January 18, 2021 Deep Dive Databank Members US Consumer Tracker: Apparel Takes Biggest Post-Holiday Hit (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 what shoppers are buying and which retailers they are buying from, and we present findings on consumers’ avoidance of public places and what activities they expect to do in the next two weeks. Our consumer survey was undertaken on January 11.
January 18, 2021 Insight Report Premium December 2020 US Retail Traffic and In-Store Metrics: Traffic Declines by 36%, Easing Toward the End of the MonthDecember 2020 saw a total US nonfood store traffic decline of 36% year over year, as several states saw record levels of Covid-19 cases, primarily due to the effects of Thanksgiving and Christmas travel. We review weekly shopper traffic trends through the month, as well as traffic by retailer vertical, region and retailer location type.
January 17, 2021 Analyst Corner Register for Free Access Weinswig’s Weekly: Private Labels Are Increasingly Important in Apparel Retail, Right?This week’s note “From the Desk of Deborah Weinswig” discusses the prospects for private labels in apparel retail, following the acquisition of Jaeger by Marks & Spencer in the UK.
January 15, 2021 Event Coverage Register for Free Access NRF 2021 Day Three: Data-Driven Solutions, from Supply Chain to Store; Understanding Changed Shopping PatternsNRF 2021, the annual “Retail’s Big Show” event hosted by the National Retail Federation, is taking place virtually over six days between January 12 and 22. The Coresight Research team presents our 10 key insights from day three of the event, which focused on the importance of understanding consumers, many of whom have changed their behaviors over the course of the pandemic. The benefits of integrating technology across all retail operations, from supply chain to stores, emerged as another key theme.
January 15, 2021 Store Tracker Databank Members Weekly US and UK Store Openings and Closures Tracker 2021, Week 2: Family Video To Close All 250 StoresOur Weekly US and UK Store Openings and Closures Tracker reports on store closures, openings and bankruptcies. This week, there are highlights from Amazon, Bed Bath & Beyond, Family Video, IKEA and Loves Furniture in the US and B&M, Debenhams and Marks & Spencer in the UK.
January 14, 2021 Event Coverage Register for Free Access CES 2021 Day Three and Wrap-Up: Tech Topics Span the Gamut from Drones to Cloud to Fintech to Contactless ShoppingCES 2021, an event held by the Consumer Technology Association, took place on January 11–14. The Coresight Research team presents our key insights from day three of the virtual event, which covered a number of technologies: 5G, robotics, fintech, contactless shopping, cloud computing and AI. We also offer our closing thoughts on the digital event as a whole.
January 14, 2021 Event Coverage Register for Free Access NRF 2021 Day Two: Leveraging Technology To Engage Consumers and Empower EmployeesNRF 2021, the annual “Retail’s Big Show” event hosted by the National Retail Federation, is taking place virtually over six days between January 12 and 22. The Coresight Research team presents our 10 key insights from day two of the event, which focused on how retailers can benefit from using data, artificial intelligence and voice commerce to appeal to consumers in the new environment. Sustainability and social responsibility also emerged as key themes.
January 14, 2021 Market Navigators/Market Outlook Premium E-Commerce Outlook: US Apparel and Footwear—Growth Prospects for 2021 and BeyondIn the first report in our E-Commerce Outlook series, we discuss the trends and major drivers in US apparel and footwear online shopping. We also discuss the competitive landscape in the US apparel and footwear sector, as well as market innovators and key themes to watch for the year ahead.
January 13, 2021 Event Coverage Register for Free Access NRF 2021 Day One: Digital Strategy, Inventory Agility and Loyalty Are Top of MindNRF 2021, the annual “Retail’s Big Show” event hosted by the National Retail Federation (NRF), has moved online for the first time, taking place entirely virtually over six days, from January 12 to 22. The Coresight Research team presents our 10 key insights from day one of the event, which focused on new digital strategies, the importance of an agile supply chain and the growing value of loyalty programs amid the Covid-19 pandemic.
January 13, 2021 Event Coverage Register for Free Access CES 2021 Day Two: Technology Companies Highlight Efforts To Increase Diversity and InclusionCES 2021, an event held by the Consumer Technology Association, is taking place on January 11–14. The Coresight Research team presents our key insights from day two of the virtual event, which focused on initiatives launched, and progress made, by technology companies to benefit society in light of the Covid-19 pandemic, as well as video gaming as a driver of technology. Sustainability, diversity and inclusion also emerged as key themes.
January 13, 2021 Deep Dive Free Report Innovator Intelligence: Simplifying Online Apparel Shopping with Virtual Try-On SolutionsThe Covid-19 pandemic has created huge opportunity for retailers in the virtual space due to a widespread consumer shift to e-commerce. However, with increased order volumes, online apparel retailers continue to grapple with the negative impact of returns. We discuss how virtual try-on technologies can help these retailers to reduce returns, and we explore the key trends impacting the virtual try-on market. This free report is sponsored by SeeItFit.
January 12, 2021 Event Coverage Register for Free Access CES 2021 Day One: Home, Health, Wellness and Sustainability Trends Drive Product Launches at First Virtual CESCES 2021, an event held by the Consumer Technology Association, is taking place on January 11–14 and is a virtual event for the first time. The Coresight Research team presents our key insights from day one of the event, which focused on new product announcements by major global consumer-electronics companies, across health and wellness, home cleanliness and entertainment, and more.
January 12, 2021 Insight Report Premium Chinese New Year: Five Strategies for International Brands and Retailers To Capitalize on the HolidayChinese New Year, also called Spring Festival, is the most important holiday of the year in Chinese culture, falling on February 11–17 in 2021. We discuss five ways in which international brands and retailers can capitalize on this retail opportunity in 2021 and future years, covering new products, red packets, themed campaigns, livestreaming and logistics.
January 12, 2021 Deep Dive Register for Free Access Retail 2021: 10 Trends for China E-CommerceWe expect 2021 to be a year full of innovation in China’s e-commerce market, with the Covid-19 pandemic having significantly altered the nature of how consumers engage with brands and make purchases. In this free report, we present 10 key trends for Chinese e-commerce in 2021 and discuss how brands and retailers that are targeting the China market could capitalize on the changes we expect to see over the course of the year. These trends cover livestreaming, shopping festivals, group buying, New Retail and more.
January 11, 2021 Deep Dive Databank Members US Consumer Tracker: Introducing Our New Data on Consumers’ Shopping Behavior (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 introduce new survey data on what shoppers are buying and which retailers they are buying from, as well as findings on the avoidance of public places and what activities consumers expect to do in the next two weeks. Our consumer survey was undertaken on January 4.