weekly promo update october 28 2016 - home - coresight …€¦ ·  · 2016-10-2820%–50% off...

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1 Week of October 23, 2016 DEBORAH WEINSWIG, MANAGING DIRECTOR, FUNG GLOBAL RETAIL & TECHNOLOGY [email protected] US: 917.655.6790 HK: 852.6119.1779 CN: 86.186.1420.3016 Copyright © 2016 The Fung Group. All rights reserved. WHAT’S INSIDE WEEK OF OCTOBER 23, 2016 Bloomingdale’s is running more sales this week than it did during the same week last year. The retailer is offering shoppers up to two in-store-exclusive promotions and one online-exclusive promotion this week; last year this week, it offered no in-store- exclusive promotions and four online-exclusive ones. Bloomingdale’s extended its Buy More, Save More promotion one day longer for online shoppers this year. The retailer is using text message marketing this week, which it did not use during this week last year. More Promotions than Last Year JCPenney is promoting more sales this week than it did during this week last year. The retailer is offering up to one in-store- exclusive sale and one online-only sale this week, while it offered a single online-only promotion last year. JCPenney is running a Power Penney Days Sale this week that it did not offer during the same week last year. Fewer Promotions than Last Year Kohl’s is running fewer sales this year than it did during the same week last year. The company is offering up to three online- exclusive sales this week, while it did not offer any online- exclusive sales last year. Kohl’s is promoting a Yes2You Rewards Members promotion for six days this week that it did not offer during this week last year. Macy’s is offering many fewer promotions this week than it did last year during the same week. The company is only promoting its one-day Super Sunday Sale this week. During the same week last year, Macy’s offered several promotions, including a designer pop-up sale, a web busters sale and deals of the day. More Promotions than Last Year Fewer Promotions than Last Year

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WeekofOctober23,2016

DEBORAHWEINSWIG,MANAGINGDIRECTOR,FUNGGLOBALRETAIL&[email protected]:917.655.6790HK:852.6119.1779CN:86.186.1420.3016Copyright©2016TheFungGroup.Allrightsreserved.

WHAT’S INSIDE

WEEK OF OCTOBER 23, 2016

Bloomingdale’sisrunningmoresalesthisweekthanitdidduringthesameweek lastyear.Theretailer isofferingshoppersuptotwo in-store-exclusive promotions and one online-exclusivepromotionthisweek; lastyearthisweek, itofferedno in-store-exclusive promotions and four online-exclusive ones.Bloomingdale’s extended its Buy More, Save More promotiononedaylongerforonlineshoppersthisyear.Theretailerisusingtextmessagemarketing this week,which it did not use duringthisweeklastyear.

MorePromotionsthanLastYear

JCPenney is promotingmore sales thisweek than it did duringthisweek last year. The retailer is offering up to one in-store-exclusivesaleandoneonline-onlysalethisweek,whileitoffereda single online-only promotion last year. JCPenney is running aPowerPenneyDaysSalethisweekthatitdidnotofferduringthesameweeklastyear.

FewerPromotionsthanLastYear

Kohl’sisrunningfewersalesthisyearthanitdidduringthesameweek last year. The company is offering up to three online-exclusive sales this week, while it did not offer any online-exclusivesaleslastyear.Kohl’sispromotingaYes2YouRewardsMemberspromotion forsixdays thisweek that itdidnotofferduringthisweeklastyear.

Macy’sisofferingmanyfewerpromotionsthisweekthanitdidlastyearduringthesameweek.Thecompanyisonlypromotingitsone-daySuperSundaySalethisweek.Duringthesameweeklast year, Macy’s offered several promotions, including adesignerpop-upsale,awebbusterssaleanddealsoftheday.

MorePromotionsthanLastYear

FewerPromotionsthanLastYear

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WeekofOctober23,2016

DEBORAHWEINSWIG,MANAGINGDIRECTOR,FUNGGLOBALRETAIL&[email protected]:917.655.6790HK:852.6119.1779CN:86.186.1420.3016Copyright©2016TheFungGroup.Allrightsreserved.

