Insight Report | June 17, 2020 Premium 2020 Tax Tracker, Week 19: Tax Filings Down, Average Refund Up 1.3% from Last YearAs of week 19 of the US tax refund season, the IRS has reported that the number of returns filed was down year over year, as taxpayers take advantage of the filing extension granted due to the coronavirus pandemic. Although the number of refunds issued was also down, the average refund amount was up from last year. Read More
Deep Dive | June 16, 2020 Premium US Apparel Retail: Post-Crisis OutlookWe explore the impacts of the coronavirus crisis on the apparel retail sector and present an outlook for the remainder of 2020 based on a three-phase V-shaped recovery. To analyze the sector, we look closely at select US retailers, including American Eagle Outfitters, Gap Inc. and Hanesbrands. We summarize our key estimates for 2020 in an infographic. Read More
Insight Report | June 12, 2020 Premium Five Months to Singles’ Day: A Tactical Guide for How To Prepare for the Shopping Festival This YearWith five months to go until Singles’ Day 2020, we provide a six-step reference guide for brands and retailers to use in preparing for the shopping festival against the backdrop of the coronavirus crisis. Read More
Market Navigators/Market Outlook | June 11, 2020 Premium US Home and Home-Improvement Retail: Post-Crisis OutlookWe explore the impacts of the coronavirus crisis on the home and home-improvement sector—including on sales, spending, store closures and retailer bankruptcies—and present an outlook for the remainder of 2020. To analyze the sector, we look closely at select US retailers, including Home Depot, RH and Willams-Sonoma. We summarize our key estimates for 2020 in an infographic Read More
Insight Report | June 10, 2020 Premium 2020 Tax Tracker, Week 18: Tax Filings Down, IRS Issues $267 Billion in Economic Impact PaymentsAs of week 18 of the US tax refund season, the IRS has reported that the number of returns filed was down year over year, as was the total number of refunds issued. Economic Impact Payments totaled almost $267 billion. Read More
Insight Report | June 10, 2020 Premium US Father’s Day Retail Preview 2020: Uncertain Outlook as Demand Will Be Tested in First Post-Lockdown Shopping HolidayWith Father’s Day just around the corner, we estimate total US consumer spending on the occasion this year, in the context of easing coronavirus lockdowns. We propose actions that retailers could take to engage with shoppers and drive sales for Father’s Day. Read More
Analyst Corner | June 7, 2020 Register for Free Access Weinswig’s Weekly: June 7, 2020—Retailers Are Clearing Out Old Merchandise To Make Way for the NewThis week’s note “From the Desk of Deborah Weinswig” looks at how US retailers are dealing with excess inventory as they reopen stores post Covid-19 lockdowns. Read More
Company Earnings Update | June 5, 2020 Register for Free Access Costco Monthly Sales, May 2020: Comp Growth Accelerates as E-Commerce Sales DoubleCostco’s global same-store sales increased year over year in May, and e-commerce growth accelerated. We review the comparable sales metrics reported by Costco for May 2020 and consider the factors that impacted results—including the coronavirus crisis and gasoline price deflation. Read More
Store Tracker | June 5, 2020 Databank Members Weekly US and UK Store Openings and Closures Tracker 2020, Week 23: Tuesday Morning Files for BankruptcyOur Weekly US and UK Store Openings and Closures Tracker reports on store closures, openings and bankruptcies. This week, there are highlights from Burlington Stores, Dollar Tree and Tuesday Morning in the US, and ALDO and Monsoon Accessorize in the UK. Read More
Insight Report | June 3, 2020 Premium Retail Robustness Index: June 2020 Update—Assessing Resilience as Stores ReopenCoresight Research’s Retail Robustness Index evaluates the 100 largest US retailers (by revenue) on their ability to weather dramatic shifts in demand as the Covid-19 lockdowns began. This report updates the scores based on financial reports and retailer store-reopening announcements in the context of easing lockdown. Alongside the report, our infographic summarizes key changes since we first published our Retail Robustness Index. Read More
Insight Report | June 3, 2020 Premium AI in Retail: Healthy Fundraising, M&A and New Product Introductions as Current Environment Accelerates Need for DigitalizationThe coronavirus outbreak has accelerated the digital transformation of many retailers, because they have experienced a greater need to achieve increased visibility over their supply chains and inventory. A number of companies are taking the opportunity to introduce or upgrade their retail analytics technology, and funding in AI startups continues to flow. Read More
Insight Report | June 3, 2020 Premium 2020 Tax Tracker, Week 17: Tax Filings Down, Average Refund Up 1.6% from Last YearAs of week 17 of the US tax refund season, the IRS has reported that the number of returns filed was down year over year, as taxpayers take advantage of the filing extension granted due to the coronavirus pandemic. Although the number of refunds issued was also down, the average refund amount was up from last year. Read More
Insight Report | June 2, 2020 Premium Reshaping Supply Chains for the 2020s: #1—The Consumerization and Digitalization of Product DesignIn our Reshaping Supply Chains for the 2020s series, we analyze the technologies and trends that are enabling the evolution of the supply chain. In this report, we discuss the consumerization and digitalization of product design, which will influence change in retail supply chains as we head into the 2020s. Read More
Insight Report | June 1, 2020 Premium Earnings Insights 1Q20, Week 2: Evidence of Pent-Up Consumer Demand as US Lockdowns Ease and Stores ReopenOur weekly Earnings Insights reports feature highlights from recent management commentary at major US retailers as they report first-quarter 2020 earnings. We condense what retail companies are reporting, with a focus on the impact of the coronavirus crisis. This week, there are highlights from companies that reported in the week ended May 31, including Burlington Stores, Dollar General and Ulta Beauty. Read More
Analyst Corner | May 31, 2020 Register for Free Access Weinswig’s Weekly: May 31, 2020—Lidl US Reaches 100 Stores as Aldi US Closes In on 2,000-Store MilestoneThis week’s note “From the Desk of Deborah Weinswig” looks at the growth of Aldi, Lidl and Grocery Outlet in the US grocery market. Read More
