September 30, 2019 Insight Report Premium Tesco: A Timeline of Key EventsFrom 2017 to 2019, we saw Tesco divesting non-core assets and closing down unprofitable stores, as well as continuing with sustainability and digital transformation efforts.
September 27, 2019 Store Tracker Databank Members Weekly US and UK Store Openings and Closures Tracker 2019, Week 39: Madison Reed To Expand to Hundreds of LocationsIn 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.
September 26, 2019 Company Earnings Update Register for Free Access Sainsbury’s (LSE: SBRY) 2Q20 Trading Update: Closing Stores as 1H20 Profits Set to DipIn 2Q20, Sainsbury’s reported a sequential improvement in sales growth. The company sees an opportunity to cut costs by £500 million over five years.
September 20, 2019 Store Tracker Databank Members Weekly US and UK Store Openings and Closures Tracker 2019, Week 38: Casey’s to Open More StoresIn 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.
September 19, 2019 Insight Report Premium Supply Chain Briefing: Automated Micro Fulfillment CentersRetailers face challenges with steadily rising consumer expectations around online convenience, rapid delivery and cross channel integration. Micro fulfillment centers offer a cost-effective solution to reach more customers faster and more reliably.
September 19, 2019 Deep Dive Premium Buy Online, Return In Store: Assessing Strategies and Drivers of AdoptionIn this report, we explain the buy online, return in store (BORIS) model in detail and assess how some US retailers are using this service to enhance their omnichannel retailing.
September 19, 2019 Event Coverage Register for Free Access Groceryshop 2019: Day 4 Insights – CBD Continues to GrowThe Coresight Research team has been in Las Vegas this week, attending and participating in the Groceryshop 2019 conference, which ran September 15-18. In this report, we share our insights from the fourth and final day of the conference.
September 18, 2019 Event Coverage Register for Free Access Groceryshop 2019: Day 3 Insights – Algorithms and Data Steal the ShowThe proliferation of technology has given companies the ability to collect massive amounts of information, but the volume is so huge that interpreting is a challenge. Executives and leaders need solid data analytics teams to better turn the waves of big data coming at them into actionable insights.
September 17, 2019 Event Coverage Register for Free Access Groceryshop 2019: Day 2 Insights – Artificial Intelligence, Personalization and Growth ChannelsThe Coresight Research team is in Las Vegas this week attending and participating in the Groceryshop 2019 conference, which runs September 15-18. In this report, we share our insights from the second day of the conference.
September 16, 2019 Insight Report Premium Introducing the SCORE Framework for Artificial Intelligence in Grocery RetailWith this report, we introduce Coresight Research’s SCORE framework for AI in grocery retailing. This framework segments use cases into five critical areas.
September 16, 2019 Insight Report Premium August 2019 US Retail Sales: A Solid Month with Clothing Stores Returning to GrowthTotal US retail sales excluding gasoline and automobiles increased 4.7% year over year in August, versus the 5.6% year-over-year rise in July.
September 13, 2019 Company Earnings Update Register for Free Access Morrisons (LSE: MRW) 1H20 Results: Sharp Downturn in Retail CompsMorrisons 1H20 comparable sales were up 0.2% year over year: Retail contributed (1.1)% to group comps while wholesale contributed 1.3%.
September 13, 2019 Company Earnings Update Register for Free Access Kroger (NYSE: KR) 2Q19 Results: Strong Same-Store Sales and EPS BeatFor 2Q19, Kroger reported same-store sales growth ex fuel of 2.2%, ahead of the consensus estimate of 1.8% and strengthening from 1.5% in the prior quarter.
September 12, 2019 Insight Report Premium Coresight Research Gears Up for Groceryshop 2019On September 15-18, the grocery and CPG world will come together in Las Vegas for one of the most important industry events of the year: Groceryshop. The Coresight Research team will be attending the event – and Founder and CEO Deborah Weinswig will kick off a session in which 20 startups will present their retail technology solutions.
September 12, 2019 Company Earnings Update Register for Free Access Casey’s General Stores (NASDAQ: CASY) 1Q20 Results: Revenue Above Consensus, Prepared Food and Grocery Fuel GrowthCasey’s General Stores reported 1Q20 revenue of $2.63 billion, up 1.5% year over year and above the consensus estimate of $2.61 billion. The company reported diluted EPS of $2.31, up 21.6% year over year and beating the consensus estimate of $2.05.