Insight ReportAmazon’s Ambitious Plan to Disrupt Convenience Stores—and Maybe Quick Service Restaurants, Too Coresight Research December 4, 2018 Executive Summary AmazonGo stores are small, cashierless, checkout-free convenience stores that primarily offer on-the-go food options in metropolitan areas. Amazon may be able to take advantage of growing consumer preferences for fast on-the-go healthy food options, but will also have to contend with increasing rents and high startup costs for new stores. The launch of AmazonGo stores coincided with the acquisition of Whole Foods, the withdrawal of its AmazonFresh pure-play operation from some US regions and the merging of its Prime Now and AmazonFresh operations. These moves appear to support our long-standing view that it is much more difficult to make pure-play Internet retailing work in the grocery category than in nonfood categories 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 ReportTen Days of Holiday Innovators, 2018: Day 10 – Olivers, a Men’s Athletic Apparel Brand Coresight Research December 3, 2018 Executive SummaryTo kick off the 2018 holiday shopping season, Coresight Research is featuring daily profiles of 10 innovative companies that span health and wellness; apparel, footwear and accessories; and beauty. Each of our Ten Days of Holiday Innovators profiles provides a company overview, insight into what makes the company innovative and the company’s recommended “must-have” gift for 2018. In this, the final report in our series, we look at Olivers Apparel. Olivers specializes in men’s performance athletic apparel. According to the company’s founder and CEO, Olivers was launched in a small California workshop with a handful of fabric swatches and a vision to create a simpler wardrobe of everyday men’s athleticnecessities. Oliverslaunched on Kickstarter in 2013 with the All Over Short. At the time, the funding campaignwas one of the 10 most successful apparel Kickstarter campaigns in history. 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 ReportHoliday 2018: US and UK Digital Retail Trends—Amazon May Lose Prime Momentum in the Crucial Fourth Quarter Coresight Research December 3, 2018 Executive SummaryIn this report, we examine five online shopping trends that we expect to be prominent in the US and the UK this holiday season. In previous holiday periods, Amazon’s revenue growth has been supported by growth in the Prime program. This year, Amazon may lose that support, as growth in Prime membership rates has faltered over the past few months, according to survey data. Many consumers use multiple shopping channels before making their final purchase decisions, and we expect this trend to strengthen during the holiday season. E-commerce will account for more than the oft-cited “just 10%” of retail sales in the US. We estimate that the online channel will capture more than 20% of all US nonfood retail sales for the first time this holiday and more than 30% of all UK nonfood sales for the first time. More consumers will use voice assistants at various stages of the purchase journey this holiday. However, voice commerce will remain challenging for both consumers and retailers, as shoppers cannot see products or browse easily when shopping via voice assistant and retailers’ opportunities to cross-sell products and build larger basket sizes (which yield more favorable economics) are highly limited with voice commerce. Social media will boost sales traffic more than it has in the past this holiday season due to a combination of two factors: consumers are researching more before buying and the number of fashion influencers with large social media followings is growing. Click here to read Coresight’s coverage on US holiday retail and gain key retail insights for 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
Store TrackerWeekly Store Openings and Closures Tracker 2018, Week 48: Gap Plans Store Closures in the “Hundreds” Coresight Research November 30, 2018 Executive SummaryCoresight Research tracks store closures, openings and bankruptcies for a select group of retailers in the US and the UK. Our Weekly Store 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: Year-to-date (YTD) 2018, the number of US store closure announcements stands at 5,468 and the number of store openings is 3, Gap is likely to close “hundreds” of stores. Gymboree is considering closing half its stores. Sears is looking for buyers for over 500 stores. YTD in the UK, there have been 1,394 store closure announcements and 783 store opening announcements. 