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Coronavirus Tracker: Retail Metrics and Key Developments

Coresight Research’s Coronavirus Tracker includes a timeline of key developments; details temporary US store closures and reopenings; charts weekly data on shoppers' purchasing behaviors; and notes US retail hirings, US states' reopening dates for businesses and furloughs by major retail companies. Recently added are details of capital raising, management changes, financial guidance updates and bankruptcies in retail.

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Coronavirus Insights: China Launches New “55 Shopping Festival” To Give Retail a Post-Lockdown Boost

To stimulate the economy and encourage consumers to release pent-up demand post Covid-19, the Shanghai Municipal People’s Government co-launched a new, large-scale shopping holiday with the retail industry at the beginning of May 2020. We discuss the scale and impact of the omnichannel 55 Shopping Festival, exploring how it is driving purchasing behavior in retail and tourism.

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US and China Quarterly Economic Update: Coronavirus Inflicted Economic Harm to Both Countries in 1Q20

Recently released data from the US and China show both economies being impacted by the global coronavirus pandemic in the first quarter of 2020. US GDP declined to the lowest level since the Global Recession in 2008, and China’s GDP contracted for the first time in nearly 30 years. Furthermore, due to the Covid-19 crisis, industrial output in both nations fell significantly.

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Operating in a Post-Coronavirus World: How Indian Retailers Can Navigate the Road to Recovery

The 2020 coronavirus pandemic has seen the Indian government impose restrictions to curb the spread of the virus. We discuss the wide-ranging impacts of the ongoing lockdown on India’s retail sector and explore how retailers have responded to the crisis. In addition to examining the challenges that lie ahead, we present a three-pronged approach for retailers to survive the post-coronavirus recovery period and emerge stronger.

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Coronavirus Insights: Retail Playbook—React and Adapt

With the global retail industry taking heavy hits from the impact of the ongoing coronavirus pandemic, we provide a playbook for nonfood brands and retailers in Western markets to help them navigate the crisis. Our guide is based around the themes of reacting in the short term and adapting in the medium to long term.

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Coronavirus Insights: China Embraces Signs of Recovery

Since the coronavirus broke out in Wuhan in January, China has implemented unprecedented measures to control the spread of the virus. The nationwide lockdown looks to have been a success—we discuss signs that indicate the country is now on the road to recovery. We consider the implications for brands, as well as what the “new normal” might look like for China’s residents and businesses as the nation looks to move on from the coronavirus.

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Coronavirus Briefing: China’s PMI Slumps as Disruption Continues in Supply Chain; International Demand Could Be the Next Challenge

The effects of the coronavirus outbreak on retail are being felt across the globe. With supply-chain disruption continuing, China’s PMI has slumped, with factory activity falling to an all-time low in February 2020. We consider the impact of the virus to China’s exports market going into the second quarter of the year.

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Coronavirus Briefing: Four Positive Takeaways from the Outbreak for Retailers in China

As the coronavirus outbreak continues, we consider the positive takeaways for retailers in China. We discuss the effects of the current consumer preference for e-commerce over brick-and-mortar shopping, in both grocery and nonsectors sectors; the marketing opportunities provided by Chinese super app WeChat; and the increasing consumer focus on health and wellness.

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Coronavirus Briefing: Outbreak Drives Four Innovative Retail Trends in China

With the Chinese government advising people to stay indoors and avoid public places, the coronavirus outbreak is driving four key retail trends in China as retailers look to provide alternative access to their products for consumers. We discuss the introduction of innovative logistics and delivery methods—including drones—as well as the “shared staff” concept being pursued by major supermarket chains.

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