Insight Report | March 11, 2021 Premium Walmart Analyst Day 2021: Company To Continue Playing Offense with New Flywheel StrategyThe Coresight Research team attended Walmart’s virtual Analyst Day 2021. We present key insights from the event, covering the company’s new flywheel business model and its expansion strategies moving forward. Read More
Insight Report | March 9, 2021 Premium How Are US Home and Home-Improvement Retailers Handling Returns?We discuss seven measures that US home and home-improvement retailers use to manage their returns processes, including updates in light of increased e-commerce demand. We include examples from retailers including Home Depot, IKEA, Macy’s, Wayfair and Williams-Sonoma and innovators such as Position Imaging and Newmine. Read More
Insight Report | March 9, 2021 Premium New Retail in China: Tencent Pilots Centralized Portal for WeChat Mini ProgramsWe discuss recent developments in New Retail in China, including Tencent’s launch of a centralized portal for brands and retailers’ WeChat mini programs. We also discuss the IPO prospectus filing from JD Logistics and the opening of a Tmall Luxury Pavillion store by Italian high-end shoe brand Santoni. Read More
Insight Report | March 8, 2021 Premium Earnings Insights 4Q20, Week 5: Discounters Stand Strong While Department Stores Remain Badly Hit and Apparel Specialists See Slow RecoveryOur weekly Earnings Insights reports feature highlights from recent management commentary at major US retailers as they report fourth-quarter 2020 earnings. This week, there are highlights from companies that reported in the week ended March 7—namely, American Eagle Outfitters, BJ’s Wholesale Club, Burlington Stores, Dollar Tree, Foot Locker, Gap Inc., Grocery Outlet Holding Corp., Kohl’s, Kroger, Nordstrom, Ross Stores, Target and Urban Outfitters. Read More
Analyst Corner | March 7, 2021 Register for Free Access Weinswig’s Weekly: Amazon Launches Its First UK Grocery Store as It Licenses “Just Walk Out” Technology in Travel RetailThis week’s note “From the Desk of Deborah Weinswig” discusses two new retail ventures using Amazon’s “Just Walk Out” technology. Read More
Store Tracker | March 5, 2021 Databank Members Weekly US and UK Store Openings and Closures Tracker 2021, Week 9: TJX Companies To Open 81 Net US Stores in 2021Our Weekly US and UK Store Openings and Closures Tracker reports on store closures, openings and bankruptcies. This week, there are highlights from Amazon, Bath & Body Works, Bob’s Discount Furniture, Casper Sleep, Dick’s Sporting Goods, Hudson, Macy’s, Paper Source, Payless, Sprouts Farmers Market, TJX Companies and Victoria’s Secret in the US and Amazon, Sainsbury’s, Tesco and Thomas Pink in the UK. Read More
Insight Report | March 4, 2021 Premium Sustainability Insights: 2021 Brings a Heightened Focus on Climate Change in RetailClimate change is a global issue that is seeing increased interest from investors, customers and employees alike. We discuss developments in environmental sustainability efforts globally, as well as how retailers can address their impact on climate change in the supply chain. Read More
Insight Report | March 4, 2021 Premium 2021 US Tax Tracker #1: IRS Issues $48 Billion in RefundsThe IRS kicked off the 2021 tax filing season on February 12 this year when it began accepting tax returns for 2020—a delay compared to the normal start in early January. The delays this year allowed the IRS more time to prepare for the Covid-19 Relief Bill, which took effect in the US in late December. The IRS expects to receive over 160 million individual tax returns in 2020. Read More
Insight Report | March 3, 2021 Free Report Coresight Research x Placer.ai: US Retail 2021—A Data-Driven Exploration of Retail Traffic Trends and the Future of MallsCoresight Research and location analytics provider Placer.ai hosted a webinar to delve into some of the key shifts impacting the retail industry in the US. In this free report, we present data-driven insights from the event, covering foot traffic trends at selected brands, the future of malls and consumer migration from cities to suburbs. Read More
Insight Report | March 2, 2021 Premium China Retail Insights: How Are Emerging Offline Beauty Retailers Winning Young Shoppers?Beauty was one of the most resilient discretionary categories in China in 2020, and a new wave of domestic offline beauty retailers is emerging. We explore how these new brick-and-mortar beauty retailers are achieving success in the China market by enhancing the shopping experience and gaining huge exposure on social media to appeal to young Chinese consumers. Read More
Event Presentation | March 1, 2021 Premium Retail 2021 and BeyondDeborah Weinswig, CEO and Founder of Coresight Research discusses the macro view of retail in 2021 and the longer-term opportunities. Read More
Store Tracker | February 26, 2021 Databank Members Weekly US and UK Store Openings and Closures Tracker 2021, Week 8: Sleep Number To Open 40–50 New StoresOur Weekly US and UK Store Openings and Closures Tracker reports on store closures, openings and bankruptcies. This week, there are highlights from Fry’s Electronics, Havertys Furniture, Sleep Number, The Giant Company, The RealReal and Ulta Beauty in the US. Read More
Insight Report | February 24, 2021 Premium US Retail’s Updated Gift Card Guidelines: Accounting for Breakage and BankruptcyUS retailers witnessed a surge in gift cards sales in 2020. We discuss how US retailers account for gift cards under the updated revenue recognition model issued by the Financial Accounting Standards Board (FASB). We cover how retailers record sales and redemptions of gift cards, as well as the two methods of accounting for unredeemed gift cards under FASB’s Accounting Standards Codification (ASC) 606 update. We also explore retailers’ liabilities toward gift card holders in the event of bankruptcy and liquidation. Read More
Insight Report | February 24, 2021 Premium January 2021 Monthly Consumer Update: US, UK and ChinaAnalyzing consumer demand in January 2021, we saw strong retail sales growth in the US, while the UK posted its second consecutive month of decline. China maintained growth momentum in its latest retail sales figures from December. We also consider wage growth and food and fuel prices in these three markets. Read More
Insight Report | February 23, 2021 Premium India Retail Insights: India Embraces Social Commerce, Bypassing Traditional E-CommerceIn our India Retail Insights series, we will explore the impact of consumer behavior, government regulations, macroeconomic developments, the competitive landscape, and retail tech startups on the evolution of India’s retail sector. In this report, we explore the burgeoning social commerce segment of e-commerce in India. Read More
