Showing 8,208 posts

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.

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Beauty Insights: CBD and the Future of Health and Wellness

As 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.

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Coresight Research, Shopkick and Fashwire Introduce the New 10.10 Shopping Festival

Together 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.

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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.

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August 2020 US Retail Traffic and In-Store Metrics: Traffic Declines by 41%, Easing Toward the End of the Month

August 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.

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Retail Reimagined: The Last Mile

On 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.

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The Time for Sustainability in Retail Is Now

Employees, 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.

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