Insight ReportAmazon Prime Day 2019 Insights: US Coresight Research July 16, 2019 Executive SummaryAmazon kicked off its fifth annual Prime Day shopping extravaganza in the US at midnight Pacific Time on July 15. The company extended the sale to two full days from last year’s 36 hours, the longest Prime Day yet.. The company is promoting its own private labels and devices. Amazon is working intensively with celebrities and influencers via a dedicated “Star-Studded Deals” page. Amazon also brought Whole Foods into the event, offering incentives across channels. Coresight has been covering Amazon Prime Day since it was launched in 2015. Click here here to access our additional reports about 2019 and prior years. 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 ReportAmazon Prime Day 2019 Insights: Europe Coresight Research July 16, 2019 Executive SummaryKey insights from Europe: Prime Day 2019 started July 15 at midnight local time in the UK and eight other European markets and ran for 48 hours. Amazon offered Prime Day deals to shoppers in in the UK, Spain, the Netherlands, Luxembourg, Italy, Germany, France, Belgium and Austria. Amazon’s own electronic devices such as Echo Dot featured extensively, along with products from companies Amazon acquired such as smart home device manufacturer Ring. We noticed that Amazon’s private-label apparel brands had less visibility on the UK site than during previous Prime Days. For example, multicategory brand AmazonBasics and household and health private-label brands Presto! and Mama Bear appeared on top of searches when looking for deals in Amazon Brands. Coresight has been covering Amazon Prime Day since it was launched in 2015. Click here here to access our additional reports about 2019 and prior years. 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 ReportAmazon Prime Day 2019 Insights: India Coresight Research July 16, 2019 Executive SummaryThis year, Amazon ran its annual shopping event over two days, July 15 and 16. Key insights from India include: Deals on electronics and appliances featured prominently across the Amazon India site, including steep discounts on private-label and famous-brand digital devices. Amazon included a How to Shop Prime Day guide on the home page to help shoppers navigate deals and new users become Prime members. Indian shoppers flocked to social media to express their opinions on Prime Day, with some noting better prices from competing retailers. Coresight has been covering Amazon Prime Day since it was launched in 2015. Click here here to access our additional reports about 2019 and prior years. 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 ReportNew Retail Briefing: Oreo Launches New Flavors Inspired by Forbidden City; Tmall Gives Retailers New Tools to Innovate Storefronts Coresight Research July 16, 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: Oreo teamed up with Forbidden City to create a new line of sweets featuring traditional Chinese aesthetics. Tmall has given retailers new tools to redesign storefronts to boost store traffic. French luxury brand Chanel will launch a flagship store on Tmall Luxury Pavilion in August and started pre-selling its fragrance and beauty lines on July 5. 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 WeekWhere Do US Plus-Size Apparel Consumers Shop Most Often? Coresight Research July 15, 2019 Where Do US Plus-Size Apparel Consumers Shop Most Often? Walmart is the clear leader in terms of where US consumers shop for plus-size apparel, with one in five respondents saying they shop there most often. This document was generated for
Flash ReportAmazon Prime Day 2019 – Live Coverage Coresight Research July 15, 2019 Executive SummaryCoresight Research’s global team will have live coverage of Amazon Prime Day 2019, from Asia, Europe and the US throughout the event. Coresight Research estimates Amazon could generate approximately $5.8 billion in global product sales on Prime Day 2019, up by around half from our $3.9 billion estimate for 2018. Coresight has been covering Amazon Prime Day since it was launched in 2015 and additional reports can be accessed here. 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 DiveThe Internet of Things in Retail Coresight Research July 12, 2019 Executive SummaryThe Internet of Things (IoT) improves retail operations and transforms the consumer shopping experience. Key points of this report include: IoT provides more engaging in-store experiences and more straightforward ways to shop and pay. Retail operations benefit from more efficient inventory and supply chain management, customized shopping capabilities, in-store layout optimization and increased automation. Retailers adopt IoT by developing the technology in-house or by collaborating with external partners and providers. Large companies tend to adopt a hybrid strategy focused on in-house R&D and acquisition of external technology providers. Many retailers may find collaboration with technology firms and startups advantageous. We expect IoT to play an increasingly important role in retail in the future as the technology improves and its applications in retail become more efficient. Data firms Statista and Grand View Research expect the US IoT in retail hardware market to grow at a 16% CAGR in the next six years to 2025. The application of emerging technologies in IoT architecture — including blockchain and 5G — should drastically improve the security, connectivity and scalability that currently limits IoT systems, significantly encouraging further adoption in retail. 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 ReportJune 2019 US Same-Store Sales: Costco’s Comps Beat Consensus, Buckle’s Men’s Segment Boosts Sales, Cato’s Sales Rise Coresight Research July 12, 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. Our monthly US Same-Store Sales Report reviews comparable sales metrics reported by Costco, Buckle and Cato. Highlights from our June US Same-Store Sales report: In June, Costco’s same-store sales growth was slightly above the consensus estimate while e-commerce growth slowed from May’s solid 20.7%. Buckle posted an increase in same-store sales. Its men’s segment performed better than its women’s segment. Cato posted an increase in same-store sales. The company said June sales exceeded company expectations. 