Coresight Research helps retail clients accelerate innovation and growth. We focus on disruption at the intersection of retail and technology – and help you understand what it means for your business. Coresight Research has a global presence spanning the US, Europe and Asia, including deep expertise in the China market.
This week’s note “From the Desk of Deborah Weinswig” looks at another record-breaking Singles’ Day – and what it means for Western retailers.
UK retail sales were up by 3% year over year in October 2019, according to ONS data. This was slower than in September, likely due in part to further Brexit uncertainty. Online-only retailers grew sales at a double-digit pace to gain share of total UK e-commerce sales.
Our Weekly US and UK Store Openings and Closures Tracker reports on store closures, openings and bankruptcies. This week, there are highlights from Amazon in the US and supermarket chains Lidl and Sainsbury’s in the UK. In the US, year-to-date announced closures have already exceeded the total we recorded for the full year 2018.
Continuing our coverage of Singles’ Day 2019 in China, we visited physical stores and e-commerce websites on November 11 to gauge the adoption of the shopping holiday by retailers globally and to gather examples of 11.11 deals.
Adidas’ new London flagship store brings together a brand-building experience, digital integration and product customization in the latest example of "spectacular retail."
German business software group SAP announced ambitious plans to expand profit margins by five percentage points through 2023.
Department stores in the UK are facing tough conditions while being tied into long leases. Some UK retailers have entered into administration or used company voluntary arrangements to prevent collapse. This report focuses on the struggles of four of the UK’s biggest names: Debenhams, House of Fraser, Marks & Spencer and John Lewis.
This report is part of the Coresight Matrix series, designed to help readers better understand what is happening in key segments and with key players in retail technology.
The Coresight Research team attended the American Apparel and Footwear Association Executive Think Tank 2019 in Hong Kong on November 7. We discuss the key insights from the event, which touched on digitalization and transparency in supply-chain operations, as well as the secrets to entering the market in China.
Continuing our coverage of Alibaba’s Singles’ Day 2019 in China, we summarize the record-breaking sales performances of major e-commerce players on November 11, namely Alibaba and JD.com. This year, the event saw an expanded scope of new consumption and a focus on sustainability.
With China’s recent relaxation of its one-child policy in 2016, alongside an increase in the average national household income, the parent-and-baby market is seeing consistent growth across the country. In this report, we discuss the booming parent-and-baby sector in China, with a focus on the e-commerce landscape.
Considering US consumer spending plans, destination preferences and shopping habits, we assess the retail outlook for the 2019 holiday season. We present key trends across different age groups—including the influence of millennials/Gen-Zers on average consumer shopping behaviors—and offer key insights into the expected use of online platforms and associated services.
Costco's same-store sales picked up in October. Cato and Buckle posted a mixed bag of comps.
Continuing our coverage of Alibaba’s Singles’ Day 2019 in China, we provide early sales updates from Hangzhou on November 11, including record-breaking milestones and increasing channel diversity for brand promotions.
Continuing our coverage of Singles’ Day 2019 in China, we assess the performance of selected brands in the pre-sale period of the shopping holiday. In the lead-up to November 11, it seems that the exposure of US retailers and other international brands to the Chinese market may have been impacted by trade tensions and the success of targeted marketing strategies employed by indigenous brands.
