Weekly Store Openings and Closures Tracker #9: RadioShack and Payless lead closings spree. June 2, 2017
|
|
- Katrina Richard
- 5 years ago
- Views:
Transcription
1 Weekly Store Openings and Closures Tracker #9: RadioShack and Payless lead closings spree Deborah Weinswig Managing Director, Fung Global Retail & Technology US: HK: CN: Fung Global Retail & Technology tracks store openings and closures for a select group of US retailers. 1) This week, RadioShack closed another 1,000 stores, with a large Memorial Day sale of everything in the store, including the store fixtures. 2) Payless will go through a second round of store closures: 112 initially, with the possibility of 296 more stores shuttered if negotiations with landlords fail. 3) Michael Kors and lululemon athletica also announced store closures: the affordable luxury brand will close between and 125 stores, while lululemon is refocusing its ivivva brand online in a move that will see 40 ivivva doors close. 4) Year-to-date 2017, the number of store closure announcements has increased 282% year over year, bringing the number of stores to be closed to 4,723, with more to surely follow. 5) Dollar General revised its forecast to open 1,290 stores in FY17, instead of the previously expected 1,000, and Five Below opened 31 stores this past quarter, and is on track to reach openings for FY17. 1
2 2017 Store Openings and Closures What is happening this week? This week s store closure announcements added 1,252 stores to our closings list, with the number likely to increase to 1,573 if Michael Kors and Payless go ahead and close 125 (instead of only ) and 408 (instead of only 112) stores, respectively. We expect the trend of store closures to continue in full force over the next six months, as the retail revolution in US retail shows no signs of abating. Against this backdrop, discount keeps proving it is a winning proposition, with both Five Below and Dollar General continuing to expand their retail locations. RadioShack Closes 1,000 Stores This week, RadioShack closed another 1,000 stores, with a large Memorial Day sale of all inventory, including the store fixtures. Undergoing restructuring through Chapter 11, the retailer will continue to operate 70 stores, while RadioShack franchisees will continue to run 425 stores. Payless on its Way to Close 800 Stores After announcing that it will close about 400 stores as part of a restructuring plan in April, the bankrupt retailer is seeking court permission to close an additional 112 stores in the US and Puerto Rico. Payless is negotiating the terms of an additional 296 stores, and if these negotiations are unsuccessful, the stores will be closed as well. Source: Twitter Michael Kors Announces it Will Close 125 stores Michael Kors reported earnings this past week, with comps declining by 14.1%, 13.6% on a constant currency basis. As a result of the challenges it faces, the company announced plans to improve the profitability of its store fleet by closing 125 full-price retail stores over the next two years, which should realize ongoing annual cost savings of $60 million. Lululemon Athletica Takes ivivva Online, Closing 40 Retail Locations Lululemon athletica announced plans to operate ivivva, its activewear brand for girls, as a primarily e- commerce focused business, with a select number of stores in key communities across North America. The company will close approximately 40 of its 55 ivivva stores as a result, and convert approximately half of the remaining stores to lululemon-branded stores. Dollar General and Five Below Expand Retail Footprint Dollar General and Five Below announced earnings this past week, both beating sales and EPS expectations. Dollar General revised its forecast to open 1,290 stores in FY17, instead of the previously expected 1,000. Five Below opened 31 stores this past quarter, and is on track to reach openings for FY17. 2
3 Year-to-Date 2017 Major US Store Closure Announcements RadioShack Payless Inc****** Rue 21 Gymboree* The Limited hhgregg GameStop Bebe Stores Inc Wet Seal Crocs Inc. Sears and Kmart** JCPenney BCBG American Apparel Gordmans Stores Inc. Michael Kors Staples CVS Macy s*** MC Sports Guess Chico s Lucy Aclvewear lululemon athlelca Eastern Oujikers Gander Mountain**** Ralph Lauren***** ,000 Total: 4,723 announced store closures 282% year over year * Reported by the Wall Street Journal on May 4, 2017, with no official comment. ** Closing 115 Kmart and 45 Sears stores. *** Part of -store closure announcement made in **** The number of store closures could reach 80 based on the recent management announcement. ***** Closing remaining stores included in the 50-store closure plan announced in June ****** Payless will close an additional 296 stores if negotiations with landlords are unsuccessful. 3
