Event PresentationIn-Store Technology (ICSC RECON Manila) Coresight Research October 11, 2016 Executive SummaryAGENDA About US Global Retail Innovation Ecosystem TOP 15 In-store Innovation Trends 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 ReportChico’s FAS (CHS) Appoints Diane Ellis as President of the Chico’s Brand Coresight Research October 10, 2016 Executive Summary Chico’s FAS has named Diane Ellis President of the Chico’s brand, effective November 1, 2016. Ellis will oversee all business activities for Chico’s and will report to Chico’s FAS President and CEO Shelley Broader. Previously, Ellis served as CEO of The Limited.She has more than 35 years of retail 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 ReportWeekly Retail Promo Update Oct 9, 2016 Coresight Research October 9, 2016 Executive Summary Bloomingdale’s is running a similar number of promotional sales as it did last year. The retailer is running sales for more days this year: its Friends and Family sale lasts 11 days this year, versus nine last year. Bloomingdale’s is using text message marketing this week, which it did not use during this week last year. JCPenney is also promoting a similar number of sales this week as it did this week last year. The retailer is offering up to two online-exclusive promotions this week, but did not run any last year. Kohl’s is running fewer sales this year than it did during the same week last year. The company promoted its Kohl’s Card and Cash last year, but is not promoting them this week. Kohl’s is offering up to two online-exclusive promotions this week versus only one last year during the same week. The company did not use text message marketing this week, but did use it during this week last year. Macy’s is also offering fewer promotions this year than it did during the same week last year. The company ran a unique Macy’s Money promotion last year that it is not offering this week. Macy’s is featuring a two-day designer pop-up sale this week, but did not offer a similar sale last year. 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 ReportWeekly Retail Promo Update Oct 09, 2016 Coresight Research October 9, 2016 Executive Summary Bloomingdale’s ran more promotional sales during this week last year than it is running this year. The retailer is offering a longer-running Friends and Family sale this year; the sale will last up to 11 days this year, but ran for nine days last year. Bloomingdale’s is using text message marketing this week, which it did not use during this week last year. JCPenney is promoting a similar number of sales this week as it did the same week last year. In both years, the retailer offered an online-exclusive sale. Last year, JCPenney ran a two-day bonus cash promotion that it is not offering this year. Kohl’s is running fewer sales this year than it did during the same week last year. The company promoted its Kohl’s Cash in both years. Kohl’s offered up to three online-exclusive/in-store-exclusive sales last year, but is offering only one online-exclusive sale and no in-store-exclusive sales this week. Macy’s is offering a similar number of promotions this week as it did last year. The company ran a two-day designer pop-up promotion last year that it is not offering this year. 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 ReportWalgreens Boots Alliance Displaces CVS from Tricare Pharmacy Network Coresight Research October 7, 2016 Executive Summary Walgreens Boots Alliance (WBA) will replace CVS as the in-network pharmacy for Tricare, the healthcare program of the US Department of Defense Military Health System. Tricare, which accounts for $13 billion in prescription spending every year, will remove more than 9,600 CVS pharmacy stores from its network, while adding around 8,000 Walgreens stores. The change is expected to add $2.3 billion to Walgreens Boots Alliance’s top line, or $0.06–$0.08 in EPS, at the expense of CVS. 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 CornerWeekly Insights Oct 7, 2016 Coresight Research October 7, 2016 Executive Summary This week’s note “From the Desk of Deborah Weinswig” discusses the election fever currently gripping voters in the US and the coming election’s effect on shopping and Halloween spending. According to a report from Astound Commerce, m-commerce sales are up 40% this year, growing faster than e-commerce sales, which have increased by 11%. These figures show that mobile is the fastest-growing digital commerce channel. Italian eyewear group Luxottica and software giant Intel have launched a smart eyewear device called Radar Pace. The device allows real-time tracking of the wearer’s athletic performance, provides instant coaching and responds to voice commands. Toyota Motor unveiled a baby companion robot called Kirobo Mini in Japan, where plummeting birth rates have left many women childless. The product is a doe-eyed, palm-sized robot that speaks with a babylike, high-pitched voice. Toyota plans to sell the robot for ¥39,800 (US$392) in Japan next year. 