Store TrackerWeekly US and UK Store Openings and Closures Tracker 2019, Week 44: US Store Closures Total Nears 9,000 Coresight Research November 1, 2019 Reasons to ReadOur 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 store openings and closures 2019 major US retail bankruptcies New non-store-closure news This week, there are highlights from Amazon in the UK and Walgreens in the UK and US. In the US, year-to-date announced closures have already exceeded the total we recorded for the full year 2018. So far this year, US retailers have announced 8,996 store closures and 3,792 store openings. 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 CoverageWWD Apparel and Retail CEO Summit: Day 2 Insights Coresight Research October 31, 2019 Reasons to ReadThis year, the Women’s Wear Daily Apparel and Retail CEO Summit has a theme of Movers + Makers, highlighting the people that are powering the fashion business through innovation. We highlight key insights from the second day of the event, covering: The growing importance of sustainability The new era of collaboration The influence of Gen X-ers Experiential retail This document was generated for
Insight ReportSupply Chain Briefing: Smart Routing Helps Streamline Warehousing and Delivery Through Algorithms Coresight Research October 31, 2019 Reasons to ReadAs part of our Supply Chain Briefing series, this report discusses smart routing—the use of machine learning algorithms to optimize warehousing and delivery. With the global route optimization market set to grow over the next five years, we offer key insights into the use of this technology, including: The business case for smart routing in the supply chain The benefits it offers to both consumers and retailers Examples of the adoption of route optimization software 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 DiveHow Robotics Is Transforming the Retail Value Chain Coresight Research October 31, 2019 Reasons to ReadLarge brands, retailers and technology companies have been working together to introduce robotics to the retail value chain. Robots have been already tested and deployed in production, warehousing and distribution, last-mile delivery and even in client-facing roles. These are a few of the key areas we’re seeing companies benefit: Increased efficiency Warehousing and logistics In-store inventory In-store shopping experience Last-mile delivery 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 ReportSeptember 2019 Monthly Consumer Update: US, UK and China Coresight Research October 30, 2019 Executive SummaryCoresight 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. Each month, we analyze key metrics that reflect consumer demand in the US, the UK and China. In these updates, we focus on direct, leading indicators of the health of the consumer economy: wage growth, price changes and retail sales growth. In September: US wage growth and inflation softened a little. Retail sales growth remained solid at 4.4%. UK retail sales climbed 3.6%, driven by a reported jump in sales at small retailers. China retail sales growth quickened to 7.8% year over year. 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 Dive10 Trends Reshaping US CPG Coresight Research October 30, 2019 Reasons to ReadShifting consumer preferences and disruption in the US consumer packaged goods (CPG) industry are prompting brands and retailers to adapt across a number of themes, which include: Health and wellness Male grooming E-commerce Digitalization We identify and explore 10 top trends for the US CPG industry, with highlights including rising consumer interest in CBD, the disruptive impact of Amazon and an increasing emphasis on sustainability. 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 CoverageThe Day of Retail Professionals: Experience is The Future of Retail Coresight Research October 30, 2019 Reasons to ReadThe Coresight Research team was at the Day of Retail Professionals in Belgrade, Serbia, on October 29, focused on themes including investment, challenges and innovation in retail. Representatives from governments, banks and over 70 leading retailers were there. These are the key insights from the day: Experience is the future of retail Technology is the enabler of experiential retail The shopping center of the future will be more than a shopping destination This document was generated for
Event CoverageWWD Apparel and Retail CEO Summit: Day 1 Insights Coresight Research October 30, 2019 Reasons to ReadThis year, the Women’s Wear Daily Apparel and Retail CEO Summit has a theme of Movers + Makers, highlighting the people that are powering the fashion business through innovation. We highlight key insights from the first day of the event, covering: Brands’ social engagement Artificial intelligence Strategic partnerships Mobile commerce Spectacular retail This document was generated for
Deep DiveInnovator Intelligence: 3DLOOK—Offering Retailers Digital Fit Customization Coresight Research October 30, 2019 Executive SummaryOur Innovator Intelligence series looks at emerging companies disrupting traditional retail and fueling innovation across the retail value chain. This report focuses on how the introduction of 3D body scanning may disrupt the retail market as we know it. Incorrect size and fit are the primary reasons for apparel returns. One reason is the industry does not use a standardized sizing system. Even standard fits established by individual retailers are not based on empirical knowledge of what the customer really looks like. As online purchases rise, so do returns. Customers who can’t try on clothes often buy several sizes, try them on to find the right fit and return the rest – a great convenience for the shopper but a challenge for retailers. 3D body scanning technology may hold the solution – while also disrupting traditional manufacturing methods. The technology can help brands and retailers deliver better products and more deeply personalized shopping experiences. The underlying technology continues to develop, but the implications for online retail could be enormous. One startup in this space, 3DLOOK, offers a deeper level of personalization based on actual body data to make connections between people and products. This allows customers to purchase clothing that fits while delivering body data and insights to retailers to help them create better fitting garments. 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