4 Year-to-Date 2017 Major US Store Opening Announcements Dollar General 1,290 Dollar Tree 650 Aldi* 400 TJX** Five Below Ulta Lidl Ross Stores Sephora H&M* Hobby Lobby Walmart*** Dick s Sporlng Goods, Inc. **** Target***** Costco****** Bonobos Macy's Backstage******* Nordstrom Forever 21 (Riley Rose) Total: 3,262 announced store openings 53% year over year ,000 1,200 1,400 * By the end of ** Net store openings. *** Includes new, expanded and relocated stores. **** 43 Dick s Sporting Goods stores and 9 Golf Galaxy stores. ***** All new openings are small-format stores. ****** Adjusted to calendar year from fiscal year reporting. ******* Will be opened within existing full-line Macy s Macy's stores. 4
5 2016 Store Openings and Closures 2016 Major US Store Closures Sports Authority 463 Sears and Kmart* Men s Warehouse/Jos A. Bank Walgreens 200 Walmart 154 Office Depot 123 Gap 71 Staples 48 Chico s FAS The Children s Place American Eagle Kohl s Finish Line Total: 1,674 announced store closures JCPenney * Closing 206 Kmart and 37 Sears stores Major US Store Openings Dollar General 900 Dollar Tree 584 TJX 146 Ulta Ross Stores Dick s Sporlng Goods Sephora* H&M Aldi Costco** Under Armour*** Target Zara Total: 2,139 announced store openings ,000 * Net store number between December 2015 and March Includes 55 new stores in JCPenney and 17 standalone Sephora stores. ** Adjusted from fiscal year figures. *** Net number of stores in North America. 5
6 Deborah Weinswig, CPA Managing Director Fung Global Retail & Technology New York: Hong Kong: China: Kiril Popov Senior Analyst Esme Pau Analyst Matthew Lee Research Assistant Hong Kong: 8th Floor, LiFung Tower 888 Cheung Sha Wan Road, Kowloon Hong Kong Tel: London: Marylebone Road London, NW1 6JQ United Kingdom Tel: 44 (0) New York: 1359 Broadway, 9th Floor New York, NY 18 Tel: FungGlobalRetailTech.com 6
Weekly Store Openings and Closures Tracker #10: Sears Closing More Stores. June 9, 2017
Weekly Store Openings and Closures Tracker #10: Sears Closing More Stores Fung Global Retail & Technology tracks store openings and closures for a select group of US retailers. 1) This week, the Retail
More informationWeekly Store Openings and Closures Tracker #6: Bonobos Opening 20 New Stores. May 5, 2017
Fung Global Retail & Technology tracks store openings and closings for a select group of US retailers. Weekly Store Openings and Closures Tracker #6: Bonobos Opening 20 New Stores 1) Among the retailers
More informationWeekly Store Openings and Closures Tracker #14: True Religion Bankruptcy & Walgreens Adds Stores. July 7, 2017
Weekly Store Openings and Closures Tracker #14: True Religion Bankruptcy & Walgreens Adds Stores Fung Global Retail & Technology tracks store openings and closures for a select group of US retailers. 1)
More informationWeekly Store Openings and Closures Tracker #17: Michael Kors Buys Jimmy Choo. July 28, 2017
Weekly Store Openings and Closures Tracker #17: Michael Kors Buys Jimmy Choo Deborah Weinswig Managing Director FGRT deborahweinswig@fung1937.com US: 917.655.6790 HK: 852.6119.1779 CN: 86.186.1420.3016
More informationWeekly Store Openings and Closures Tracker #20: Target Store Redesign Plans on Track; VF Acquires Williamson-Dickie.
Fung Global Retail & Technology tracks store openings and closures for a select group of US retailers. Weekly Store Openings and Closures Tracker #20: Target Store Redesign Plans on Track; VF Acquires
More informationWeekly Store Openings and Closures Tracker 2018 #3: Kiko USA and A gaci File for Bankruptcy; Greggs to Open Net Stores
January 1, 018 Weekly Store Openings and Closures Tracker 018 #: Kiko USA and A gaci File for Bankruptcy; Greggs to Open Net 1 Stores FGRT tracks store openings and closures for a select group of retailers
More informationWeekly Store Openings and Closures Tracker #29: Target to Open 32 Stores in 2017 and 35 in 2018; Nordstrom Suspends Privatization Talks
October 0, 01 Weekly Store Openings and Closures Tracker #: Target to Open Stores in 01 and in 01; Nordstrom Suspends Privatization Talks Deborah Weinswig Managing Director FGRT deborahweinswig@fung1.com
More informationWeekly Store Openings and Closures Tracker #35: Giggle to Close Six Stores; New York & Company to Acquire Fashion to Figure.
