August 17, 2020 Insight Report Premium July 2020 US Retail Sales: Strength in Multiple Nonfood Sectors Drives Total Growth to 10%Building on extraordinary growth in June in a post-crisis environment, the strong growth momentum in total US retail sales in July 2020 was driven by multiple nonfood sectors—including sports and leisure goods and home improvement. Using data from the US Census Bureau, we look at which retail sectors saw sales surge and which did not do well in July 2020.
August 16, 2020 Analyst Corner Register for Free Access Weinswig’s Weekly: What Simon Said—The State of Retail REITsThis week’s note “From the Desk of Deborah Weinswig” discusses the state of the retail real-estate sector—with second-quarter data from Simon Property Group, one of the industry’s largest real-estate investment trusts.
August 14, 2020 Event Coverage Register for Free Access RevTech Ventures Presents: Fireside Chat with Matt Alexander, Neighborhood Goods—E-Commerce Success During the PandemicWe present key insights from our exclusive fireside chat with Matt Alexander, Co-Founder and CEO of Neighborhood Goods, presented by RevTech Ventures. In this report, we focus on three key topics: people-centric stores, interactive technology and booming digital sales.
August 14, 2020 Store Tracker Databank Members Weekly US and UK Store Openings and Closures Tracker 2020, Week 33: Stein Mart Files for BankruptcyOur Weekly US and UK Store Openings and Closures Tracker reports on store closures, openings and bankruptcies. This week, there are highlights from Dick’s Sporting Goods, Stein Mart and Sur La Table in the US, and Jigsaw and River Island in the UK.
August 14, 2020 Insight Report Premium July 2020 US Retail Traffic and In-Store Metrics: Traffic Declines by 46%, and More Steeply Toward the End of the MonthJuly 2020 saw total US nonfood store traffic decline by 46.4% year over year, worsening from June’s decline as states rolled back reopening plans due to a spike in the number of coronavirus cases. We review store traffic changes through the month and the sectors most impacted by the current crisis.
August 13, 2020 Event Coverage Register for Free Access Open for Business with Glen Allison, Tractor Supply Company: Pivoting To Meet Consumer Demand in the New Retail LandscapeCoresight Research hosted a webinar with Glenn Allison, VP Information Technology at Tractor Supply Company, to discuss how Tractor Supply pivoted quickly during the pandemic and expanded its reach as an essential retailer. We present key insights from our conversation across three key topics: flexibility, supporting the workforce and leveraging technology.
August 13, 2020 Insight Report Premium Reshaping Supply Chains for the 2020s: #4—Smarter and Greener WarehousingIn our Reshaping Supply Chains for the 2020s series, we analyze the technologies and trends that are enabling the evolution of the supply chain. In this report, we discuss changes in retail warehousing needs and how technology solutions are helping to meet demand and optimize operations.
August 13, 2020 Insight Report Premium Retail Reimagined: Advancing Last-Mile Delivery with TechnologyAs part of our Retail Reimagined series, which explores the outlook for retail in a post-crisis world, we discuss how brands and retailers are rethinking last-mile delivery—with safety and convenience for consumers being top of mind. We explore the innovative approaches and advanced technologies being adopted in China and the US, including autonomous robots and drones, smart parcel lockers and dark stores.
August 12, 2020 Insight Report Premium Insights from China: How Brands and Retailers Can Tap Into the Growing Wellness MarketWith increased interest in beauty and health, Chinese consumers are fueling a boom in the wellness retail market. We explore three key trends that present opportunities for brand and retailers in this market—namely edible beauty, fitness and mental health.
August 12, 2020 Insight Report Premium Insights from Amazon Prime Day 2020 in India: A Precursor to Prime Day in Other MarketsWe present insights from Amazon’s Prime Day event in India, which took place on August 6–7. We discuss the e-commerce giant’s preparations for the event this year, headline deals and consumer challenges. We discuss how the event in India is a precursor to Amazon’s Prime Day in other markets later in the year, and its implications for brands and retailers.
August 12, 2020 Insight Report Premium US Back to School 2020: Consumer Survey Update—Further Shift of Spending from In-School to Digital LearningPart of our US Back to School 2020 series, we provide an update on consumer attitudes toward the back-to-school season, based on a recent Coresight Research survey of US consumers. We discuss our findings across three key topics—spending expectations, concerns about Covid-19 and attitudes toward in-store versus online shopping—with a focus on in-school versus online learning.
August 11, 2020 Insight Report Premium Three Months to Singles’ Day: Using Social Feed Weitao To Build Awareness and Drive SalesWith three months to go until Singles’ Day 2020, we discuss how brands and retailers can use Weitao, Alibaba’s built-in social feed for Tmall and Taobao, to prepare for China’s biggest e-commerce festival. We explore how the integrated platform can help merchants and brands to communicate effectively with consumers, build their follower base and drive increased traffic to their Tmall and Taobao stores on November 11.
August 11, 2020 Insight Report Premium Retail Reimagined: Rethinking Product Creation To Drive Consumer Demand—Collaboration and CustomizationAs part of our Retail Reimagined series, which explores the outlook for retail in a post-crisis world, we discuss the rise of brands and retailers leveraging customization and collaboration as innovative product creation strategies. We consider recent examples of these trends in China and the US, as well as implications for brands, retailers and technology vendors.
August 11, 2020 Store Tracker Databank Members US Store Closures: Apparel Sector Accelerates Toward Record Number of Store ClosuresStore closures are continuing to mount across various discretionary sectors in the US retail industry against the backdrop of Covid-19—with the apparel sector having seen a high number of permanent closures and bankruptcies so far in 2020. We provide an overview of these developments and discuss the outlook for the sector over the remainder of the year.
August 10, 2020 Flash Report Register for Free Access US Survey Update: How Consumers Spent and Plan To Spend Stimulus Checks (Select Findings)This free report features select findings from our US consumer survey, undertaken on August 5, which asked respondents about their behavior, sentiment and expectations amid the coronavirus crisis.