Store Tracker | September 23, 2020 Databank Members US Store Closures: Where Are Department Stores Closing?The Covid-19 crisis has significantly impacted the US department store sector. We offer a state-wise depiction of the locations of over 1,300 store closures. We present maps of confirmed store closures by the major department stores that have filed for Chapter 11 bankruptcy this year—including JCPenney, Stage Stores and Stein Mart—as well as by other companies such as Macy’s and Nordstrom. Read More
Insight Report | September 22, 2020 Register for Free Access The Global Shopping Festival Landscape: The New 10.10 Shopping Festival in ContextDue to the Covid-19 crisis, shopping holidays are likely to hold heightened relevance during the remainder of 2020 for brands and retailers looking jump-start their sales recoveries, as well as for consumers looking for deals. We present Coresight Research’s new 10.10 Shopping Festival and outline the global landscape of shopping festivals. Read More
Insight Report | September 22, 2020 Premium Beauty Insights: CBD and the Future of Health and WellnessAs part of our Beauty Insights series, we explore the potential of cannabidiol (CBD) products in the US beauty sector and present our estimations for the significant growth of the market for CBD health and wellness over the next five years. We discuss the opportunity for brands and retailers in this space, using findings from Coresight Research’s proprietary survey of US CBD users. Read More
Question of the Week | September 22, 2020 Free Report What Are the Opportunities in the US Women’s Plus-Size Apparel Market?QUESTION OF THE WEEK: What Are the Opportunities in the US Women’s Plus-Size Apparel Market? Read More
Flash Report | September 21, 2020 Register for Free Access Coresight Research, Shopkick and Fashwire Introduce the New 10.10 Shopping FestivalTogether with Shopkick and Fashwire, Coresight Research is excited to announce the inaugural 10.10 Shopping Festival, a US-based event that will take place on October 9–11, 2020. We detail the rationale behind launching the event, the participation of the partner companies and the opportunities that this new shopping festival offers to brands, retailers and consumers. With both an online and offline presence, 10.10 will provide a gamified shopping experience and pull forward holiday shopping this year. Read More
Deep Dive | September 21, 2020 Premium US Survey Update: More Consumers Return to In-Store Shopping (Full Report)Our latest survey report provides a detailed update on US consumers’ behaviors, concerns and expectations, with a focus on the implications for retail. This week, we highlight findings around shoppers’ return to brick-and-mortar stores, including discussion of their avoidance of public places, as well as what activities they expect to do in the next two weeks. Our consumer survey was undertaken on September 15. Read More
Insight Report | September 21, 2020 Register for Free Access US Survey Update: More Consumers Return to In-Store Shopping (Select Findings)This free report features select findings from our latest survey of US consumers, undertaken on September 15, which asked respondents about their behavior, sentiment and expectations amid the coronavirus crisis. Read More
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
Analyst Corner | September 20, 2020 Register for Free Access Weinswig’s Weekly: What Role Will Stores Play in a Holiday Season That Is Heading Online?This week’s note “From the Desk of Deborah Weinswig” discusses the role that physical stores will play amid a shift to e-commerce this holiday season. Read More
Insight Report | September 18, 2020 Premium Highlights from Alibaba’s 9.9 Shopping Festival 2020: Deep Discounts and Livestreaming Boost Consumer SpendingWe highlight the marketing and sales strategies that Alibaba implemented to boost sales during its 9.9 Shopping Festival 2020 this year, in the wake of the Covid-19 crisis—including deep discounts and livestreaming. Read More
Store Tracker | September 18, 2020 Databank Members Weekly US and UK Store Openings and Closures Tracker 2020, Week 38: Century 21 To Close All StoresOur Weekly US and UK Store Openings and Closures Tracker reports on store closures, openings and bankruptcies. This week, there are highlights from Century 21 and Sur La Table in the US and Quiz and Waitrose in the UK. 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
Event Presentation | September 17, 2020 Premium Retail Reimagined: The Last MileOn September 17, 2020, Coresight Research presented to the Retail Industry Leaders Association on reimagining the last mile in retail. This presentation covers the evolving last-mile landscape, the challenges facing retailers and how the last mile will evolve in retail supply chains in the future. Read More
Deep Dive | September 17, 2020 Free Report The Time for Sustainability in Retail Is NowEmployees, investors and consumers expect sustainability to be addressed at the companies for which they work, in which they invest and by the brands from which they buy. In this free report, sponsored by IBM, we discuss the development of sustainability in retail and present Coresight Research’s EnCORE framework, which is designed to help retailers and brands frame their approach to sustainability. Read More
Insight Report | September 17, 2020 Premium New Retail Briefing: Alibaba Increases Stake in Logistics Firm YTO Express To Gain Bigger Share of Delivery MarketWe discuss recent developments in New Retail in China, including Alibaba’s investment in logistics firm YTO Express to increase its stake in China’s express delivery market, as well as JD.com’s new partnership with Chinese cooking brand Fulinmen. Read More