Product TypeDeep Dive July 9, 2020 premium US Department Stores: Post-Crisis Outlook We explore the impacts of the coronavirus crisis on the US department-store sector and present an outlook for the remainder of 2020. This report also highlights technology innovators that may support the sector moving forward. We summarize our key estimates for 2020 and beyond in an infographic. Read More
Product TypeEvent Coverage July 7, 2020 premium Fashinnovation’s Worldwide Talks 2020—Second Edition: Sustainability, Innovation and Inclusivity Industry leaders in the fashion industry came together for two days of discussion amid the coronavirus pandemic. We present key insights from the second edition of Fashinnovation’s Worldwide Talks 2020, a digital event that highlighted the major themes of sustainability and innovation in the fashion industry.Read More
Product TypeInsight Report July 6, 2020 premium Coronavirus Insights: US Luxury Is Well Positioned To Recover Post Crisis As a discretionary retail sector, luxury was dealt a significant blow by the coronavirus crisis this year. We discuss how the market’s recovery could play out over the next two years, using proprietary consumer survey data. We also take learnings from the Chinese luxury market to provide indicators into future consumer behavior in the US. Read More
Product TypeInsight Report June 25, 2020 premium May 2020 Monthly Consumer Update: US, UK and China Analyzing 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
Product TypeInsight Report June 22, 2020 premium May 2020 UK Retail Sales: Partial Rebound in Discretionary Sector Even Before Most Stores Reopen UK 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
Product TypeInsight Report June 22, 2020 premium May 2020 US Retail Traffic and In-Store Metrics: Traffic Declines by Over 83%, Slowing Toward the End of the Month Although 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. Read More
Product TypeInsight Report June 17, 2020 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 Growth Most 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.Read More
Product TypeInsight Report June 9, 2020 premium JD.com Kicks Off This Year’s 6.18 Shopping Festival: A Boost for Online and Offline Retail Post Crisis JD.com launched its annual 6.18 Shopping Festival on May 25, 2020, marking the start of the event’s pre-sale period. We explore how the e-commerce platform has upgraded its services for this year’s festival, including by integrating physical retail promotions for a boundaryless shopping experience.Read More
Product TypeEvent Coverage June 4, 2020 premium Open for Business with Katie Finnegan, E-Commerce Expert: Innovating Toward Community in Brick-and-Mortar Retail As part of our Open for Business webinar series, we hosted Katie Finnegan, Chief Consumer Experience and E-Commerce Officer at Rite Aid. We present the transcript from this webinar, in which Finnegan offered insights into the future of brick-and-mortar retail, which is evolving to become more about community.Read More
Product TypeInsight Report May 29, 2020 premium April 2020 Monthly Consumer Update: US, UK and China Analyzing 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.Read More
Product TypeInsight Report May 29, 2020 premium April 2020 US Retail Traffic and In-Store Metrics: Traffic Declines by over 96%, but Less Steeply Toward the End of the Month April 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. Read More
Product TypeDeep Dive May 27, 2020 premium US Generations and Spending: The Future of Millennials’ Consumer Behavior, Influenced by Covid-19 In this first report in our US Generations and Spending series, we focus on the buying behaviors of millennials, which have recently been altered by the coronavirus lockdown. We explore how these changes may impact consumer spending in the long term and consider the implications for retailers. Read More
Product TypeInsight Report May 25, 2020 premium April 2020 UK Retail Sales: Huge Declines in Discretionary Sectors Conceal Meaningful Sales Retention through E-Commerce Total 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.Read More
Product TypeInsight Report May 21, 2020 premium Coronavirus Insights: China Launches New “55 Shopping Festival” To Give Retail a Post-Lockdown Boost To stimulate the economy and encourage consumers to release pent-up demand post Covid-19, the Shanghai Municipal People’s Government co-launched a new, large-scale shopping holiday with the retail industry at the beginning of May 2020. We discuss the scale and impact of the omnichannel 55 Shopping Festival, exploring how it is driving purchasing behavior in retail and tourism.Read More
Product TypeInsight Report May 18, 2020 premium April 2020 US Retail Sales: Discretionary Sectors Post Huge Declines; Food Stores and Nonstore Retailers Save Total Sales from Double-Digit Fall With nonessential retail shut down for the full month of April due to the coronavirus, US retail sales nosedived in discretionary sectors, following deep declines in March. Lower levels of food stockpiling by consumers also saw growth slow in the grocery sector.Read More
