June 26, 2020 Store Tracker Databank Members Weekly US and UK Store Openings and Closures Tracker 2020, Week 26: GNC 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 Francesca’s, GNC and JCPenney in the US, and Hotter, Lee Longlands and Monsoon Accessorize in the UK.
June 25, 2020 Insight Report Premium Beauty Insights: Opportunities in India’s Beauty and Personal Care MarketAs part of our Beauty Insights series, we explore the beauty and personal care market in India and the opportunities that it presents to international brands and retailers. We detail the industry’s key growth drivers—considering population demographics, the e-commerce channel and evolving consumer trends—and discuss the competitive landscape, which includes international players such as L’Oréal, Estée Lauder and Sephora. We also assess the impact of the coronavirus crisis on the India’s beauty sector against the backdrop of easing nationwide lockdowns.
June 25, 2020 Insight Report Premium US Independence Day Retail Preview 2020: Consumer Spending Expected To Decline Versus Last YearWith Independence Day just around the corner, we estimate total US consumer spending on the occasion this year, in the context of easing coronavirus lockdowns. We propose actions that retailers could take to drive sales for Independence Day.
June 25, 2020 Insight Report Premium May 2020 Monthly Consumer Update: US, UK and ChinaAnalyzing consumer demand in May 2020, we saw a partial rebound in the US and the UK after the severe impacts of the Covid-19 crisis in April, while China continued to see improvements.
June 25, 2020 Insight Report Premium Coronavirus Insights: China’s Post-Crisis Retail Outlook—How Shanghai Stores Won Back Young Shoppers after LockdownThe Coresight Research team recently observed the current retail environment in Shanghai to assess the return of shoppers to the brick-and-mortar format in the wake of the Covid-19 crisis in China. We visited the flagship stores of two retailers that are focused on attracting young consumers: Harmay, a beauty retailer; and The Beast Shop, a lifestyle brand.
June 24, 2020 Insight Report Premium 2020 Tax Tracker, Week 20: Tax Filings Down, Average Refund Up $33 from Last YearAs of week 20 of the US tax refund season, the IRS has reported that the number of returns filed was down year over year, as taxpayers take advantage of the filing extension granted due to the coronavirus pandemic. Although the number of refunds issued was also down, the average refund amount was up from last year.
June 24, 2020 Deep Dive Premium Retail Innovators: REITsThe Coresight Research Retail Innovators series examines how key players and startups are disrupting different retail sectors. In this report, we focus on five disruptors in the REITs sector that are offering innovative data and technology solutions to real-estate owners. We also highlight the ways in which some REITs in the US are introducing innovation, such as by adding entertainment to properties.
June 23, 2020 Insight Report Premium China Sees a Significant Sales Rebound during the 6.18 Midyear Shopping FestivalThe 6.18 Shopping Festival represented a significant sales rebound in China following the coronavirus crisis. We explore the success of e-commerce platforms during this year’s event and the underlying consumer trends that drove sales.
June 23, 2020 Deep Dive Free Report Cross-Border E-Commerce: A Buyer’s GuideIn this report, we examine how retailers and brands can effectively sell across borders in ways that provide a consistent brand experience and drive shopper loyalty. The coronavirus crisis has prompted cross-border shopping to spike, and it looks likely to fuel demand over the coming period. In a post-crisis landscape, retailers and brands must look for growth opportunities wherever they lie.
June 22, 2020 Insight Report Premium May 2020 UK Retail Sales: Partial Rebound in Discretionary Sector Even Before Most Stores ReopenUK retail sales saw improvement in May after April’s deep declines, aided by a strong performance in DIY and hardware-store sales as these were deemed essential by the government and were thus allowed to stay open during lockdown. Some sectors also began to reopen in May after coronavirus-led temporary closures. We review May data for UK retail in total and by sector.
June 22, 2020 Deep Dive Premium Coronavirus Insights: US Survey Update—Signs of a Slowdown in Online Grocery Shopping (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 lockdowns easing and retail beginning to reopen, we discuss shoppers’ expectations for the period after lockdowns end, including what activities they expect to do in the next two weeks. Our consumer survey was undertaken on June 17.
June 22, 2020 Flash Report Register for Free Access Coronavirus Insights: US Survey Update—Signs of a Slowdown in Online Grocery Shopping (Select Findings)This free report features select findings from our US consumer survey, undertaken on June 17, which asked respondents about their behavior, sentiment and expectations amid the coronavirus crisis.
June 22, 2020 Insight Report Premium May 2020 US Retail Traffic and In-Store Metrics: Traffic Declines by Over 83%, Slowing Toward the End of the MonthAlthough May 2020 saw a deep year-over-year decline in US store traffic, it represented an improvement from April as many states began to lift coronavirus-led lockdowns. We review store traffic changes through the month and the sectors most impacted by the current crisis.
June 21, 2020 Analyst Corner Register for Free Access Weinswig’s Weekly: June 21, 2020—Is the US Consumer Back for Good?This week’s note “From the Desk of Deborah Weinswig” considers whether US consumes are returning in force to retail.
June 19, 2020 Store Tracker Databank Members Weekly US and UK Store Openings and Closures Tracker 2020, Week 25: The Children’s Place To Close Hundreds of StoresOur Weekly US and UK Store Openings and Closures Tracker reports on store closures, openings and bankruptcies. This week, there are highlights from Chico’s, Guess and The Children’s Place in the US, and Poundstretcher and Travis Perkins in the UK.