Insight Report30 Global Retail Cities: Honolulu Coresight Research September 13, 2019 Executive SummaryWith this series, 30 Global Retail Cities, we profile the world’s major shopping cities – from fashion capitals such as Milan to shopping hubs such as Honolulu and Bermuda. We curated the top retail stores in each city, along with must-see shopping districts, major retail events innovative store formats. Click here to view the full 30 Global Retail Cities series. Highlights: Honolulu Fashion Week was launched in 2014 to celebrate the local fashion industry and up-and-coming fashion designers. Ala Moana Center is Hawaii’s largest shopping center. It is an open-air shopping mall where customers can find over 300 merchants. Roberta Oaks is a men’s and women’s lifestyle brand. The products range from Aloha shirts, day dresses and unique Hawaiian and American made accessories & lifestyle goods. 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 — September 13, 2019 Coresight Research September 13, 2019 Executive Summary This week’s note “From the Desk of Deborah Weinswig” looks at how warehouse clubs have been upping their digital games following the Amazon–Whole Foods acquisition. In the news this week: In the US, Fred’s filed for Chapter 11 bankruptcy protection, months after the pharmacy and discount retailer began shuttering hundreds of stores. In Europe, online apparel retailer Zalando is testing artificial intelligence-powered 3D scanning technology to cut size-related returns. In India, Amazon has partnered with Indian Railways to install pickup kiosks in the CSTM, Thane, Dadar and Kalyan railway stations in Mumbai. This document was generated for
Company Earnings UpdateMorrisons (LSE: MRW) 1H20 Results: Sharp Downturn in Retail Comps Coresight Research September 13, 2019 Executive Summary Morrisons reported 1H20 revenues of £8.83 billion, slightly above the consensus estimate of £8.8 billion. 1H20 comparable sales were up 0.2% year over year: Retail contributed (1.1)% to group comps while wholesale contributed 1.3%. The retail segment saw a sharp downturn in the second quarter: Its contribution to group comps fell from 0.2% in 1Q20 to (2.4)% in 2Q20. Management cited demanding comparatives from 2018 as the reason. This document was generated for
Event CoverageCountdown to Groceryshop 2019: Innovator Spotlight Profiles — Simplista Coresight Research September 13, 2019 Executive Summary The Coresight Research team will be attending and participating in the Groceryshop 2019 conference, which runs September 15-18 in Las Vegas. The conference is expected to bring together over 3,000 attendees and more than 200 speakers. We’ll be talking about the transformation of the retail industry, shifts in consumer behavior and innovations that are helping retailers keep up with fast-changing consumer expectations. On September 15, Coresight Research CEO and Founder Deborah Weinswig will emcee the Emerging Technology Spotlight session in which 20 innovative, early-stage technology companies (pre-Series A) will present solutions that solve major retail problems. The companies include: Adrich, Datasembly, ShopperMotion, Simporter, Oriient, Pick ‘n’ Watch, SuperUp, Tastry, Tiliter Technology, BrandChat, CoupDog, RetailAware, Shopperations, AGTools, Babylon, Gather AI, Leaf Logistics, Macondo Ventures, MeisterDish and Simplista. In this report we profile Simplista, which simplifies and automates the product listing process between retailers and suppliers to cut the time from selecting a product to getting it onto store shelves and online. This report is part of our 2019 Countdown to Groceryshop: Innovator Profiles series. To view the other reports in this series, click here. This document was generated for
