Insight Report 14 minutes PremiumCoronavirus Insights: What Will a Retail Recovery Look Like? Coresight Research May 1, 2020 What's InsideThere are signs that US state governments are already developing plans and timelines to restart the economy following the coronavirus crisis. This report looks at what a retail recovery in the US could look like. Our discussion is centered around five stages of downturn and recovery for discretionary retail. We define these stages, with a focus on the reopening of stores, for which we envision three phases. We also consider the factors that will affect consumer purchasing power and buying conviction in the medium term, including the following: Consumers’ ability to shop—taking into account unemployment rates Consumer’s willingness to shop Labor availability Click here to read our guide for nonfood brands and retailers in Western markets to help them navigate the coronavirus—based around the themes of reacting in the short term and adapting in the medium to long term. Click here to view Coresight Research’s ongoing coverage of the coronavirus outbreak. This report is for paying subscribers only. Already a paying subscriber? Please log in to see the entire report.If you wish to learn more about our subscription plans and become a paying subscriber, click here. This document was generated for Other research you may be interested in: Bed Bath & Beyond: What Went Wrong?Five Ways AI Is Being Used in Luxury RetailUS Online Grocery Survey 2023—Infographic: Assessing the Top Retailers and E-Commerce PopularityChatGPT and Generative AI: Five Things Retailers Should Know—Update