Analyst Corner 12 minutesRegister for Free AccessWeinswig’s Weekly Sep 14, 2018 Coresight Research September 14, 2018 Executive SummarySeptember 14, 2018 This week’s note “From the Desk of Deborah Weinswig” discusses the prospects for US retail as we head into the fourth quarter. Amazon will be the No. 1 seller of apparel in the US in 2018, according to Wells Fargo. The e-commerce behemoth’s apparel and footwear gross sales are expected to top $30 billion this year. HBC and Signa, the respective owners of German department store chains Galeria Kaufhof and Karstadt, announced that they have agreed to merge the two chains. On September 10, 2019, Alibaba CEO Daniel Zhang will replace Group Executive Chairman and cofounder Jack Ma as chairman of the Alibaba board. Ma will continue to serve as a member of the board until the company’s annual general meeting in 2020. Please Login to read the full report. Not a member? Register for a free user account. This document was generated for Other research you may be interested in: China Consumer Tracker: Consumer Sentiment RisesJanuary 2023 Leading Indicators of US Retail Sales: Retail Set for Stable Growth as Consumer Sentiment ImprovesConsumers Shift Spending Toward Essential Categories: US Consumer Survey InsightsEarnings Insights 3Q24, Week 1: Costco, P&G, Tractor Supply Company and Walgreens Among the Companies Reporting Positive Sales Growth
