July 26, 2018 Insight Report Premium Quick Take: Three Shifts in the US Beauty Market—Opportunities and ImplicationsAhead of the Cosmoprof North America 2018 conference, which begins July 29, we assess three key developments in the US beauty market.
July 26, 2018 Event Coverage Register for Free Access HBC Reports Beauty Is a Success Beyond the First Floor and other Takeaways from The Retail Design Institute (RDI) PanelCoresight Research recently attended a panel discussion hosted by the Research Design Institute (RDI), “Changing the Blueprint: the Department Store in 2019,” in New York City. The panel was sponsored by 24 Seven, Benjamin Moore and Highland Associates. Roe Palermo, Divisional Vice President of In-store Presentation for Lord & Taylor and Saks Off 5th, moderated the panel discussion which covered themes such as department store design and renovation, investment, measuring store experiences and favorite projects. Here, we share our top takeaways from the event:
July 25, 2018 Company Earnings Update Register for Free Access LVMH (ENXTPA: MC) 1H18 Results: Asia’s Shoppers Drive Another Standout PerformanceLVMH reported a stellar first half, with double-digit revenue growth, strong gross-margin gains and controlled increases in expenses resulting in a 29% jump in operating profit.
July 24, 2018 Insight Report Premium Retail-Tech Alliances: Why Walmart Is Collaborating with Microsoft, and Carrefour with Google, on Retail DigitalizationTwo retail-tech collaborations have been recently announced, one between US retail giant Walmart and US technology giant Microsoft and another between leading French retailer Carrefour and US technology leader Google. In this report, we analyze:
July 24, 2018 Insight Report Premium Innovator Intelligence: Radius8—In-Store and Digital Experiences Powered by Local DemandThis report forms part of our Innovator Intelligence series, which focuses on emerging companies that are disrupting traditional retail and fueling innovation across the retail value chain. Radius8 has created a platform that empowers retailers to dynamically merchandise online by using data on their physical stores and local market intelligence to provide contextual discovery for shoppers, which ultimately drives both online conversion and store foot traffic.
July 23, 2018 Company Earnings Update Register for Free Access VF Corporation (VFC) 1Q19 Results: Strong Vans Revenues, Increases GuidanceVF Corporation reported 1Q19 adjusted EPS of $0.43, above the consensus estimate of $0.33. Revenues were $2.79 billion, beating the consensus estimate of $2.68 billion.
July 20, 2018 Event Coverage Register for Free Access XRC Labs Cohort 6 Launch Day: Hearing from Startups Improving the Customer Experience and Supporting Better Decision MakingThe Coresight Research team attended XRC Labs’ Cohort 6 Launch Day event in New York City on July 17 at the Parsons School of Design.
July 20, 2018 Analyst Corner Register for Free Access Weinswig’s Weekly Jul 20, 2018This week’s note “From the Desk of Deborah Weinswig” discusses Amazon’s efforts to create a network of independent, affiliated delivery companies.
July 20, 2018 Store Tracker Databank Members Weekly Store Openings and Closures Tracker 2018, Week 29: Poundworld to Close All StoresCoresight Research tracks store openings and closures for a select group of retailers in the US and the UK, as well as major US store bankruptcies.
July 19, 2018 Event Coverage Register for Free Access On-Demand Services, Space Peace, AI and Cybersecurity in the Modern World: Takeaways from Fortune Brainstorm Tech 2018, Part TwoThis week, the Coresight Research team attended the Fortune Brainstorm Tech 2018 conference in Aspen, Colorado. Here, we share our takeaways from the second half of the conference.
July 19, 2018 Insight Report Premium Amazon Prime Day 2018 Wrap-Up: Amazon Announces Another Record Day but Remains Vague on Revenue FiguresAmazon announced that Prime Day 2018 was the “biggest shopping event” in the company’s history, surpassing Black Friday, Cyber Monday and previous Prime Day events.
July 17, 2018 Insight Report Premium Who Is Taking the Vacant Toys“R”Us Stores?With June 29 marking its final day in business in its home market, Toys“R”Us has now closed down all of its stores in the US. The impact of the toy retailer’s departure on US retail is significant. We estimate 28.6 million square feet of retail space has been left vacant with the closure of Toys“R”Us, and in terms of the number of stores, this represents 21% of total store closures announced year to date in the US.
July 17, 2018 Insight Report Premium Amazon Kicks Off the First Half Day of 2018 Prime Day in the US and EuropeAmazon launched its 2018 Prime Day (and a half) at noon local time in the UK and Europe markets and at 3:00 p.m. EDT in the US.
July 16, 2018 Flash Report Register for Free Access Nordstrom Investor Day 2018: Company Plans to Grow Revenues 20% by 2022; Strategic Brands to Account for 50% of GrowthOn July 10, Nordstrom hosted an Investor Day in Los Angeles, California, its largest market. The company provided an overview of its digital strategy, financial targets and an aspiration to be the best fashion retailer in the world.
July 16, 2018 Insight Report Premium June 2018 US Same-Store SalesCostco’s same-store sales growth accelerated in June versus the same period last year. Buckle, Cato and L Brands all reported comp improvement year over year.