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 NOVEMBER 30, 2018 Coresight Research November 30, 2018 Executive Summary This week’s note “From the Desk of Deborah Weinswig” discusses what we have learned from visiting and analyzing Amazon’s physical stores. The Thanksgiving Day and Black Friday kickoff of the US holiday shopping season showed the increasing preference for online purchases, as more Americans opted to stay home and use their smartphones and sales and traffic at brick-and-mortar stores declined. Some forecasters are predicting that UK shoppers likely spent more than £7 billion ($9 billion) across Black Friday and Cyber Monday. Swedish furniture and home products company IKEA announced that it will open the world’s largest store, at the SM Mall of Asia in the Philippines, in 2020. IKEA will invest $134 million in the 700,000-square-foot store, which will offer 9,000 products and also have a warehouse, an e-commerce facility and a call center. This document was generated for
Flash ReportTop Takeaways from the Bengaluru Tech Summit 2018, Day 1 Coresight Research November 30, 2018 Executive SummaryOn November 29, the Coresight Research team attended the first day of the Bengaluru Tech Summit, taking place November 29–December 1 in Bengaluru, India. Here are our key takeaways from the first day of the event: There is a significant shortage of cybersecurity and artificial intelligence (AI) experts. Improving AI applications for India is a challenge, as algorithms need vast masses of data. Data need to be better integrated and not housed in siloes. Data need to be of better quality in order to produce effective results. This document was generated for
Insight ReportOctober 2018 Monthly Consumer Update: US, UK and China Coresight Research November 30, 2018 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 Consumer Update rounds up key metrics that reflect consumer demand in the US, the UK and China. We focus on direct, leading indicators of the health of the consumer economy: wage growth, price changes and retail sales growth. Highlights from our October Consumer Update: Year-over-year growth in US retail sales strengthened, but a jump in gas-price inflation threatens to squeeze consumers’ wallets. UK retail sales growth slowed as consumers pulled back on big-ticket categories in the month preceding Black Friday. Chinese retail sales growth softened slightly. 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 ReportTen Days of Holiday Innovators, 2018: Day 8— Vbeauté Pure Luxury Skincare Coresight Research November 29, 2018 Executive SummaryTo kick off the 2018 holiday shopping season, Coresight Research is featuring daily profiles of 10 innovative companies that span health and wellness; apparel, footwear and accessories; and beauty. Each of our Ten Days of Holiday Innovators profiles provides a company overview, insight into what makes the company innovative and the company’s recommended “must-have” gift for 2018. In this, the eighth report in our series, we look at Vbeauté Pure Skincare. The Vbeauté Pure Luxury Skincare is a clean, toxin-free beauty brand, without parabens, colorants, mineral oils and petrolatum, fragrances and harsh chemicals. Vbeauté products are formulated using BIOS-certified organic ingredients. Vbeauté Pure Luxury Skincare was created in 2012 by Julie Macklowe, a former New York City hedge fund manager. After undergoing a thyroidectomy at age 38, Macklowe created the line without parabens, dyes and fragrance because she felt there was a market opportunity to be health-conscious while maintaining skincare benefits. Vbeauté Pure Luxury Skincare formulations use botanical resources from Switzerland including Swiss aronia berries, stone pine from the Alps and Swiss glacier water. 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 – November 2018 Coresight Research November 29, 2018 Executive SummaryThis is the third report in our Retailers’ Timelines series. In this report, we examine a timeline of key events in Kroger’s recent history that have shaped it into the retailer it is today. In 2018, Kroger has accelerated its digital and e-commerce efforts to better compete with online giants Amazon and Walmart. Additionally, Kroger has made several strategic alliances and acquisitions, such as its May 2018 partnership with Ocado to build automated warehouses. In October 2018, Kroger partnered with Walgreens to test online order pickup at 13 Walgreens stores. Kroger partnered with Alibaba in August 2018 to sell Simple Truth products on Alibaba’s Tmall Global e-commerce platform. In December 2015, Kroger acquired Roundy’s Supermarkets for $800 million, adding the Pick ’n Save, Metro Market and Mariano’s banners to its family of stores. In August 2014, Kroger bought online health retailer Vitacost for $280 million. To view more research related to Kroger, click here. This timeline has been updated. Click here to view the updated timeline. 