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 ReportWalmart 2016 Investment Community Meeting: Bentonville, Ar, October 6, 2016 Coresight Research October 7, 2016 Executive Summary On October 6, Fung Global Retail & Technology attended the Walmart 2016 Investment Community Meeting, held at Walmart’s headquarters in Bentonville, Arkansas. Before the meeting, Walmart reiterated its fiscal year 2017 EPS guidance, guided for flat EPS in fiscal 2018 and provided an $11 billion capital-spending target for fiscal 2018. The guidance for flat EPS in fiscal 2018 and for EPS growth at the low end of the 5%–10% target range suggests that Walmart is currently in a transition stage, feeling the brunt of the store closures and repositioning itself for to return to more normalized growth in fiscal 2019 and beyond. Walmart’s e-commerce strategy centers on leveraging the relative strengths of the superstores, Walmart.com and Jet.com, and in China, JD.com, in which the company recently doubled its investment. The food business was a recurring theme: management noted that Walmart needs to win in food in the US and that the company is the leading digitally enabled food retailer internationally. 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 OutlookDeep Dive: US Furniture Market 2016 – Preferences and Trends Coresight Research October 6, 2016 Executive SummaryThese are our key takeaways on the US furniture market: The US furniture market has been growing since 2009, supported by a favorable macroeconomic environment. Furniture sales are expected to continue rising because home sales are increasing and consumers have switched expenditures back to furniture. The back-to-school season is the second-largest seasonal shopping period of the year and is expected to generate around $6.23 billion in furniture spending in the US this year, according to an NRF survey. Furniture e-commerce is growing fast in the US. However, there is still a gap between online product research and online furniture purchase. Many consumers prefer to research online but purchase in-store. Innovative products that connect furniture with smart phones or combine furniture with technology and fashion design are emerging in the US and globally. 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 ReportTesco (LSE: TSCO) 1H17 Results: Comps Strengthen as Volumes and Transaction Numbers Grow Coresight Research October 6, 2016 Executive Summary UK grocery giant Tesco reported 1.4% growth in first-half revenues to £27.34 billion, trailing the consensus estimate of £27.77 billion. UK comps strengthened to +0.6% and group comps improved to 1.0% at constant exchange rates. Comparable sales growth improved sequentially across the first half, and 2Q UK comps beat consensus. The gross margin grew and the SG&A ratio declined, leading the operating margin to climb to 2.2% before exceptional items, the net loss to fall and the loss per share to decline. EPS, before exceptionals, beat consensus. 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 PresentationGlobal Retail Reinvented Coresight Research October 5, 2016 Executive SummaryAGENDA Consumers Retailers Technology Opportunities 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 ReportQ&A with FaceCake Founder and CEO Linda Smith Coresight Research October 5, 2016 Executive Summary Focused on augmented reality since 2010, FaceCake Marketing Technologies describes itself as “a leader in augmented retail with a personalized, cross-device, targeted marketing platform. Combining patented technologies with intuitive user interfaces, FaceCake’s innovations in try-on allow consumers to virtually try individual or multiple products on their own images in real time, while instantly providing relevant product recommendations within each user session for superior personalization.” We were able to catch up with Linda Smith, Founder and CEO of FaceCake, to discuss the launch of the company’s new GlamScout mobile app, which allows users to visually search any beauty look, try it on using augmented reality (AR) and shop for the products used in the image. According to Euromonitor International, e-commerce and m-commerce are the fastest-growing retail platforms globally. In 2015, they totaled 6.4% of sales in the beauty space. We see new digital beauty services enhancing consumers’ shopping experiences and allowing them to make smarter purchase decisions. 