Insight ReportCoresight Research Gears Up for Groceryshop 2019 Coresight Research September 12, 2019 Executive Summary The Coresight Research team will be in Las Vegas next week for Groceryshop, one of the biggest annual events in grocery and CPG. Coresight Research Founder and CEO Deborah Weinswig will emcee a session on the afternoon of Sunday, September 15 in which innovators will present their retail technology innovations. Coresight Research Founder and CEO Deborah Weinswig will also present highlights of A Buyer’s Guide to AI on the morning of Monday, September 16. 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 CoverageL Brands Investor Day, 2019: Revenue Growth Driven by Bath & Body Works; Product Innovation at Victoria’s Secret is #1 Priority Coresight Research September 12, 2019 Executive SummaryOn September 10, 2019, L Brands hosted its Investor Day in Columbus, Ohio. The company provided an overview of its three brands: Victoria’s Secret, PINK and Bath & Body Works. Highlights include: Revenue at L Brands has been driven by growth at BBW. L Brands is targeting PINK at 19-year-old college student-like consumers, a demographic that totals 30 million. PINK brand hopes to grow its “Seamless” workout business to $1 billion by 2022. BBW sees growth opportunity in aromatherapy and men’s business. L Brands is testing smaller format stores internationally called Victoria’s Secret Beauty and Lingerie. This document was generated for
Company Earnings UpdateRH (NYSE: RH) 2Q19 Results: Revenues Beat Consensus; Guidance Raised Coresight Research September 12, 2019 Executive Summary RH reported 2Q19 revenues of $706.5 million, up 10.3% year over year and beating the $669.3 million consensus estimate. Adjusted EPS was $3.20, comfortably beating the $2.69 consensus estimate. The company raised 2019 guidance on the back of this strong performance, guiding for adjusted net revenues of $2.68-2.69 billion (an increase of 7-8% year over year) and adjusted EPS of $10.53-10.76 versus prior guidance of $9.08-$9.52 and representing an increase of 25-28% year over year. This document was generated for
Company Earnings UpdateCasey’s General Stores (NASDAQ: CASY) 1Q20 Results: Revenue Above Consensus, Prepared Food and Grocery Fuel Growth Coresight Research September 12, 2019 Executive Summary Casey’s General Stores reported 1Q20 revenue of $2.63 billion, slightly above the consensus estimate of $2.61 billion and up 1.5% from 1Q19. Fuel segment revenue was up 2.9% year over year, revenue in grocery increased 6.7% and prepared food 5.3%. Casey’s General Stores will build 60 new stores and acquire 25 stores in FY2020. This document was generated for
Insight ReportTwo Months to Singles’ Day: Leveraging Juhuasuan and Alibaba’s Marketing Platform for 11.11 Coresight Research September 11, 2019 Executive SummarySingles’ Day, held annually on November 11, began as a festival of young Chinese people celebrating their pride in being single. Alibaba started promoting the day as a shopping day (now officially called the 11.11 Global Shopping Festival) back in 2009. Only 27 brands participated then, generating total gross merchandise volume (GMV) of $7.8 million. Last year, total GMV on Alibaba’s various platforms hit $30.8 billion, up 27% from the prior year and a huge 252% CAGR over the past nine years. Click here to read more Coresight coverage of Singles Day for the upcoming 2019 shopping event and prior years. In our monthly reports counting down to Singles’ Day, we help retailers prepare for the event. With two months to go, we discuss how companies can leverage the Juhuasuan platform and Alibaba’s brand marketing strategies for better results on Singles’ Day. 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 — Shopperations Coresight Research September 11, 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 Shopperations, which provides a marketing and collaboration tool that facilitates information sharing between retailers and brand marketers to help plan and execute marketing campaigns. 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 — Retail Aware Coresight Research September 11, 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 Retail Aware, a startup that makes micro and wireless smart sensor systems to measures audience and engagement in relation to a product or area in a physical environment. 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 — CoupDog Coresight Research September 11, 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 CoupDog, whose technology offers retailers and brands a blockchain-powered solution to manage the entire lifecycle of a digital coupon. 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 — Brandchat Coresight Research September 11, 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 Brandchat, a startup that leverages artificial intelligence (AI) to offer brands a conversational management platform to engage with shoppers via chat, voice and augmented reality (AR) channels. 