December 1, 01 Weekly Store Openings and Closures Tracker #: Giggle to Close Six Stores; New York & Company to Acquire Fashion to Figure FGRT tracks store openings and closures for a select group of retailers
More informationWeekly Store Openings and Closures Tracker #34: Bon-Ton to Close 40 Stores; J.Crew to Close 50 Stores
November, 01 Weekly Store Openings and Closures Tracker #: Bon-Ton to Close 0 Stores; J.Crew to Close 0 Stores Deborah Weinswig Managing Director FGRT deborahweinswig@fung1.com US: 1..0 HK:.11.1 CN:.1.10.01
More informationWeekly Store Openings and Closures Tracker #37: Charming Charlie to Close 100 Stores; Dollar General to Open 900 Stores
December 1, 01 Weekly Store Openings and Closures Tracker #: Charming Charlie to Close 0 Stores; Dollar General to Open 00 Stores FGRT tracks store openings and closures for a select group of retailers
More informationWeekly Store Openings and Closures Tracker #26: Ascena Retail Reiterates Store Closure Target; Aldi Plans 70. September 29, 2017
FGRT tracks store openings and closures for a select group of retailers in the US and the UK. Weekly Store Openings and Closures Tracker #6: Ascena Retail Reiterates Store Closure Target; Aldi Plans 0
More informationWeekly Store Openings and Closures Tracker #24: Gymboree and Rue21 Emerge from Bankruptcy; Neiman Marcus to Close 10 Stores. September 15, 2017
September 1, 01 Weekly Store Openings and Closures Tracker #: Gymboree and Rue1 Emerge from Bankruptcy; Neiman Marcus to Close Stores Deborah Weinswig Managing Director FGRT deborahweinswig@fung1.com US:
More informationWeekly Store Openings and Closures Tracker #33: Vitamin World to Close 124 Stores; Fashion to Figure Files for Bankruptcy
November 1, 01 Weekly Store Openings and Closures Tracker #: Vitamin World to Close 1 Stores; Fashion to Figure Files for Bankruptcy FGRT tracks store openings and closures for a select group of retailers
More informationWeekly Store Openings and Closures Tracker #36: Indochino to Open 18 Stores; Toys R Us to Close 26 UK Stores
December, 01 Weekly Store Openings and Closures Tracker #: Indochino to Open 1 Stores; Toys R Us to Close UK Stores FGRT tracks store openings and closures for a select group of retailers in the US and
More informationWeekly Store Openings and Closures Tracker #30: Walgreens to Close 600 Stores; Lloyds Pharmacy to Close 190 Stores.
October, 01 Weekly Store Openings and Closures Tracker #0: Walgreens to Close 0 Stores; Lloyds Pharmacy to Close Stores Deborah Weinswig Managing Director FGRT deborahweinswig@fung1.com US: 1.6. HK:.611.1
More informationWeekly Store Openings and Closures Tracker 2018 #5: Bon-Ton to Close Five More Stores
February, 018 Weekly Store Openings and Closures Tracker 018 #: Bon-Ton to Close Five More Stores FGRT tracks store openings and closures for a select group of retailers in the US and the UK. 1) Year-to-date
More informationWeekly Store Openings and Closures Tracker 2018 #11: Abercrombie & Fitch to Close 60 Stores, Ross Stores to Add 100
Weekly Store Openings and Closures Tracker 08 #: Abercrombie & Fitch to Close 0 Stores, Ross Stores to Add 0 Deborah Weinswig Founder and CEO Coresight Research deborahweinswig@fung7.com US: 7.. HK: 8..77
More informationWeekly Store Openings and Closures Tracker 2018 #7: Land of Nod Closes All of Its Stores
Weekly Store Openings and Closures Tracker 018 #7: Land of Nod Closes All of Its Stores Deborah Weinswig CEO and Founder Coresight Research deborahweinswig@fung17.com US: 17..70 HK: 8.11.177 CN: 8.18..01
More informationWeekly Store Openings and Closures Tracker 2018 #23: Hudson s Bay Co. to Close 10 Lord & Taylor Stores
Weekly Store Openings and Closures Tracker 08 #: Hudson s Bay Co. to Close Lord & Taylor Stores Coresight Research tracks store openings and closures for a select group of retailers in the US and the UK,
More informationDisrupting the Apparel Supply Chain: Will Automation Move Production Closer to the Consumer?
