August 18, 2020 Store Tracker Databank Members US Store Closures: Retailers Refocus on Product over Experiences, Driving Up ClosuresAs one result of the “mask economy” due to Covid-19, retailers are refocusing on product over experiences—a reversal of the previous trend toward experiential retail. We discuss how this shift is leading to retail store closures in the US, as well as its impact on e-commerce fulfillment and the implications for retailers and real estate firms.
August 17, 2020 Insight Report Premium Earnings Insights 2Q20, Week 2: Canada Goose Stores See Slow Start in North America and EuropeOur weekly Earnings Insights reports feature highlights from recent management commentary at major US retailers as they report second-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 August 16, including ASOS and Canada Goose.
August 17, 2020 Deep Dive Premium US Survey Update: How Consumers Expect To Shop for the Holidays (Full Report)Our latest survey report provides a detailed update on US consumers’ behaviors, concerns and expectations amid the coronavirus crisis, with a focus on the implications for retail. This week, we focus on consumers’ expected shopping behaviors for the 2020 holiday season—comparing the results with our survey findings from a month ago. We also discuss shoppers’ current online spending habits and avoidance of public places, as well as what activities they expect to do in the next two weeks. Our consumer survey was undertaken on August 12.
August 13, 2020 Insight Report Premium Retail Reimagined: Advancing Last-Mile Delivery with TechnologyAs part of our Retail Reimagined series, which explores the outlook for retail in a post-crisis world, we discuss how brands and retailers are rethinking last-mile delivery—with safety and convenience for consumers being top of mind. We explore the innovative approaches and advanced technologies being adopted in China and the US, including autonomous robots and drones, smart parcel lockers and dark stores.
August 12, 2020 Insight Report Premium Insights from Amazon Prime Day 2020 in India: A Precursor to Prime Day in Other MarketsWe present insights from Amazon’s Prime Day event in India, which took place on August 6–7. We discuss the e-commerce giant’s preparations for the event this year, headline deals and consumer challenges. We discuss how the event in India is a precursor to Amazon’s Prime Day in other markets later in the year, and its implications for brands and retailers.
August 12, 2020 Insight Report Premium US Back to School 2020: Consumer Survey Update—Further Shift of Spending from In-School to Digital LearningPart of our US Back to School 2020 series, we provide an update on consumer attitudes toward the back-to-school season, based on a recent Coresight Research survey of US consumers. We discuss our findings across three key topics—spending expectations, concerns about Covid-19 and attitudes toward in-store versus online shopping—with a focus on in-school versus online learning.
August 11, 2020 Store Tracker Databank Members US Store Closures: Apparel Sector Accelerates Toward Record Number of Store ClosuresStore closures are continuing to mount across various discretionary sectors in the US retail industry against the backdrop of Covid-19—with the apparel sector having seen a high number of permanent closures and bankruptcies so far in 2020. We provide an overview of these developments and discuss the outlook for the sector over the remainder of the year.
August 10, 2020 Insight Report Premium Earnings Insights 2Q20, Week 1: Retailers’ Path to Recovery Is Being Led by Digital BusinessOur weekly Earnings Insights reports feature highlights from recent management commentary at major US retailers as they report second-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 August 9 and earlier, including Amazon, Capri Holdings, CVS Health and VF Corporation.
August 7, 2020 Insight Report Premium Costco Monthly Sales, July 2020: Comp Growth Accelerates Further, but E-Commerce Growth DeceleratesCostco’s global same-store sales increased year over year in July. Reflecting a return to stores by shoppers, the acceleration in total comparable sales growth came despite a slowing in e-commerce growth. We review the comparable sales metrics reported by Costco for July 2020 and consider the factors that impacted results—including currency fluctuations and gasoline price deflation.
August 6, 2020 Insight Report Premium Retail Reimagined: Implementing Contact-Light Retail To Deliver a Safe and Convenient Shopping ProcessAs part of our Retail Reimagined series, which explores the outlook for retail in a post-crisis world, we discuss how retailers are implementing contact-light retail operations to minimize contact for the consumer during the shopping journey. We discuss curbside pickup, cashierless stores, contactless payment and vending machines.
August 4, 2020 Insight Report Premium US Store Closures: Department Store Closures Exacerbate Challenges Faced by Mall OwnersStore closures are continuing to mount across various discretionary sectors in the US retail industry—with the rise in department store closures and bankruptcies a particular cause for concern for mall owners. We provide an overview of announced department store closures and bankruptcy filings and discuss the implications for mall owners and the retail industry as a whole.
August 4, 2020 Insight Report Premium Retail Robustness Index: August 2020 Update—Higher Scores Due to Increases in Store ReopeningsCoresight 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. The August update updates the scores based on financial reports and store-reopening announcements. Alongside the report, our infographic summarizes key changes since the previous Retail Robustness Index update in July.
July 29, 2020 Market Navigators/Market Outlook Premium Market Overview: US Grocery Retailers—Surge in Online Demand To Scale Up Automation in FulfillmentIn this Market Overview, we explore the current US grocery market and its future outlook. We consider the competitive landscape and the impact of the coronavirus pandemic on market growth and online sales. This report also discusses a number of key themes in the market, including increasing automation in fulfillment, the advancement of dark stores and a shift from food service to food retail.
July 29, 2020 Insight Report Premium New Retail Briefing: International Brands Continue To Look to China for GrowthInternational brands have been looking to China for growth opportunities post pandemic. We discuss these recent developments in New Retail, including the latest partnerships between Chinese e-commerce platforms, such as Alibaba and JD.com, and international brands—including Beyond Meat and Gas Bijoux.
July 28, 2020 Insight Report Premium US Back to School 2020: The Outlook for Retail amid Uncertainty and a Gloomy Economic BackdropLaunching our US Back to School 2020 series, we outline our expectations for the season this year, which is being shaped by the coronavirus crisis. We discuss the core market drivers behind our estimates of consumer spending in the US—including consumer focus on health and safety, the impact of Covid-19 on discretionary retail, potential school and college reopening models and the economic backdrop.
