Is Amazon a Threat to the Off-Pricers?

TJ Maxx store front in Manhattan.

At Coresight Research, we’re often asked some variation of “Could Amazon put an end to the off-pricers’ strong run?” The top three US off-price retailers are TJX Companies (which owns T.J. Maxx and Marshalls, among other banners), Ross Stores (operator of Ross Dress for Less and dd’s Discounts) and Burlington Stores, and all three have enjoyed stellar growth in recent years: between 2013 and 2017, revenues grew… Continue Reading

The Amazon-Walmart Delivery Wars Continue with Lockers, Pickup Towers and In-Home Delivery

Paris: Amazon locker orange delivery package locker at dusk - Amazon Locker is a self-service parcel delivery service offered by online retailer Amazon.com.

Amazon and Walmart continue to one-up each other in delivery and collection, offering new and innovative ways for customers to receive their orders. Amazon customers can retrieve orders from lockers or choose one- or two-hour delivery in many markets. Amazon… Continue Reading

Kohl’s and Aldi Enter a Unique Partnership

Indianapolis - Circa June 2017: Aldi Discount Supermarket. Aldi sells a range of grocery items, including produce, meat & dairy, at discount prices IX

Last week, Kohl’s announced that it would be slimming down 12 of its stores and that, as part of a pilot program, 5–10 of those stores will carve out space for separate, adjoining stores that will be leased to grocery… Continue Reading

The State of Artificial Intelligence: Where Are We Now?

Robot holds a finger near the head. 3D illustration

The term “artificial intelligence” (or “AI”) is en vogue and is often incorrectly used to refer to things that do not technically qualify as AI. Processors can add apparent “intelligence” to machines by enabling them to turn thermostats on and… Continue Reading

It’s All About India as Amazon, Walmart and Alibaba Go Head to Head

amazon boxes2

The Amazon-Walmart-Alibaba battle is no longer focused on China. Now, it’s all about India as these three firms go head to head in the second-most-populous country on earth. In just the past week, Amazon has become the first foreign e-commerce… Continue Reading

Taking a Dive into Amazon’s 2017 Metrics

Chiang Mai, Thailand - April 26, 2016: man hand holding screen shot of Amazon application showing on Asus Zenfone 2 mobile phone. Amazon is an American international electronic commerce company.

Amazon wowed analysts and investors last week with a dramatic earnings beat on the back of remarkable fourth-quarter sales growth of 38%. Amazon provides updates on sales in specific international markets only when it reports its full-year results, as it… Continue Reading

CES 2018 Wrap-Up: Lots of Nice Toys, but No Killer Apps This Year

Volkswagen selects Nvidia to infuse AI into future vehicle lineup

The FGRT team attended this year’s CES trade show in Las Vegas last week. From the preshow press days through the final day of exhibits, it was, as usual, a whirlwind experience. There seemed to be no new killer apps… Continue Reading

Sam’s Club Is Closing One-Tenth of Its Stores and Converting 12 to E-Commerce Hubs: Proof That Store Closures Have Become Respectable?

Walmart

Walmart did not enjoy the positive headlines for very long this past Thursday. Shortly after the company announced that it will be pushing up its hourly wages, boosting parental leave benefits and handing out bonuses to most store-based staff at… Continue Reading

US Department Stores Look Set for a Better Year

Kohl’s was among the retailers that wowed analysts and commentators this week when it reported a very strong increase in sales for November and December: comparable sales and total sales were both up 6.9%, the retailer’s strongest quarterly comp in… Continue Reading

New Year Preview: 2018 Is Likely to Look a Lot Like 2017

2017 to 2018

Here we are again, at the outset of a brand new year that’s full of promise. Many of us have made New Year’s resolutions to exercise more, save money or make improvements in other areas of our lives and, whether… Continue Reading