Event CoverageCountdown to Groceryshop 2019: Innovator Spotlight Profiles — Meisterdish Coresight Research September 13, 2019 Executive Summary The Coresight Research team will be attending and participating in the Groceryshop 2019 conference, which runs September 15-18 in Las Vegas. The conference is expected to bring together over 3,000 attendees and more than 200 speakers. We’ll be talking about the transformation of the retail industry, shifts in consumer behavior and innovations that are helping retailers keep up with fast-changing consumer expectations. On September 15, Coresight Research CEO and Founder Deborah Weinswig will emcee the Emerging Technology Spotlight session in which 20 innovative, early-stage technology companies (pre-Series A) will present solutions that solve major retail problems. The companies include: Adrich, Datasembly, ShopperMotion, Simporter, Oriient, Pick ‘n’ Watch, SuperUp, Tastry, Tiliter Technology, BrandChat, CoupDog, RetailAware, Shopperations, AGTools, Babylon, Gather AI, Leaf Logistics, Macondo Ventures, MeisterDish and Simplista. In this report we profile Meisterdish, which offers a software-as-a-service (SaaS) solution that enables grocers to build and market on-demand meal kits for in-store pick up. This report is part of our 2019 Countdown to Groceryshop: Innovator Profiles series. To view the other reports in this series, click here. This document was generated for
Event CoverageCountdown to Groceryshop 2019: Innovator Spotlight Profiles — Macondo Ventures Coresight Research September 13, 2019 Executive Summary The Coresight Research team will be attending and participating in the Groceryshop 2019 conference, which runs September 15-18 in Las Vegas. The conference is expected to bring together over 3,000 attendees and more than 200 speakers. We’ll be talking about the transformation of the retail industry, shifts in consumer behavior and innovations that are helping retailers keep up with fast-changing consumer expectations. On September 15, Coresight Research CEO and Founder Deborah Weinswig will emcee the Emerging Technology Spotlight session in which 20 innovative, early-stage technology companies (pre-Series A) will present solutions that solve major retail problems. The companies include: Adrich, Datasembly, ShopperMotion, Simporter, Oriient, Pick ‘n’ Watch, SuperUp, Tastry, Tiliter Technology, BrandChat, CoupDog, RetailAware, Shopperations, AGTools, Babylon, Gather AI, Leaf Logistics, Macondo Ventures, MeisterDish and Simplista. In this report we profile Macondo Ventures, which offers camera-based software to track employee activity in distribution and fulfillment centers, then converts that information into insights for workflow optimization. This report is part of our 2019 Countdown to Groceryshop: Innovator Profiles series. To view the other reports in this series, click here. This document was generated for
Company Earnings UpdateHudson’s Bay Company (TSX: HBC) 2Q19 Results: Secures 25% Equity Stake in Le Tote Joint Venture, Cuts Store Portfolio 25% Coresight Research September 13, 2019 Executive Summary Hudson’s Bay Company (HBC) reported 2Q19 revenues of C$1.85 billion, down 0.5% year over year and below the consensus estimate of C$2.13 billion. The company reported adjusted 2Q19 EBITDA of C$52 million, down 50.9% from the year-ago period. For the quarter, comparable sales were down 0.4%. By banner, Saks Fifth Avenue comps were up 0.6%, Hudson’s Bay comps decreased 3.4%, and comparable sales at Saks OFF 5TH increased 3.4%. The company did not offer 3Q19 or full year guidance. This document was generated for
Company Earnings UpdateOracle (NYSE: ORCL) 1Q20 Results: In-Line Quarter, Year on Track, CEO Taking Health-Related Leave Coresight Research September 13, 2019 Executive Summary Oracle reported fiscal 1Q20 revenues of $9.22 billion, up 0.2% year over year and slightly below the consensus estimate. Adjusted EPS was $0.81, up 13.7% year over year and in line with the consensus estimate. Cloud license and on-premise license was the fastest-growing segment, with revenues up 3.0% year over year. The cloud ERP businesses, which includes Fusion ERP and NetSuite ERP, grew 33% in the quarter. The company did not change fiscal 2020 guidance, which calls for revenues to grow faster than in FY19 in constant currency (faster than 3%) and double-digit EPS growth. This document was generated for
