibaba’s workplace app, Ding Talk, aims to help businesses digitalize business operations to improve efficiency. Please Login to read the full report. Not a member? To access this content for free, register for a free account. This document was generated for
Insight ReportNovember 2019 UK Retail Sales: Nonfood Sales Turn Negative Coresight Research December 20, 2019 Reasons to ReadUK retail saw a weak start to the 2019 holiday season. Because Black Friday fell so late this year, it was not captured in the ONS’s unadjusted November 2019 data, but even adjusted for that factor, we saw a sequential slowing of UK retail sales growth in November across a number of sectors. Grocery was soft while year-over-year growth at clothing and department stores turned negative Electrical-goods retailers saw sales fall Furniture stores were also down year over year—showing continued weak demand for big-ticket categories Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for
Store TrackerWeekly US and UK Store Openings and Closures Tracker 2019, Week 51: Shopko Optical Opens Many Centers Coresight Research December 20, 2019 Reasons to Readur Weekly US and UK Store Openings and Closures Tracker reports on store closures, openings and bankruptcies. We cover: What is happening in retail in the US and UK this week Year-to-date 2019 major US and UK store openings and closures 2019 major US retail bankruptcies New non-store-closure news This week, there are highlights from Shopko Optical and home-furnishings retailer RH in the US and House of Fraser in the UK. Click here to view our full collection of Weekly US and UK Store Trackers. Complementing our weekly Tracker report, the new Coresight Research Retail Store Databank offers our premium subscribers access to openings and closures data from 2012 to 2019 year to date, filterable by sector and year. Click here to view. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for
Analyst CornerWeinswig’s Weekly—December 22, 2019 Coresight Research December 20, 2019 Executive SummaryDecember 22, 2019 This week’s note “From the Desk of Deborah Weinswig” looks at exclusive data on US retailers’ Black Friday and Cyber Monday online pricing strategies. In the news this week: Costco has expanded its same-day delivery of alcohol to 200 of its stores in 11 US states through its partnership with Instacart. UK maternity retailer Mothercare secured a new lease on life with a five-year deal with Boots to sell its products in Boots stores across the UK. Singapore fashion start-up Zilingo has acquired Sri Lanka software company nCinga and will use nCinga’s manufacturing execution system software. Please Login to read the full report. Not a member? To access this content for free, register for a free account. This document was generated for
Deep DiveAlibaba vs. Amazon: Head to Head in E-Commerce and Technology Coresight Research December 19, 2019 Reasons to ReadAlibaba Group and Amazon dominate their home markets, but the two e-commerce giants are now making moves into Southeast Asia, India and other international arenas. The companies are leveraging technology to increase their respective market penetration and assert their global presence. We discuss key insights into the competition between Alibaba and Amazon, covering the following topics: The different business models of the two companies, including operating segments and retail ecosystems—which for Alibaba entails its “New Retail” concept A comparison of revenues over the last five years Amazon’s financial performance in 2018 and 2019 so far Internally developed technologies that are driving the rapid growth of Alibaba and Amazon The global expansion strategies of both companies and Amazon’s presence in China Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for
Insight ReportHow Computer Vision Can Save Retailers from Costly In-Store Execution Issues Coresight Research December 19, 2019 Reasons to ReadSeeking to optimize store management and enhance the in-store experience, many retailers are exploring advanced technology solutions such as computer vision, which uses complex image processing algorithms that turn digital images of the shelf into information and analytics around areas such as out of stocks and planogram compliance. Solid store management is also critical to: Avoiding sales losses Delivering a better shopping experience Increasing consumer engagement Supporting online offerings, especially BOPIS Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for
Insight ReportThe Landscape of China’s New Digital Economy: Reviewing Recent Trends Coresight Research December 18, 2019 Reasons to ReadThe landscape of China’s digital economy has changed dramatically, with some existing players losing share of consumers’ time spent on digital platforms (e.g., Baidu), and a number of new companies gaining share (such as Internet unicorn ByteDance, which owns TikTok). We assess the current marketplace and review a number of trends across the following key topics: The changing popularity of different digital ecosystems among mobile users The evolution of Alibaba’s and Tencent’s stock prices The investment portfolios of Alibaba and Tencent Our infographic maps Alibaba’s and Tencent’s digital ecosystems. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for
Event CoverageA New Push for Sustainability in Fashion: Messe Frankfurt Texpertise Network Partners with the Conscious Fashion Campaign and the United Nations Coresight Research December 18, 2019 Executive SummaryThe Coresight Research team was in New York City for the Messe Frankfurt X Conscious Fashion Campaign, at which the Messe Frankfurt Texpertise Network announced a new collaborative initiative with the Conscious Fashion Campaign and the United Nations (UN). These are our key insights on the significance of the partnership: The collaborative initiative seeks to accelerate achievement of the UN Sustainable Development Goals (SDGs). The international fashion and textile industry can play a key role in achieving the SDGs. New business models are emerging that can help, such as resale, recycling and subscriptions. Please Login to read the full report. Not a member? To access this content for free, register for a free account. This document was generated for
