March 23, 2020 Deep Dive Premium 4Q19 US Earnings Season Wrap-UpFourth-quarter 2019 retail earnings show that many companies across the retail industry saw strong growth. However, our coverage of the Coresight 100 reveals that the CPG and department-store sectors bucked this trend, with the latter continuing to struggle. Companies across the board have updated their guidance due to coronavirus disruption in the supply chain and demand in Asia, but we are yet to see updates based on the spread of the virus to the US, with the nation moving closer to lockdown.
March 18, 2020 Deep Dive Premium America’s Changing Shopping Centers: Part 1—Where the Mall Stands NowThe first report in our series America’s Changing Shopping Centers offers a data-rich exploration of where malls stand now. In particular, we look at how the rationalization of mall space has lagged store closures, suggesting a correction could be overdue.
February 12, 2020 Flash Report Register for Free Access Simon Property Group To Acquire Taubman Centers for $3.6 BillionOn February 10, 2019, Simon Property Group announced plans to acquire 80% of Taubman Realty in a deal valued at approximately $3.6 billion. Simon clearly sees value in Taubman: At $52.50 per share in cash, the deal represents a 51% premium to Taubman’s closing price on February 7.
December 23, 2019 Insight Report Premium Holiday 2019: Global Holiday Cities—New York CityNew York retailers have long set the standard for holiday-themed events, and this year is no exception. Coresight Research visited some of New York City’s newer, more innovative shopping centers along with some of the must-sees.
December 17, 2019 Deep Dive Premium 3Q19 US Earnings Season Wrap-UpThird-quarter 2019 retail earnings show mixed results across categories. Our coverage of the Coresight 100 reveal most companies beat consensus, but there were sectors that fared much better than others—and luxury was one that did not meet expectations despite recent recovery.
December 13, 2019 Event Coverage Register for Free Access ICSC New York Deal Making 2019 Wrap-UpICSC New York Deal Making 2019 highlighted the reinvention of physical retail, which is being driven by innovations in the use of space, the proliferation of omnichannel shoppers and a widespread focus on sustainability. A number of technologies are being implemented by retailers to undertake a transition from a profits-first approach to a consumer-centric operational model.
December 12, 2019 Event Coverage Register for Free Access Insights from ICSC New York Deal Making 2019The Coresight Research team is attending ICSC New York Deal Making 2019 from December 10 to 12 in New York City. Key insights from the conference include the importance of experiential retail, the growth of “Buy Online, Pick Up in Store” services and the impact of value-for-money concepts on outlet centres.
December 5, 2019 Insight Report Premium The Shopping Center in 2020: Mitigating the Impact of Store ClosuresAs we head toward 2020, we see new opportunities for US shopping centers, impacted by 2019’s wave of store closures. We explore the future of malls by considering a number of key topics, including the slowdown in apparel and increasing consumer demand for entertainment and experiences.
December 2, 2019 Event Coverage Register for Free Access ICSC Research Connections: Experiences, Services, Fun and Commerce Too!On October 27–29, Coresight Research attended attended and presented at ICSC’s Research Connections conference in Florida. Our key insights from the event include the heightened consumer expectation for experiences, an increasing focus on sustainability for retailers and shopping-center developers and the synergistic effect of online and physical retail.
October 30, 2019 Event Coverage Register for Free Access The Day of Retail Professionals: Experience is The Future of RetailKey insights from the Day of Retail Professionals in Belgrade: experience is the future of retail, technology enables experiences and the shopping center will be an experience destination.
October 28, 2019 Insight Report Premium Buy Online, Pick Up In Mall: Mall Operators Take BOPIS to the Next LevelWe analyze the buy online, pick up in mall (BOPIM) model, and assess how some global shopping-center operators are using this service to draw traffic to their malls.
October 25, 2019 Store Tracker Databank Members Weekly US and UK Store Openings and Closures Tracker 2019, Week 43: Destination Maternity Files for Chapter 11 Bankruptcy ProtectionIn 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.
October 4, 2019 Event Coverage Register for Free Access Brookfield Investor Day 2019: Low-Interest-Rate Environment Will Drive ValuationOn September 26, 2019, Brookfield Property Partners hosted its investor day at Brookfield Place in New York City.
October 2, 2019 Deep Dive Premium 2Q19 US Earnings Season Wrap-UpThis report reviews the most recent quarterly earnings for (mostly) US-based companies in the Coresight 100, our focus list of retailers, brand owners and real estate firms.
August 8, 2019 Company Earnings Update Register for Free Access Brookfield Property Partners (NASDAQ: BPY) 2Q19 Results: Revenue Increases, FFO Beats EstimatesBrookfield reported 2Q19 FFO per unit of $0.38, up 5.6%, beating the consensus estimate of $0.36. Net income was $0.12 per unit, down 82%.