Disrupting the Apparel Supply Chain: Will Automation Move Production Closer to the Consumer? 1) Cost-efficient automation in the apparel manufacturing industry would enable onshore production and reduce
More informationWeekly Store Openings and Closures Tracker 2018 #47: Advanced Sports Enterprises to Shut 40 Stores
November, 0 Weekly Store Openings and Closures Tracker 0 #: Advanced Sports Enterprises to Shut 0 Stores Coresight Research tracks store openings and closures for a select group of retailers in the US
More informationUS Store Closures 2019 Outlook: No Light at the End of the Tunnel
US Store Closures 2019 Outlook: No Light at the End of the Tunnel Coresight Research tracked 5,524 U.S. store-closure announcements in 2018. While this figure was down 32% from the prior year, the number
More informationDEEP Dive: Global Furniture and Homewares E-Commerce
DEEP Dive: Global Furniture and Homewares E-Commerce Key points: 1) Global online furniture and homewares revenues are projected to increase by a five-year compound annual growth rate (CAGR) of 15% to
More informationSoutheast US Market Report Q UPDATE Ranking Retail Tenant Activity: Stop, Wait, Grow
Southeast US Market Report Q1 2016 UPDATE Ranking Retail Tenant Activity: Stop, Wait, Grow Crossman & is a premier real estate firm focused on serving retail landlords exclusively throughout the Southeast
More informationSPECS store planning, equipment, construction and facilities services
Dominant retailers continue to grow; portfolio optimization is new mantra store planning, equipment, construction and facilities services By Connie Robbins Gentry The annual Survey measures new stores
More informationINSERT EXPRESS ENHANCEMENTS
RETAIL COMPETITOR LOCATIONS OVERVIEW As an enhancement to your Insert Express system, Tactician Media has identified the top insert retailers in the nation. These locations have been added to your Strategy
More informationWhy Are UK Grocers Still Expanding in a Shrinking Market?
February. 26, 2015 Why Are UK Grocers Still Expanding in a Shrinking Market? Sales in the non- discount grocery segment will contract by more than 1% this year, FBIC forecasts Any recovery by long- struggling
More informationCommercial Heating & Cooling. HARRY BIZIOS President & Chief Operating Officer
HARRY BIZIOS President & Chief Operating Officer 1 Financial Summary COMMERCIAL HEATING & COOLING 2003 2004 2005 2006 Est. Sales $508 $581 $652 Segment Profit $38 $51 $57 Segment Profit Margin 7.5% 8.8%
More informationInvestment Opportunity. New Double Net Lease S&P Rated A. Verizon Wireless Woodbury Avenue - Portsmouth, NH
New Double Net Lease S&P Rated A Verizon Wireless 1840 Woodbury Avenue - Portsmouth, NH Investment Summary: This new Verizon Wireless store is is comprised of 3,700 sq ft ft on approximately 15 acres (of
More informationFIRST QUARTER 2016 SALES: 20.1bn GOOD START TO THE YEAR, ACCELERATING GROWTH IN INTERNATIONAL MARKETS
FIRST QUARTER 2016 SALES: 20.1bn GOOD START TO THE YEAR, ACCELERATING GROWTH IN INTERNATIONAL MARKETS REPORTED GROWTH OF +3.8% EX PETROL, +3.1% LIKE-FOR-LIKE International: Reported growth of +6.4% ex
More informationFOR LEASE Gideon Dr
PRESENTED BY: RONALD GLASS Senior Vice President 703.873.5724 ronald.glass@longandfoster.com JENNIFER BURKE 703.506.2850 jennifer.burke@lnf.com www.commercialdivision.lnfre.com Long & Foster Commercial
More informationCooperTowne Center. Somerdale, NJ (c) National Realty & Development Corp. Page 1
CooperTowne Center Somerdale, NJ Page 1 Somerdale, NJ Table of Contents Quick Facts Property Photo Property Photo Property Photo Lease Plan Competition Map Demographics Demographics Demographics 3 4 5
More information2017 Commercial Real Estate Market Report
2017 Commercial Real Estate Market Report BROKERAGE DEVELOPMENT PROPERTY MANAGEMENT www.commonwealdc.com A message from our President: Stuart M. Schaefer President Dear Friends and Colleagues: Thank you
More informationSome retailers starting the holiday shopping season on Thanksgiving Day
Some retailers starting the holiday shopping season on Thanksgiving Day By Associated Press, adapted by Newsela staff on 11.14.16 Word Count 831 Shoppers carry bags as they cross a pedestrian walkway near
More informationThe Home Depot: A Timeline of Key Events
The Home Depot: A Timeline of Key Events This report is part of our Retailers Timelines series. In this report, we examine key events in Home Depot s recent history. 1) Home Depot undertook meaningful
More information2018 HALF-YEAR RESULTS SHAREHOLDER QUICK GUIDE
2018 HALF-YEAR RESULTS SHAREHOLDER QUICK GUIDE 1 GROUP PERFORMANCE SUMMARY We are pleased to provide shareholders with a summary of Wesfarmers Limited s results for the half-year ended 31 December 2017.
More informationRetail. Retail gets a makeover. Stores and centers trim down and spruce up their image. United States Retail Outlook Q
Retail United States Retail Outlook Q2 2017 Retail gets a makeover Stores and centers trim down and spruce up their image JLL Research Contents Retail fundamentals approach their apex in major s 4 Retail
More informationRETAIL. Kolb Properties. MEDC Conference June 11,2014. Donna Maxwell, Broker/Salesperson Kolb Properties
RETAIL MEDC Conference June 11,2014 Donna Maxwell, Broker/Salesperson Kolb Properties Kolb Properties Daily Affirmation What do you want? What are your strengths? What are your demographics? Are you ready?
