Insight ReportChina’s Midyear 6.18 Shopping Festival Wrap-Up: Lower-Tier Cities and Group Buying Become the Winning Formula Coresight Research June 20, 2019 Executive SummaryThe 6.18 shopping festival, created by JD.com, has grown to become a major midyear e-commerce event in China, with other e-commerce platforms joining in and offering discounts — including rivals Alibaba-owned Tmall and group buying platform Pinduoduo. E-commerce platforms including JD.com, Tmall and Pinduoduo reported strong sales during the 18-day 6.18 shopping festival, with JD.com reporting total transaction volume of $29.2 billion. Group buying has become one of the push factors for e-commerce platforms: Alibaba’s group buying platform Juhuasuan drew 300 million new customers during 6.18. Lower-tier cities (tier 3 and below) have become the main growth driver for 6.18 sales, with Pinduoduo reporting 70% of sales came from tier 3 and below cities. 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 CoverageInsights from Product Innovation Apparel New York Coresight Research June 20, 2019 Executive SummaryOn June 17-18, the Coresight Research team attended the PI Apparel New York conference. The event brought together retail industry disrupters to discuss retail challenges and coming technologies that can solve many of them. These are some of our insights from the event: 3D technology took center stage at the event: 3D allows faster decision making, lowers sample cost, offer a better synergetic environment and improves sustainability. Integration of product lifecycle management (PLM) and supply chain are critical: Time lost = sales lost. The digital skills deficit is increasing in tandem with the need for a data-driven approach to product quality: Big tech offers some solutions. Crafting a digital strategy, building a new operating model and infusing the right technologies are imperative for retailers and brands as they transition into the next generation of product creation. 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
Company Earnings UpdateOracle (NYSE: ORCL) 4Q19 Results: Exits the Year on a High Note, Strong Fusion Growth, Solid Full-Year Guidance Coresight Research June 20, 2019 Executive Summary Oracle reported fiscal 4Q19 revenues of $11.14 billion, up 1.1% year over year and ahead of the $10.93 billion consensus estimate. Adjusted EPS was $1.16, up 22.5% year over year and above the consensus estimate of $1.07. Cloud license and on-premise license was the fastest-growing segment, with revenues up 12.1% year over year. Fusion app revenue increased 36% in the quarter. Fiscal 2020 guidance calls for revenues to grow faster than FY19 in constant currency (faster than 3%) with double-digit EPS growth, versus the consensus of 10% EPS growth. 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 ReportSupply Chain Briefing: Robotics Brings Productivity to the Supply Chain and Speeds Last-Mile Delivery Coresight Research June 20, 2019 Executive SummaryIn our weekly Supply Chain Briefing series, we discuss how technology is transforming the various stages of the retail supply chain, including product design, demand forecasting, manufacturing, logistics, warehousing, last-mile delivery and sales. This report discusses robotics, a technology used extensively in supply chain in a variety of industries. Global spending on robotics and drones is estimated to grow from $115.7 billion in 2019 to $210.3 billion by 2022, according to market intelligence company International Data Corporation. Companies use robotics to enhance productivity at various stages of the supply chain. Robotics have various applications in the retail and apparel industries. 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 CoverageThree Insights from CES Asia 2019 Coresight Research June 19, 2019 Executive SummaryThe Coresight Research team attended CES Asia 2019 (formerly known as the Consumer Electronics Show Asia) in Shanghai, June 11-13. The themes included vehicle technology, 5G, artificial intelligence (AI), the Internet of Things (IoT), virtual reality, augmented reality, robotics and startups. “Smart retail” will bring newness to the industry: We saw how facial recognition technology and motion sensors can record consumer behavior and how smart shelves can provide additional information to shoppers. The next generation of smart home ecosystems is around the corner with technology firms and electronics companies competing in this space. Technology applications that bridge real-life scenarios and lighten what used to be “irreplaceable” work such as simultaneous translation are attracting attention. 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 CoverageNotes from the Infor Innovation Summit 2019: The Platform Continues to Add Capabilities, Particularly the Enablers of Modern Retail Coresight Research June 19, 2019 Executive SummaryCoresight Research attended the Infor Innovation Summit 2019, held June 3-4 in New York City. The event featured presentations from company leaders and customers. Enterprise software company Infor continues to expand the breadth of its solution, scaling its CloudSuites platform and offering multi-tenancy functionality. The company’s supply-chain management software uses predictive analytics to prevent issues before they occur, as well as to suggest remedies. The capabilities of Infor’s Coleman artificial intelligence platform are being made available on an increasing number of its platforms and packages. The company’s customer list includes more than 1,700 global retail and fashion customers, including 10 of the top 12 North American grocers and 48 of the top 50 North American retailers, and its Nexus commerce network manages $1 trillion in goods. Infor already offers a broad portfolio of products and functions for retail and announced several new products coming soon. 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
