Product TypeInsight Report Product TypeInsight Report | August 12, 2020 premium Coronavirus Tracker: Retail Metrics and Key Developments Coresight Research’s Coronavirus Tracker includes a timeline of key developments; details temporary US store closures and reopenings; charts weekly data on shoppers' purchasing behaviors; and notes US retail hirings, US states' reopening dates for businesses and furloughs by major retail companies. Recently added are details of capital raising, management changes, financial guidance updates and bankruptcies in retail.Read More
Product TypeInsight Report Product TypeInsight Report | August 12, 2020 premium Insights from China: How Brands and Retailers Can Tap Into the Growing Wellness Market With increased interest in beauty and health, Chinese consumers are fueling a boom in the wellness retail market. We explore three key trends that present opportunities for brand and retailers in this market—namely edible beauty, fitness and mental health.Read More
Product TypeInsight Report Product TypeInsight Report | August 12, 2020 premium Insights from Amazon Prime Day 2020 in India: A Precursor to Prime Day in Other Markets We 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.Read More
Product TypeInsight Report Product TypeInsight Report | August 12, 2020 premium US Back to School 2020: Consumer Survey Update—Further Shift of Spending from In-School to Digital Learning Part 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. Read More
Product TypeInsight Report Product TypeInsight Report | August 11, 2020 premium Three Months to Singles’ Day: Using Social Feed Weitao To Build Awareness and Drive Sales With three months to go until Singles’ Day 2020, we discuss how brands and retailers can use Weitao, Alibaba’s built-in social feed for Tmall and Taobao, to prepare for China’s biggest e-commerce festival. We explore how the integrated platform can help merchants and brands to communicate effectively with consumers, build their follower base and drive increased traffic to their Tmall and Taobao stores on November 11. Read More
Product TypeInsight Report Product TypeInsight Report | August 11, 2020 premium Retail Reimagined: Rethinking Product Creation To Drive Consumer Demand—Collaboration and Customization As part of our Retail Reimagined series, which explores the outlook for retail in a post-crisis world, we discuss the rise of brands and retailers leveraging customization and collaboration as innovative product creation strategies. We consider recent examples of these trends in China and the US, as well as implications for brands, retailers and technology vendors.Read More
Product TypeQuestion of the Week Product TypeQuestion of the Week | August 11, 2020 How Can AI and Machine Learning Solve Retail Category Managers’ Pain Points? QUESTION OF THE WEEK: How Can AI and Machine Learning Solve Retail Category Managers’ Pain Points?Read More
Product TypeStore Tracker Product TypeStore Tracker | August 11, 2020 premium US Store Closures: Apparel Sector Accelerates Toward Record Number of Store Closures Store 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.Read More
Product TypeFlash Report Product TypeFlash Report | August 10, 2020 premium US Survey Update: How Consumers Spent and Plan To Spend Stimulus Checks (Select Findings) This free report features select findings from our US consumer survey, undertaken on August 5, which asked respondents about their behavior, sentiment and expectations amid the coronavirus crisis.Read More
Product TypeDeep Dive Product TypeDeep Dive | August 10, 2020 premium US Survey Update: How Consumers Spent and Plan To Spend Stimulus Checks (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 explore how consumers have spent, and plan to spend, their stimulus checks—with a focus on the prioritization of basic financial obligations versus discretionary retail spending. We also discuss what activities consumers have done over the past two weeks and their planned activities for the next two weeks. Our consumer survey was undertaken on August 5.Read More
Product TypeInsight Report Product TypeInsight Report | August 10, 2020 premium Earnings Insights 2Q20, Week 1: Retailers’ Path to Recovery Is Being Led by Digital Business Our 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. Read More
Product TypeInsight Report Product TypeInsight Report | August 10, 2020 premium US and China Quarterly Economic Update, 2Q20: Coronavirus Tanks US Economy; China Bounces Back to Growth In this report, we discuss macroeconomic indicators from the US and China—including GDP and industrial production. Recently released data show the US economy being severely impacted by the coronavirus crisis, with the second quarter of 2020 being its worst on record—although there were signs of recovery in June. Meanwhile, China’s economy has returned to modest growth. Read More
Product TypeEvent Coverage Product TypeEvent Coverage | August 10, 2020 premium Coresight Research x Zebra: Leveraging Data To Tackle Changing Consumer Buying Behavior Coresight Research & Zebra hosted Andrea Weiss, Founding Partner of The O Alliance, and David Aquino, former COO of SharkNinja, to discuss changes in consumer buying behavior in the retail sector due to the coronavirus pandemic. We present an edited version of our conversation—covering key topics such as labor requirements, the need for business intelligence, and top priorities for data and technology in the new environment.Read More
Product TypeWeinswig’s Weekly Product TypeWeinswig’s Weekly | August 9, 2020 premium Weinswig’s Weekly: Up, Up, Up! Retail Sales Rise Year over Year in the US, the UK and Germany This week’s note “From the Desk of Deborah Weinswig” discusses rising retail sales in the US, the UK and Germany.Read More
Product TypeInsight Report Product TypeInsight Report | August 7, 2020 premium Costco Monthly Sales, July 2020: Comp Growth Accelerates Further, but E-Commerce Growth Decelerates Costco’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
