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 25, 2020 premium Earnings Insights 1Q20, Week 1: What US Retailers Are Reporting on the Coronavirus Impact and Outlook Our weekly Earnings Insights reports feature highlights from recent management commentary at major US retailers as they report first-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 weeks ended May 17 and May 24, including Best Buy, Kohl’s and VF Corporation.Read More
Product TypeQuestion of the Week May 25, 2020 How Has the Coronavirus Pandemic Impacted Chinese Tourists’ Travel Plans? QUESTION OF THE WEEK: How Has the Coronavirus Pandemic Impacted Chinese Tourists’ Travel Plans?Read More
Product TypeDeep Dive May 25, 2020 premium Coronavirus Insights: US Survey Update—Consumers Remain Cautious and Selective Toward Post-Lockdown Activities (Full Report) Our latest survey report provides a detailed updated on US consumers’ behaviors, concerns and expectations amid the coronavirus crisis, with a focus on the implications for retail. We discuss shoppers’ expectations for the period after lockdowns end, including what they expect to do in the month after lockdowns end. Our consumer survey was undertaken on May 20.Read More
Product TypeFlash Report May 25, 2020 premium Coronavirus Insights: US Survey Update—Consumers Remain Cautious and Selective Toward Post-Lockdown Activities (Select Findings) This free report features select findings from our US consumer survey, undertaken on May 20, which asked respondents about their behavior, sentiment and expectations amid the coronavirus crisis.Read More
Product TypeWeinswig’s Weekly May 24, 2020 premium Weinswig’s Weekly: May 24, 2020—Physical Retail Stores Have Started To Reopen This week’s note “From the Desk of Deborah Weinswig” looks at the return of brick-and-mortar retail in the US as stores reopen following Covid-19 shutdowns.Read More
Product TypeInsight Report May 22, 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 TypeStore Tracker May 22, 2020 premium Weekly US and UK Store Openings and Closures Tracker 2020, Week 21: JCPenney Files for Bankruptcy; Pier 1 Imports To Liquidate Our Weekly US and UK Store Openings and Closures Tracker reports on store closures, openings and bankruptcies. This week, there are highlights from JCPenney, Nordstrom and Pier 1 Imports in the US and Antler and Johnson Shoes Company in the UK.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 21, 2020 premium US and China Quarterly Economic Update: Coronavirus Inflicted Economic Harm to Both Countries in 1Q20 Recently released data from the US and China show both economies being impacted by the global coronavirus pandemic in the first quarter of 2020. US GDP declined to the lowest level since the Global Recession in 2008, and China’s GDP contracted for the first time in nearly 30 years. Furthermore, due to the Covid-19 crisis, industrial output in both nations fell significantly.Read More
Product TypeInsight Report May 21, 2020 premium Contactless Payment Options Continue To Gain Acceptance, Spurred by Necessity Since the outbreak of the coronavirus, many businesses have ceased accepting cash as payment in order to minimize contact and thus reduce the risk of spreading the virus. We discuss recent developments in mobile payment technologies, the adoption of which is being driven by changing consumer expectations in the current environment.Read More
May 20, 2020 Three Things You Need To Know: Coronavirus Insights—US Survey Update—Here’s What Shoppers Expect To Do after Lockdowns End We present Three Things You Need To Know on Coronavirus Insights: US Survey Update—Here’s What Shoppers Expect To Do after Lockdowns End.Read More
Product TypeInsight Report May 20, 2020 premium Global Tourism: China’s Travelers Set To Pivot to Domestic Tourism, Coresight Research Survey Confirms As part of our quarterly Global Tourism series—which discusses domestic and international tourism themes and trends—we explore how the coronavirus crisis has impacted the behaviors and plans of Chinese travelers, based on key findings from our recent proprietary survey.Read More
Product TypeInsight Report May 20, 2020 premium 2020 Tax Tracker, Week 15: Tax Filings Down, Average Refund Up 1.8% from Last Year As of week 15 of the US tax refund season, the IRS has reported that the number of returns filed was down year over year, as taxpayers take advantage of the filing extension granted due to the coronavirus pandemic. However, the average refund amount was up from last year.Read More
May 19, 2020 Three Things You Need To Know: Coronavirus Insights—Three Post-Lockdown Consumer Trends in China We present Three Things You Need To Know: Coronavirus Insights—Three Post-Lockdown Consumer Trends in ChinaRead More
