promo - fbicgroup.com promo update... · =pms cool gray 10 week of 2016 • this week, s ee- ......
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DEBORAH WEINSWIGEXECUTIVE DIRECTOR - HEAD OF GLOBAL RETAIL & TECHNOLOGYFUNG BUSINESS INTELLIGENCE CENTREDEBORAHWEINSWIG@FUNG1937.COM 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 deborahweinswig@fung1937.com Filippo Battaini filippobattaini@fung1937.com
Marie Driscoll, CFA mariedriscoll@fung1937.com
John Harmon, CFA johnharmon@fung1937.com
Aragorn Ho aragornho@fung1937.com
John Mercer johnmercer@fung1937.com
Shoshana Pollack Shoshanapollack@fung1937.com
Kiril Popov kirilpopov@fung1937.com
Jing Wang jingwang@fung1937.com
Steven Winnick stevenwinnick@fung1937.com
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
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