Company Earnings UpdateKroger (NYSE: KR) 2Q19 Results: Strong Same-Store Sales and EPS Beat Coresight Research September 13, 2019 Executive Summary For 2Q19, ended August 17, Kroger reported same-store sales growth ex fuel of 2.2%, ahead of the consensus estimate of 1.8% and strengthening from 1.5% in the prior quarter. Adjusted EPS of $0.44 was ahead of the $0.41 consensus. Management confirmed FY19 guidance of same-store sales growth of 2.0-2.25% and EPS of $2.15-2.25. However, management did not reconfirm guidance for $400 million of incremental operating profit from the Restock Kroger plan by FY20. This document was generated for
Store TrackerWeekly US and UK Store Openings and Closures Tracker 2019, Week 37: Fred’s Files for Bankruptcy; Plans to Close All Stores Coresight Research September 13, 2019 Executive SummaryOur Weekly US and UK Store Openings and Closures Tracker reports on store closures, openings and bankruptcies. Click here to view our full collection of Weekly US and UK Store Trackers. In the US, year-to-date announced closures have already exceeded the total we recorded for the full year 2018. Coresight Research estimates announced US store closures could reach 12,000 by the end of 2019. So far this year, US retailers have announced 8,558 store closures and 3,446 store openings. This compares to 5,844 closures and 3,258 openings for the full year 2018. Year to date, UK retailers have announced 431 store closures and 633 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 CoverageCountdown to Groceryshop 2019: Innovator Spotlight Profiles — Leaf Logistics Coresight Research September 12, 2019 Executive Summary The Coresight Research team will be attending and participating in the Groceryshop 2019 conference, which runs September 15-18 in Las Vegas. The conference is expected to bring together over 3,000 attendees and more than 200 speakers. We’ll be talking about the transformation of the retail industry, shifts in consumer behavior and innovations that are helping retailers keep up with fast-changing consumer expectations. On September 15, Coresight Research CEO and Founder Deborah Weinswig will emcee the Emerging Technology Spotlight session in which 20 innovative, early-stage technology companies (pre-Series A) will present solutions that solve major retail problems. The companies include: Adrich, Datasembly, ShopperMotion, Simporter, Oriient, Pick ‘n’ Watch, SuperUp, Tastry, Tiliter Technology, BrandChat, CoupDog, RetailAware, Shopperations, AGTools, Babylon, Gather AI, Leaf Logistics, Macondo Ventures, MeisterDish and Simplista. In this report we profile Leaf Logistics, a startup that uses predictive analytics and artificial intelligence to create a freight contracting platform. This report is part of our 2019 Countdown to Groceryshop: Innovator Profiles series. To view the other reports in this series, click here. This document was generated for
Deep DiveAmazon Apparel UK: An Analysis of Almost 2 Million Product Listings Coresight Research September 12, 2019 Executive SummaryIn collaboration with competitive intelligence provider DataWeave, we aggregated and analyzed data on almost 2 million women’s and men’s clothing products listed on Amazon.co.uk. We identified 1.9 million women’s and men’s clothing products listed on Amazon.co.uk — we feel confident calling this the UK’s biggest selection of apparel. The scale of Amazon’s fashion offering has been supported by cheap, generic-style brands shipped from overseas sellers — mainly in China. These brands are the most-listed brands on Amazon Fashion. Amazon also has a large number of brands that list just a few products. Once we strip out the 10 most-listed obscure brands, the average brand on Amazon Fashion lists 366 products. Amazon’s UK site remains predominantly a marketplace for third-party sellers, despite Amazon’s efforts to build its reputation as an apparel retailer, including by developing private labels. The most-listed famous brands on Amazon Fashion are Adidas, Under Armour, Nike and Puma — reflecting the strength of sportswear on the site. Amazon UK’s flagship apparel private label is called Find, and we found 1,475 products under the brand, split 70% in womenswear, 30% in menswear. 