March 6, 2018 Insight Report Premium Kohl’s and Aldi: A Win-Win for an Overspaced Department Store and a High-Growth Grocery ChainKohl’s will be carving out space from 5–10 of its stores and leasing that space to grocery discounter Aldi.
March 6, 2018 Event Coverage Register for Free Access Countdown to Shoptalk: Startup Pitch Competition Participant Profile—StoreDNAThe Coresight Research team will be attending and participating in the Shoptalk 2018 conference in Las Vegas March 18–21. Billed as the world’s largest conference devoted to retail and e-commerce innovation, Shoptalk will cover “the rapid evolution of how consumers discover, shop and buy—from new technologies and business models to the latest trends in consumer behaviors, preferences and expectations.”
March 6, 2018 Event Coverage Register for Free Access Countdown to Shoptalk: Startup Pitch Competition Participant Profile—FlashfoodThe Coresight Research team will be attending and participating in the Shoptalk 2018 conference in Las Vegas March 18–21. Billed as the world’s largest conference devoted to retail and e-commerce innovation, Shoptalk will cover “the rapid evolution of how consumers discover, shop and buy—from new technologies and business models to the latest trends in consumer behaviors, preferences and expectations.”
March 6, 2018 Company Earnings Update Register for Free Access Ascena (ASNA) Fiscal 2Q18 Results: Mixed Quarter, Guides for EPS Below ExpectationsAscena Retail Group reported fiscal 2Q18 revenues of $1.72 billion, down 1.7% from the year-ago quarter but beating the $1.65 billion consensus estimate. Adjusted EPS was $(0.12), down from $(0.07) in the year-ago quarter and missing the consensus estimate of $(0.09).
March 5, 2018 Company Earnings Update Register for Free Access Nordstrom (JWN) 4Q17 Results: Light Quarter, Company Issues Mixed GuidanceNordstrom reported 4Q17 revenues of $4.70 billion, up 9.3% year over year and slightly above the $4.62 billion consensus estimate.
March 5, 2018 Company Earnings Update Register for Free Access JCPenney (JCP) 4Q17 Results: Mixed Quarter, Company Guides in Line with ConsensusJCPenney reported 4Q17 revenues of $4.03 billion, up 1.8% year over year but below the $4.05 billion consensus estimate. Adjusted EPS was $0.57, beating the $0.47 consensus estimate and down from $0.64 in the year-ago quarter.
March 5, 2018 Company Earnings Update Register for Free Access Foot Locker (FL) 4Q17 Results: Misses on Comps, Guides for Flat–Low-Single-Digit Comps in 2018Foot Locker reported 4Q17 adjusted EPS of $1.26, below the $1.37 year-ago figure and above the $1.25 consensus estimate. Revenues were $2.21 billion, up 4.6% year over year and slightly below the $2.22 billion consensus estimate.
March 5, 2018 Event Coverage Register for Free Access Countdown to Shoptalk: Startup Pitch Competition Participant Profile—Glass-MediaThe Coresight Research team will be attending and participating in the Shoptalk 2018 conference in Las Vegas March 18–21. Billed as the world’s largest conference devoted to retail and e-commerce innovation, Shoptalk will cover “the rapid evolution of how consumers discover, shop and buy—from new technologies and business models to the latest trends in consumer behaviors, preferences and expectations.”
March 2, 2018 Event Coverage Register for Free Access Top Takeaways from the TrendSeeder Innovation Series: New Retail Formats PanelThis week, the Coresight Research team attended a TrendSeeder Innovation Series panel called “New Retail Formats, ”which was co-hosted by 24 Seven, TrendSeeder and Davis & Gilbert in New York City. TrendSeeder CEO Avani Patel moderated the panel discussion among industry experts that covered themes such as retail technology, showrooming and improving the customer experience. Here, we share our top takeaways from the event.
March 2, 2018 Event Coverage Register for Free Access Countdown to Shoptalk: Startup Pitch Competition Participant Profile—PopComThe Coresight Research team will be attending and participating in the Shoptalk 2018 conference in Las Vegas March 18–21. Billed as the world’s largest conference devoted to retail and e-commerce innovation, Shoptalk will cover “the rapid evolution of how consumers discover, shop and buy—from new technologies and business models to the latest trends in consumer behaviors, preferences and expectations.”
March 2, 2018 Company Earnings Update Register for Free Access Lowe’s (LOW) 4Q17 Results: Misses and Guides Below Consensus on EPSLowe’s reported 4Q17 adjusted EPS of $0.74, below the $0.86 year-ago figure and missing the $0.87 consensus estimate. Net sales were $15.49 billion, down 1.8% year over year but above the $15.35 billion consensus estimate.
March 2, 2018 Company Earnings Update Register for Free Access KOHL’S (KSS) 4Q17 Results: Beats on EPS and Revenue, Guides Up for FY18Kohl’s reported 4Q17 revenues of $6.78 billion, up 9.2% year over year and above the $6.74 billion consensus estimate. Adjusted EPS was $1.99, beating the $1.77 consensus estimate and up from $1.44 in the year-ago quarter.
March 2, 2018 Event Coverage Register for Free Access Takeaways from Fashion Group International’s “The Making of a Beauty Entrepreneur” PanelThis week, the Coresight Research team attended Fashion Group International’s “The Making of a Beauty Entrepreneur” panel in New York City. The event was sponsored by Cosmoprof North America and featured a panel of four beauty industry leaders who spoke candidly about their personal and professional entrepreneurial journeys. Here, we share our takeaways from the event.
March 2, 2018 Analyst Corner Register for Free Access Weinswig’s Weekly March 2, 2018This week’s note “From the Desk of Deborah Weinswig” discusses where we currently stand on the artificial intelligence adoption curve.
March 2, 2018 Store Tracker Databank Members Weekly Store Openings and Closures Tracker 2018, Week 9: Charlotte Olympia Files for Bankruptcy, Closing All StoresYear-to-date 2018, the number of US store closure announcements stands at 2,050 and the number of store openings is 1,548.
