Insight Report | October 18, 2019 Premium September 2019 US Monthly Retail Traffic and In-Store Metrics: Traffic Decline SteepensUS store traffic and average transaction value fell in September while the conversion rate climbed, with wide regional variations. Read More
Store Tracker | October 18, 2019 Databank Members Weekly US and UK Store Openings and Closures Tracker 2019, Week 42: Ross Stores Opens More 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. Read More
Insight Report | October 18, 2019 Premium September 2019 US Retail Sales: Solid Total Growth but Clothing SoftTotal US retail sales excluding gasoline and automobiles increased 4.4% year over year in September, versus a 4.7% rise in August. Read More
Insight Report | October 16, 2019 Premium Macy’s: A Timeline of Key EventsFrom 2017 to 2019, Macy’s undertook meaningful steps to reinvent its business. We examine key events from the company’s recent history as part of our Retailers’ Timelines series. Read More
Insight Report | October 14, 2019 Premium September 2019 US Same-Store Sales: Costco Experiences Slower Growth, but Beats Consensus EstimateCostco’s global September same-store sales growth decelerated from August but beat the consensus estimate. Its e-commerce growth came in at 17.8% in September, lower than August’s 23.9% growth. Read More
Company Earnings Update | October 14, 2019 Register for Free Access Fast Retailing (TSE: 9983) FY19 Results: Strong Year Driven by Uniqlo in Greater ChinaFast Retailing reported FY19 revenues of ¥2.29 trillion ($48.1 billion), up 7.5%, and operating profit of ¥275.0 billion ($2.55 billion), up 9.1% from ¥225 billion ($2.09 billion) in the year-ago period. Read More
Store Tracker | October 11, 2019 Databank Members Weekly US and UK Store Openings and Closures Tracker 2019, Week 41: Bed Bath & Beyond Plans More Store 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. Read More
Company Earnings Update | October 4, 2019 Register for Free Access Ascena (NASDAQ: ASNA) 4Q19 Results: Concentrating on Growing Brands, Ascena Says It Is Not Considering BankruptcyAscena reported 4Q19 revenues of $1.27B above consensus of $1.20B. The company considers options to optimize its balance sheet and said that bankruptcy of Ascena is not an option being evaluated. Read More
Company Earnings Update | October 4, 2019 Register for Free Access H&M (STO: HM-B) 3Q19 Results: Revenues and EPS Beat Consensus; Transformation Work on TrackH&M confirmed its 3Q19 net sales were up 12.1% year over year and reported EPS of SEK 2.33, ahead of the consensus estimate of SEK 2.28. The company plans to open many stores in 4Q19. Read More
Deep Dive | October 2, 2019 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. Read More
Flash Report | October 1, 2019 Register for Free Access Forever 21 Files for 2019’s 35th Major US BankruptcyForever 21 announced it began voluntary Chapter 11 proceedings in US bankruptcy court. As part of its restructuring strategy, the company plans to exit most international locations in Asia and Europe but will continue operations in the US, Mexico and Latin America. Read More
Store Tracker | September 27, 2019 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. Read More
Company Earnings Update | September 20, 2019 Register for Free Access Next (LSE: NXT) 1H20 Results: Online Sales Drive Earnings BeatNext reported 1H20 operating profit of £340.9 million, up 3% year over year and ahead of expectations of £330.9 million, driven by strong performance in its online business. Read More
Store Tracker | September 20, 2019 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. Read More
Deep Dive | September 19, 2019 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. Read More