Insight ReportNew Retail Briefing: Christian Louboutin Beauty Launches a Flagship Store on Tmall Coresight Research December 17, 2019 Reasons to ReadThis report is part of a biweekly series in which we discuss developments in China under the banner of “New Retail.” We offer insights into recent news, with a focus on digitalization and strategic collaborations. This week, highlights include the launch of a Christmas mini program on WeChat by Dior, the opening of Christian Louboutin’s flagship store on Tmall and Alibaba’s investment into milk-delivery startup Tianxianpei. The appendix details the last 12 months of New Retail developments in China. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for
Insight ReportUS Retail Traffic and In-Store Metrics, November 2019: Traffic Decline Steepens Slightly but Black Friday Performs Coresight Research December 17, 2019 Reasons to ReadCoresight Research’s monthly reports keep you up to date on US and UK retail sales, US retail traffic and in-store metrics, selected US retailers’ same-store sales and key global consumer indicators. Click here to view our full collection of Monthly Reports. Highlights from our November Retail Traffic report: US store-based traffic fell at a faster rate in November than October’s 5.5% decline Black Friday provided a boost, although retail traffic was still lower this Black Friday than last year Transaction volume also slipped, although at a slower rate and with a Black Friday increase The bright spots were conversion rates, returns and shopper yield, all of which posted improved results. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for
Insight ReportNovember 2019 US Retail Sales: Slowdown Seen Across Sectors with Major Softening in Clothing and Department Stores Coresight Research December 17, 2019 Reasons to ReadCoresight Research’s monthly reports keep you up to date on US and UK retail sales, US retail traffic and in-store metrics, selected US retailers’ same-store sales and key global consumer indicators. Click here to view our full collection of Monthly Reports. Highlights from our November US Retail Sales Report: US November retail sales figures are in, and the results are mixed. Overall growth slowed as the late Thanksgiving pushed holiday buying to the end of the month—and pushed Cyber Monday into the following month. Furniture and home-furnishings stores, general merchandise stores and nonstore retailers all saw growth slow Food and beverage store growth accelerated, driven by grocery Department stores fared the worse, with October’s declines steepening in November Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for
Deep Dive3Q19 US Earnings Season Wrap-Up Coresight Research December 17, 2019 Reasons to ReadCoresight Research analysis of 2019 third-quarter earnings for Coresight 100 companies based in the US found mixed results across different sectors. Most beat revenue consensus estimates, although about a third missed Apparel, footwear, online brands and REITs mostly beat consensus revenue estimates Luxury performed the worst as far as missing consensus estimates despite improved performance Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for
Flash ReportIntel Acquires Israeli AI Chipmaker Habana Labs for $2 Billion in Cash Coresight Research December 17, 2019 Executive SummaryOn December 16, 2019, Intel announced the acquisition of Habana Labs, an Israel-based developer of programmable deep learning accelerators for the data center, for approximately $2 billion in cash. Habana Labs is an artificial intelligence (AI) processor company founded in 2016 to design processor platforms optimized for training deep neural networks and for inference deployment in production environments. Intel expects the acquisition to strengthen its AI portfolio and accelerate its efforts in the nascent, fast-growing AI silicon (i.e., chip) market, which it expects to be worth more than $25 billion by 2024. The AI silicon market for data centers within this broader market is estimated to hit $10 billion in that same time frame. In 2019, Intel expects to generate more than $3.5 billion in revenue from AI-driven products, up more than 20% year over year. AI is a fundamental technology for deploying machine learning to offer predictive analytics, customization and personalization in retail. Intel is deploying its own cash to accelerate development or to fill gaps in its product portfolio to be a major player in the AI hardware sector. Please Login to read the full report. Not a member? To access this content for free, register for a free account. This document was generated for
Question of the WeekHow Do US Marijuana Users Consume the Drug? Coresight Research December 16, 2019 QUESTION OF THE WEEK: How Do US Marijuana Users Consume the Drug? Smoking is the most popular means of consumption among US marijuana users, with around eight in 10 consuming the drug in this manner. However, vaping is catching up, with roughly three in 10 marijuana users choosing to inhale the drug through a vaporizer. On average, each marijuana user we surveyed consumed the drug in two different ways (for example, smoking and vaping or smoking and eating). This document was generated for
Deep DiveConvenience Stores: More than Just Retail Coresight Research December 16, 2019 Reasons to ReadConvenience stores across China, Japan and the US are making significant moves to increase sales and store traffic in line with changing consumer preferences. We look at how this fast-growing retail sector is diversifying its offerings, covering a number of key trends: A greater emphasis on foodservice The introduction of additional services, including EV charging stations and financial, O2O and delivery services The launch of new store formats We discuss examples from major convenience-store chains, including 7-Eleven, Casey’s General Stores, FamilyMart and Lawson. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for