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 DiveCoresight Matrix: Supply-Chain Analytics Software Coresight Research September 11, 2019 Executive SummaryKey Points This report is part of the Coresight Matrix series, a product that helps Coresight Research clients better understand what is happening in key segments and with key players in retail technology. This report examines the supply-chain analytics software segment and uses our Coresight Matrix to evaluate leaders and emerging players in terms of innovation effort and market power. Supply-chain analytics software came from the need for enterprises to manage and derive insights from a large amount of data to drive growth, improve profitability, gain market share and make better business decisions. Market drivers include contracting product life cycles, limited visibility into the supply chain and the need to predict customer demand. Supply-chain analytics software can cut inventory costs and get products to market faster. This software category functions in three key areas: analytics (which includes demand forecasting, purchasing and inventory optimization); operations (including warehouse, employee, distribution-center and transportation management); and, reporting (including financial analysis, sales and operations analytics and results visualization and reporting). Software tools such as artificial intelligence, including machine learning, can automate and improve forecasting and determine optimal inventory configurations. Players within the segment include large enterprises such as IBM, SAP and Oracle, in addition to midsize leaders such as SAS and Infor, as well as emerging innovators such as ClearMetal, Contguard, Elementum and Haven. 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 UpdatePrimark (LSE: ABF) FY19 Pre-Close Trading Update: On Track for Full-Year Margin Increase but FY20 Will Be Tougher Coresight Research September 10, 2019 Executive Summary Primark’s parent, Associated British Foods (ABF), reported its FY19 pre-close trading update on September 9. This report focuses on Primark, the company’s retail division. Primark FY19 comps were down 1% in the UK, down 3% in the eurozone and up (by an unspecified amount) in the US. Management expects to report a full-year increase in operating margin. Management expects to see a reduced margin in FY20, due to the strengthening of the dollar and the weakening of the pound. This document was generated for
Insight ReportSears: From American Icon to Chapter 11 — Reviewing the Path to Failure for a Storied, Century-Old Retailer Coresight Research September 10, 2019 Executive SummaryRichard Warren Sears and Alvah Curtis Roebuck founded Sears in 1893 and over the next century it grew into an icon of American retailing. On October 15, 2018, Sears filed for Chapter 11 bankruptcy protection and emerged out of it in early February 2019. We look at what happened. At the time of filing for bankruptcy, Sears operated around 687 Sears and Kmart Sears had not achieved annual revenue growth since 2005, the year Edward Lampert purchased Sears and merged the embattled retailer with mass merchandiser Kmart. The company’s last reported net profit was in fiscal 2010, when it recorded net income of $133 million. In February 2019, Sears emerged out of bankruptcy when the US Bankruptcy Court for the Southern District of New York approved a $5.2 billion bid, made by Lampert, saving the retailer from shutting down. 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 CoverageAlibaba’s Tmall Hosts Third Annual NYFW China Cool Day: A Fusion of Heritage and Innovation Coresight Research September 10, 2019 Executive SummaryOn September 4, 2019 Alibaba hosted its third annual China Cool Event in collaboration with New York Fashion Week (NYFW). Five Chinese fashion brands – Peacebird, Threegun, Songta, i-am-chen and Rizhuo – showcased their spring-summer 2020 collections at Spring Studios. Emerging Chinese brands Songta and i-am-chen’s runway shows were bold and colorful statements about the future of Chinese design. Two contemporary Chinese brands, Peacebird and Threegun, used the NYFW runway to merge traditional and contemporary designs with an emphasis on streetwear, youth culture, textures and modern tones. Modern brand Rizhuo mixed traditional Chinese fashion with modern Chinese styles to present a contemporary, luxe apparel collection. The China Cool event also included a three-day pop-up exhibition that featured cross-collaborations between designers and consumer goods brands, including qipao from Chinese snack company Hsu Fu Chi and clothing brand Tyakasha and a trench coat inspired by Hegii, a toilet and bathroom furniture manufacturer. This document was generated for
Flash ReportFred’s Files for Bankruptcy Protection, Plans to Close All Stores Coresight Research September 10, 2019 Executive SummaryOn September 9, 2019, retail discounter Fred’s announced that it had filed for Chapter 11 bankruptcy protection and plans to close all its stores. The company will begin to wind down operations and close locations over the next 60 days. As of May 4, 2019, Fred’s had 556 stores in 15 states in the US, including 169 with full-service pharmacies. This document was generated for
Insight ReportNew Retail Briefing: Alibaba Buys Kaola; Kuaishou Launches a “Trustworthy Goods Festival” Coresight Research September 10, 2019 Executive Summary“New Retail” is a model for integrating online retail, offline retail and logistics across a single value chain powered by data and technology. In this biweekly series, we cover important developments in New Retail in China and beyond. Here’s what’s happening: Alibaba acquired cross-border e-commerce platform Kaola for US$2 billion. Short video app Kuaishou achieved sales of over ¥100 million (US$14 million) in its first “Trustworthy Goods Festival,” which ran August 28-30. Fliggy and Alipay partnered with the San Diego Tourism Authority and Brand USA to encourage Chinese tourists to visit San Diego. US fashion brand Everlane launched a flagship store on Tmall Global. 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
