July 13, 2018 Store Tracker Databank Members Weekly Store Openings and Closures Tracker 2018, Week 28: Fabletics Plans 75 New StoresYear-to-date 2018, the number of US store closure announcements stands at 4,204 and the number of store openings is 2,153. Year to date in the UK, there have been 999 store closure announcements and 632 store opening announcements.
July 13, 2018 Insight Report Premium Total US Back-to-School and Back-to-College Spending Forecast to Decline Slightly this YearTotal back-to-school and back-to-college spending is expected to decline by 1% to $82.8 billion, from $83.6 billion last year, according to a survey released by the National Retail Federation (NRF) and Prosper Insights & Analytics.
July 13, 2018 Company Earnings Update Register for Free Access ASOS (LSE: ASC) 3Q18 Update: Steady Growth in Sales with the UK Leading the WayASOS reported 3Q18 group revenue growth of 22% to £823.9 million in the four months ended June 30, 2018.
July 13, 2018 Analyst Corner Register for Free Access Weinswig’s Weekly July 13, 2018This week’s note “From the Desk of Deborah Weinswig” discusses the current state of UK retail, which has seen a steady stream of store closure announcements despite growing consumer demand.
July 11, 2018 Flash Report Register for Free Access Walmart’s Jet.com to Open E-Commerce Fulfillment Center in New York CityWalmart-owned Jet.com is planning to lease a fulfillment center in the Bronx borough of New York City. The new warehouse will enable Jet to offer same-day delivery of groceries and selected merchandise and to significantly reduce its current delivery time of two days.
July 10, 2018 Deep Dive Premium Artificial Intelligence in Retail, Part 2: What Retailers Are Doing with AIIn this report, we explore how retailers are applying AI across business functions. We studied 30 retailers to understand how they have implemented AI in their businesses.
July 9, 2018 Flash Report Register for Free Access Amazon to Acquire PillPack for a Reported $1 Billion, Bolstering Pharmacy AmbitionsAmazon has entered into an agreement to acquire US-based online pharmacy PillPack. The transaction is subject to regulatory approvals and is expected to close in the second half of 2018.
July 6, 2018 Store Tracker Databank Members Weekly Store Openings and Closures Tracker 2018, Week 27: Macy’s Plans 55 New Bluemercury StoresYear-to-date 2018, the number of US store closure announcements stands at 4,146 and the number of store openings is 2,042. Year to date in the UK, there have been 956 store closure announcements and 625 store opening announcements.
July 6, 2018 Company Earnings Update Register for Free Access Primark (LSE: ABF) 9M18 Trading Update: Improved Comparable Sales Driven by Better Trading in the EurozoneAssociated British Foods (ABF) reported its 9M18 trading statement for the 40 weeks ended June 23, 2018. This report focuses on Primark, the company’s retail division.
July 6, 2018 Analyst Corner Register for Free Access Weinswig’s Weekly July 6, 2018This week’s note “From the Desk of Deborah Weinswig” discusses how Amazon is positioning its expanding line of private-label products to capitalize on this year’s Prime Day shopping event, which is taking place July 16–17.
July 4, 2018 Event Coverage Register for Free Access Top Takeaways from the US-China AI Tech Summit, Part 2: Cross-Industrial DisruptionLast week, the Coresight Research team attended the first-ever US-China AI Tech Summit, which was held in Silicon Valley. Our first report on the conference covered the day’s morning sessions, including a fireside chat with Apple Cofounder Steve Wozniak. The second half of the event focused on applications of artificial intelligence (AI) across industries. Experts from the fintech, legal, enterprise and nonprofit realms discussed the challenges ahead and the greatest opportunities for AI integration.
July 3, 2018 Event Coverage Register for Free Access Top Takeaways from the US-China AI Tech Summit, Part 1Last week, the Coresight Research team attended the first-ever US-China AI Tech Summit, which was held in Silicon Valley. The event was cohosted by The Al Alliance of Silicon Valley, The Future Society and China’s AI Industry Alliance. Here, we share the first batch of our takeaways from the day’s discussions.
July 3, 2018 Insight Report Premium Retail-Tech Landscape: USRetail-Tech Landscape US Analytics/Predictive Analytics: Leveraging data to generate new opportunities and identify the likelihood of future outcomes in order to enable more strategic decision making. Brick-and-Mortar Data Capture: Developing in-store analytics technologies that provide visibility into store operations and the performance of products, promotions and employees.
July 3, 2018 Event Coverage Register for Free Access Fashion Tech Consortium Hosts Retail Executive Roundtable June Breakfast EventFashion Tech Consortium, an accelerator that links together brands, retailers, manufacturers and technology companies in order to provide highly assessed, enterprise-ready tech solutions in the fashion retail industry, hosted the Retail Executive Roundtable June Breakfast, at the Amali in New York City on June 27. Michael Reidbord, Founder and Principal at Fashion Tech Consortium, organized and moderated the intimate gathering for a three-speaker series and open discussion over breakfast. Nearly 20 participants, including founders, presidents, managers and advisors from a range of retail-focused industries—from Facebook, to Brooks Brothers, to artificial intelligence (AI)-focused analytics companies—attended the invite-only breakfast event.
June 29, 2018 Store Tracker Databank Members Weekly Store Openings and Closures Tracker 2018, Week 26: O Bag to Open 100 Stores in the USYear-to-date 2018, the number of US store closure announcements stands at 4,136 and the number of store openings is 1,985. Year to date in the UK, there have been 934 store closure announcements and 625 store opening announcements.
