This week, the Coresight Research team was in Hangzhou, China, to attend Alibaba’s annual Investor Day event. It was our first opportunity to hear from Alibaba Chairman Jack Ma following the company’s announcement on September 10 that he will step… Continue Reading
In terms of revenue and prescription drug share, CVS Health is the largest pharmacy company in the US. The company reported revenues of $184.8 billion and net income of $6.6 billion in 2017. CVS Health operates in two business segments:… Continue Reading
China’s male grooming market has exhibited solid growth and is likely to continue to grow strongly for the foreseeable future. Urban Chinese men, particularly millennials, are increasingly focusing on their appearance and are spending more of their disposable income on… Continue Reading
For a number of years, commentators have pointed to the unfavorable economics of Internet-only retailing. Higher customer acquisition costs, substantial fulfillment costs and high product return rates have raised alarm bells among commentators and some investors. Yet the hefty valuations… Continue Reading
In the US, the back-to-school season is in full swing, and the National Retail Federation (NRF) forecasts that shoppers will shell out a total of $28 billion on school-related items this year. This total excludes back-to-college spending, which the NRF… Continue Reading
Although retail and high-tech companies may appear on the surface to have little in common, they are increasingly forming partnerships in order to provide each other with needed expertise and market access. These collaborations are necessary because no single entity… Continue Reading
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
Amazon recently announced a new initiative called Amazon Delivery Service Partners, which aims to help entrepreneurs build small businesses while also expanding its own delivery network. Through the program, Amazon will provide entrepreneurs with access to its delivery technology, hands-on… Continue Reading
Readers of the international press might believe that the UK is in dire straits, with worried consumers retrenching their spending and Brexit-fearing businesses battening down the hatches. Adding fuel to this narrative, an unusually high number of British retailers have… Continue Reading
Amazon officially announced this week that this year’s Prime Day event will last for 36 hours beginning at 12 p.m., PDT (3 p.m., EDT), on Monday, July 16, and running through July 17. The company proclaimed that last year’s Prime… Continue Reading