WEEKLY US YOY COMPARISON RETAILER 2016 2015

• 6-DayOnlineand5-DayIn-StoreBuyMore,SaveMorePromotiono Take20%offpurchasesof$100–$249.99,

25%offpurchasesof$250–$499.99and30%offpurchasesof$500ormore

o Loyallistsgeta$25RewardCardforevery$100purchase

• 12-DayOnlineandIn-StoreBeautyBenefitso Chooseaburgundy,grayorblacktotebag

withany$125beautypurchase• Men’sDesignerSale

o Save30%–40%onagreatselectionofdesignerstyles

o Extra40%offalmostallpermanentlyreducedmen’sitems

• In-Store-OnlyWomen’sDesignerSaleo Take40%offselectedregular-price

designerpre-fallandfallstyles• Online-OnlyClearancePromotion

o Extra30%offallclearanceitems,fortotalsavingsofupto75%offoriginalprices

• In-Store-OnlyClearancePromotiono Extra20%–25%offselecteditemso Extra40%offgreenticketreducedo Extra50%offredticketclearance

• TextMessagePromotiono Take$20offany$100purchasewhen

subscribedtoBloomingdale’stheOutletStorealerts

• 5-DayOnlineandIn-StoreBuyMore,SaveMorePromotiono Take20%offpurchasesof$100–

$249.99,25%offpurchasesof$250–$499.99and30%offpurchasesof$500ormore

o Loyallistsgeta$25RewardCardforevery$100purchase

• 16-HourOnline-OnlyHomeSaleo Save50%–80%onselectedhomeitems

• 1-DayOnline-OnlybMoneyPromotiono Spend$250–$499.99toearn$50

bMoney,$500–$749.99toearn$100bMoney,$750–$999.99toearn$150bMoney,$1,000–$1,499.99toearn$200bMoneyand$1,250ormoretoearn$250bMoney

• 16-HourOnline-OnlyCoatSaleo 50%offselectedstylesforwomen’s

coatsand40%–50%offselectedstylesformen’scoats

• 16-HourOnline-OnlyMen’sSaleo 50%–70%offselectedmen’sclothing,

shoesandaccessoriesfromRalphLaurenandmore

• 2-DayOnlineandIn-StorePromotiono Extra20%offpurchasesof$100ormore

(onlineonly)o Extra15%offotherpurchases

• 2-DayPowerPenneyDaysSaleo Rewardsmembersgeta$10bonusreward

for$50spento $5,$7,$9,$11andmoredealsbeing

offered,including$5boys’noveltyteesand$11thermalsorflannelshirts

• 9-DayIn-Store-OnlyRedZoneClearanceo Buyone,getone50%offonselected

apparelandshoesforthefamily• 9-HourOnline-OnlySale

o Extra30%offpurchasesof$100ormoreo Extra25%offpurchasesunder$100

• 5-DayOnlineandIn-StorePromotiono $10offpurchasesof$25o Extra30%offpurchasesof$100ormoreo Extra25%offpurchasesunder$100

• 2-DayOnline-OnlySaleo Extra50%,40%or30%offselected

originalandregular-pricedstylesinmostcategories

• 3-DayOnlineandIn-StoreFriendsandFamilySaleo Extra25%offselectedoriginal,regular,

saleandclearance-pricedproducts,andextra15%offwatches,salonproducts,opticalandportrait

• HomeSaleo 30%–50%offselectedstyleso 40%–50%offhomecollections

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WeekofOctober23,2016

DEBORAHWEINSWIG,MANAGINGDIRECTOR,FUNGGLOBALRETAIL&[email protected]:917.655.6790HK:852.6119.1779CN:86.186.1420.3016Copyright©2016TheFungGroup.Allrightsreserved.

RETAILER 2016 2015 • 10-DayKohl’sChargePromotion

o Extra30%,20%or15%offwhenKohl’sChargeisused

o Extra20%offpurchasesof$100ormoreand15%offpurchasesunder$100

• 2-DayPromotionso $10offhomepurchasesof$50ormoreo $10offtoypurchasesof$50ormoreo $10offmen’sandmen’sbigandtall

purchasesof$50ormoreo $50offluggagepurchasesof$200ormore

• 1-DayOnline-OnlySavingso Take30%,20%or15%offpurchase

• 6-DayYes2YouRewardsMembersPromotiono Extra20%offpurchases(membersearn

triplepoints)• 2-DayOnline-OnlyBeddingSale

o Extra20%offcomfortersandquiltso 50%offbeddingsets,collectionsandquilts

• 2-DayOnline-OnlyBabyandKidsSaleo Extra15%offbabyandkids’clothesand

shoes

• 11-DayOnlineand10-DayIn-StoreKohl’sChargePromotiono Extra30%,20%or15%offpurchase