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 ReportKroger: A Timeline of Key Events Coresight Research July 12, 2019 Executive SummaryAs part of our Retailers’ Timelines series, we examine key events in Kroger’s recent history. In 2018 and 2019, Kroger started working with Microsoft, Ocado and Nuro in a bid to improve the consumer shopping experience. Kroger partnered with Microsoft to leverage its Azure cloud and artificial intelligence to introduce a retail-as-a-service (RaaS) platform to the retail industry. Kroger entered a strategic alliance with Ocado to build automated warehouses for online order fulfilment. In October 2018, Kroger partnered with Walgreens to test online order pickup at 13 Walgreens stores. In August 2018, Kroger partnered with Nuro to provide autonomous delivery service to customers. Fry’s store in Scottsdale, Arizona, was the first location to test grocery delivery by self-driving car. Kroger partnered with Alibaba in August 2018 to sell Simple Truth products on Alibaba’s Tmall Global e-commerce platform. To view more research related to Kroger, click here. Click here to read our full collection of Retailers’ Timelines. 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 Report30 Global Retail Cities: Dubai Coresight Research July 12, 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 10 innovative retail stores in each city, along with must-see shopping districts and major retail events. Click here to view the full 30 Global Retail Cities series. Highlights from Dubai: The immense Dubai Mall offers more shopping, dining and entertainment options than even the most dedicated shopper could handle. For jewelry, precious metals and gems, the Diera Gold Souk features more than 300 retailers in a traditional marketplace setting. The Dubai Design District is home to countless unique boutiques, galleries and contemporary retail concept stores. 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 28: Target to Open More Small-Format Stores Coresight Research July 11, 2019 Executive SummaryCoresight Research tracks news about store closures, openings and bankruptcies. Our Weekly US and UK Store Openings and Closures Tracker focuses on department stores and specialty retail stores, including, but not limited to, those selling softlines, hardlines, consumer electronics, groceries and furniture. 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 7,062 store closures and 3,017 store openings. This compares to 5,864 closures and 3,258 openings for the full year 2018. Year to date, UK retailers have announced 394 store closures and 479 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
Company Earnings UpdateFast Retailing (TSE: 9983) 3Q19 Results: Solid Revenue Growth, Company Maintains Outlook for Full FY19 Coresight Research July 11, 2019 Executive Summary Fast Retailing reported 3Q19 revenues of ¥555 billion ($5.1 billion), up 7.3%, and operating profit of ¥74.7 billion ($0.69 billion), up 9.3% from ¥68.3 billion ($0.63 billion) in the year ago period. By banner, revenues at Uniqlo Japan declined 0.5%; Uniqlo International revenues were up 15.3.6%; GU brand posted ¥68.1 billion ($0.63 billion) in revenue, up 12.1%. Global Brands (Theory, Comptoir des Cotonniers, Princess tam.tam) revenues were down 1.1%. For the full fiscal year, the company maintainted its forecast of consolidated revenues of ¥3 trillion ($21.16 billion) and an operating profit of ¥260 billion ($2.39 billion). 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
Analyst CornerWeinswig’s Weekly July 12, 2019 Coresight Research July 11, 2019 Executive Summary This week’s note “From the Desk of Deborah Weinswig” looks at the opportunities for Grocery Outlet in the US. US consumers borrowed more on their credit cards in May and also took out more student and auto loans, a modest sign of economic health. Consumer borrowing increased 5% that month, just below April’s 5.2% rise. UK-based home décor visualization startup DigitalBridge secured £3 million ($3.7 million) in funding from Maven’s Venture Capital Trusts and NPIF Maven Equity Finance. Alipay announced plans to donate ¥1 billion ($145 million) to Chinese women’s soccer team Steel Roses over the next decade, following a disappointing showing at the recent World Cup. 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
Event CoverageAAFA Fighting the Fakes: Insights from Hudson Yards, New York Coresight Research July 11, 2019 Executive SummaryThe Coresight Research team attended and participated in the American Apparel & Footwear Association’s Brand Protection Seminar held at the iconic Tapestry headquarters in New York’s recently opened Hudson Yards on July 11. These are some of the highlights: The current trade dispute between the US and China could end up with better IP protection in China – if the US is successful in securing the changes it is asking for. The global growth in online commerce has created opportunities – but also problems – for retailers: Industry players, including brands, shippers and service providers, are looking for solutions. Online platforms have grown in importance and offer brands and retailers amazing opportunities from sales to consumer engagement – but there are caveats. 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
Event PresentationPlatforms: Trends and Risks (AAFA) Coresight Research July 11, 2019 Executive SummaryThis presentation was given at the American Apparel & Footwear Association’s (AAFA) Brand Protection Seminar, titled “Fighting the Fakes.” It discussed why e-commerce platforms are relevant and discussed their risks and weaknesses and what they offer brands. Topics include: Shoppers begin their shopping journeys on Amazon and Tmall Amazon and online pure-plays are expanding offline Platforms can increase engagement through gamification 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