More informationRETAIL MARKET ANALYSIS
RETAIL MARKET ANALYSIS KYLE BROWN RMLS Fellow, Master of Real Estate Development Candidate The retail market continues to show slow but steady improvement, but remained mostly flat during the fourth quarter.
More informationSHAREHOLDER QUICK GUIDE 2016 FULL-YEAR RESULTS
SHAREHOLDER QUICK GUIDE FULL-YEAR RESULTS FULL-YEAR RESULTS SHAREHOLDER QUICK GUIDE Group performance summary GROUP PERFORMANCE SUMMARY We are pleased to provide shareholders with a summary of Wesfarmers
More informationDeep Dive: US Furniture Market 2017 Stores Face Softer Growth and E-Commerce Competition
Deep Dive: US Furniture Market 2017 Stores Face Softer Growth and E-Commerce Competition Deborah Weinswig Managing Director, FGRT deborahweinswig@fung1937.com US: 917.655.6790 HK: 852.6119.1779 CN: 86.186.1420.3016
More informationSGREIT reports DPU of 1.17 cents for 2Q FY17/18
Media release by: YTL Starhill Global REIT Management Limited (YTL Starhill Global) Manager of: Starhill Global Real Estate Investment Trust (SGREIT) SGREIT reports DPU of 1.17 cents for 2Q FY17/18 HIGHLIGHTS
More informationMETRO GROUP achieves sales target and confirms EBIT guidance
19 October 2015 1/5 METRO GROUP achieves sales target and confirms EBIT guidance Like-for-like sales growth of 1.5% in financial year 2014/15 Growth drivers online retail and delivery remain successful
More informationWhen Tenants Take a Fall Adaptive Reuse of Vacant Retail
When Tenants Take a Fall Adaptive Reuse of Vacant Retail January 26, 2018 National Retail Trends E-Commerce Trends In 2017, e-commerce sales reached 8.9% of total U.S. retail sales Amazon supports 4% of
More informationChicago Building Reuse: An Overview. Paul Shadle Partner, DLA Piper
Chicago Building Reuse: An Overview Paul Shadle Partner, DLA Piper North Broadway, Uptown Pilsen North Halsted The Forum Building, 43 rd and Calumet Chicago s Building Stock Data Analysis and Mapping by
More information2011 Fourth Quarter Results
2011 Fourth Quarter Results February, 2012 INVESTOR RELATIONS Disclaimer The financial information in this document are consolidated earnings results based on K-IFRS. The previous earnings results have
More informationNET LEASE INVESTMENT OFFERING SHOPKO W 41st Street Sioux Falls, SD 57105
SHOPKO 1601 W 41st Street Sioux Falls, SD 57105 TABLE OF CONTENTS TABLE OF CONTENTS I. Executive Profile Executive Summary Investment Highlights Property Overview II. Location Overview Photographs Aerial
More informationB&M European Value Retail SA Interim Results Presentation 26 weeks to 23 rd September 2017
B&M European Value Retail SA Interim Results Presentation 26 weeks to 23 rd September 2017 Interim FY18 Group Highlights Group revenues increased by 21.7% to 1,346.4m B&M LFL revenues +7.5%, Q2 LFL +7.7%
More information2017 Annual General Meeting 27 October 2017
ASX: GAP 2017 Annual General Meeting 27 October 2017 Chairman s address: David Allman Chairman s address: David Allman Revenue $A million NPAT $A million 200 150 100 50 0 137.3 76.4 60.9 148.0 80.6 67.4
More information2010 FOURTH QUARTER AND FULL YEAR RETAIL SALES RESULTS
26 July 2010 The Manager Company Announcements Office Australian Securities Exchange Dear Sir, 2010 FOURTH QUARTER AND FULL YEAR RETAIL SALES RESULTS Please find attached an announcement regarding the
More informationINVESTOR NEWS /16
Düsseldorf, 14.12.2016 1/8 INVESTOR NEWS 1-2015/16 METRO GROUP meets sales and earnings targets in financial year 2015/16 EBIT from continuing operations before special items reaches 1,560 million (2014/15:
More information2018 First Quarter Retail Sales Results
2018 First Quarter Retail Sales Results 25 October 2017 First Quarter Sales ($m) 2018 2017 Variance % Food & Liquor 1,2 7,968 7,850 1.5 Convenience 1,3 1,402 1,549 (9.5) Total Coles 9,370 9,399 (0.3) Bunnings
More informationCarrefour Q sales up 1.5% to 22.5bn Resilience in food, continued weakness in non food spending
Carrefour Q1 2012 sales up 1.5% to 22.5bn Resilience in food, continued weakness in non food spending Q1 2012 sales (inc. VAT) of 22.5bn, +0.9%*, (+1.5% including petrol and at current exchange rates)
More informationJcpenney bankruptcy news
Jcpenney bankruptcy news May 17, 2018. The struggling retailer reported another quarterly loss and weak sales, and it blamed bad weather. Its debt load is increasing. Things look. Mar 12, 2018. J.C. Penney
More informationFor personal use only