Company Earnings UpdateAdobe (NASDAQ: ADBE) 2Q19 Results: Beats Consensus Estimates, Strong Digital Experience Growth, Light Guidance Coresight Research June 19, 2019 Executive Summary Adobe reported fiscal 2Q19 revenues of $2.72 billion, up 25.0% year over year and beating the consensus estimate of $1.78 billion. Adjusted EPS was $1.83, up 10.2% year over year and beating the consensus estimate of $1.78. Digital Experience revenue was $784 million, up 34% year over year, which includes Magento and Marketo. The segment attracted new customers and grew Adobe’s addressable market. Fiscal 3Q19 revenue guidance of $2.80 billion was slightly below the $2.83 billion consensus estimate and adjusted EPS guidance of $1.95 was below the $2.05 consensus estimate. 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
Company Earnings UpdateH&M (OMX: HM-B) 2Q19 Update: Sales Beat Estimates; Transformation Work Intensifies Coresight Research June 18, 2019 Executive Summary H&M reported 2Q19 net sales of SEK 57.5 billion, up 11% year over year, a faster pace than the 10% recorded in 1Q19 and with revenues slightly ahead of the consensus estimate of SEK 57.2 billion recorded by StreetAccount. In local currencies, net sales increased by 6% year over year versus the 5.9% consensus estimate. H&M will publish its full 2Q19 report on June 27, 2019. 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: Prada Launches on Third-Party E-Commerce Platforms; Alipay Partners with Six European Mobile Payment Companies Coresight Research June 18, 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: Prada launched on third-party e-commerce platforms Secoo and JD.com in China. Southeast Asia e-commerce platform Lazada launched a “See Now, Buy Now” fashion show in Thailand. Alipay is partnering with six European mobile payment companies. Alibaba made Fengniao Delivery, Ele.me’s logistics arm, a standalone unit. 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 ReportMay 2019 US Monthly Retail Traffic and In-Store Metrics: Memorial Day and Mother’s Day Boost Traffic Coresight Research June 18, 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 US Monthly Retail Traffic and In-Store Metrics Report reviews year-over-year changes in selected store-based metrics, including sales, traffic and conversion rates. Highlights from our May Retail Traffic report: US store traffic declined 8.9% year over year in May. The conversion rate (CVR) advanced 0.2 percentage points, average transaction value (ATV) grew 4.1% and the product return rate was flat year over year. May’s traffic varied over the course of the four weeks: The third week of the month had the lowest decline of 4.8%. Traffic declined in week 1 by 11.8%, in week 2 by 9.5% and week 4 by 7.8%. The northeast experienced the largest decline in traffic at 12.5% and the west experienced the largest decline in sales at 7.0%. The west had the smallest decline in traffic at 7.5% and the south had the smallest decline in sales at 3.8%. 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 ReportWalmart Offers Competitive $98/Year Grocery “Delivery Unlimited” Service Coresight Research June 18, 2019 Executive SummaryWalmart is testing an unlimited grocery delivery service in select US markets called “Delivery Unlimited.” Walmart subscribers pay an annual fee of $98 or a monthly charge of $12.95 for unlimited delivery of online grocery orders. Driven by online grocery, Walmart’s e-commerce sales jumped 37% in 1Q20, and the company expects e-commerce sales to grow another 35% in FY20. Separately, Target last week expanded its same-day delivery service, which costs $9.99 per order. 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 ReportMay 2019 US Retail Sales: Slowdown Seen Across Sectors with Major Softening in Clothing and Department Stores Coresight Research June 18, 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 Retail Sales Report reviews the latest sector data published by the US Census Bureau. Highlights from our May US Retail Sales Report: Total US retail sales excluding gasoline and automobiles increased 3.2% year over year in May, weakening from the revised 5.8% year-over-year rise in April. Furniture stores sales increased 1.2% year over in May, slightly above April’s 1.1% growth. The clothing sector saw sales drop 2.4% in May, compared to a 3.9% increase in April. Department store retailers posted a sales decline of 3.3%, worsening from a 0.9% fall in April. In May, nonstore retailers saw sales rise 11.4% year over year, lower than the 12.9% reported in April. 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 ReportRetail-Tech Landscape—Reality Technology Coresight Research June 17, 2019 Executive SummaryReality Technology—Augmented Reality (AR), Virtual Reality (VR) and Mixed Reality (MR)—offers innovative ways of engaging with consumers. This retail-tech landscape lists notable reality technology startups focusing on applications including virtual try-on, marketing and social commerce. To read our deep-dive report on how reality technology is changing the way consumers shop and how 5G will contribute to accelerating its adoption in retail, click here. To view more of our Innovator Landscapes spotlighting innovative retail-tech start-ups that are disrupting the retail industry, click here. 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 Consumers Shop for Beauty, Grooming and Personal Care Products? Coresight Research June 17, 2019 QUESTION OF THE WEEK: Where Do US Consumers Shop for Beauty, Grooming and Personal Care Products? Walmart is America’s most-shopped retailer for beauty, grooming and personal care products, based on the proportion of respondents that purchased from the company in the past 12 months. Amazon and Target are its closest competitors. This document was generated for
Flash ReportAlibaba and JD.com Eyeing the Russian Market Coresight Research June 17, 2019 Executive SummaryChinese e-commerce companies Alibaba and JD.com are eyeing the Russian market. They have both recently formed partnerships with Russian companies in the e-commerce space. Alibaba will form a joint venture AliExpress Russia JV with the Russian Direct Investment Fund and two Russian companies, MegaFon and Mail.ru Group. JD.com partnered with Russian e-commerce platform Yandex.Market in a deal that will see the latter begin selling JD.com goods from this month. 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
