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DEBORAH WEINSWIG EXECUTIVE DIRECTOR - HEAD OF GLOBAL RETAIL & TECHNOLOGY FUNG BUSINESS INTELLIGENCE CENTRE [email protected] NEW YORK: 646.839.7017 | CHINA: 86.186.1420.3016 WEEK OF JANUARY 31, 2016 This week, JCPenney’s three- day sale features 40%–50% off Xersion family activewear. Target is promoting newer versions of the same merchandise it featured during this week last year. Walmart is promoting smart HD televisions and Super Bowl snacks ahead of the big game. What’s inside: Weekly Retail UPDATE PROMO

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DEBORAH WEINSWIGEXECUTIVE DIRECTOR - HEAD OF GLOBAL RETAIL & TECHNOLOGYFUNG BUSINESS INTELLIGENCE [email protected] NEW YORK: 646.839.7017 | CHINA: 86.186.1420.3016

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W E E K O F

J A N U A R Y 3 1 ,

2 0 1 6

• Thisweek,JCPenney’sthree-

daysalefeatures40%–50%off

Xersionfamilyactivewear.

• Targetispromotingnewer

versionsofthesame

merchandiseitfeaturedduring

thisweeklastyear.

• Walmartispromotingsmart

HDtelevisionsandSuperBowl

snacksaheadofthebiggame.

What’s inside:

Weekly Retail

U P D A T E P R O M O

FBIC GLOBAL PUBLICATION: US RETAIL PROMOS UPDATE, WEEK OF JANUARY 31, 2015Copyright © 2016 The Fung Group, All rights reserved

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RETAILER 2016 2015

• This week, Walmart is promoting smart HD televisions and Super Bowl snacks ahead of the big game. During this week last year, the retailer featured electronics in its “Game Time” promotion, and highlighted merchandise to help customers prepare for tax season.

• Last year, the retailer focused only on gadgets and electronics during this week; this year, the main focus is food, and the current promo features many recipes and serving suggestions.

GAME TIME

• This week, JCPenney’s three-day sale features 40%–50% off Xersion family activewear. Last year this week, the retailer promoted the same line of apparel, but select items were 50% off.

• This year, the retailer is offering an extra 20% off when customers use their JCPenney credit card, or an extra 15% off with any form of payment, along with an extra 10% off select merchandise in a variety of departments.

BIG BUYS

• Target is promoting newer versions of the same merchandise it featured during this week last year. The retailer is offering discounted smart LED televisions, NFL Xbox games and Xbox consoles in time for the Super Bowl this weekend, as well as Blue-ray movies.

• The retailer promoted its “Biggest Baby Sale of the Year” during this week last year, but pushed the sale a week earlier this year.

SUPER SAVINGS

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US PROMO YOY HIGHLIGHTS WEEK OF JANUARY 31, 2016

WEEKLY YOY PROMO COMPARISON WEEK OF JANUARY 31, 2016

FBIC GLOBAL PUBLICATION: US RETAIL PROMOS UPDATE, WEEK OF JANUARY 31, 2015Copyright © 2016 The Fung Group, All rights reserved

2016 2015

RETAILER PROMOTION PROMOTION

• Dresses offer: Extra 20% off select sale and already reduced dresses with promo code

• bQuick: 50%–70% off select women’s styles, including coats, dresses, sweaters and more

• Shoes offer: Extra 25% off almost all already reduced shoes with promo code

• Save 60%–80%: Extra 50% off select permanently reduced items brings total savings to 60%–80%

• Major Savings Inside: Save 30%–65% on select sale items

• One Day Home Sale: Save 20%–75% on select items, plus triple points for Loyallists in Home

• We <3 These Gifts: Valentine’s Day Gift Ideas: Handbags, fragrances and men’s wear

• Extra 25% off: One-day sale, online only, extra 25% off applies to select apparel, shoes, accessories, fine jewelry and home

• Extra 15% off: One-day sale, online only, extra 15% off applies to select watches, salon products, mattresses, custom blinds and shades

• Big Sunday Big Buys: 50% off plus extra savings with coupon for Xersion family activewear; apparel sales on front page

• Extra 20% off with JCPenney credit card or extra 15% off with any form of payment

• Home Sale: 10%–30% off floor care and 50%–60% off luggage and bedding; $10 off home purchases of $50 or more (excluding luggage) and $50 off any luggage purchase of $200 or more

• Home Sale: Shop three-day bonus buys: $99.99 Keurig Elite Brewer, $129.99 900-Watt NutriBullet Pro, 10%–33% off NutriBullet select kitchen electronics, get $10 Kohl’s Cash for every $50 spent

• Go Red: Extra 25% off select regular, sale and clearance-priced items, and an extra 15% or 10% off home and select departments

• The Big Home Sale: 30%–50% off plus extra savings on select styles

• Jewelry Sale: 40%–60% off plus an extra 15% off select styles

• Valentine’s Day Gift Guide

• Home Sale Specials Last 3 Days: Extra 15% off select sale and clearance items, 50% off all quilts and bedspreads, 50% off and $50 Macy’s Gift Card with $300 travel set purchase

• Final Sale: In stores and online, up to 75% off designer selections

• Gift Card: Gift card worth up to $900 with purchase (gift card value varies depending on purchase amount of $250–$3,000)

• Shoe Sale: Up to 70% off statement shoes

• Valentine’s Day Gift Guide

• Unique Valentine’s Day gifts for her and him plus sale of up to 70% off

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Deborah  Weinswig,  CPA  Executive  Director—Head  of  Global  Retail  &  Technology  Fung  Business  Intelligence  Centre  New  York:  917.655.6790    Hong  Kong:  852  6119  1779  China:  86  186  1420  3016  [email protected]    Filippo  Battaini  [email protected]  

Marie  Driscoll,  CFA  [email protected]  

John  Harmon,  CFA  [email protected]  

Aragorn  Ho  [email protected]  

John  Mercer  [email protected]  

Shoshana  Pollack  [email protected]    

Kiril  Popov  [email protected]  

Jing  Wang    [email protected]  

Steven  Winnick  [email protected]  

   HONG  KONG:  10th  Floor,  LiFung  Tower  888  Cheung  Sha  Wan  Road,  Kowloon  Hong  Kong  Tel:  852  2300  2470    NEW  YORK:  1359  Broadway,  9th  Floor  New  York,  NY  10018  Tel:  646  839  7017    LONDON:  242-­‐246  Marylebone  Road  London,  NW1  6JQ  United  Kingdom  Tel:  44  (0)20  7616  8988    FBICGROUP.COM