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 Databank Members 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 Databank Members 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 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. 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
Company Earnings Update | June 25, 2019 Register for Free Access 1Q19 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
Event Coverage | June 20, 2019 Register for Free Access Insights from Product Innovation Apparel New YorkOn June 17-18, the Coresight Research team attended the PI Apparel New York conference. The event brought together retail industry disrupters to discuss retail challenges and coming technologies that can solve many of them. Read More
Insight Report | June 18, 2019 Premium May 2019 US Monthly Retail Traffic and In-Store Metrics: Memorial Day and Mother’s Day Boost TrafficUS store traffic declined 8.9% year over year in May. The conversion rate (CVR) advanced 0.2 percentage points, average transaction value (ATV) grew 4.1% and the product return rate was flat year over year. Read More
Company Earnings Update | June 13, 2019 Register for Free Access Inditex (BME: ITX) 1Q19 Results: Mixed Results, Expands into New Markets Online and In-StoreInditex reported 1Q19 revenues of €5.93 billion, lower than the consensus estimate of €6.09 billion and up 4.8% from the year-ago period. The company reported earnings per share (EPS) of €0.24, up 10.3% from the year-ago period of €0.21, and even with the consensus estimate. Read More
Company Earnings Update | June 11, 2019 Register for Free Access Ascena Retail Group (NASDAQ: ASNA) 3Q19 Results: Mixed Results, Comps Beat Consensus for Most BrandsAscena Retail Group reported fiscal 3Q19 revenues of $1.27 billion, below the consensus estimate of $1.43 billion, and down year over year. Read More
Insight Report | June 7, 2019 Premium Father’s Day Gift Ideas from Innovative Companies Emphasize Personalization, Sustainability, Subscriptions and GroomingCoresight Research has selected five inspiring Father’s Day gift ideas from innovative brands including GiftNow, Same But Different, MYRO, Birchbox Grooming, and OneBlade. Read More