April 15, 2020 Insight Report Premium 2020 Tax Tracker, Week 10: Tax Filings Slide Further, Average Refund Up 1.6% from Last YearAs of week 10 of the US tax refund season, the IRS has reported that the average refund amount was up slightly. Tax filing numbers have dropped year over year and are likely to continue to do so in the coming weeks as taxpayers take advantage of a 90-day filing extension granted by the IRS due to the coronavirus crisis.
April 15, 2020 Deep Dive Premium RetailTech: SAP—Pivoting from ERP Software to Customer ExperienceSAP started out life in Germany in the 1970s supplying financial software and later expanded to manage virtually every element of an industrial business. Now, the company is moving into areas that create major value propositions for retail clients.
April 14, 2020 Insight Report Premium Coronavirus Insights: US vs. China Store Shutdown and Reopening Timeline—Where Is the US Now?We outline our expectations for brick-and-mortar retail in the US amidst the coronavirus outbreak by comparing key milestone in the country’s coronavirus timeline to the experience of China, which is seemingly recovering from the pandemic. Exploring the timelines of both nations, we consider store closures by week, store reopenings and mall shutdowns/reopenings.
April 14, 2020 Deep Dive Premium Amazon Apparel Consumer Survey 2020: Amazon Cements Its Lead in US Fashion MarketIn our third annual consumer-survey report on Amazon’s position in apparel, we explore how many US shoppers are buying clothing and footwear on Amazon, why, and where (if anywhere) they are switching spending from—among many other findings.
April 14, 2020 Insight Report Premium Insights from China: How Brands Can Harness the Power of KOLs and KOCsKey opinion leaders (KOLs) and key opinion consumers (KOCs) are social media influencers whose product reviews can drive sales in particular sectors by mobilizing consumer spending. We discuss how brand and retailers can tap into the China market by leveraging influencers as a marketing strategy
April 13, 2020 Deep Dive Premium European Apparel Retailing: Value and E-Commerce Continue To Set the PaceIn this report, we look at the European apparel retail sector, with a focus on France, Germany and the UK. In addition to discussing apparel sales in these regions, we discuss how online pure plays are on an upward growth trajectory, bucking the doom-and-gloom trend, as well as efforts by European value retailers to expand their reach and footprint. We also consider multibrand e-commerce players’ moves in the sportswear space and sustainability efforts.
April 13, 2020 Flash Report Register for Free Access Coronavirus Insights: US Survey Update—Many Shoppers Fear Longer-Term Impacts, Threatening the Holiday Season (Select Findings)This free report features select findings from our US consumer survey, undertaken on April 8, which asked respondents about their behavior and sentiment amid the coronavirus crisis. We compare selected metrics with prior weekly surveys.
April 13, 2020 Deep Dive Premium Coronavirus Insights: US Survey Update—Many Shoppers Fear Longer-Term Impacts, Threatening the Holiday Season (Full Report)Our latest survey report provides a detailed update on US consumers’ behaviors, concerns and expectations amid the coronavirus crisis. Our consumer survey, undertaken on April 8, updates findings from prior weekly surveys.
April 12, 2020 Analyst Corner Register for Free Access Weinswig’s Weekly—April 12, 2020This week’s note “From the Desk of Deborah Weinswig” looks at how US retailers are hunkering down to survive a recession.
April 10, 2020 Store Tracker Databank Members Weekly US and UK Store Openings and Closures Tracker 2020, Week 15: Dean & DeLuca 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 Dean & DeLuca and Walgreens in the US and Arcadia Group, Debenhams and Walgreens Boots Alliance in the UK.
April 10, 2020 Insight Report Premium March 2020 US Retail Traffic and In-Store Metrics: Traffic Falls by Over 60%, and Much More Steeply Toward the End of the MonthMarch 2020 saw a significant decline in US retail traffic amidst the coronavirus pandemic, heavily impacted by the store shutdowns implemented from the middle of the month. We review store traffic changes through the month and the sectors most impacted by the current crisis. We also consider key findings from a survey by RetailNext, which highlights the widely held belief that the pandemic will have long-term effects on retail.
April 9, 2020 Insight Report Premium Faced with Weak Domestic Markets, It Is Time for Western Retailers and Brands To Join Singles’ Day 2020The coronavirus pandemic has had a global impact, and the retail industry has been hit hard. With many brands and retailers currently focusing on short-term survival, we look ahead to the opportunities that they could plan to leverage from the Singles’ Day shopping event on November 11, 2020.
April 9, 2020 Insight Report Premium Xcel Brands x Coresight Research Monthly Fashion Trend Report: April 2020—Top Trends Include Square-Neck Dresses and Cropped CardigansThe Monthly Fashion Trend Report highlights the top growing and accelerating fashion silhouettes that consumers are searching for and provides actionable insights for functional business units. This report looks at the square-necked dresses and cropped cardigans.
April 9, 2020 Insight Report Premium US Grocery Pop-Ups: Amid the Coronavirus Outbreak, Nonretailers Launch Grocery Pop-Up Stores To Meet Local NeedsThe coronavirus outbreak has prompted nongrocery companies in the US to open pop-up stores, through which they can sell inventory to local consumers. There are examples of this phenomenon in the restaurant sector, as many US states have banned restaurant dining due to the pandemic. We discuss examples of recently launched grocery pop-up stores in the US and consider the future of the format in the grocery sector when the coronavirus crisis is over.
April 8, 2020 Insight Report Premium East-to-West Learnings: How Chinese Grocery Retailers Have Enhanced Efficiency To Get Food to Consumers during the Coronavirus CrisisDuring the coronavirus crisis, Chinese domestic retailers had to react quickly to the new reality of shopping in a nationwide lockdown. We discuss the actions taken by grocery retailers to enhance efficiency in response to a surge in demand, as well as the launch of other initiatives, such as creating product bundles and forming collaborations with other industry players. We consider how learnings from these examples could be applied to other markets.
