November 29, 2018 Insight Report Premium US Holiday 2018: Giving Tuesday—Generosity Rules the DayThe Tuesday after Thanksgiving, known as “Giving Tuesday,” is an unofficial start to year-end charitable contributions. Ahead of the day, Whole Whale, a consultancy focused on nonprofits and for-benefit companies, forecast that charities would raise a total of $363 million this Giving Tuesday.
November 29, 2018 Insight Report Premium Ahold Delhaize: A Timeline of Key EventsThis is the fourth report in our Retailers’ Timelines series. In this report, we chronicle key events in Ahold Delhaize’s recent history.
November 28, 2018 Analyst Corner Register for Free Access Weinswig’s Weekly Nov 16, 2018FROM THE DESK OF DEBORAH WEINSWIG Three Ways that Singles’ Day Is Evolving Last weekend, the Coresight Research team was at Alibaba’s Singles’ Day event in Shanghai. There, we watched the live count of Alibaba’s 11.11 Global Shopping Festival sales as they ticked toward the final total of ¥213.5 billion ($30.8 billion). The day’s sales…
November 28, 2018 Store Tracker Databank Members Weekly Store Openings and Closures Tracker 2018, Week 47: Advanced Sports Enterprises to Shut 40 StoresYTD 2018, the number of US store closure announcements stands at 5,468 and the number of store openings is 3,060.
November 28, 2018 Insight Report Premium US Holiday 2018: Thanksgiving Weekend Sales Creep into Early NovemberFrom Thanksgiving Day through Cyber Monday, more than 165 million Americans shopped according to a new survey by the National Retail Federation (NRF) and Prosper Insights & Analytics.
November 28, 2018 Insight Report Premium Singles’ Day 2018: Assessing the Slowdown in Total E-Commerce GrowthAccording to data from China-based data services firm Syntun, the total transacted gross merchandise value (GMV) across various e-commerce platforms on Singles’ Day totaled ¥3 billion ($45.2 billion). Alibaba continued to take the lead in the overall sales in this year’s Singles’ Day, accounting for 67.9% market share.
November 28, 2018 Flash Report Register for Free Access Sears Files for Chapter 11 Bankruptcy ProtectionOn Monday, October 15, Sears Holdings filed for Chapter 11 bankruptcy protection in the US Bankruptcy Court for the Southern District of New York. Sears Holdings said that it plans to reorganize around a smaller store platform of EBITDA-positive stores, and will close 142 unprofitable stores toward the end of the year; this is in…
November 27, 2018 Insight Report Premium US Holiday 2018: Early Cyber Monday ReadingsUS Cyber Monday online sales are estimated to have reached $7.8 billion, up 18.3% from last year, according to Adobe Insights.
November 27, 2018 Insight Report Premium Black Friday Boosts China’s Cross-Border E-Commerce SalesBlack Friday boosted China’s cross-border e-commerce sales this year. This day is increasingly identified by Chinese consumers as another important occasion in the year to buy imported goods.
November 26, 2018 Insight Report Premium Holiday 2018: A Visit to Westfield Garden State Plaza Mall on Small Business SaturdayOn Small Business Saturday, day three of the Thanksgiving weekend holiday shopping spree, Coresight Research visited Westfield Garden State Plaza Shopping Center. According to the National Retail Federation’s (NRF) and Prosper Insights & Analytics annual Thanksgiving weekend shopping survey, 67 million people were expected to go shopping on Small Business Saturday. Many Black Friday promotions were extended through Saturday.
November 26, 2018 Insight Report Premium UK Black Friday 2018: Extensive Apparel Discounting but Softer Shopper TrafficCoresight Research’s UK team visited London shops early on Black Friday morning to gauge crowds and deals. Here are the top trends we observed during our store checks:
November 23, 2018 Insight Report Premium US Holiday 2018: Latest Survey Data Show Americans Still Have a Lot of Shopping to Do!This holiday season, US retailers will experience the growing purchasing power of GenZers and millennials, according to the latest survey data from the National Retail Federation (NRF) and Prosper Insights & Analytics.
November 22, 2018 Insight Report Premium October 2018 US Retail Sales and Traffic: Retail Sales Growth Strengthens and Traffic Decline EasesTotal US retail sales including automobiles and gasoline increased 4.3% on a year-over-year basis in October, according to the US Census Bureau. This was up from 3.8% year-over-year growth in September.
November 22, 2018 Insight Report Premium US Holiday 2018: Sustainable GiftingUS holiday retail sales are expected to rise 4% year over year to $720 billion.
November 22, 2018 Company Earnings Update Register for Free Access The TJX Companies (TJX) 3Q19 Results: Strong Comparable Sales, In-Line EPSIn 3Q19, the TJX Companies grew revenue 12.1% year over year to $9.83 billion, beating the consensus estimate of $9.5 billion. Adjusted EPS of $0.54 was inline with consensus.
