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
Store Tracker | February 19, 2021 Premium Weekly US and UK Store Openings and Closures Tracker 2021, Week 7: Läderach To Open 34 New Stores in the US MarketOur Weekly US and UK Store Openings and Closures Tracker reports on store closures, openings and bankruptcies. This week, there are highlights from Amazon Fresh, DICK’S Sporting Goods, Läderach, and Tempur Sealy in the US and Asda, B&M, Home Bargains, Lidl and Toolstation in the UK. Read More
Insight Report | February 18, 2021 Premium Coresight Research x Blue Yonder Retail Insights: US Retailers Prioritize Local Sourcing While Consumers Demand Faster DeliveryCoresight Research and Blue Yonder conducted two surveys in early January 2021 to understand US retailers’ strategies around local sourcing and the impact of Covid-19 on US consumers’ shopping behaviors. We discuss our findings in this report, including insights into the degree to which retailers’ perceptions and strategic priorities are aligning with consumer expectations in the current environment. Read More
Flash Report | February 18, 2021 Register for Free Access Tractor Supply Company Acquires Orscheln Farm and HomeIn this free report, we discuss the agreement reached by US retailer Tractor Supply Company on February 17, 2021, to acquire US farm and ranch retailer Orscheln Farm and Home. Read More
Insight Report | February 16, 2021 Premium Frictionless Grocery: Pandemic Ushers In Smart Checkout TechnologiesAlongside the shift to e-commerce, the Covid-19 pandemic has been driving the digitalization of grocery at brick-and-mortar locations. In this report, we discuss three smart checkout technologies that grocery retailers are increasingly implementing in stores to meet heightened consumer demand for convenience, safety and efficiency in the physical shopping journey: automated checkout, smart carts and scan-and-go. Read More
Analyst Corner | February 14, 2021 Register for Free Access Weinswig’s Weekly: Are We Heading Back to the Roaring 20s?This week’s note “From the Desk of Deborah Weinswig” discusses the parallels between the “Roaring 20s” and the 2020s in the US. Read More
Innovator Profile | February 11, 2021 Register for Free Access Innovator Profile: Nexite Connects Merchandise Data To Illuminate the Consumer JourneyAs part of our Innovator Profile series, we profile Nexite, provider of the Connected Merchandise Platform that provides real-time insights to retailers to help optimize the consumer journey. This free report is sponsored by Nexite. Read More
Insight Report | February 11, 2021 Premium Nordstrom Investor Day 2021: “Closer to You” Strategy Seeks To Expand Inventory by 5X and Lower Prices at Nordstrom RackThe Coresight Research team attended Nordstrom’s virtual Investor Day on February 4, 2021. We present our top takeaways from the event, including the company’s views of the shifting retail landscape and Nordstrom’s three initiatives under its digital-first “Closer to You” market strategy. Read More
Event Presentation | February 10, 2021 Premium Flowing Cross-Border: Ulla Johnson’s Journey into Global ExpansionNew York based brand Ulla Johnson saw the potential of a cross-border strategy and embraced the channel to grow its brand presence. This webinar examines the successful cross-border approach of Ulla Johnson, featuring Senior Manager Nikki Davidson, who discusses why they decided to expand globally and how they deliver localized experiences to provide delightful experiences for all of their customers, international and domestic alike. Flow CEO Rob Keve contributes as a thought leader examining the broader market and trends driving success of the cross-border e-commerce industry as a whole. This interview driven presentation is led by Deborah Weinswig, CEO & Founder of Coresight Research, who presents a view of a successful strategy demonstrating how other online retailers can also execute a global strategy to drive business. Read More
Insight Report | February 10, 2021 Premium US and China Quarterly Economic Update, 4Q20: Strong Chinese Recovery Continues; US Rebound SlowsIn this report, we discuss macroeconomic indicators from the US and China—including GDP and industrial production. Recently released data show a slowdown in the growth rebound in the US and a continued strong recovery in China. Read More
Event Coverage | February 9, 2021 Register for Free Access CFDA on Adaptive Fashion: Coresight Research Highlights the Adaptive Retail OpportunityDeborah Weinswig, CEO and Founder of Coresight Research, joined the Council of Fashion Designers of America (CFDA) in its third panel in a series on adaptive fashion. The panel brought together leading researchers in the field of adaptive apparel to discuss the current retail opportunity in the market. We present five key insights from the panel, covering consumer demand and needs, retail challenges, the shopping experience for people with disabilities, and more. Read More
Analyst Corner | February 7, 2021 Register for Free Access Weinswig’s Weekly: Our Two Biggest Trends for 2021 and BeyondThis week’s note “From the Desk of Deborah Weinswig” presents the two biggest multiyear trends that Coresight Research believes will impact retail in 2021: wellness and sustainability. Read More
Deep Dive | February 2, 2021 Register for Free Access Retail 2021: Global TrendsWe present our key global retail and consumer trends for 2021, which fall under five umbrellas: the new consumer; the future of physical retail; the evolution of digital retail; doing good is good business; and discovering ways of transacting. The trends range from some of the biggest, multiyear, multicategory trends such as wellness and sustainability to more nascent or niche trends such as livestreaming and experiential e-commerce. In this free report, our analysts outline their predictions, as well as the details and impacts of each trend on various retail sectors and regions. Read More
