Insight Report | September 21, 2020 Premium August 2020 UK Retail Sales: Rebound Continues, Underpinned by Online Sales and Big-Ticket SectorsThe rebound of UK retail sales maintained momentum in August, after returning to pre-crisis levels in July. Total growth was supported by online sales and big-ticket sectors. We review August data for UK retail in total and by sector. Read More
Insight Report | September 18, 2020 Premium August 2020 US Retail Traffic and In-Store Metrics: Traffic Declines by 41%, Easing Toward the End of the MonthAugust 2020 saw total US nonfood store traffic decline by nearly 41% year over year, with nonessential businesses continuing to reopen and some states revisiting their reopening plans on indoor malls as the spikes in coronavirus cases slowed toward the end of the month. We review store traffic changes through the month and the sectors most impacted by the current crisis. Read More
Insight Report | September 17, 2020 Premium August 2020 US Retail Sales: Further Strong Year-over-Year GrowthBuilding on strong growth momentum in total US retail sales in July 2020, US retail sales continued to rebound strongly in August, driven by multiple nonfood sectors—including sports and leisure goods and home improvement. Using data from the US Census Bureau, this report looks at which retail sectors saw sales surge and which did not do well in August 2020. Read More
Insight Report | August 27, 2020 Premium July 2020 Monthly Consumer Update: US, UK and ChinaAnalyzing consumer demand in July 2020, we saw the US and the UK maintain growth momentum, while China continued to see improvements. Read More
Insight Report | August 24, 2020 Premium July 2020 UK Retail Sales: Big-Ticket and Small Retailers Take Total Growth Back to Pre-Crisis LevelsUK retail sales growth returned to pre-crisis levels in July, building on the significant improvement in June. Total growth was supported by small retailers and big-ticket sectors. We review July data for UK retail in total and by sector. Read More
Insight Report | August 17, 2020 Premium July 2020 US Retail Sales: Strength in Multiple Nonfood Sectors Drives Total Growth to 10%Building on extraordinary growth in June in a post-crisis environment, the strong growth momentum in total US retail sales in July 2020 was driven by multiple nonfood sectors—including sports and leisure goods and home improvement. Using data from the US Census Bureau, we look at which retail sectors saw sales surge and which did not do well in July 2020. Read More
Insight Report | August 14, 2020 Premium July 2020 US Retail Traffic and In-Store Metrics: Traffic Declines by 46%, and More Steeply Toward the End of the MonthJuly 2020 saw total US nonfood store traffic decline by 46.4% year over year, worsening from June’s decline as states rolled back reopening plans due to a spike in the number of coronavirus cases. We review store traffic changes through the month and the sectors most impacted by the current crisis. Read More
Insight Report | August 7, 2020 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. Read More
Insight Report | July 31, 2020 Premium June 2020 Monthly Consumer Update: US, UK and ChinaAnalyzing consumer demand in June 2020, we saw a strong rebound in the US and the UK, while China continued to see improvements. Read More
Insight Report | July 27, 2020 Premium June 2020 UK Retail Sales: Reopening of Nonessential Stores Drives Strong Recovery in Discretionary SectorsUK retail sales saw significant improvement in June and almost reached pre-lockdown levels following the reopening of nonessential stores and the release of pent-up consumer demand. We review June data for UK retail in total and by sector. Read More
Insight Report | July 20, 2020 Premium June 2020 US Retail Traffic and In-Store Metrics: Traffic Declines by 62%, Plateauing Toward the End of the MonthJune 2020 saw total US nonfood store traffic decline by 62% year over year, representing an improvement from May as coronavirus-led lockdowns were lifted. However, we saw the impact of many states’ reversals of reopening guidelines by the end of the month. We review store traffic changes through the month and the sectors most impacted by the current crisis. Read More
Insight Report | July 17, 2020 Premium June 2020 US Retail Sales: Total Sales Jump 9%; Declines Ease in Apparel while Several Nonfood Sectors SurgeDiscretionary sectors witnessed the easing of sales declines in June, suggesting pent-up demand in nonfood categories post lockdowns. On a year-over-year basis, total US retail sales excluding gasoline and automobiles saw extraordinary growth in the context of a post-crisis environment. Read More
Company Earnings Update | July 14, 2020 Register for Free Access Costco Monthly Sales, June 2020: Highest Total Comp Growth in the Past Year, but E-Commerce Growth DeceleratesCostco’s global same-store sales increased year over year in June, although e-commerce growth decelerated. We review the comparable sales metrics reported by Costco for June 2020 and consider the factors that impacted results—including coronavirus-led store closures and gasoline price deflation. Read More
Insight Report | June 25, 2020 Premium May 2020 Monthly Consumer Update: US, UK and ChinaAnalyzing consumer demand in May 2020, we saw a partial rebound in the US and the UK after the severe impacts of the Covid-19 crisis in April, while China continued to see improvements. Read More
Insight Report | June 22, 2020 Premium May 2020 UK Retail Sales: Partial Rebound in Discretionary Sector Even Before Most Stores ReopenUK retail sales saw improvement in May after April’s deep declines, aided by a strong performance in DIY and hardware-store sales as these were deemed essential by the government and were thus allowed to stay open during lockdown. Some sectors also began to reopen in May after coronavirus-led temporary closures. We review May data for UK retail in total and by sector. Read More
