RetailStat’s Post

RetailStat Analysis: Kohl's Struggles Amid Eroding Sales and Leadership Transition Kohl’s continues to grapple with declining performance, reporting a 9.3% drop in Q3 comps and slashing its FY24 outlook. While beauty (+15%) and home categories saw gains, core apparel and footwear sales remain a significant challenge. With Ashley Buchanan set to take over as CEO in January, Kohl’s faces critical decisions around merchandising, store presentation, and navigating fierce competition from online giants and off-price retailers. What does the future hold for Kohl’s as it enters the holiday season? 📊 Download the full report, written by RetailStat Analyst Michael Blackburn, at https://lnkd.in/e-Auu-8h #RetailTrends #Kohls #LeadershipChange #RetailAnalysis #EarningsUpdate #RetailInsights

Nordstrom, Inc., posted strong Q3 fiscal 2024 results, with net sales up by 4.6% year-over-year to US $ 3.46 billion and GMV rising by 5.3%. Digital sales, which accounted for 34% of total revenue, grew 6.4%, though the Anniversary Sale’s timing shift trimmed sales by 100 basis points. Women’s clothing and activewear saw double-digit growth, while footwear and children’s apparel achieved mid- to high-single-digit gains. Nordstrom Rack sales surged by 10.6% year-over-year, highlighting its robust performance. To read more, click here👉🏻 https://lnkd.in/g3xAAtYR #ApparelResources #DailyNews #Nordstrom #QuarterlyResults #FashionRetail #DigitalSales #Activewear #WomensClothing #RetailGrowth #GMV #Ecommerce #Q3Performance #FootwearTrends #NordstromRack #ApparelIndustry #FashionMarket #ClothingSales #RetailExpansion #AnniversarySale #MensFashion #KidsApparel #RetailNews #ConsumerTrends #USRetail #LuxuryRetail #MarketPerformance #FashionBusiness #RetailTrends

Amid the excitement and rush of Black Friday, product returns remain a critical aspect of ensuring a successful Q4. The cost of online retail returns in the US is already off the charts, reaching $248 billion in 2023. For clothing and footwear, the return rate could exceed 40% – a headache for any retailer. With Thanksgiving fast approaching, we share the fundamentals of how to improve your return process ahead of the sales rush. If you need further help, reach out to one of our fulfillment experts: https://lnkd.in/dgJKJy4h #blackfriday #peakseason

Nike has continued its shift from direct-to-consumer (D2C) to wholesale channels over the past three months. Matthew Friend John Donahoe #Retail #TextileRetail #ApparelRetail #RetailNews #DailyNews #USA #footwear #RetailIndustry #ApparelResources #ApparelIndustry #FashionBrand

Introducing our new VP of Product, Fion Lam! Fion brings a deep understanding of the merchandising challenges modern apparel + footwear brands face — and the product chops required to develop elegant solutions to complex problems. Her time at iconic companies like Faire, Square, and Accel crystallized many foundational skills, none more important than the understanding that great products are rooted in customer empathy. Read the Q&A to: - Learn more about her product philosophy - Understand why solving the big data problem is so important for merchandising teams - Get her prediction about when retail waste will be a thing of the past https://lnkd.in/g-xwR_Ns

US-based apparel giant Gap has registered a 2 per cent rise in its net sales for this year's final quarter. The Q3 sales rose to US $ 3.8 billion compared to previous year's sales. To read more, click here👉🏻 https://lnkd.in/gu8QPi2y Richard Dickson #ApparelResources #DailyNews #Gap #RetailGrowth #SalesRise #Q3Results #ApparelIndustry #MarketTrends #GlobalRetail #BusinessGrowth #FashionSales #ConsumerTrends #USRetail #FinancialSuccess #ApparelMarket #GlobalBrands #GapSales #RetailResilience #EconomicGrowth #QuarterlySales #ApparelBusiness #FashionTrends #RetailSuccess #BrandPerformance #GlobalFashion #GrowthMomentum #FashionRetail

Weekly Earnings Insights: Holiday 2024 Updates Our "Earnings Insights" series provides an in-depth look at earnings and commentary from major US retailers within our Coresight 100 list. This week, we cover results from the week ending November 10, 2024, with updates from the apparel and footwear, beauty, drugstore, e-commerce, home and home-improvement, and luxury sectors. Data in this report include: • Quarterly data from companies, including gross margins and sales data by brand (where applicable), channel and geography This week also features holiday 2024 updates from the likes of Ralph Lauren, Qurate Retail and Wayfair. Other companies mentioned in this report include Coty, CVS Health, Hanesbrands Inc., Tapestry, and Under Armour, among others. 💡Receive actionable insights on the drivers behind these companies' results and key trends as we approach the end of the year. Subscribe to download: https://lnkd.in/dqxNA_Ph #RetailEarnings #RetailAnalysis #Holiday2024 #HolidayStrategy

US omnichannel retailer Kohl's has revised its net sales and diluted EPS guidance for the full year 2024 as sales in apparel and footwear business remained soft. https://buff.ly/4ghFPZ7 #apparelretail #ceo #Q3

Hello connections 😉 Happy to share with you all my new project Adidas sales dashboard created in Power BI, showcasing key metrics like total sales (899.90M), operating profit (332.13M), and units sold (2M). It visualizes performance across products, retailers, cities, and regions. Key insights include Women’s Athletic Footwear leading in profit, Amazon as a top retailer by sales, and New York as the top city by sales and profit. The dashboard also highlights sales trends over time and distribution by sales methods (In-store, Outlet, Online). It provides a comprehensive overview of sales performance for strategic decision-making. dashboard link: https://lnkd.in/gfnYr2s8

The default risk for U.S. retailers eased slightly in May. The overall retail default risk slipped to 2.1 percent from 2.4 percent in April—and even better were the defaults risks for fashion retailers. Broadline retail slipped to 3.3 percent from 3.5 percent in April, with apparel retailers falling to 3.0 percent to 3.7 percent over the same period. Other specialty retailers fell to 2.9 percent from 3.8 percent, while the risk for apparel, accessories and luxury goods retailers was 1.5 versus the prior month’s 2.0 percent. Footwear retailers dipped to 0.9 percent from 1.1 percent in April.