Insight ReportDigital Disrupts Consumer Packaged Goods Coresight Research May 13, 2019 Executive SummaryAdvances in digital technology have changed how the consumer packaged goods (CPG) industry operates. Digital technology has driven changes in production processes, distribution channels and inventory management: E-commerce has served as a growth impetus for CPG, enabling a more direct connection between brands and customers and giving brand owners greater control over the supply chain. The subscription model blends well with fast-moving consumables. Collecting data as consumers review and shop products online has allowed CPG companies to tailor marketing campaigns to drive conversion. Machine learning can optimize demand forecasting and enable better inventory management. 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 JD.com Logistics Tour: Three Cool Things You Need to Know About JD Logistics Coresight Research May 13, 2019 Executive SummaryThe Coresight Research team joined JD.com on a tour to show off the company’s logistics prowess. In this report, we discuss a few of the things we found most intriguing. JD.com has: Developed and deployed robots to support last-mile delivery. Tested drone delivery to bring e-commerce to remote areas. Launched “white glove” service to offer a high-end delivery experience. 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 Report30 Global Retail Cities: Shanghai Coresight Research May 10, 2019 Executive SummaryIn 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 have curated the top retail stores in each city, along with must-see shopping districts, major retail events and innovative store formats. Click here to view the full 30 Global Retail Cities series. These are our highlights from Shanghai: Every year, the city holds Shanghai Fashion Week, as well as Shanghai Black Fashion Week – the first and only fashion event in China aimed at discovering diverse and emerging fashion designers. Unstaffed stores are becoming more common in Shanghai, with stores such as Moby Mart and Suning Biu. The K11 shopping mall is considered a “museum retail concept,” integrating art into the six-floor mall. 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 MAY 10 2019 Coresight Research May 10, 2019 Executive Summary This week’s note “From the Desk of Deborah Weinswig” looks at the nascent but fast-growing use of wearable technology in retail. In the US, Seattle-based Flexe raised $43 million to expand its capabilities. The company operates like Airbnb but for warehouse space, matching empty space to retail clients needing it. Sephora will launch its first outlet in Korea in October, in the capital city’s upscale Gangnam district. Sephora plans to launch five more physical stores and an online store in Korea by next year. Walmart Chile announced the company plans to invest $260 million to build more than 20 new stores. The company will also invest $36 million to remodel existing stores. 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 UpdateMorrisons (LSE: MRW) 1Q20 Trading Update: Group Comps Below Expectations, Access to Ocado Erith Fulfilment Center Suspended Coresight Research May 10, 2019 Executive Summary Morrisons reported group same-store sales growth of 2.3% excluding fuel, below the consensus estimate of 2.5% recorded by StreetAccount. The company agreed with its online grocery service provider Ocado that Morrisons’ access to the new Erith customer fulfilment centre (CFC) will be suspended until January 2021. Ocado will no longer be Morrisons’ exclusive digital partner. 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
Store TrackerWeekly US and UK Store Openings and Closures Tracker 2019, Week 19: CVS Shuts Underperforming Stores Coresight Research May 10, 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. Highlights from this week’s Store Tracker: 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 6,196 store closures and 2,724 store openings. This compares to 5,864 closures and 3,239 openings for the full year 2018. Year to date, UK retailers have announced 321 store closures and 368 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
Market Navigators/Market OutlookUS Furniture Market 2019 Coresight Research May 9, 2019 Executive SummaryWe review the recent development of, and outlook for, the $114 billion US furniture retail market. The US furniture industry has been on a steady growth curve driven by a strong economy, with consumer spending on furniture reaching $114.2 billion in 2018, up 6.7%, according to the US Bureau of Economic Analysis (BEA). Uncertainty in the housing sector as housing permits and starts decline represent headwinds. Millennials, the largest consumer group in the US, have become a key target market for furniture retailers, and retailers are shifting offerings to more effectively reach this group. E-commerce as a channel for furniture shopping is becoming increasingly popular, especially among millennials, and companies such as Amazon and Wayfair have capitalized on this trend to become formidable players in the sector. Brick-and-mortar stores remain the format of choice for the majority of US consumers, but establishing a strong omni-channel presence has become imperative in a sector in which research online, purchase offline is commonplace. 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 ReportInsights from China: The Second Belt and Road Forum Coresight Research May 9, 2019 Executive SummaryIn our weekly series Insights from China, we examine issues that affect international brands and retailers in China. We cover areas such as policy, consumer behavior, consumer sentiment, government regulations and the competitive landscape — as they affect the business operations and future outlook. This week, we review the second Belt and Road Forum held in Beijing from April 25-27, 2019. 