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 Holiday 2018: Giving Tuesday—Generosity Rules the Day Coresight Research November 29, 2018 Executive SummaryThe Tuesday after Thanksgiving, known as “Giving Tuesday,” is an unofficial start to year-end charitable contributions. Ahead of the day, Whole Whale, a consultancy focused on nonprofits and for-benefit companies, forecast that charities would raise a total of $363 million this Giving Tuesday. In 2017, 2.5 million charitable gifts worth $300 million were donated online: this year $363 million was projected by Whole Whale. The Giving Tuesday movement had people from 150 countries participate in 2017, with 42 countries home to official, independently led Giving Tuesday movements. Almost half of those 65 years and older plan to donate financially this holiday season and more than a quarter of young millennials will donate financially. Click here to read Coresight’s coverage on US holiday retail and gain key retail insights for 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
Company Earnings UpdateDick’s (DKS) 3Q18 Results: Below Expectations and Raises Full-Year EPS Guidance Coresight Research November 29, 2018 Executive Summary Dick’s Sporting Goods reported 3Q18 revenues of $1.86 billion, down 4.5% year over year and below the consensus estimate of $1.88 billion. Diluted earnings per share (EPS) was $0.39, below the year-ago quarter of $0.35 and above the consensus estimate of $0.26. Adjusted for the calendar shift, due to the 53rd week in 2017, the consolidated same store sales declined 3.9% compared to the consensus estimate of (3.8)%. Dick’s Sporting Goods raised its full year earnings per share guidance to $3.15–$3.25, up from the previous guidance of $3.02–$3.20 and compared to the consensus estimate of $3.14. The company reaffirmed its expectations for comp sales to be in the range of (4)%–(3)% compared to the consensus estimate of (3.3)%. This document was generated for
Insight ReportAhold Delhaize: A Timeline of Key Events Coresight Research November 29, 2018 Executive SummaryThis is the fourth report in our Retailers’ Timelines series. In this report, we chronicle key events in Ahold Delhaize’s recent history. The period between 2016 and 2018 saw the merger of retail giants Ahold and Delhaize, with the companies devising strategies to realize synergies. Since the announcement of the merger, Ahold Delhaize has made significant divestments in order to comply with competition regulations imposed by the US Federal Trade Commission (FTC) and the Belgian Competition Authority (BCA). Ahold Delhaize’s key strategies for 2018 include improving and expanding its store network, upgrading its digital capabilities and enhancing its omnichannel offering. The company has made significant investments in remodeling stores under the Food Lion banner ($168 million) and the Giant Food banner ($22 million) in 2018. Frans Muller took over as CEO of Ahold Delhaize on July 1, 2018, after the position was vacated by Dick Boer. 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
Company Earnings UpdateTencent (0700.HK) 3Q18 Results: Solid Revenue Growth Despite Slowdown in Gaming Coresight Research November 28, 2018 This document was generated for
Analyst CornerWeinswig’s Weekly Nov 16, 2018 Coresight Research November 28, 2018 This document was generated for
Store TrackerWeekly Store Openings and Closures Tracker 2018, Week 47: Advanced Sports Enterprises to Shut 40 Stores Coresight Research November 28, 2018 Executive SummaryCoresight Research tracks store closures, openings and bankruptcies for a select group of retailers in the US and the UK. Our Weekly Store 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: Year-to-date (YTD) 2018, the number of US store closure announcements stands at 5,468 and the number of store openings is 3,060. Advanced Sports Enterprises will shut 40 stores. David’s Bridal has filed for bankruptcy. YTD in the UK, there have been 1,394 store closure announcements and 783 store opening announcements. B&Q will reportedly sell six 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