Company Earnings UpdateAmazon.com (NASDQ: AMZN) 3Q19 Results: Profit Falls Due to High One-Day Shipping Costs Coresight Research October 29, 2019 Reasons to ReadAmazon profits fall for the first time in more than two years thanks to high one-day delivery costs. · Amazon.com reported 3Q19 revenues of $70.0 billion, up 23.7% year over year and above the consensus estimate of $68.8 billion to $63.5 billion. However, EPS was $4.31, down 27.1% year over year and below the $4.59 consensus estimate. AWS revenue growth slowed, to 34.7% from 37.3% the prior quarter. But still, AWS contributed 71.6% of corporate operating income. The company guided for 4Q19 revenues of $80.0-86.5 billion (up 11-20% year over year), below the consensus estimate of $87.39 billion; and provided guidance of operating income of $1.2-2.9 billion, far below the $4.2 billion consensus estimate. But earnings per share (EPS) declined from $5.91 to $4.31 a share, the first time Amazon earnings have shrunk year-over-year since June 2017, and below the consensus of $4.59 a share, according to FactSet. This document was generated for
Insight ReportInsights from China: How Foreign Brands Can Capitalize on Traditional Chinese Festivals Coresight Research October 29, 2019 Reasons to ReadThere are a number of culturally meaningful festivals in China – many of which offer excellent opportunities for branding or promotions. Spring Festival, commonly referred to as Chinese New Year, is the most important festival of the year. Families gather to celebrate in a series of festivities that spread across several days. We’ve seen Luxury brand Gucci launch a festive-themed collection with images from the 1933 United Artists’ short “Three Little Pigs,” for the year of the pig. The collection consisted of wallets, watches, handbags and sneakers. Maybelline released a make-up collection that includes a mahjong set that replaced the traditional symbols on the tiles with lipstick, New York City icons – and the Maybelline M logo on the back. Tory Burch introduced a collection for Qixi Festival (“Chinese Valentines Day”) consisting of four special handbags, a case for business cards (very popular in Asia), the brand’s signature ballet flats in pink and red blocked colors and stripe prints – modeled by popular Chinese model Liu Wen. Starbucks also launched a tea set gift box in collaboration with hinese luxury fashion brand Shang Xia, offering modern products with a contemporary twist on traditional themes. 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 DiveSix Ways Brands and Retailers Can Leverage Esports Coresight Research October 29, 2019 Reasons to ReadCompetitive video gaming—known as esports—has become a global mass phenomenon. In this report, we look at the growing popularity of esports and observe six opportunities the sector presents to brands and retailers to expand the scope of their marketing campaigns and engage with the growing community of esports gamers. 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
Question of the WeekHow Do the Two Types of Loyalty Programs in the Retail Sector Differ? Coresight Research October 28, 2019 QUESTION OF THE WEEK: How Do the Two Types of Loyalty Programs in the Retail Sector Differ? The retail sector sees two major types of loyalty programs: proprietary and coalition. This document was generated for
Insight ReportWalgreens and CVS Step Up Digital Investments Coresight Research October 28, 2019 Executive SummaryConsumers are looking for convenience in buying and accessing medication and healthcare services. In the US, Walgreens and CVS are accelerating their investments in e-commerce and digital healthcare to compete with mass merchants and online pharmacies. Walgreens and CVS are improving the functionality of their mobile apps and offering fast delivery services on prescription drugs and other products. The two retailers are investing in more personal and accessible healthcare services. Walgreens and CVS continue to face competition from other players such as Walmart, Amazon and online-focused pharmacy companies. 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 CoverageSourcing Summit New York: Navigating the Shifting Supply-Chain Landscape Coresight Research October 28, 2019 Executive SummaryOn October 17, the Coresight Research team attended the Sourcing Journal’s Sourcing Summit New York. The event brought together supply chain executives to discuss existing challenges and new technologies in apparel. These are some of our key insights from the event: The fashion business has changed: It is being forged by more demanding consumers, an ever-changing retail landscape and the emergence of new technologies. Industry leaders are developing new strategies to mitigate sourcing costs. Digitally native direct-to-consumer (DTC) brands are focused on brand design, branding, and digital ads – and are looking for solutions that make their products cheaper, better and more efficient. Sustainable sourcing at scale is top of mind. This document was generated for