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 UpdateAhold Delhaize (ENXTAM: AD) 1Q19 Results: EPS in Line with Consensus, Lowers FY19 EPS Guidance Coresight Research May 9, 2019 Executive Summary Ahold Delhaize reported 1Q19 net sales of €15.88 billion, up 1.5% year over year at constant exchange rates (up 6.3% as reported), and slightly below the consensus estimate of €15.96 billion recorded by StreetAccount. The company reported diluted EPS from continuing operations of €0.38, up 15.2% year over year and in line with the consensus estimate. Ahold Delhaize lowered its guidance on EPS and now expects underlying earnings per share from continuing operations to grow by a low-single-digit percentage compared to earlier guidance of high single digits. 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
Market Navigators/Market OutlookEnterprise Wearables: A Dynamic Market Coresight Research May 8, 2019 Executive SummaryIn this report, we review the market for enterprise wearables: Devices used in business environments for work. We estimate global shipments for enterprise wearables were approximately 10.4 million units in 2018, and expect this total to reach more than 23 million units by 2022. Bring Your Own Device (BYOD) has gained traction and increased the services, applications and data stored on devices, including the amount of data exchanged between devices. Of the five companies with the largest global share in wearable shipments, only Apple, Fitbit and Samsung have wearable offerings for business. The need for employees to stay connected in stores is expected to drive the market for wearables in retail, while the wearable market in healthcare is expected to be driven by advancements in health trackers. 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 ReportUS and China Quarterly Economic Update: Data Shows Resilience in US and China Economies Coresight Research May 8, 2019 Executive SummaryIn this report, we discuss recent macroeconomic indicators from the US and China: US GDP increased by an annual seasonally adjusted rate of 3.2% in the first quarter of 2019, versus 2.2% in the fourth quarter of 2018. US industrial output decreased at an annual seasonally adjusted rate of 0.3% in the first quarter of 2019. GDP in China increased 6.4% year over year in the first quarter of 2019, the same as the previous quarter. 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 UpdateNCR (NYSE: NCR) 1Q19 Results: Revenues and EPS in Line, Investing in Digital Growth Programs Plus Recurring Revenue Coresight Research May 8, 2019 Executive Summary NCR reported 1Q19 revenues of $1.54 billion, up 1.3% and slightly ahead of the consensus estimate. Adjusted EPS was $0.48, down 14.3% and in line with the consensus estimate. Banking revenue increased 5.1% year over year, whereas retail revenue declined 1.9% and hospitality revenue declined 5.4%. The company reaffirmed its 2019 guidance of 1%-2% revenue growth and adjusted EPS guidance of $2.75-$2.85 (up 5%-9%) and in line with the $2.81 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 UpdateJohnson Controls (NYSE: JCI) 2Q19 Results: Mixed/In-Line Quarter, Raises 2019 EPS Guidance Coresight Research May 8, 2019 Executive Summary Johnson Controls reported fiscal 2Q19 revenues of $5.78 billion, up 2.6% and in line with the consensus estimate. Organic growth was 6%. Adjusted EPS from continuing operations was $0.32, beating the consensus estimate by two cents. Revenues in the field business (building solutions) grew 3%, and 6% organically. Revenues in the products business grew 2%, and 7% organically. Backlog increased 6% year over year. The company raised its 2019 EPS guidance to $1.85-$1.95 (up 16%-23%) from $1.75-$1.85 (up 10%-16%). 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 ReportRetail-Tech Landscape: Blockchain Coresight Research May 7, 2019 Executive SummaryBlockchain has the potential to disrupt retail by decentralizing processes to make operations more efficient and secure. This retail-tech landscape lists notable blockchain startups focusing on retail applications including supply chain, traceability, Internet of Things (IoT) integration and payments. To read our deep-dive report on how retailers can deploy blockchain technology across their operations, 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
Flash ReportPresident Trump Threatens Additional Tariffs on Chinese Imports Ahead of Crucial Trade Talks Coresight Research May 7, 2019 Executive SummaryOn May 5, US President Donald Trump threatened to escalate tariffs on goods imported from China, just ahead of a planned series of meetings this week some were hoping would end the trade dispute. Trump threatened to increase tariffs on $200 billion worth of Chinese goods from 10% to 25% on May 10, and impose 25% tariffs “shortly” on an additional $325 billion worth of Chinese goods. There are rumors that Chinese officials might cancel this week’s talks in Washington that many expected to be the final round of negotiations, but during a Monday news conference, a spokesman for China’s Ministry of Foreign Affairs said the trade delegation is still preparing to travel to the US for the talks. Stock markets fell on the news: Dow Jones Industrial Average futures declining around 66.47 points or 0.3% end of day Monday US local time, sliding more than 450 points earlier on Monday morning. 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
