April 9, 2019 Insight Report Premium 2019 Tax Tracker Week 9: Filings Still Down with Two Weeks to Go Until April 15US income tax refund tracker: Filings are still down year over year, and average refund amounts are down slightly with two weeks to go until tax day.
April 5, 2019 Flash Report Register for Free Access Goodwill NYNJ Partners with Price Technologies to Boost Re-Commerce OpportunitiesOn April 1, 2019, nonprofit organization Goodwill Industries of Greater New York and Northern New Jersey (Goodwill NYNJ) announced a partnership with technology startup Price Technologies (Price) to offer more opportunities for shoppers to buy secondhand items.
April 5, 2019 Insight Report Premium 5G in Retail: Growing Revenues in E-Commerce, Boosting Capabilities in IoT Technologies, and Unleashing Potential in AI, AR and VR5G should unleash the full potential of data-intense technology in retail, such as artificial intelligence, machine learning and reality technologies, empowering existing use cases and delivering new applications.
April 5, 2019 Company Earnings Update Register for Free Access Seven & i Holdings (TSE: 3382) FY19 Results: Recovering at Home, Income Grows in Overseas Convenience StoresSeven & i reported a 14.6% increase in net sales and a 5.1% increase in operating income for FY19. 7-Eleven North America grew net sales by 29.4%, with a 49.3% increase in gasoline sales and a 13.0% increase in merchandise sales.
April 5, 2019 Store Tracker Databank Members Weekly US and UK Store Openings and Closures Tracker 2019, Week 14: Five Below to Open 145–150 Stores; In the UK, Office Outlet Marks 16 Stores for ClosureCoresight Research tracks store openings and closures for a select group of retailers in the US and the UK, as well as major US retail bankruptcies. In the US, year-to-date announced closures are approaching the total we recorded for the full year 2018. So far this year, US retailers have announced 5,846 store
April 4, 2019 Analyst Corner Register for Free Access WEINSWIG’S WEEKLY APRIL 5, 2019This week’s note “From the Desk of Deborah Weinswig” discusses the outlook for US retail bankruptcies and store closures, and urges retailers to consider fresh approaches to their physical stores.
April 4, 2019 Company Earnings Update Register for Free Access Hudson’s Bay Company (TSX: HBC) 4Q18 Results: Revenues Down, Group Comps Down, Return to Cash Flow PositiveHBC reported 4Q18 revenues of C$2.9B, down 5.5% YoY and below the consensus estimate of C$3.18B. The company returned to a positive cash flow position and is working on financial discipline.
April 3, 2019 Company Earnings Update Register for Free Access Walgreens Boots Alliance (NYSE: WBA) 2Q19 Results: Pricing and Reimbursement Pressures Hit Earnings; Company Lowers FY19 EPS GuidanceWalgreens Boots Alliance reported 2Q19 revenues of $34.5 billion, in line with the consensus estimate and up 4.6% year over year. Diluted EPS came in at $1.24, down 8.8% year over year and below the consensus estimate of $1.50. For FY19, Walgreens expects adjusted EPS to be flat at constant currency, revised down from 7–12% growth.
April 2, 2019 Insight Report Premium February 2019 US Retail Sales: Slowdown Seen Across Sectors with Major Softening in Home-ImprovementTotal retail sales excluding gasoline and automobiles increased 2.7% year over year in February 2019, a substantial slowing from the revised 4.9% year-over-year increase in January.
April 2, 2019 Deep Dive Premium Reviewing America’s Retail Bankruptcies: What Can We Learn from the Slew of Recent Retail Failures?This report discusses notable US retail bankruptcies in 2017-2018 and examines key factors that led retailers to collapse.
April 2, 2019 Insight Report Premium 4-5-4 US Retail Calendar, 2019 vs. 2018The 4-5-4 US retail calendar is a guide to the fiscal year ending February 1, 2020. The calendar, used by many US retailers, ensures comparability between years by dividing the year into months based on a ‘4 weeks–5 weeks–4 weeks’ format.
April 2, 2019 Insight Report Premium 2019 Tax Tracker Week 8: Filings Still Down Versus Last Year with Three Weeks to GoAs of March 22, the IRS had received 84.1 million tax returns, down 1.9% year over year.
April 1, 2019 Question of the Week Free Report How Much Influence Do Bloggers Have on Apparel Purchases?Question of the Week April 1 2019 – How Much Influence Do Bloggers Have on Apparel Purchases?
April 1, 2019 Deep Dive Premium US Retailers Becoming More Relevant Through Acquisitions: Mass Merchandisers vs. AmazonM&A activity has risen in the US retail sector over the past 10 years, in terms of deal value and number of deals, and the same trend applies within the mass-merchandiser sector.
April 1, 2019 Event Coverage Register for Free Access Foot Locker Investor Day 2019: Investing in Youth Culture Through Physical and Digital Experiences; 200 Power Stores by 2023On March 28, 2019, Foot Locker hosted its investor day. The company focused on its customer-connected strategic framework, strategic initiatives, international expansion plan, Power Store portfolio optimization and five-year financial outlook.