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 CoverageCountdown to Groceryshop 2019: Innovator Spotlight Profiles — Gather AI Coresight Research September 12, 2019 Executive Summary The Coresight Research team will be attending and participating in the Groceryshop 2019 conference, which runs September 15-18 in Las Vegas. The conference is expected to bring together over 3,000 attendees and more than 200 speakers. We’ll be talking about the transformation of the retail industry, shifts in consumer behavior and innovations that are helping retailers keep up with fast-changing consumer expectations. On September 15, Coresight Research CEO and Founder Deborah Weinswig will emcee the Emerging Technology Spotlight session in which 20 innovative, early-stage technology companies (pre-Series A) will present solutions that solve major retail problems. The companies include: Adrich, Datasembly, ShopperMotion, Simporter, Oriient, Pick ‘n’ Watch, SuperUp, Tastry, Tiliter Technology, BrandChat, CoupDog, RetailAware, Shopperations, AGTools, Babylon, Gather AI, Leaf Logistics, Macondo Ventures, MeisterDish and Simplista. In this report we profile Gather AI, which provides a software-only autonomous inventory management platform for warehouses by using a fleet of drones. This report is part of our 2019 Countdown to Groceryshop: Innovator Profiles series. To view the other reports in this series, click here. This document was generated for
Event CoverageCountdown to Groceryshop 2019: Innovator Spotlight Profiles — Babylon Micro-Farms Coresight Research September 12, 2019 Executive Summary The Coresight Research team will be attending and participating in the Groceryshop 2019 conference, which runs September 15-18 in Las Vegas. The conference is expected to bring together over 3,000 attendees and more than 200 speakers. We’ll be talking about the transformation of the retail industry, shifts in consumer behavior and innovations that are helping retailers keep up with fast-changing consumer expectations. On September 15, Coresight Research CEO and Founder Deborah Weinswig will emcee the Emerging Technology Spotlight session in which 20 innovative, early-stage technology companies (pre-Series A) will present solutions that solve major retail problems. The companies include: Adrich, Datasembly, ShopperMotion, Simporter, Oriient, Pick ‘n’ Watch, SuperUp, Tastry, Tiliter Technology, BrandChat, CoupDog, RetailAware, Shopperations, AGTools, Babylon, Gather AI, Leaf Logistics, Macondo Ventures, MeisterDish and Simplista. In this report we profile Babylon Micro-Farms, which offers an indoor hydroponic growing technology for grocery stores and restaurants. This report is part of our 2019 Countdown to Groceryshop: Innovator Profiles series. To view the other reports in this series, click here. This document was generated for
Event CoverageCountdown to Groceryshop 2019: Innovator Spotlight Profiles — AGTools Coresight Research September 12, 2019 Executive Summary The Coresight Research team will be attending and participating in the Groceryshop 2019 conference, which runs September 15-18 in Las Vegas. The conference is expected to bring together over 3,000 attendees and more than 200 speakers. We’ll be talking about the transformation of the retail industry, shifts in consumer behavior and innovations that are helping retailers keep up with fast-changing consumer expectations. On September 15, Coresight Research CEO and Founder Deborah Weinswig will emcee the Emerging Technology Spotlight session in which 20 innovative, early-stage technology companies (pre-Series A) will present solutions that solve major retail problems. The companies include: Adrich, Datasembly, ShopperMotion, Simporter, Oriient, Pick ‘n’ Watch, SuperUp, Tastry, Tiliter Technology, BrandChat, CoupDog, RetailAware, Shopperations, AGTools, Babylon, Gather AI, Leaf Logistics, Macondo Ventures, MeisterDish and Simplista. In this report we profile AGTools, which collects and analyzes a wide array of data related to agricultural products to better inform “agribusiness operators” – from farmers to distributors to marketers – planning, delivery and marketing in order to reduce waste, lower distribution costs and improve profitability. This report is part of our 2019 Countdown to Groceryshop: Innovator Profiles series. To view the other reports in this series, click here. This document was generated for
