Moscow is considered a tourist destination with sites such as The Moscow Kremlin, Red Square, St. Basil’s Cathedral and Bolshoi Theatre. The city is an attractive market for retailers due to its large population.
Latin America propelled Casino Group’s third-quarter sales, as French same-store sales proved broadly flat.
Total UK retail sales increased 3.6% year over year in September, broadly in line with the 3.8% average in the prior 12 months and up from 2.8% in August.
This week's note "From the Desk of Deborah Weinswig" looks at how three electronics retailers have thrived in the online shopping age, and the lessons they offer to retailers in other sectors.
The Emerging Technology Spotlight was held at Groceryshop 2019 on September 15. It featured 19 innovative, early-stage technology companies that have developed e-commerce and in-store solutions for grocery, food and CPG retailers. We offer an in-depth profile of each participating innovator.
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.
ASOS FY19 profits plummet, management notes it had “underestimated the impacts of large-scale operational change…on two continents simultaneously” and that the company was “not adequately prepared for the additional complexities of planning and trading across our expanded warehouse footprint.”
The use of data analytics is powering digital transformation in retail, from supply chain and in-store inventory management to customer service and engagement. In this report, we offer key insights into the growing adoption of analytics by the retail sector.
“Unstaffed” is a new store format that has emerged in recent years around the globe. In this report, we look at the development of this concept and associated technologies, as well as the challenges that unstaffed stores present to retailers.
LVMH reported 3Q19 sales of €13.3 billion, a 17.0% increase on a reported basis, and the Fashion & Leather Goods business grew sales 22.2% compared to the year-ago period. By region, Japan was the best-performing market over the quarter.
Fast Retailing reported FY19 revenues of ¥2.29 trillion ($48.1 billion), up 7.5%, and operating profit of ¥275.0 billion ($2.55 billion), up 9.1% from ¥225 billion ($2.09 billion) in the year-ago period.
Located in the Creative Quarter, Drury Street hosts high-end shops dedicated to high-quality Irish-designed products, fashionable interiors and gifts.
This week’s note “From the Desk of Deborah Weinswig” looks at disruption that the rise of private labels is causing for CPG brands, prompting them to expand their direct-to-consumer channels.
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.
Coresight Research attended Vera Bradley’s 2019 investor day on Oct 3, 2019, in New York City. The company expects to achieve $490 - $505 million sales in FY20, and to accelerate brand growth through a three-year plan.