whenKohl’sChargeisusedo Save20%onpurchasesof$100or

moreor15%onpurchasesunder$100• 6-DayKohl’sCashPromotion

o Get$10Kohl’sCashforevery$50purchase

• 1-DayDoorBustersPromotiono 50%–60%offsweaters,knitsandfleece

formenandwomeno 30%–50%offtopsandbottomsforkids

• 2-DayBonusBuysPromotiono 30%–60%offcomforters,setsand

quiltso 10%–40%offtoyso 20%–50%offcookware

• 5-DayOnlineandIn-StoreGreatToySaleo $10offtoypurchaseof$50ormore

• OnlineandIn-StoreMen’sFallSaleo $10offmen’sandmen’sbigandtall

apparel,dressandcasualshoe,andwatchpurchaseof$40ormore

• 1-DaySaleo 40%–50%offouterwear,fleece,

sleepwear,loungewear,robes,sweatersandknittopsforthefamily

• 1-DaySuperSundaySaleo Extra20%,15%or10%offselected

departmentso 25%–50%offwomen’scoatso 40%–60%offmen’ssuitingo 35%–55%offfinejewelryo 30%–50%offwomen’sshoesandhandbags

andhomeproductso $59.50LancômeleParisianHolidayCase

withanyLancômepurchase

• ExclusiveDiscountPromotiono Extra25%offonmostcategorieso Extrasavingsonyourpurchaseof$100

ormore• 2-DayOnlineandIn-StoreDesignerPop-

UpSaleandPriceBreakso 20%–70%offselectedstyleso 25%–50%offwomen’sdesigner

clothingo 25%–60%offmen’sdesignerstyles

• WebBustersSaleo 30%offandextra15%offselected

kitchenelectricso 40%offselectedwomen’sdesigner

clothing• DealsoftheDay

o 40%–65%offselectedfinejewelryo Extra25%offselecteddesigner

handbags• CliniquePromotion

o Free7-piecegiftwithany$27Cliniquepurchase

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WeekofOctober23,2016

DEBORAHWEINSWIG,MANAGINGDIRECTOR,FUNGGLOBALRETAIL&[email protected]:917.655.6790HK:852.6119.1779CN:86.186.1420.3016Copyright©2016TheFungGroup.Allrightsreserved.

US PROMO YOY HIGHLIGHTS 2016 2015

• Thisweek,CVSisoffering33%offregularretailpricesonallHalloweenhomedécorandabuy-one,get-one-50%-offpromotiononcandy.TheretailerisalsorunningabeautypromotionfeaturingL’Oréal,RevlonandMaybellineproducts.

• Ayearago,CVSpromotedsimilarproducts,includingbeautyitemsfromRevlon,Maybelline,Neutrogena,OGXandL’Oréal.Householdsuppliessuchaslaundrydetergentandbathtissuewerealsoonsale.

HALLOWEENSAVINGS

• Thisweek,Kmartisoffering50%offallHalloweencostumesandpromotingHalloweencandy.Theretailerisalsoofferingabuy-one,get-one-for-$1promotiononkids’footwear.Foroneday,KmartisgivingawayfreeHalloweenpailstokids12andunder.

• Lastyearduringthisweek,KmartalsopromotedHalloweencandy.Theretaileroffered40%offallHalloweencostumesandcapes.Foroneday,Kmartgaveawayfreecottoncandytokids12andunder.

CAPTURETHECANDY• Thisweek,TargetispromotingHalloween

candyandofferinga$2couponwiththepurchaseofanytwo14oz.orlargerbags.

• Lastyearduringthisweek,Targetpromotedabuy-one,get-one-50%-offsaleonallsweatersforwomenandmen.

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WeekofOctober23,2016

DEBORAHWEINSWIG,MANAGINGDIRECTOR,FUNGGLOBALRETAIL&[email protected]:917.655.6790HK:852.6119.1779CN:86.186.1420.3016Copyright©2016TheFungGroup.Allrightsreserved.

DeborahWeinswig,CPAManagingDirectorFungGlobalRetail&TechnologyNewYork:917.655.6790HongKong:852.6119.1779China:86.186.1420.3016deborahweinswig@fung1937.comAmyLinResearchAssistant

HONGKONG:8thFloor,LiFungTower888CheungShaWanRoad,KowloonHongKongTel:85223004406LONDON:242-246MaryleboneRoadLondon,NW16JQUnitedKingdomTel:44(0)2076168988NEWYORK:1359Broadway,9thFloorNewYork,NY10018Tel:6468397017

FungGlobalRetailTech.com