May 20, 2020 Insight Report Premium Global Tourism: China’s Travelers Set To Pivot to Domestic Tourism, Coresight Research Survey ConfirmsAs part of our quarterly Global Tourism series—which discusses domestic and international tourism themes and trends—we explore how the coronavirus crisis has impacted the behaviors and plans of Chinese travelers, based on key findings from our recent proprietary survey.
May 20, 2020 Insight Report Premium 2020 Tax Tracker, Week 15: Tax Filings Down, Average Refund Up 1.8% from Last YearAs of week 15 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. However, the average refund amount was up from last year.
May 19, 2020 Deep Dive Premium Retail Innovators: Beauty Brands and RetailersThe Coresight Research Retail Innovators series examines how key players and startups are disrupting different retail sectors. In this report, we focus on five innovators in the beauty market: Beautycounter, Glossier, Madison Reed, Nykaa and Perfect Diary. We discuss these industry players in the context of changing consumer demand in the beauty sector, including the influence of social commerce and a heightened emphasis on clean beauty and sustainability.
May 19, 2020 Insight Report Premium Consumer Tech Briefing: Augmented Reality Boosts Consumer Engagement during Coronavirus LockdownsEach month, our Consumer Tech Briefing series discusses recent developments in the world of technology. This month, we look at the role of augmented reality in new product launches, which is enabling retailers to stay connected with consumers during coronavirus lockdowns and prepare for the post-crisis retail environment.
May 18, 2020 Deep Dive Premium Coronavirus Insights: US Survey Update—Here’s What Shoppers Expect To Do after Lockdowns End (Full Report)Our latest survey report provides a detailed update on US consumer 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 the easing of lockdowns. Our consumer survey was undertaken on May 13.
May 18, 2020 Flash Report Register for Free Access Coronavirus Insights: US Survey Update—Here’s What Shoppers Expect To Do after Lockdowns End (Select Findings)This free report features select findings from our US consumer survey, undertaken on May 13, which asked respondents about their behavior, sentiment and expectations amid the coronavirus crisis.
May 18, 2020 Insight Report Premium April 2020 US Retail Sales: Discretionary Sectors Post Huge Declines; Food Stores and Nonstore Retailers Save Total Sales from Double-Digit FallWith nonessential retail shut down for the full month of April due to the coronavirus, US retail sales nosedived in discretionary sectors, following deep declines in March. Lower levels of food stockpiling by consumers also saw growth slow in the grocery sector.
May 17, 2020 Analyst Corner Register for Free Access Weinswig’s Weekly: May 17, 2020—Gauging the Lockdown-Driven Slump in Europe Discretionary RetailThis week’s note “From the Desk of Deborah Weinswig” looks at a number of recent data points on European discretionary retail sales, with a focus on apparel.
May 15, 2020 Insight Report Premium Coronavirus Insights: US Drugstore Chains and Big-Box Pharmacy Retailers Roll Out Drive-Thru Coronavirus Testing SitesAs some US states begin to reopen businesses and lift stay-at-home orders, the need for increased testing has become a focal point to slow the spread of the coronavirus. We discuss how the concept of drive-thru testing is undergoing mass expansion across the nation, due to the efforts of drugstore chains and pharmacy retailers.
May 15, 2020 Store Tracker Databank Members Weekly US and UK Store Openings and Closures Tracker 2020, Week 20: Stage Stores Files for Chapter 11 BankruptcyOur Weekly US and UK Store Openings and Closures Tracker reports on store closures, openings and bankruptcies. This week, there are highlights from GNC, Loves Furniture and Stage Stores in the US and Debenhams in the UK.
May 14, 2020 Insight Report Premium Coronavirus Insights: Three Post-Lockdown Consumer Trends in ChinaCoronavirus-related lockdowns have impacted consumption behavior around the world. As China emerges from the crisis, we identify three areas of altered consumer behavior that we expect to impact future spending patterns—including omnichannel experiences and group buying.
May 14, 2020 Event Coverage Register for Free Access Coresight Conversations: Retail Legend and Turnaround Specialist Michael Appel Discusses How Liquidity Preservation Is Key to a Business TurnaroundAs part of our Coresight Conversations: Legends in Retail webinar series, we hosted retail legend and business turnaround specialist Michael Appel. We present the transcript from this webinar, in which Appel shared his five-pronged strategy for how retailers can survive the current coronavirus crisis and look ahead to the future—with emphasis on the key pillars of technology and liquidity.
May 14, 2020 Insight Report Premium RFID Update: Mature Technology Finds New Applications in CPG, Analytics and Inventory TrackingWe explore the use of RFID in retail, with applications of this 70-year-old technology still expanding due to recent innovations. This report highlights key developments in the field that enable loss prevention, frictionless returns, predictive analytics and inventory tracking. We also discuss a major initiative in Japan, through which major convenience-store retailers are introducing RFID tags across their entire product inventory.
May 13, 2020 Deep Dive Premium Operating in a Post-Coronavirus World: How Indian Retailers Can Navigate the Road to RecoveryThe 2020 coronavirus pandemic has seen the Indian government impose restrictions to curb the spread of the virus. We discuss the wide-ranging impacts of the ongoing lockdown on India’s retail sector and explore how retailers have responded to the crisis. In addition to examining the challenges that lie ahead, we present a three-pronged approach for retailers to survive the post-coronavirus recovery period and emerge stronger.
May 13, 2020 Insight Report Premium 2020 Tax Tracker, Week 14: Tax Filings Down, IRS Issues $200 Billion in Economic Impact PaymentsAs of week 14 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 $200 billion in the program’s first four weeks, with the highest number of stimulus payments going to California.