6 February 2014 The Manager Companies Australian Securities Exchange Limited Company Announcements Office Level 4 20 Bridge Street Sydney NSW 2000 Dear Sir/Madam RE: Woolworths Limited Listing Rule 3.1
More informationBen Gordon Chief Executive
Interim Results 18 th November, 2009 Ben Gordon Chief Executive Performance highlights Group sales +7.9% to 387.3m Group network sales up 13.6% to 549.1m Group underlying profit before tax +11.1% to 10.0m
More informationRetailer Presentation
Retailer Presentation Contents Retailer Summary Seven & I Holdings Banners include: Strategy Management Structure Countries of Operation Global Retail Index Financial Information Key Formats SWOT Summary
More informationLowe's Companies Inc (LOW) - Financial and Strategic SWOT Analysis Review
Lowe's Companies Inc (LOW) - Financial and Strategic SWOT Analysis Review Lowe's Companies Inc (LOW) - Financial and Strategic SWOT Analysis Review The Business Research Store is run by Sector Publishing
More informationSGREIT reports DPU of 1.09 cents for 3Q FY17/18
Media release by: YTL Starhill Global REIT Management Limited (YTL Starhill Global) Manager of: Starhill Global Real Estate Investment Trust (SGREIT) SGREIT reports DPU of 1.09 cents for 3Q FY17/18 HIGHLIGHTS
More informationMETRO GROUP continues operational improvement trend in 2014/15
15 December 2015 1/11 METRO GROUP continues operational improvement trend in 2014/15 EBIT before special items totalling 1,511 million, influenced by the negative impact of exchange rate effects amounting
More informationResults Briefing: Consolidated Cumulative Q3RD (March to November 2014) Results of 2015 Ending February
Results Briefing: Q3RD (March to November 2014) Results of 2015 Ending February 2015.1.19 I. Results Overview *The amounts given in this material are rounded down to the nearest million yen. 2 1. Consolidated
More informationFor personal use only
29 April The Manager Company Announcements Office Australian Securities Exchange Dear Sir, THIRD QUARTER RETAIL SALES RESULTS Attached is an announcement regarding the third quarter retail sales results.
More informationStable sales excluding petrol (at constant exchange rates) Q sales inc. VAT: 22.7bn
Q1 2009 sales incl. VAT 16 April 2009 Stable sales excluding petrol (at constant exchange rates) Q1 2009 sales inc. VAT: 22.7bn o Q1 2009 sales including VAT: 22.7bn, 1.4% at constant exchange rates o
More informationUpdate - Home Improvement
12 August 2014 Update - Home Improvement Woolworths Limited (Woolworths) today provided an update to the market on its Home Improvement business. Key points Update on financial results with losses in FY14
More informationHalf Year Results 2016 Presentation
Half Year Results 2016 Presentation Agenda Company highlights Financial results nbn operational progress Questions 2016 nbn co limited 2 2020 goals Connect Australia. Close Digital Divide 8 million premises
More informationQ Sales October 17 th 2018
Q3 Sales October 17 th Q3 Highlights Acceleration in sales growth: +2.1% LFL Strong momentum in the roll-out of the Carrefour 2022 transformation plan Better momentum in France, driven by an improved commercial
More informationUrban Land Institute-MN. Changing Retail Market. John Johannson Welsh Companies/Colliers International
Urban Land Institute-MN Changing Retail Market John Johannson Welsh Companies/Colliers International #1. What the Numbers Say: Retail Market Statistics Suggest a Healthy Market 67 million s.f. total shopping
More informationGroup Profit Increased by 30% to HK$22 billion
Group Profit Increased by 30% to HK$22 billion Wheelock and Company Limited 2014 Final Results Presentation 17 March 2015 Highlights Group profit increased by 30% to $22b $18.8b record property contracted
More informationTrading statement for the fourth quarter and full year ended 2 February 2002 KINGFISHER REPORTS SALES GROWTH OF 9.9%, BOOSTED BY 17.
Thursday 14 February 2002 Trading statement for the fourth quarter and full year ended 2 February 2002 KINGFISHER REPORTS SALES GROWTH OF 9.9%, BOOSTED BY 17.0% GROWTH AT B&Q Kingfisher plc, the leading
More informationNEWS 2012 FOURTH QUARTER AND FULL-YEAR RETAIL SALES RESULTS
NEWS 26 July 2012 2012 FOURTH QUARTER AND FULL-YEAR RETAIL SALES RESULTS Full-Year Sales ($m) Financial Year 2012 Financial Year 2011 Movement (%) Food & Liquor 1,2 26,182 25,025 4.6 Convenience 1,3 7,516
More informationPenn Center East is excited to announce the redevelopment of the former Sears space.
