July 6, 2020 Deep Dive Premium Coronavirus Insights: US Survey Update—How Covid-19 Has Changed the Way Consumers Shop for Apparel (Full Report)Our latest survey report provides a detailed update on US consumers’ behaviors, concerns and expectations amid the coronavirus crisis, with a focus on the implications for retail. This week, we focus on changing consumer shopping behaviors in the apparel category, asking new questions about product returns. We also discuss shoppers’ current online spending habits and avoidance of public places, as well as what activities they expect to do in the next two weeks. Our consumer survey was undertaken on July 1.
July 6, 2020 Insight Report Premium Coronavirus Insights: US Luxury Is Well Positioned To Recover Post CrisisAs a discretionary retail sector, luxury was dealt a significant blow by the coronavirus crisis this year. We discuss how the market’s recovery could play out over the next two years, using proprietary consumer survey data. We also take learnings from the Chinese luxury market to provide indicators into future consumer behavior in the US.
July 5, 2020 Analyst Corner Register for Free Access Weinswig’s Weekly: July 5, 2020—Going to the Mall… To Try on Clothing VirtuallyThis week’s note “From the Desk of Deborah Weinswig” discusses the adoption of technology to provide consumers with a contact-light alternative for trying on apparel amid the coronavirus pandemic.
July 3, 2020 Store Tracker Databank Members Weekly US and UK Store Openings and Closures Tracker 2020, Week 27: Microsoft To Close All US StoresOur Weekly US and UK Store Openings and Closures Tracker reports on store closures, openings and bankruptcies. This week, there are highlights from Microsoft and Space NK in the US, and Harveys Furniture, Monsoon Accessorize and TM Lewin in the UK.
July 2, 2020 Insight Report Premium 1Q20 US Retail Inventory Tracker: Discretionary Sectors Post Lower Inventory Turnover as Lockdowns HitIn our quarterly US Retail Inventory Tracker reports, we analyze inventory trends among those US retailers listed in the Coresight 100. We look at the inventory levels of various retailers in 1Q20 and assess why levels may have changed from the year-ago period—with many companies witnessing heavy impacts from the coronavirus crisis.
July 1, 2020 Deep Dive Premium Do Not Touch: Contactless Technologies for RetailWe explore the adoption and evolution of contactless and contact-light technologies at various stages of the shopping journey, including ordering, checkout, payment and delivery. With the Covid-19 pandemic fueling the development of such technologies—due to heightened consumer sensitivity to safety and out of necessity during temporary store shutdowns—retailers are likely to introduce more innovations to remove physical contact in transactions over the long term.
July 1, 2020 Deep Dive Premium Five Trends Shaping Apparel SourcingThe apparel sourcing industry is experiencing uncertainty due to unpredictable changes to tariffs and trade, the widespread coronavirus pandemic and fast-moving upgrades of technology in the supply chain. We outline five key apparel-sourcing trends and discuss how apparel retailers and brands can adapt to consumer expectations while controlling sourcing costs.
July 1, 2020 Insight Report Premium Reshaping Supply Chains for the 2020s: #2—Demand ForecastingIn 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 the importance of demand forecasting in retail and the evolution of technology solutions to address pain points in the process.
July 1, 2020 Insight Report Premium 2020 Tax Tracker, Week 21: Tax Filings Down, Average Refund Up $28 from Last YearAs of week 21 of the US tax refund season, the IRS has reported that the number of returns filed was down year over year. Although the number of refunds issued was also down, the average refund amount was up from last year.
June 30, 2020 Deep Dive Premium America’s Changing Shopping Centers: Part 2—Coronavirus Crisis Could Trigger Long-Delayed Mall ConsolidationAs US states relax stay-at-home restrictions, several property owners are reopening malls in a phased manner. In this report—the second in our America’s Changing Shopping Centers series—we discuss the challenges that the coronavirus crisis has created for shopping malls through 2020 and beyond.
June 30, 2020 Insight Report Premium New Retail Briefing: E-Commerce Platforms Launch Key Strategies To Support Businesses in China and the US Post PandemicE-commerce platforms in China have been rolling out new strategies to support businesses in China and the US in the wake of the coronavirus crisis. We discuss these recent developments in New Retail, which include the extension of payment terms for US buyers by Alibaba.com and JD.com’s plans to upgrade its logistics network to better serve lower-tier markets in China.
June 29, 2020 Insight Report Premium VF Corporation: A Timeline of Key EventsThis report explores the recent history of VF Corporation, one of the world’s largest apparel, footwear and accessories companies. We look at key events over the last three years, during which time the company has undergone restructuring but remained committed to its sustainability and responsibility strategy. We also provide a timeline of VF Corporation’s product offering changes, executive changes and expansion over the past decade.
June 29, 2020 Flash Report Register for Free Access Coronavirus Insights: US Survey Update—Online Apparel Shopping Retains Its Appeal Even as Stores Reopen (Select Findings)This free report features select findings from our US consumer survey, undertaken on June 24, which asked respondents about their behavior, sentiment and expectations amid the coronavirus crisis.
June 29, 2020 Deep Dive Premium Coronavirus Insights: US Survey Update—Online Apparel Shopping Retains Its Appeal Even as Stores Reopen (Full Report)Our latest survey report provides a detailed update on US consumers’ behaviors, concerns and expectations amid the coronavirus crisis, with a focus on the implications for retail. With retail reopening as lockdowns are lifted, we discuss shoppers’ current behaviors, including online shopping and avoidance of public places. We also look at what activities they expect to do in the next two weeks. Our consumer survey was undertaken on June 24.
June 28, 2020 Analyst Corner Register for Free Access Weinswig’s Weekly: June 28, 2020—Online Grocery Surge—The ImplicationsThis week’s note “From the Desk of Deborah Weinswig” discusses the implications of the recent online grocery surge for the US and UK markets.