Deep Dive | August 2, 2019 Premium US Retail Inventory Tracker, 1Q19Most Coresight 100 retailers witnessed a decline in consumer spending, which translated into poor sales and inventory buildup in comparison to the same quarter last year. Tariffs and strategic investments also drove inventory accumulation. Read More
Company Earnings Update | August 1, 2019 Register for Free Access Next (LSE: NXT) 2Q20 Update: Strong Quarter Prompts Raised GuidanceNext reported strong 2Q20 full-price product sales growth of 3.7%, compared to 4% growth in the previous quarter and beating the consensus estimate of 0.1%. Read More
Company Earnings Update | July 29, 2019 Register for Free Access Tractor Supply Company (NASDAQ: TSCO) 2Q19 Results: Comps Beat Consensus Estimates, Revenues in Line; Guidance RaisedTractor Supply reported 2Q19 EPS of $1.80, up 6.5% but marginally missing the $1.81 consensus estimate recorded by StreetAccount. Revenues were $2.35 billion, up 6.3% and in line with the consensus estimate. Read More
Store Tracker | July 26, 2019 Premium Weekly US and UK Store Openings and Closures Tracker 2019, Week 30: GNC Set to Close 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 | July 25, 2019 Premium Casualization Drives Growth in the US Menswear MarketGrowth in the $89B US menswear market is driven by demand for more casual apparel. Athletic menswear brands, Nike, Adidas, and Under Armour, are taking market share from traditional brands. Read More
Deep Dive | July 23, 2019 Premium 2019 Retail Trends Midyear UpdateAt midyear, we take stock of the major trends we identified in January to see how they have played out in global retail in the first half of 2019, and identify two new trends we think will be significant in later 2019 and into 2020. Read More
Insight Report | July 22, 2019 Premium June 2019 US Monthly Retail Traffic and In-Store Metrics Report: Independence Day and Father’s Day Boost TrafficUS store traffic declined 5.8% year over year in June. The conversion rate (CVR) advanced 0.3 percentage points, average transaction value (ATV) grew 4.7% and the product return rate advanced 0.2 percentage points. Read More
Store Tracker | July 18, 2019 Premium Weekly US and UK Store Openings and Closures Tracker 2019, Week 29: Charming Charlie to Close All StoresStore closures continued this week, with Charming Charlie announcing it will close all 261 of its stores as its core business is squeezed by increasing competition that is erasing its raison d’etre. Read More
Store Tracker | July 11, 2019 Premium Weekly US and UK Store Openings and Closures Tracker 2019, Week 28: Target to Open More Small-Format 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
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
Deep Dive | July 8, 2019 Premium New Consumer Attitudes Drive US Plus-Size Apparel DemandCoresight Research estimates the woman’s plus-size clothing market in the US is approximately $30.7 billion in 2019. Women who wear plus sizes spend less per capita on apparel and live in lower income households relative to the overall female population. Read More
Company Earnings Update | July 5, 2019 Register for Free Access Primark (LSE: ABF) 9M19 Trading Update: Lower Markdowns and Better Buying to Boost MarginsAssociated British Foods (ABF) reported its trading update for the 40 weeks ended June 22. This report focuses on Primark, the company’s retail business. Read More
Store Tracker | July 5, 2019 Premium 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. Read More
Company Earnings Update | July 5, 2019 Register for Free Access Seven & i Holdings (TSE: 3382) 1Q20 Results: Operating Income Grows in Both Domestic and Overseas Convenience StoresIn 1Q20, ended May 31, 2019, Seven & i reported a 1.3% year-over-year decline in net sales. However, the company’s EPS increased 21.5% in the first quarter. Read More
Company Earnings Update | June 28, 2019 Register for Free Access H&M (STO: HM-B) 2Q19 Results: Gains Market Share, Cuts Markdowns, Points to Long-Term Benefits of TransformationH&M confirmed its 2Q19 sales came in ahead of estimates and reported EPS of SEK 2.76, down 1.4% year over year and missing the consensus of SEK 2.81. Read More
