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1 Week of August 21, 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 August 21, 2016 Bloomingdale’s is promoting more items this week than it did during the same week last year. Last year, the retailer focused on online-exclusive sales, offering customers up to three online-only promotions. This year, Bloomingdale’s is having a five-day, in-store-only sale, which it did not run last year. JCPenney is running fewer promotions than it did during this week last year. The retailer is promoting its JCPenney credit card by offering customers additional discounts of up to 25% when they use it to make a purchase, just as it did during this week last year. Kohl’s ran more promotions during this week last year than it is offering this week. This year, the company is offering additional discounts of up to 30% when customers use Kohl’s Cash, whereas last year, it offered an additional 15% off. This week last year, Kohl’s featured longer-running sales, with some sales lasting up to 13 days. This week, Macy’s is running fewer promotional sales than it did last year. The retailer offered more one-day-only sales last year than it is offering this year.

Weekly Promo Update by Fung Global Retail Tech August … Promo Update... · Revlon, L’Oréal , Maybelline, ... a promotion featuring 30% off all ... Weekly Promo Update by Fung

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WeekofAugust21,2016

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

WHAT’S INSIDE

WEEK OF

August 21, 2016

• Bloomingdale’sispromotingmoreitemsthisweekthanitdidduringthesameweeklastyear.Lastyear,theretailerfocusedononline-exclusivesales,offeringcustomersuptothreeonline-onlypromotions.Thisyear,Bloomingdale’sishavingafive-day,in-store-onlysale,whichitdidnotrunlastyear.

• JCPenneyisrunningfewerpromotionsthanitdidduringthisweeklastyear.TheretailerispromotingitsJCPenneycreditcardbyofferingcustomersadditionaldiscountsofupto25%whentheyuseittomakeapurchase,justasitdidduringthisweeklastyear.

• Kohl’sranmorepromotionsduringthisweeklastyearthanitisofferingthisweek.Thisyear,thecompanyisofferingadditionaldiscountsofupto30%whencustomersuseKohl’sCash,whereaslastyear,itofferedanadditional15%off.Thisweeklastyear,Kohl’sfeaturedlonger-runningsales,withsomesaleslastingupto13days.

• Thisweek,Macy’sisrunningfewerpromotionalsalesthanitdidlastyear.Theretailerofferedmoreone-day-onlysaleslastyearthanitisofferingthisyear.

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WeekofAugust21,2016

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

US PROMO YOY HIGHLIGHTS RETAILER 2016 2015

TRYSOMETHINGNEW

• Thisweek,CVSisofferingsalesonbeautyproducts,includingL’OréalandMaybelline.Householditemssuchasfacialtissue,bathtissueandlaundrydetergentarealsoonsale.

• Ayearago,CVSransimilarsales.IthadabeautyproductsalefeaturingRevlon,L’Oréal,Maybelline,NeutrogenaandSallyHansen.Theretaileralsopromotedhouseholditems,includingbathtissue,facialtissue,papertowelsanddishsoap.

BACK-TO-SCHOOLSALE

• Thisweek,Kmartispromotingaback-to-schoolsalefeaturingwoodenrulers,pensandcoloredpencils.Theretailerisalsoofferingsalesonfamilyathleticfootwear,JoeBoxerkids’fashionfleecehoodiesandpants,bathtowels,sheetsets,softdrinksandpapertowels.Foroneday,Kmartisgivingawaybagsoffreepopcorntothefirst100kids12andunderwhoclaimtheminstores.

• Lastyear,Kmartofferedaback-to-schoolsaleoncompositionbooks,glueandcopypaper.Theretaileralsopromotedjeans,bottledwater,kids’backpacksandliquiddetergent.

MAJORCOLLEGEDEALS• Thisweek,Targetisrunningasaleon

electronics,includingHPprinters,RokuTVs,AcerChromebooks,FitbitAltasandtheMaddenNFL2017videogame.

• Lastyearduringthisweek,Targetranapromotionfeaturing30%offallkids’clothingandaccessories.Theretaileralsofeaturedacollegemove-inevent.

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WeekofAugust21,2016

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

WEEKLY US YOY COMPARISON RETAILER 2016 2015

• 1-DayOnline-OnlySaleo Take$75offpurchasesof$350ormore

• 2-DayOnline-OnlySaleand5-DayOnlineandIn-StoreFashionableFundraiserSaleo Take20%offpurchasesof$300ormore

withaBloomingdale’screditcardo Take15%offwithanyothermethodof

paymento Loyallistsgeta$25rewardcardforevery

purchaseof$150• 15-DayOnline-OnlyPromotionand13-DayIn-

StorePromotiono Take20%offpurchasesof$100–$199.99o Take25%offpurchasesof$200–$249.99o Take30%offpurchasesof$250ormoreo Loyallistsgeta$25rewardcardforevery

