Insight ReportQuick Take: 17 Shocking Moments in 2017 Coresight Research December 29, 2017 Executive SummaryThere were a number of “shocking moments” in retail and tech in 2017, and we summarize 17 of them in this report. The number of store closure announcements in the US has increased 229% year over year, as of December 22, and continues to exceed store openings. The year saw luxury brands move online, with notable e-commerce players striking deals with some of the big names in luxury. 2017 has also been a year of consolidation, with a surge in M&A and investment activity. 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 December 29, 2017 Coresight Research December 29, 2017 Executive Summary This week’s note “From the Desk of Deborah Weinswig” discusses post-Christmas retail activity, including gift returns, new shopping holidays and gift card redemptions. Americans supplied a final flurry of spending to give retailers their best holiday season sales since 2011. US year-end holiday retail sales rose by 4.9% compared with the same period last year. Online retail sales similarly increased, rising by 18.1%. The number of Boxing Day bargain-hunting shoppers on UK high streets and at shopping centers fell at a rate “greater than expected” this year. Footfall fell by 4.5% during the day through 5 p.m., marking the fifth drop on Boxing Day over the last six years. French retailer Carrefour unveiled a new hypermarket in Warsaw earlier in December that features a range of new digital retail solutions. Shoppers can order any products unavailable in-store through one of the 19 interactive screens at the hypermarket. 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 DiveDeep Dive: The Challenges of an Aging Population—South Korea Coresight Research December 27, 2017 Executive SummaryIn this report, we examine the rapidly changing demographic makeup of South Korea, the implications an aging population has on its economy and the various policies the government has put in place to address this issue. In 2016, the number of seniors (those aged 65 and over) in South Korea had reached 6.8 million, or 13% of the total population, according to UN data. Some 46% of seniors in the country were living in poverty in 2015, according to the OECD. The life expectancy rate in South Korea jumped to 82 years in 2015 from 62 years in 1970, while the fertility rate (i.e., the number of children born per woman) declined to 1.2 children from 4.5 children. Doubling nearly every 15 years, South Korea’s senior population is seeing the fast growth among the major global economies and emerging markets. 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 UpdateFinish Line (FINL) Fiscal 3Q17 Results: EPS Beats Estimates; Raises Guidance Coresight Research December 22, 2017 Executive Summary Finish Line reported fiscal 3Q17 revenues of $378.5 million, up 1.8% from 3Q16 and beat the consensus estimate of $361.0 million. Adjusted EPS was $(0.26), beating the consensus estimate of $(0.36). Comparable sales declined by 0.8% year over year, and above the consensus of (4.5)%. For FY18 (ending March 3, 2018), Finish Line expects a 2%-3% decrease and EPS of 0.59–$0.67, up from the prior guidance of $0.50-0.60 due to the outperformance in 3Q 2017. 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 December 22, 2017 Coresight Research December 22, 2017 Executive Summary This week’s note “From the Desk of Deborah Weinswig” is the second of two where we look back at the retail year in review. This week, we discuss 2017’s notable retail collaborations. Target agreed to purchase grocery delivery startup Shipt for $550 million, stepping up its challenge to Amazon by speeding the rollout of same-day shipping. The all-cash deal will let Target customers order groceries and other goods online, and then have the items sent directly to their doors from nearby Target stores. In November, UK retail sales grew by 4.8% year over year, well ahead of inflation and recovering from soft growth in October, according to the Office for National Statistics. Grocery retailers and electrical goods specialists enjoyed robust year-over-year growth, owing to Black Friday sales. Amazon likely doubled its sales to become the biggest Internet retailer in Mexico this year, helping to grow the country’s nascent e-commerce market by a third, according to a report by market research firm Euromonitor International. 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 UpdateNike (NKE) Fiscal 2Q18 Results: Beats Consensus Estimates and Maintains Guidance Coresight Research December 22, 2017 Executive Summary Nike reported 2Q18 adjusted EPS of $0.46, beating the consensus estimate of $0.40. Revenues increased by 5% year over year to $8,554 million from $8,180 million in the year-ago period, beating the consensus estimate of $8,390 million. Revenues for the Nike brand were $8,136 million billion in the second quarter, up 4% on a constant-currency basis, driven by international sales and growth in the sportswear and Nike basketball categories. The company provided revenue guidance in line with that provided in 1Q, expecting 3Q revenue growth to be in the low single-digit range and full-year revenue growth in the mid 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