D.4 E.3 F.2 H.1 J.1 K.2 M.1 1 A-102 1.9 SCALE: 1/16" = 1'-0" 1.7 101 SELF STORAGE RETAIL BELOW GRADE LEVEL 54,600 SF FIRST FLOOR LEVEL SELF STORAGE 58,962 SF RETAIL S 35,500 SF 1.5 1.3 102 1.1 1 2 103
More informationMETRO GROUP continues slight sales growth and confirms EBIT guidance
1/6 METRO GROUP continues slight sales growth and confirms EBIT guidance Like-for-like sales growth of 0.2% in financial year 2015/16 METRO Cash & Carry and Real increase like-for-like sales in Q4; Media-
More informationWHEELOCK AND COMPANY LIMITED. Annual Report 2000 / 2001 BUSINESS REVIEW. Gateway, Hong Kong
BUSINESS REVIEW Gateway, Hong Kong 16 KEY TO SUCCESS Being an actively-managed conglomerate with a welldiversified portfolio of businesses in the areas of property development, property investment, quality
More informationLENTA SALES AND OPERATING HIGHLIGHTS FOR THE FOURTH QUARTER AND FULL YEAR ENDED 31 DECEMBER 2017
LENTA SALES AND OPERATING HIGHLIGHTS FOR THE FOURTH QUARTER AND FULL YEAR ENDED 31 DECEMBER 2017 St-Petersburg, Russia; 25 January, 2018 Lenta Ltd, (LSE, MOEX: LNTA / Lenta or the Company ) one of the
More informationStrategic Trends in Global Retailing What it means for Latin America s retailers
Strategic Trends in Global Retailing What it means for Latin America s retailers ALAS 2003 Acapulco, Nov 2003 Ira Kalish Global Director What about the business environment? Expect slow growth in developed
More informationContact: Ken K. Hira Senior Vice President, Kosmont Companies Southern California State Director
Contact: Ken K. Hira Senior Vice President, Kosmont Companies Southern California State Director khira@kosmont.com THE SCRIPT The Great Retail Recession Retail Trends Stories of Demise and Rebirth Who
More information2018 Half-year Results Debt Investor Update
2018 Half-year Results Debt Investor Update Group Performance Summary Group performance summary Half-year ended 31 December ($m) 2017 2016 Var % Revenue 35,903 34,917 2.8 EBIT 1,113 2,429 (54.2) EBIT (exc.
More informationGardening in Europe: Emerging Markets and Future Prospects
Gardening in Europe: Emerging Markets and Future Prospects MY PLANT AND GARDEN - Milan, February 2018 Stefano Botter Senior Analyst, Home and Technology ABOUT EUROMONITOR INTERNATIONAL 2 Who is Euromonitor
More informationMothercare plc Proposed Acquisition of Early Learning Centre
Mothercare plc Proposed Acquisition of Early Learning Centre Ben Gordon Chief Executive Strategic acquisition - rationale Creates a key destination for parents of babies and young children Highly complementary
More informationFranchise Expo South Press Kit
Franchise Expo South Press Kit Table of Contents 1. About Big Frog Custom T-Shirts & More 2. Fact Sheet 3. Press Releases 4. Media Highlights About Big Frog Custom T-Shirts & More Launched in 2008, Big
More informationMETRO GROUP kicks off 2015/16 with like-for-like sales increases at METRO Cash & Carry and Media-Saturn
Press Release 12 January 2016 1/5 METRO GROUP kicks off 2015/16 with like-for-like sales increases at METRO Cash & Carry and Media-Saturn Group like-for-like sales in Q1 2015/16 on prior year level: +0.1%
More informationFY 2015/16 RESULTS PRESENTATION. 14 December 2016
FY 2015/16 RESULTS PRESENTATION 14 December 2016 DISCLAIMER AND NOTES To the extent that statements in this presentation do not relate to historical or current facts, they constitute forward-looking statements.
More informationPreliminary Results 20 May Mothercare Preliminary Results
Preliminary Results 20 May 2010 Mothercare Preliminary Results Ben Gordon Chief Executive Performance highlights Group network sales up 10.0% to 1.1 billion Underlying profit from operations up 16.6% to
More informationMoving Beyond Compliance: Campaigns & Corporate Strategies
Moving Beyond Compliance: Campaigns & Corporate Strategies The Mind the Store Campaign Challenging & Engaging Retailers to Develop Comprehensive Chemical Policies Mike Schade, Mind the Store Campaign Director
More informationRETAIL CONSTRUCTION IN ILLINOIS: WHY THE SLUMP?
