June 12, 2019 Flash Report Register for Free Access Hudson’s Bay Company Reviewing Proposal to Go Private, Announces Sale of German Operations for $1.5 BillionHBC announced that a special committee is reviewing a shareholder proposal to privatize the company. HBC also announced it had entered into an agreement to sell its real estate in Germany for $1.5B.
June 12, 2019 Deep Dive Premium Reality Technology in RetailReality technology comprises virtual reality (VR), augmented reality (AR) and mixed reality (MR). This report shows how the technology is changing the way consumers shop and how 5G will contribute to accelerating its adoption in retail.
June 11, 2019 Flash Report Register for Free Access Unilever to Acquire Skincare Brand Tatcha for a Reported $500 MillionUnilever has signed an agreement to acquire the prestige skincare brand Tatcha. Unilever reportedly paid almost $500 million for the brand.
June 11, 2019 Company Earnings Update Register for Free Access Ascena Retail Group (NASDAQ: ASNA) 3Q19 Results: Mixed Results, Comps Beat Consensus for Most BrandsAscena Retail Group reported fiscal 3Q19 revenues of $1.27 billion, below the consensus estimate of $1.43 billion, and down year over year.
June 11, 2019 Flash Report Register for Free Access Salesforce to Acquire Leading Analytics Company Tableau for $15.7 BillionOn June 10, 2019, Salesforce announced an agreement to acquire business analytics and data visualization company Tableau for $15.7 billion in stock. The acquisition is expected to close in 3Q19.
June 11, 2019 Insight Report Premium May 2019 US Same-Store Sales: Costco’s Comps Below Consensus, Buckle’s Sales Drop, Cato’s Comps Meet Management ExpectationsIn May, Costco’s same-store sales growth was below the consensus estimate, although its e-commerce segment continued to post strong growth. Buckle posted a decrease in same-store sales, impacted by poor performance in its women’s segment.
June 10, 2019 Question of the Week Free Report What Drives Beauty Product Purchase Decisions Among US Millennials?QUESTION OF THE WEEK: What Drives Beauty Product Purchase Decisions Among US Millennials?
June 10, 2019 Company Earnings Update Register for Free Access Ollie’s Bargain Outlets (NASDAQ: OLLI) 1Q19 Results: Revenues Beat Consensus but Comps Miss, Guidance Remains In LineOllie’s reported 1Q19 revenues of $324.9 million, up 17.8% and beating the $319.2 million consensus estimate. Adjusted EPS was $0.46, up 12.5% and beating the consensus estimate by 2 cents.
June 7, 2019 Insight Report Premium 30 Global Retail Cities: Los AngelesLos Angeles is the entertainment capital of the world, but LA is all about fashion, too: The fashion industry employs more than 87,000 – more than New York City.
June 7, 2019 Insight Report Premium Father’s Day Gift Ideas from Innovative Companies Emphasize Personalization, Sustainability, Subscriptions and GroomingCoresight Research has selected five inspiring Father’s Day gift ideas from innovative brands including GiftNow, Same But Different, MYRO, Birchbox Grooming, and OneBlade.
June 7, 2019 Analyst Corner Register for Free Access WEINSWIG’S WEEKLY JUNE 7 2019This week’s note “From the Desk of Deborah Weinswig” looks at the massive changes technology has brought to retail over the years – and what’s coming next.
June 7, 2019 Store Tracker Databank Members Weekly US and UK Store Openings and Closures Tracker 2019, Week 23: Abercrombie & Fitch to Shut Flagship StoresCoresight Research tracks news about store closures, openings and bankruptcies. Our Weekly US and UK Store Openings and Closures Tracker focuses on department stores and specialty retail stores, including, but not limited to, those selling softlines, hardlines, consumer electronics, groceries and furniture.
June 7, 2019 Company Earnings Update Register for Free Access Five Below (NASDAQ: FIVE) 1Q19 Results: Revenues Beat Consensus While Comps Falls ShortFive Below reported 1Q19 revenues of $364.8 million, up 23.1% year over year and beating the $364.2 million consensus estimate.
June 7, 2019 Insight Report Premium US-China Trade Issues: The Battle for FootwearOn June 1, China increased tariffs on 5,000 categories of US goods worth of $60 billion, in response to the US move to increase tariffs on $200 billion worth of Chinese goods
June 6, 2019 Market Navigators/Market Outlook Premium Sector Overview: US Home and Home Improvement RetailersUS consumer confidence appears to have peaked and spending preferences are still directed at home improvement, but the growth rate of spending on home improvement is expected to slow.