Insight ReportLuxury Meets Streetwear Coresight Research December 21, 2017 Executive Summary Traditionally, high-end fashion houses and luxury brands conceptualized new trends and styles, which were then copied by mainstream and mass-market retailers. However, in the past few years, luxury brands have increasingly been taking style inspiration from streetwear and skateboard trends and incorporating more sporty and casual urban aesthetics into their designs. Luxury brands are adapting to changing times and striving to attract and connect with a younger and more diverse customer base, grooming the next generation of loyal luxury customers. Multiple luxury fashion houses and brands such as Louis Vuitton have been partnering with streetwear brands and introducing sneaker- and streetwear-inspired products. 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 Presentation2017 in Review (Celect) Coresight Research December 20, 2017 Executive SummaryAGENDA Introduction to Celect & FGRT Major Retail Trends 5 Shocking Moments of 2017 2018 – The Breakout Year for AI? 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 Reworked, Part 2: Shifting Consumer Demands and Behaviors Coresight Research December 19, 2017 Executive SummaryIn our three-part Retail Reworked series, we consider changes in spending trends, consumer demands and channel adoption, with a focus on the impact that digital channels and services are having on retail. In this second report in the series, we discuss three prominent trends in shopper behavior and consider the drivers behind them: “I want convenience and immediacy.” Today’s shoppers commonly expect retailers to deliver added convenience such as on-demand services. “I am willing to sacrifice convenience for savings.” Shoppers have flocked to limited-service stores that arguably offer the antithesis of convenience, such as off-price stores, grocery discount stores, warehouse clubs and dollar stores. “I want alternatives to conventional retail.” Surveys show that a significant proportion of consumers are interested in renting products and trying services such as beauty box subscriptions. 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 UpdateH&M (STO: HM-B) 4Q17 Sales Update: Constant Currency Sales Decline 2% Coresight Research December 18, 2017 Executive Summary H&M reported that total sales decreased by 2% year over year in local currencies in 4Q17, the period from September 1 to November 30, 2017. The company did not provide a new store growth percentage figure, unlike in previous trading update releases. Management stated that sales development in 4Q17 was significantly below expectations. Sales were negatively impacted by reduced footfall in brick-and-mortar stores and imbalances in parts of the H&M merchandise assortment composition. 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 PresentationUS 2016 HOLIDAY HOMESTRETCH: Performance to Date Bodes Well for Holiday Coresight Research December 15, 2017 Executive SummaryAGENDA Holiday Homestretch: Performance to Date Bodes Well for Holiday Holiday Shopping Season Lengthened Some Retailers Shut their Doors on Thanksgiving Thanksgiving/Black Friday Store Traffic Declined Modestly but Showed Improvement over Recent Years Black Friday Online Sales Hit Record, Mobile Drove Growth Comments from Retailers on Black Friday Results Cyber Monday Set Online Sales Record 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
Analyst CornerWeinswig’s Weekly December 15, 2017 Coresight Research December 15, 2017 Executive Summary This week’s note “From the Desk of Deborah Weinswig” is the first of two where we look back at the retail year in review. This week, we discuss 2017’s notable retail mergers, acquisitions and investments. In some US apparel categories, private labels combined account for 20% of the market, according to The NPD Group, which means that store brands in aggregate are larger than any single brand. French commercial property giant Unibail-Rodamco is set to buy Australian mall operator Westfield in a cash and share deal valued at $24.7 billion. Mobile payment and lifestyle platform Alipay has launched its latest Double 12 Global Shopping Festival in 15 countries spanning four continents. Alipay will introduce campaigns for its strategic partners’ local e-wallet users for the first time. 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 UpdateCostco Wholesale (COST) Fiscal 1Q18 Results: Big EPS Beat, Solid Revenues Coresight Research December 15, 2017 Executive Summary Costco reported fiscal 1Q18 EPS of $1.45, up 17.1% from the year-ago quarter and beating the consensus estimate of $1.34. Revenues were $31.8 billion, up 13.2% year over year and beating the consensus estimate of $31.1 billion. Comps increased by 10.5% year over year and e-commerce revenues grew by 43.5%. The FY18 consensus estimate calls for revenues of $137.5 billion (up 6.6%) and EPS of $6.46 (up 6.0%). 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 UpdateInditex (BME: ITX) 9M17 Results: Strong Sales, but Margin Erosion Coresight Research December 14, 2017 Executive Summary Inditex reported 9M17 revenues of €18.0 billion, an increase of 9.5% year over year. Comparable store sales remained strong. The company’s EBIT increased by 6.1% year over year in the nine-month period, to €3.0 billion, while its EBIT margin contracted by 50 basis points year over year, to 16.7%. For the trading period from November 1 through December 11, 2017, Inditex’s store and online sales increased by 13% year over year in constant-currency terms. 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 Presentation4Q2017 Recap and Holiday Homestretch (Planalytics) Coresight Research December 14, 2017 Executive SummaryAGENDA Favorable Macro Backdrop Performance to Date Bodes Well for Holiday Spending Overall We Remain Optimistic About Our Holiday Sales Forecast of 3%–4% Growth Black Friday Online Sales Set a Record, Driven by Mobile Cyber Monday Remains the Biggest Online Shopping Day in the US Thanksgiving–Black Friday Store Traffic Declined Modestly but Showed Improvement over Recent Years More Shoppers than Expected Kicked Off the Holiday Season Comments from Retailers on Black Friday Results 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