ISSUE BRIEF RETAIL CONSTRUCTION IN ILLINOIS: WHY THE SLUMP? CHRIS BREWER, JOE VITONE, AND JOE SCHWIETERMAN AECOM TECHNICAL SERVICES INC. AND DEPAUL UNIVERSITY This issue brief evaluates the pace of new
More informationFURTHER SALES GROWTH IN Q1 2017: +6.2% to 21.3bn CONTINUED PROGRESSION IN FOOD SALES
FURTHER SALES GROWTH IN Q1 2017: +6.2% to 21.3bn CONTINUED PROGRESSION IN FOOD SALES Sharp increase in sales in the first quarter of 2017, reflecting the relevance of Carrefour s multiformat model and
More informationB&M European Value Retail SA Preliminary Results Presentation 53 weeks to 31st March 2018
B&M European Value Retail SA Preliminary Results Presentation 53 weeks to 31st March 2018 FY18 Group Highlights Group revenues increased by 22.4% to 2,976.3m B&M UK LFL revenues +4.7% 47 gross new B&M
More informationSimple Steps, Smart Savings
Simple Steps, Smart Savings January 2016 Prepared by CLEAResult for Bonneville Power Administration 2.29.2016 Simple Steps, Smart Savings 1 Unit Movement Summary: Delivery Model Retail 2016 Program Year
More informationWHY MALL REUSE IS JUST BEGINNING
WHY MALL REUSE IS JUST BEGINNING MAY 2017 WHY MALL REUSE IS JUST BEGINNING A current retail storyline is that the days of regional malls are numbered. The assumptions underlying this narrative are that
More informationAttention ASX Company Announcements Platform. Lodgement of Open Briefing.
Attention ASX Company Announcements Platform. Lodgement of Open Briefing. Wesfarmers Limited Wesfarmers House 40 The Esplanade Perth Western Australia 6000 Date of Lodgement: 16-May-2003 Title: Open Briefing.
More informationLOWE S SECURITY ANALYSIS TERRY ASANTE
LOWE S SECURITY ANALYSIS TERRY ASANTE THE OUTLINE 1. Theme 2. Business Analysis 3. Financial Analysis 4. Stock Valuation 5. The moat 6. Risk 7. Bulls vs.. Bears 8. Investing Strategies THE THEME Lowe s
More informationBathroom Newsletter August 2011
Bathroom Newsletter August 2011 International Market Strategy Topics BRG News Sweden Germany BAUHAUS Starts Online Business HORNBACH First Quarter Results Germany BAYWA Denies Rumours On Possible Acquisition
More informationKingfisher plc Sarah Levy. Director of Investor Relations
Kingfisher plc Sarah Levy Director of Investor Relations Agenda Kingfisher at a Glance Strategic History Our Markets and Brands Creating the Leader Strategy Q1 2014/15 Summary Priorities for 2014/15 Appendix
More informationNeedham Growth Conference January 10,
R Needham Growth Conference - 2017 January 10, 2017 1 Forward Looking Statements Certain statements made in this presentation that are not based on historical information are forward-looking statements
More informationGlobal Powers of Retailing 2014: Retail Beyond
Global Powers of Retailing 2014: Retail Beyond Ira Kalish Deloitte Touche Tohmatsu Limited Scott Bearse Deloitte Consulting LLP 13 January 2014 1 Follow us @DeloitteCB #nrf14 RETAIL BEYOND 2 2014. For
More informationLEXINGTON SCHOOL DISTRICT ONE BANK CARD TRANSACTIONS AUGUST 1-31, 2011
PAGE 1 8/2/2011 BP CLAMP PUPIL ACTIVITY 57.49 8/2/2011 SSI*EPSCC PUPIL ACTIVITY 218.90 8/2/2011 HOME DEPOT SUPPLIES 32.90 8/2/2011 PUBLIX SUPPLIES 5.07 8/2/2011 TARGET SUPPLIES 51.72 8/2/2011 TARGET SUPPLIES
More informationYear-end report January-December January 24, 2014 Magnus Agervald and Pernilla Walfridsson
Year-end report January- January 24, 2014 Magnus Agervald and Pernilla Walfridsson Summary January In the fourth quarter, Byggmax increased net sales 7.7 percent. Net sales amounted to SEK 633.2 M (587.9)
More informationFULL YEAR RESULTS 2016/17
PICTURE BOX Resize your image to this grey area only See example slide for reference FULL YEAR RESULTS 2016/17 24 May 2017 AGENDA Introduction Review of 2016/17 Progress update Guidance Q&A BUILDING A
More information