August 14, 2020 Insight Report 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.
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.
July 31, 2020 Insight Report 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.
July 27, 2020 Insight Report 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.
July 20, 2020 Insight Report 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.
July 17, 2020 Insight Report 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.
July 14, 2020 Company Earnings Update 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.
June 25, 2020 Insight Report 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.
June 22, 2020 Insight Report 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.
June 22, 2020 Insight Report Premium May 2020 US Retail Traffic and In-Store Metrics: Traffic Declines by Over 83%, Slowing Toward the End of the MonthAlthough May 2020 saw a deep year-over-year decline in US store traffic, it represented an improvement from April as many states began to lift coronavirus-led lockdowns. We review store traffic changes through the month and the sectors most impacted by the current crisis.
June 17, 2020 Insight Report Premium May 2020 US Retail Sales: Total Year-over-Year Growth Turns Positive; Declines at Discretionary Sectors Ease While Food Stores and Nonstore Retailers See Strong GrowthMost sectors witnessed the easing of sales declines in May, as US consumers resumed spending following the reopening of stores post lockdown. Growth in total US retail sales excluding gasoline and automobiles turned positive on a year-over-year basis, driven by double-digit growth at food stores, home-improvement retailers and nonstore retailers.
June 5, 2020 Company Earnings Update 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.
May 29, 2020 Insight Report Premium April 2020 Monthly Consumer Update: US, UK and ChinaAnalyzing consumer demand in April 2020, it is clear that the month saw the worst impact of the coronavirus in the US and the UK, while China experienced a small rebound.
May 29, 2020 Insight Report Premium April 2020 US Retail Traffic and In-Store Metrics: Traffic Declines by over 96%, but Less Steeply Toward the End of the MonthApril 2020 saw near-100% declines in US store traffic due to widespread coronavirus-led lockdowns for at least the first three weeks. We review store traffic changes through the month and the sectors most impacted by the current crisis.
May 25, 2020 Insight Report Premium April 2020 UK Retail Sales: Huge Declines in Discretionary Sectors Conceal Meaningful Sales Retention through E-CommerceTotal UK retail sales further declined in April, largely due to the enforced closure of nonessential retailers due to the coronavirus pandemic. However, deep declines conceal a meaningful retention of sales through e-commerce. We review April data for UK retail in total and by sector.
