February 24, 2021 Flash Report Register for Free Access Activist Investors Seek Change at Kohl’s: An Analysis of Metrics and a Benchmark to IndustryAt Kohl’s 2021 annual meeting of shareholders, activist investors issued a letter to shareholders pushing for board changes to increase profitability. Kohl’s officially rebutted this letter on February 22, 2021. We analyze selected key metrics that the Investor Group identified in its assessment of Kohl’s and compare them to the performance of the largest department store chain in the US and Kohl’s competitor, Macy’s.
February 24, 2021 Insight Report Premium US Retail’s Updated Gift Card Guidelines: Accounting for Breakage and BankruptcyUS retailers witnessed a surge in gift cards sales in 2020. We discuss how US retailers account for gift cards under the updated revenue recognition model issued by the Financial Accounting Standards Board (FASB). We cover how retailers record sales and redemptions of gift cards, as well as the two methods of accounting for unredeemed gift cards under FASB’s Accounting Standards Codification (ASC) 606 update. We also explore retailers’ liabilities toward gift card holders in the event of bankruptcy and liquidation.
February 24, 2021 Insight Report Premium January 2021 Monthly Consumer Update: US, UK and ChinaAnalyzing consumer demand in January 2021, we saw strong retail sales growth in the US, while the UK posted its second consecutive month of decline. China maintained growth momentum in its latest retail sales figures from December. We also consider wage growth and food and fuel prices in these three markets.
February 23, 2021 Insight Report Premium India Retail Insights: India Embraces Social Commerce, Bypassing Traditional E-CommerceIn our India Retail Insights series, we will explore the impact of consumer behavior, government regulations, macroeconomic developments, the competitive landscape, and retail tech startups on the evolution of India’s retail sector. In this report, we explore the burgeoning social commerce segment of e-commerce in India.
February 23, 2021 Insight Report Premium The New Value Retailers: Online Marketplaces Challenge Brick-and-Mortar Budget FormatsThe value retail sector is expanding beyond traditional brick-and-mortar budget formats (including discount variety retailers such as dollar stores) with the emergence of online value marketplaces. We see the growth of these e-commerce platforms as presenting challenges to predominantly offline retailers in the value retail sector. We discuss the key online players, with a focus on the US, the UK and China.
February 22, 2021 Insight Report Premium Earnings Insights 4Q20, Week 3: Walmart and CVS Health Remain Strong, While L’Oréal Sees RecoveryOur weekly Earnings Insights reports feature highlights from recent management commentary at major US retailers as they report fourth-quarter 2020 earnings. This week, there are highlights from companies that reported in the week ended February 21—namely, beauty brand owner L’Oréal, drugstore retailer CVS Health and mass merchandiser Walmart.
February 22, 2021 Insight Report Databank Members US Consumer Tracker: Where Are High-Income Consumers Cutting Spending? (Select Findings)This free report features select findings from our latest survey of US consumers, undertaken on February 15, which asked respondents about their behavior, sentiment and expectations amid the coronavirus crisis.
February 22, 2021 Deep Dive Databank Members US Consumer Tracker: Where Are High-Income Consumers Cutting Spending? (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 explore consumer spending on different categories by income level. We present findings on what activities consumers have done in the past two weeks and what product categories they had purchased in-store and online in the past two weeks. Our consumer survey was undertaken on February 15.
February 22, 2021 Insight Report Premium January 2021 UK Retail Sales: Sales Slide Further amid LockdownWe review data for UK retail in total and by sector for January 2021. Retail sales struggled in January following a disappointing December, brought down by continued poor performance from apparel and footwear retailers as nonessential retailers have been forced to close amid the latest Covid-19 lockdowns.
February 21, 2021 Analyst Corner Register for Free Access Weinswig’s Weekly: Stimulus Checks Are Benefiting Retail—But Could Be Benefiting It Much MoreThis week’s note “From the Desk of Deborah Weinswig” discusses the extent to which stimulus checks benefited US retail in January, and whether retail is capturing its “fair share” of consumers’ windfalls.
February 19, 2021 Insight Report Premium January 2021 US Retail Traffic and In-Store Metrics: Traffic Declines by 32%, Heading for Gradual RecoveryJanuary 2021 saw a total US nonfood store traffic decline of 32.1% year over year, the best performance seen in terms of traffic since February 2020. We review weekly shopper traffic trends through the month, as well as traffic by retailer vertical, region and retailer location type.
February 19, 2021 Store Tracker Databank Members Weekly US and UK Store Openings and Closures Tracker 2021, Week 7: Läderach To Open 34 New Stores in the US MarketOur Weekly US and UK Store Openings and Closures Tracker reports on store closures, openings and bankruptcies. This week, there are highlights from Amazon Fresh, DICK’S Sporting Goods, Läderach, and Tempur Sealy in the US and Asda, B&M, Home Bargains, Lidl and Toolstation in the UK.
February 18, 2021 Insight Report Premium Coresight Research x Blue Yonder Retail Insights: US Retailers Prioritize Local Sourcing While Consumers Demand Faster DeliveryCoresight Research and Blue Yonder conducted two surveys in early January 2021 to understand US retailers’ strategies around local sourcing and the impact of Covid-19 on US consumers’ shopping behaviors. We discuss our findings in this report, including insights into the degree to which retailers’ perceptions and strategic priorities are aligning with consumer expectations in the current environment.
February 18, 2021 Flash Report Register for Free Access Tractor Supply Company Acquires Orscheln Farm and HomeIn this free report, we discuss the agreement reached by US retailer Tractor Supply Company on February 17, 2021, to acquire US farm and ranch retailer Orscheln Farm and Home.
February 18, 2021 Insight Report Premium January 2021 US Retail Sales: Stimulus Boosts January Retail Sales GrowthUS retail sales growth accelerated to nearly 11% in January 2021, as stimulus checks boosted consumer spending. Using data from the US Census Bureau, this report looks at which retail sectors saw sales surge and which did not do well in January 2021.