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 OutlookGlobal Beauty E-Commerce – A Highly Attractive Market Coresight Research October 4, 2016 Executive SummaryThis report explores the scale, growth and shape of beauty e- commerce, with an emphasis on the market’s diversity and the role the Internet plays in product research and advice. In 2015, global consumers spent some $24 billion online on beauty and personal care products, according to Euromonitor International. This is equivalent to 6.5% of the total market, double the 3.3% online share seen back in 2010. Among major economies, China is by far the leader in terms of e-commerce’s share of beauty sales. In 2015, some 18.1% of all beauty and personal care product sales in China were made online. This compares to 10.6% in the UK and just 7.7% in the These top-line figures conceal the fact that there is no single “online beauty market,” as product subcategories see varying levels of online penetration and the channel is a collection of distinct subchannels, including subscriptions, luxury and grocery/mass market. Moreover, the online channel is disproportionately about research, advice and browsing. Brands and retailers are offering a growing suite of science-based advice that is available to consumers through their smartphones. Complementing this is the human element of social media, especially video—although brands generate relatively little of the beauty video content consumed 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 CoverageHighlights from Alchemist Accelerator Demo Day 2016 Coresight Research October 4, 2016 Executive Summary Alchemist Accelerator is a venture-backed accelerator focused on startups that are developing enterprise technologies. Alchemist has a reputation among investors as a place to source deals. Its backers include major enterprise players such as Cisco Systems, Foundation Capital, Khosla Ventures, Salesforce and Siemens. Announced in March of this year, the members of Class XIII consisted of 12 diverse US-based startups; the San Francisco–based accelerator program ran for six months. At Demo Day, the founders of the participating companies presented their businesses to Silicon Valley thought leaders, venture capitalists, entrepreneurs, media and others. The startups that presented were Choice AI, Verecho, Lendsnap, LeadIQ, Keewi, Flowcast, RankMyApp, Data Fellas, GoodTime.io, Clouber.io, Puloli, Geospago. 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 ReportH&M (SS: HM-B) 3Q16 Results: Sales Miss Consensus And Sharp Profit Erosion Coresight Research October 3, 2016 Executive Summary Swedish fast-fashion retailer Hennes & Mauritz AB (H&M) reported SEK49.0 million in net sales in the three months ended August 31, 2016. This was below the consensus estimate of SEK49.5 million and up 6.4% from SEK46.0 million in the three months ended August 31, 2015. The company did not provide comparable stores sales growth rates. Diluted EPS was SEK2.91 for 3Q16, down 9.3% from SEK3.21 in 3Q16 and in line with the consensus estimate. H&M expects group revenues including VAT to increase by 1% year over year in local currencies in September 2016. Sales in September have been negatively affected by unseasonably hot weather resulting in a challenging start to 4Q16. 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
Deep DiveDEEP DIVE: One Belt One Road – Impact On Western Multinational Companies Coresight Research October 3, 2016 Executive Summary The China-led One Belt One Road (OBOR) initiative will fund a network of infrastructure such as roads, railroads, ports, electricity and energy, and trade and finance ties between China and the countries along two routes: an overland route that links China with South and Southeast Asia, Central Asia, Russia and Europe, and a sea route that goes through the South China Sea and the Indian Ocean, and eventually reaches the Mediterranean Sea. We think that the following are key benefits for Western multinational companies: Infrastructure improvements will probably result in lower transit costs. Enhanced infrastructure will make it easier for Western firms to tap into the lower-wage economies along the OBOR. The OBOR initiative is likely to result in improvements in the business climate and in disposable income, which should bolster demand for consumer goods. Multinational brands will gain from enlarged catchment areas as a result of infrastructure upgrades. Additionally, infrastructure improvements are set to have direct positive impacts on companies in sectors such as logistics and tourism. We foresee challenges in the short-to-medium term as US and Western multinational companies grapple with the environment in some of the emerging markets along the OBOR. In the long run, we expect these challenges to be mitigated by gradual improvement in domestic regulatory environments and believe the rewards are more than justified by the risks. 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
