May 28, 2020 Deep Dive Premium Social Commerce Platforms: Diverse Opportunities for Brands and RetailersWe present the social commerce landscapes in China and the US, discussing major platforms across areas such as social media, livestreaming, group buying and e-commerce. This report highlights the broader scope of the Chinese market and the learnings that Western companies could take from China’s alternative social commerce models, as well as the opportunities for brands and retailers in the sector.
May 27, 2020 Event Coverage Register for Free Access Open for Business with Brad Burgess, Global Affairs Executive: Digital and Supply Chain Strategies during a Crisis and BeyondAs part of our Open for Business webinar series, we hosted Brad Burgess, Global Head of Corporate Affairs at JD.com. We present the transcript from this webinar, in which Burgess offered insights into supply chain challenges and technological innovations in the context of the coronavirus pandemic and beyond.
May 27, 2020 Deep Dive Premium US Generations and Spending: The Future of Millennials’ Consumer Behavior, Influenced by Covid-19In this first report in our US Generations and Spending series, we focus on the buying behaviors of millennials, which have recently been altered by the coronavirus lockdown. We explore how these changes may impact consumer spending in the long term and consider the implications for retailers.
May 27, 2020 Insight Report Premium 2020 Tax Tracker, Week 16: Tax Filings Down, IRS Issues $258 Billion in Economic Impact PaymentsAs of week 16 of the US tax refund season, the IRS has reported that the number of returns filed was down year over year, as was the total number of refunds issued. Economic Impact Payments totaled more than $258 billion, with the highest number of stimulus payments going to California.
May 26, 2020 Flash Report Register for Free Access Retail 2020: 10 China E-Commerce Trends—Update, Shaped by Covid-19We present 10 trends that are shaping China’s e-commerce landscape through 2020, impacted by the coronavirus crisis and changes in consumer behavior. We discuss the implications of these trends for brands and retailers as the nation recovers from Covid-19
May 26, 2020 Insight Report Premium New Retail Briefing: Tmall Debuts a Luxury Discount Platform, Enabling Brands To Clear InventoryBrands and e-commerce platforms in China have been implementing new initiatives to generate sales in the wake of the coronavirus pandemic. We discuss these recent developments in New Retail, which include the launch of new luxury discount channel on Alibaba’s Tmall and a new group-buying platform by Tencent.
May 25, 2020 Insight Report Premium April 2020 UK Retail Sales: Huge Declines in Discretionary Sectors Conceal Meaningful Sales Retention through E-CommerceTotal UK retail sales further declined in April, largely due to the enforced closure of nonessential retailers due to the coronavirus pandemic. However, deep declines conceal a meaningful retention of sales through e-commerce. We review April data for UK retail in total and by sector.
May 25, 2020 Insight Report Premium Earnings Insights 1Q20, Week 1: What US Retailers Are Reporting on the Coronavirus Impact and OutlookOur weekly Earnings Insights reports feature highlights from recent management commentary at major US retailers as they report first-quarter 2020 earnings. We condense what retail companies are reporting with a focus on the impact of the coronavirus crisis. This week, there are highlights from companies that reported in the weeks ended May 17 and May 24, including Best Buy, Kohl’s and VF Corporation.
May 25, 2020 Deep Dive Premium Coronavirus Insights: US Survey Update—Consumers Remain Cautious and Selective Toward Post-Lockdown Activities (Full Report)Our latest survey report provides a detailed updated on US consumers’ behaviors, concerns and expectations amid the coronavirus crisis, with a focus on the implications for retail. We discuss shoppers’ expectations for the period after lockdowns end, including what they expect to do in the month after lockdowns end. Our consumer survey was undertaken on May 20.
May 25, 2020 Flash Report Register for Free Access Coronavirus Insights: US Survey Update—Consumers Remain Cautious and Selective Toward Post-Lockdown Activities (Select Findings)This free report features select findings from our US consumer survey, undertaken on May 20, which asked respondents about their behavior, sentiment and expectations amid the coronavirus crisis.
May 24, 2020 Analyst Corner Register for Free Access Weinswig’s Weekly: May 24, 2020—Physical Retail Stores Have Started To ReopenThis week’s note “From the Desk of Deborah Weinswig” looks at the return of brick-and-mortar retail in the US as stores reopen following Covid-19 shutdowns.
May 22, 2020 Store Tracker Databank Members Weekly US and UK Store Openings and Closures Tracker 2020, Week 21: JCPenney Files for Bankruptcy; Pier 1 Imports To LiquidateOur Weekly US and UK Store Openings and Closures Tracker reports on store closures, openings and bankruptcies. This week, there are highlights from JCPenney, Nordstrom and Pier 1 Imports in the US and Antler and Johnson Shoes Company in the UK.
May 21, 2020 Insight Report Premium Coronavirus Insights: China Launches New “55 Shopping Festival” To Give Retail a Post-Lockdown BoostTo stimulate the economy and encourage consumers to release pent-up demand post Covid-19, the Shanghai Municipal People’s Government co-launched a new, large-scale shopping holiday with the retail industry at the beginning of May 2020. We discuss the scale and impact of the omnichannel 55 Shopping Festival, exploring how it is driving purchasing behavior in retail and tourism.
May 21, 2020 Insight Report Premium US and China Quarterly Economic Update: Coronavirus Inflicted Economic Harm to Both Countries in 1Q20Recently released data from the US and China show both economies being impacted by the global coronavirus pandemic in the first quarter of 2020. US GDP declined to the lowest level since the Global Recession in 2008, and China’s GDP contracted for the first time in nearly 30 years. Furthermore, due to the Covid-19 crisis, industrial output in both nations fell significantly.
May 21, 2020 Insight Report Premium Contactless Payment Options Continue To Gain Acceptance, Spurred by NecessitySince the outbreak of the coronavirus, many businesses have ceased accepting cash as payment in order to minimize contact and thus reduce the risk of spreading the virus. We discuss recent developments in mobile payment technologies, the adoption of which is being driven by changing consumer expectations in the current environment.
