July 9, 2019 Insight Report Premium Fast Retail: Opportunities for Digitally Native BrandsFast retail is Coresight Research’s term for a new approach to retail featuring shorter leases, more shared spaces and more short-term stores. In this report, we profile the prevailing major fast retail formats in the US, ranging from pop-ups to marketplaces.
July 9, 2019 Insight Report Premium Insights from China: Japanese Department Store Takashimaya to Retreat From China MarketTakashimaya will exit China after its seven years of loss making, partly due to the store location which was not positioned as a luxury spot, as well as stiff competition from other department store players, some of which chose to collaborate with Internet companies to implement digital transformation and improve traffic.
July 5, 2019 Store Tracker Databank Members Weekly US and UK Store Openings and Closures Tracker 2019, Week 27: Pier 1 Imports to Shut More StoresCoresight Research tracks news about store closures, openings and bankruptcies. Our Weekly US and UK Store Openings and Closures Tracker focuses on department stores and specialty retail stores, including, but not limited to, those selling softlines, hardlines, consumer electronics, groceries and furniture.
June 28, 2019 Store Tracker Databank Members Weekly US and UK Store Openings and Closures Tracker 2019, Week 26: Fred’s Set to Close More StoresCoresight Research tracks news about store closures, openings and bankruptcies. Our Weekly US and UK Store Openings and Closures Tracker focuses on department stores and specialty retail stores, including, but not limited to, those selling softlines, hardlines, consumer electronics, groceries and furniture.
June 21, 2019 Store Tracker Databank Members Weekly US and UK Store Openings and Closures Tracker 2019, Week 25: Rebag Continues Store ExpansionCoresight Research tracks news about store closures, openings and bankruptcies. Our Weekly US and UK Store Openings and Closures Tracker focuses on department stores and specialty retail stores, including, but not limited to, those selling softlines, hardlines, consumer electronics, groceries and furniture.
June 14, 2019 Store Tracker Databank Members Weekly US and UK Store Openings and Closures Tracker 2019, Week 24: Kohl’s Winds Up Its Off-Price BusinessIn the US, year-to-date announced closures have already exceeded the total we recorded for the full year 2018. Coresight Research estimates announced US store closures could reach 12,000 by the end of 2019.
June 14, 2019 Company Earnings Update 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.
June 12, 2019 Flash Report 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.
June 11, 2019 Insight Report Premium Insights from China: Aldi Opens First Stores in ChinaOn June 7, Aldi opened its first stores in China with two locations in Shanghai. China’s grocery market is growing, though global grocery retailers who have tried to tap this market have met with mixed success.
June 7, 2019 Store Tracker Databank Members Weekly US and UK Store Openings and Closures Tracker 2019, Week 23: Abercrombie & Fitch to Shut Flagship StoresCoresight Research tracks news about store closures, openings and bankruptcies. Our Weekly US and UK Store Openings and Closures Tracker focuses on department stores and specialty retail stores, including, but not limited to, those selling softlines, hardlines, consumer electronics, groceries and furniture.
May 31, 2019 Store Tracker Databank Members Weekly US and UK Store Openings and Closures Tracker 2019, Week 22: Cato Announces ClosuresIn the US, year-to-date announced closures have already exceeded the total we recorded for the full year 2018. Coresight Research estimates announced US store closures could reach 12,000 by the end of 2019.
May 23, 2019 Store Tracker Databank Members Weekly US and UK Store Openings and Closures Tracker 2019, Week 21: Dressbarn to Close, Adding Almost 700 to US Closures TotalIn the US, year-to-date announced closures have already exceeded the total we recorded for the full year 2018. Retailers have announced more than 7,000 store closures in the US and more than 300 in the UK, while only 3,100 store openings have been announced.
May 23, 2019 Flash Report Register for Free Access Ascena Retail Group Announces Closure of Dressbarn, Eliminating its Value Fashion SegmentOn May 20, 2019, Ascena Retail Group announced the closure of its Dressbarn business.
May 21, 2019 Insight Report Premium New Retail Briefing #10: Alibaba Accelerates its Global Expansion, Intersport Teams Up with SuningAlibaba is accelerating its global expansion by allowing merchants in selected countries to sell on AliExpress and launching the “The New Chinese Goods Project.”
May 17, 2019 Store Tracker Databank Members Weekly US and UK Store Openings and Closures Tracker 2019, Week 20: Party City Shuts StoresIn the US, year-to-date announced closures have already exceeded the total we recorded for the full year 2018. Retailers have announced almost 6,400 store closures in the US and more than 300 in the UK, while only 3,100 store openings have been announced.