Flash ReportTarget to Pilot Test Grocery Delivery with Instacart Coresight Research September 17, 2015 This document was generated for
Insight ReportMorrisons Dissecting Its New Direction Coresight Research September 16, 2015 Executive Summary Faltering UK grocer Morrisons has unveiled a new strategy that effectively means rowing back on some of the changes it has introduced in recent years. Out go its convenience store estate, fancy in-store merchandising and, probably, its still-new loyalty card program. In comes a back-to-basics focus on its core supermarkets, localized offerings and lower prices. The changes come six months after David Potts was brought in as CEO to replace Dalton Philips, who had introduced many of the changes now being undone. The announcement came as Morrisons revealed that first-half comps (ex fuel) had declined by 2.7% and that first-half operating margins were down to 2.1% from historical levels of 5% plus. 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 ReportTesla Over-the-Top P85D Receives an Over-the-Top Rating Coresight Research September 15, 2015 Executive Summary “The Tesla Model S P85D is the top-rated car we’ve ever tested!” – Consumer Reports Magazine The Model X will be released at the end of September 2015 Tesla will begin taking preorders for the new Model 3 in March 2016 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 ReportMacy’s Store Closures Update Coresight Research September 14, 2015 Executive Summary Macy’s announced plans to close 35 to 40 underperforming stores, which generate combined sales of roughly $300 million The closures, planned for early next year, represent approximately 1% of total sales. This document was generated for
Analyst CornerWeekly Insights Sep 11, 2015 Coresight Research September 11, 2015 Executive Summary This week, the FBIC Global Retail & Technology team attended the Goldman Sachs 22nd Annual Global Retailing Conference. Department store giant Macy’s plans to open 10 Best Buy stores-within-a-store in November, as Macy’s seeks to better leverage its real estate. China’s top transportation app startup, Didi Kuaidi, has now raised US$3 billion in total funding, on top of the US$2 billion it raised in July, whereas Uber is tentatively seeking to raise US$1.2 billion for its China business. Germany’s largest retailer, Metro Group, is forming an e-commerce partnership with Alibaba that will allow Chinese consumers to purchase more than 100 German products on Alibaba’s Tmall website. This document was generated for
Flash ReportChina Puts a Damper on the Beauty Category Coresight Research September 10, 2015 Executive Summary On Friday, September 4, L’Oréal lowered its forecasted growth for the cosmetics category in 2015 to around 3.5%, down from its previous expectations of 3.5%–4%. That said, the company did not adjust its expectations for its own sales performance for the second half of the year. In its most recent update on July 30, L’Oréal said it had expected industry sales growth to accelerate in the back half of the year based on improved demand in Western Europe and the US. L’Oréal’s sales grew by 3.6% in the second quarter, excluding acquisitions, disposals and currency swings. Asia-Pacific sales grew by 4.1% in the period, slowing from 5.8% in the first quarter. The lowered expectations are due to the slowdown in China. We estimate that sales in China are down roughly 5%. The Asia-Pacific region represents 35% of global cosmetics sales, and is the largest market for the category. This document was generated for
Insight ReportJohn Lewis Continues to Evolve Its Multi-Channel Proposition Coresight Research September 10, 2015 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 ReportAugust 2015 US Same-Store Sales Coresight Research September 4, 2015 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 Same-Store Sales Report reviews comparable sales metrics reported by Costco, Buckle and Cato. 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 CornerWeekly Insights Sep 4, 2015 Coresight Research September 4, 2015 Executive Summary Next week, on September 10, UK budget retailer Primark will open its much-anticipated first US location, a 70,000-square-foot store in Boston, the first of eight initial locations in the US The limit for a single payment made through a contactless card in the UK, which allows users to pay with a single swipe of their card without having to enter a PIN or sign, has been raised from £20 to £30 (US$31 to $46) Home Depot plans to moderate its number of new store openings in Mexico to five to six annually, investing MXN500 million (US$29.5 million) this year to bring its store count there to 116 by the end of the year The Henn-na Hotel in Nagasaki, Japan is populated almost entirely by robots, who check in guests at the front desk, while an automated cart takes luggage to guests’ rooms, obsoleting human workers This document was generated for
Analyst CornerWeekly Insights Aug 28, 2015 Coresight Research August 28, 2015 Executive Summary Irish low-price fast-fashion chain Primark will make its US debut on September 10 in Boston, with seven locations gained in a deal with Sears TravelersBox is an Israeli startup that offers kiosks in which travelers can deposit leftover foreign currency and transform it into gift cards from brands such as Starbucks, H&M, Skype, PayPal, iTunes and others The new Ralph Lauren PoloTech smartshirt blends modern style with realtime biometric technology, measuring heart rate, breathing, movement, energy output, stress levels, steps, and calories burned Rite Aid completed its acquisition of 12 in-store pharmacies from A&P. Rite Aid is buying inventory and pharmacy records for $2.3 million and $5.7 million, respectively This document was generated for
Insight ReportWeChat MOVES INTO CHINA’S BOOMING MOBILE PAYMENT MARKET Coresight Research August 26, 2015 Executive Summary WeChat takes on Alipay in the mobile payments market, with WeChat Wallet. WeChat’s existing 600 million user base will help it to narrow the gap with Alipay. Apple is hoping to launch Apple Pay in China. So competition for dominance in mobile payments will intensify 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 PresentationDoing Business in China Coresight Research August 26, 2015 Executive SummaryAgenda China’s Market Potential Chinese Consumers Chinese E-commerce Market US Business Sentiment And Strategy Cross-border E-commerce 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 PresentationThe Collision of Digital Health the Consumer and Wearables Coresight Research August 24, 2015 Executive SummaryAGENDA Digital Health Medication Adherence Specialty Pharmacy—Biosimilars Docs-in-a-box and Telemedicine Silver Generation Spending Trends Technical Beauty Wearable Tech Cool Startups Impact of Chinese Tourists Mobile Commerce 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 CornerWeekly Insights August 21 2015 Coresight Research August 21, 2015 Executive Summary Earlier this month, Amazon signed a 10-year lease on a former Tesco warehouse near London, fueling speculation that it is set to launch its AmazonFresh grocery operation in the UK TV shopping network QVC is buying flash-sales e-tailer Zulily for $2.4 billion, paying a 49% premium to its pre-announcement price Southeast Asia’s leading transportation app, GrabTaxi, has raised $400 million in a round led by China’s sovereign wealth fund Several US fast-food chains are opening new outlets in Brazil, receiving favorable leases while peers are consolidating This document was generated for
Event Presentation2015 Back-to-School Outlook Coresight Research August 15, 2015 Executive SummaryOverview – Too Much Stuff and No Excitement Consumer purchase mentality—What do we need now? A Just in Time Shopper Macy’s reacts to this shopping behavior by rolling out same-day delivery to additional stores Look for traditional shopping seasons to continue to blur Black Friday style sales in July Harder for retailers to post sales and earnings gains. Continued IT investments—Mobile, Click & Collect, Personalization, Omnichannel—all mandatory to maintain share Most categories hovering in deflationary territory 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