purchaseof$125• 5-DayIn-Store-OnlyPromotiono Buyone,getone50%offonselected

productso Extra50%offgreenticketreducedandred

ticketclearanceproducts• 5-DayLoyallistsPromotiono Geta$25rewardcardforeverypurchase

of$200

• 7-DayOnlineandIn-StoreSaleforLoyallistso Geta$50rewardcardforalmost

every$200spent• 1-DayOnline-OnlySale

o Extra25%offselectedsaleandclearanceitems

• 40Hours:Online-OnlySaleo Save80%onselectedstyleso $349–$599selectedstyles

• 1-DayOnline-OnlyShoeandDressSaleo Extra25%offalmostallsaleand

clearancestyles

• 14-DayOnlineandIn-StorePromotiono Extra20%offwithJCPenneycreditcardo Extra15%offwithanyothermethodof

payment• 14-DayOnline-OnlyPromotion

o Extra25%offpurchasesof$100ormorewithJCPenneycreditcard

o Extra20%offpurchasesof$100ormorewithanyothermethodofpayment

• Back-to-SchoolSaleo Buyone,getonefor1¢juniors’Arizona

denimo 30%–40%offArizonashoesandbootsfor

womeno 40%offPokémoninselectedstyles

• 9Hours:UniformOnline-OnlySaleo Extra25%offselectedstyles

• 9-DayOnline-OnlyPromotiono Extra25%offordersover$100with

JCPenneycreditcardo Extra20%offwithanyothermethod

ofpayment• 9-DayOnlineandIn-StorePromotion

o Extra20%offwithJCPenneycreditcard

o Extra15%offwithanyothermethodofpayment

o Extra10%offwatches,salonproducts,furniture,mattresses,andcustomblindsandshades

• HomeSaleo 30%–50%offhomecollections,

lightingandlamps,bath,kitchen,anddininginselectedstyles

• 1-DayOnline-OnlySaleo Extra30%offpurchasesof$150or

moreonselectedstyleso Extra25%offselectedstyleso Extra10%offwatches,salonproducts,

furniture,mattresses,andcustomblindsandshades

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WeekofAugust21,2016

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

RETAILER 2016 2015 • 4-DayFriendsandFamilyPromotion

o Extra20%offo Get$10Kohl’sCashforevery$50spent

• SimplebyDesignSaleo 60%offbeddingo $7.99bathtowel,caddyormirroro $49.99memoryfoambutterflychairo 50%offrugso $10.99decorativepillows

• 1-DayOnline-OnlySaleo Extra35%offuntilnoon(CT)o Extra25%offuntilmidnight(CT)

• 8-DayKohl’sChargePromotiono 30%,20%or15%offwhenKohl’sCharge

isused

• 1-DayOnline-OnlySaleo 40%,30%or20%offselected

purchases• 9-DayOnlineandIn-StoreKohl’sCharge

Promotiono Extra15%offwhenKohl’sChargeis

used• 2-DayOnline-OnlySale

o Extra20%offselectedproducts• 13-DaySemi-AnnualIntimatesOnline

andIn-StoreSaleo $10offintimatespurchaseof$40or

more• 13-DayKids’OnlineandIn-StoreSale

o $10offkids’apparelandshoepurchaseof$30ormore

• 13-DayJuniors’andYoungMen’sSaleo $10offjuniors’andyoungmen’s

apparel,accessoriesandhandbagpurchaseof$30ormore

• 4-DayOnlineandIn-StorePromotiono $10offpurchaseof$30ormore

• 4-DayWeekendSaleo Extra20%offmostcategorieso Extra15%or10%offselected

departments• LancômePromotiono Free7-piecegiftwith$35Lancôme

purchase• 2-DaySurpriseSpecialsSaleo 50%offdresses,fineandcasualchina,

trendyplus-sizeclothing,clearancehandbags,andaccessories

o 75%offwomen’sswimwear,tees,shortso 50%–60%offdesignerbedding,men’s

designersuitingandkids’clothingo 65%–75%offclearancefinejewelryo 40%offwomen’sshoes,watches,jackets

andcoats

• 1-DayPromotiono Extra20%offmostcategorieso Extra15%offhomeandselected

departments• BeautyPromotion

o Free7-pieceLancômegifto Freemysterygiftwith$75online

beautypurchase• Back-to-SchoolPromotion

o Extra20%offregular,saleandclearanceclothingforjuniors,guysandkids

o Extra15%offsaleandclearanceshoesforjuniorsandguys

• WeeklySaleo 30%–50%offfinejewelryandshoe

saleandclearanceo 25%–50%offhandbags

• 1-DaySpecialSaleo 50%–75%offselectedwomen’sshoeso 70%offselectedmen’sdesigner

clearancesportcoats,suitsanddresspants

• LaborDayFurnitureandMattressSaleo 30%–50%offfinejewelry,shoesale

andclearance,andmen’sstyleessentials

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WeekofAugust21,2016

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

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