Flash Report | April 8, 2020 Register for Free Access Macy’s CFO Announces Departure, One Week after Companywide Furlough and Delisting from S&P 500Macy’s has seen a string of developments in the past week, with the latest being the departure of its CFO, effective May 31, 2020. This comes on the heels of a companywide furlough and the company’s delisting from the S&P 500 last week. Read More
Flash Report | March 16, 2020 Register for Free Access Former Home Depot CFO Carol Tomé To Succeed David Abney as UPS CEOUPS has surprised company watchers by appointing the first outsider to serve as CEO. The former Home Depot CFO was credited with deliver huge gains in shareholder value, and now UPS hopes she can do the same for them. Read More
Insight Report | February 3, 2020 Premium The Home Depot: A Timeline of Key EventsRead about the key dates and milestones in Home Depot’s rise to becoming a US home-improvement icon. From its humble beginnings as a more or less giant hardware store when it was founded in 1978, Home Depot has grown into a home improvement staple with more than 2,200 stores. Read More
Flash Report | January 31, 2020 Register for Free Access Estée Lauder Announces Global Leadership Promotions at Two of Its Billion-Dollar Brands and Two of Its Developing BrandsEstée Lauder has announced leadership changes at two if its billion-dollar brands (La Mer and MAC Cosmetics) and two of its developing brands (Le Labo and Dr. Jart+ / Do The Right Thing). The announcements come as the company continues to grow through acquisition and organically by reinvigorating heritage brands. Read More
Flash Report | January 31, 2020 Register for Free Access H&M Appoints New CEO as Chairman Steps Down; Company Reports Profit RiseH&M announced that Chairman Stefan Persson has stepped down after 20 years in the role, recommending to the board that current CEO Karl-Johan Persson succeed him. Under Persson’s leadership, H&M grew revenues 140% over a ten-year period, and, after a brief lull, more recently reported its first annual net profit increase since 2015. Read More
Insight Report | January 26, 2020 Premium Dollar General: A Timeline of Key EventsThis report charts the rise of Dollar General from its humble beginnings as a single wholesale outlet in a small town in Kentucky to a discounting behemoth with over 16,000 stores in 44 states. We look at key events that have propelled the company to household name status—and its ambitious plans for future growth. Read More
Flash Report | January 17, 2020 Register for Free Access Gap Scraps Old Navy Spin-Off; Moderately Raises Its Fiscal 2019 OutlookOn January 16, Gap Inc. announced that it had canceled its plans to spin off the Old Navy business, citing investors’ concerns over the complexity of the separation and softer business performance of the brand. Gap Inc. has raised its fiscal year 2019 outlook moderately, owing to better-than-expected promotional levels over the holiday period. Read More
Insight Report | November 27, 2019 Premium Alibaba: A Timeline of Key EventsFrom 2017 to 2019, Alibaba expanded its cloud business into new territories outside China. We examine key events from the company’s recent history as part of our Retailers’ Timelines series. Read More
Deep Dive | October 30, 2019 Free Report 10 Trends Reshaping US CPGThe consumer packaged goods (CPG) industry in the US is undergoing significant change, with consumer preferences shifting rapidly and retailers adapting in the face of heightened competition. Read More
Insight Report | October 22, 2019 Premium New Retail Briefing: Net-a-Porter Opens a Flagship Store on Tmall Luxury PavilionSwiss luxury group Richemont’s e-commerce subsidiary Yoox Net-a-Porter has opened a flagship store on Tmall Luxury Pavilion to provide Chinese consumers with curated selections of more than 130 luxury and designer brands. Read More
Flash Report | August 28, 2019 Register for Free Access Clothing Rental Upstart Le Tote to Acquire Iconic Century-old Brand Lord + Taylor from HBC for $100 MillionApparel rental upstart Le Tote to acquire century-old Lord + Taylor in what could be a growing trend of online disruptors moving into more traditional spaces. Read More
Company Earnings Update | July 11, 2019 Register for Free Access Fast Retailing (TSE: 9983) 3Q19 Results: Solid Revenue Growth, Company Maintains Outlook for Full FY19Fast Retailing reported 3Q19 revenues of ¥555 billion ($5.1 billion), up 7.3% and operating profit of ¥74.7 billion ($0.69 billion) up 9.3% from ¥68.3 billion ($0.63 billion) in the year ago period. Read More
Company Earnings Update | June 14, 2019 Register for Free Access Hudson’s Bay Company (TSX: HBC) 1Q19: Mixed Results, Focus on North America and Strategy at Saks OFF 5THHBC reported 1Q19 revenues of C$2.12 billion, down 3.3% YoY and above the consensus estimate of C$2.00 billion. The company reported adjusted 1Q19 EPS of C$1.15, up from the year-ago period. Read More
Flash Report | June 12, 2019 Register for Free Access Hudson’s Bay Company Reviewing Proposal to Go Private, Announces Sale of German Operations for $1.5 BillionHBC announced that a special committee is reviewing a shareholder proposal to privatize the company. HBC also announced it had entered into an agreement to sell its real estate in Germany for $1.5B. Read More
Flash Report | June 11, 2019 Register for Free Access Salesforce to Acquire Leading Analytics Company Tableau for $15.7 BillionOn June 10, 2019, Salesforce announced an agreement to acquire business analytics and data visualization company Tableau for $15.7 billion in stock. The acquisition is expected to close in 3Q19. Read More