weekly promo update by fung global retail tech … microsoft word - weekly promo update by fung...

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WeekofJuly10,2016

DEBORAHWEINSWIG,MANAGINGDIRECTOR,FUNGGLOBALRETAIL&TECHNOLOGYDEBORAHWEINSWIG@FUNG1937.COMUS:917.655.6790HK:852.6119.1779CN:86.186.1420.3016Copyright©2016TheFungGroup.Allrightsreserved.

WHAT’S INSIDE

WEEK OF

July 10, 2016

• JCPenneyhasa lesspromotionalfocusthisweekthan itdidduringthesameweek lastyear.Theretailerisoffering15%offhomeproductsthisweekversus40%offlastyear.

• During thisweek last year, Targetpromoted saleson liquiddetergent, paper towels and soft drinks, but this year it isfocusing on smartphones, gaming consoles and Fitbits(summeressentialsàtechnologygadgets).

• Macy’s is offering amore diverse range of promotions thisweek than it did last year, when sales mostly focused onapparel. The retailer has also increased its discounts onmanyselecteditems,from40%lastyearto70%thisyear.

• Bloomingdale’s is encouraging more online traffic byincreasingthediscountsoffered initsbQuick!OnlineSecretSale from 60% off selected items last year to 80% off thisyear.

• Kohl’s is offering savings similar to last year throughout itsdepartments,and isrunningahalf-offpromotiononSimpleby Design furniture that is identical to the one it offeredduringthisweeklastyear.

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WeekofJuly10,2016

DEBORAHWEINSWIG,MANAGINGDIRECTOR,FUNGGLOBALRETAIL&TECHNOLOGYDEBORAHWEINSWIG@FUNG1937.COMUS:917.655.6790HK:852.6119.1779CN:86.186.1420.3016Copyright©2016TheFungGroup.Allrightsreserved.

US PROMO YOY HIGHLIGHTS RETAILER 2016 2015

SUMMERSALE

• Thisweek,CVSisofferingasaleoncosmetics,softdrinks,sunscreenandbottledwater.

• Ayearago,CVSdiscountedmanyofthesameitems,includingcosmetics,bottledwaterandsoftdrinks.

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SUPERDUPERSUMMERSALE

• Thisweek,Kmartispromotingits“SuperDuperSummerSale,”featuringdiscountsofupto50%onitemsthroughoutthestore.Watches,bottledwater,papertowelsandliquiddetergentarealsoonsalethisweek.

• Lastyear,Kmartofferedasummerclearancesale,withdiscountsofupto50%offitemsthroughoutthestore.

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LIVECONNECTED• Thisweek,Targetisrunningasaleon

smartphones,gamingconsoles,TVsandFitbits.

• Lastyearduringthisweek,theretaileroffereddealsonliquiddetergent,papertowelsandsoftdrinks.

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WeekofJuly10,2016

DEBORAHWEINSWIG,MANAGINGDIRECTOR,FUNGGLOBALRETAIL&TECHNOLOGYDEBORAHWEINSWIG@FUNG1937.COMUS:917.655.6790HK:852.6119.1779CN:86.186.1420.3016Copyright©2016TheFungGroup.Allrightsreserved.

WEEKLY US YOY COMPARISON RETAILER 2016 2015

• bQuick!OnlineSecretSale:Save40%–80%onselecthomeitems,rugsandluggage

• Save40%–50%onswim

• Save30%onselectnewwomen’sstyles,featuringAG,Aqua,FrenchConnection,ElieTahariandmore

• bQuick!OnlineSecretSale:Save60%offselectswim,lingerie,sleepwearandhosierystyles

• Take20%offwithanyformofpayment

• Take25%offwithyourBloomingdale’scard

• Extra30%offwithyourJCPenneycreditcard

• Extra25%offwithanyothertypeofpayment

• Extra15%offselectwatches,salonproducts,furniture,mattresses,andcustomblindsandshades

• Freeshippingover$49

• Save60%offmen’spants

• 50%offbedding,bathandluggage

• 40%offhomedécor,furnitureandmattresses

• 30%offkitchen,dining,storageandvacuums

• Takeanextra20%off

• 50%offseasonaltoys

• 50%offSimplebyDesignfurniture

• 50%offTheBigOnebedding

• Takeanextra30%,20%or15%offwhenyouuseyourKohl’scharge

• Everyonegets$10forevery$50spent

• 50%offSimplebyDesignbedding

• Extra25%off

• Extra15%offhomeandselectdepartments

• Save40%–60%offwomen’sswimwear

• Save50%offwomen’sdresses

• Save70%offbras

• Save70%offjewelry

• Extra20%off

• Freeshippingonallorders

• Save60%offselectmen’sdressshirtsandties

• Save40%–60%offselectwomen’ssummerstyles

• Save60%offselectshortsforwomenandjuniors

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WeekofJuly10,2016

DEBORAHWEINSWIG,MANAGINGDIRECTOR,FUNGGLOBALRETAIL&TECHNOLOGYDEBORAHWEINSWIG@FUNG1937.COMUS: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.comAnnikaRingblomResearchAssistant

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