September 22, 2020 Insight Report 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.
September 21, 2020 Flash Report 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.
September 21, 2020 Deep Dive 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.
September 21, 2020 Insight Report 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.
September 21, 2020 Insight Report 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.
September 20, 2020 Analyst Corner 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.
September 18, 2020 Insight Report 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.
September 18, 2020 Store Tracker 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.
September 18, 2020 Insight Report 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.
September 17, 2020 Deep Dive 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.
September 17, 2020 Insight Report 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.
September 17, 2020 Insight Report Premium August 2020 US Retail Sales: Further Strong Year-over-Year GrowthBuilding on strong growth momentum in total US retail sales in July 2020, US retail sales continued to rebound strongly in August, driven by multiple nonfood sectors—including sports and leisure goods and home improvement. Using data from the US Census Bureau, this report looks at which retail sectors saw sales surge and which did not do well in August 2020.
September 16, 2020 Insight Report Premium Retail Robustness Index: September 2020 Update—Store Reopenings Drive Higher Index ValuesCoresight Research’s Retail Robustness Index evaluates the 100 largest US retailers (by revenue) on their ability to weather dramatic shifts in demand as the Covid-19 lockdowns began. The September update revises the scores based on financial reports and store-reopening announcements. Alongside the report, our infographic summarizes key changes since the previous Retail Robustness Index update in August.
September 16, 2020 Insight Report Premium Insights from China: China’s Domestic Duty-Free Market Grows in the Wake of Covid-19The Covid-19 crisis has heavily impacted airport retail in 2020. By contrast, China’s domestic duty-free market is accelerating. We discuss the market’s size and potential for growth, exploring three key drivers that present opportunities for brand and retailers—namely Hainan’s new duty-free policy, the rise of downtown duty-free stores and the shift of spending to the online channel.
September 15, 2020 Deep Dive Free Report Why Not-for-Resale Savings Could Be the Key to Unlocking ProfitabilityCovid-19 has seen retailers become laser-focused on profitability as they search for cost-saving initiatives to combat declines. Using proprietary Coreseight Research survey findings, this free report analyzes the negative impact of the crisis on business profitability and explores how NFR (not-for-resale goods and services) savings represent a substantial opportunity for retailers to unlocking profitability.