March 25, 2020 Insight Report Premium Beauty Insights: Beauty Activism Represents the Next Wave of Brand DifferentiationActivism is taking hold in the beauty sector as retailers and brands take a stance on environmental and social issues. In this report, we discuss how social activism is becoming the next big movement the beauty industry, offering brands the opportunity to differentiate themselves in a crowded market.
March 25, 2020 Insight Report Premium Retail-Tech Landscape: In-Store DigitalizationIn this report, we continue our Retail-Tech Landscape report series, which spotlights innovative technology companies that are disrupting the retail industry. This landscape focuses on technology companies that are enabling the transformation of physical stores through artificial intelligence, machine learning and computer vision.
March 25, 2020 Insight Report Premium 2020 Tax Tracker, Week 7: Coronavirus Disruption Prompts IRS To Extend Tax Filing and Payment Deadline by 90 DaysWith IRS service centers closed and all in-person meetings with taxpayers cancelled, the US Department of the Treasury announced the IRS will extend the tax deadline from April 15 to July 15. That extension also means taxpayers can pay late without interest or penalties.
March 24, 2020 Deep Dive Premium Esports: How Brands Can Leverage Gaming To Reach Targeted AudiencesThe esports industry is seeing a growing number of viewers, particularly with the impact of the ongoing coronavirus outbreak meaning that people are spending more time at home on their devices. We discuss how brands and retailers can leverage the rising popularity of competitive video gaming to sell and market their products, particularly in China and the US.
March 24, 2020 Store Tracker Databank Members US Store Closures 2020 Outlook: Coronavirus Outbreak Set To Trigger Unprecedented Number of ClosuresWith a number of temporary store closures already in effect in the US due to the coronavirus outbreak, this report assesses the outlook for physical retail over the remainder of 2020. We compare year-to-date store closure data with 2019 and discuss a potential rise in bankruptcies, which may become a reality for many struggling retailers. We also predict the total number of closures we expect to see in the US in the full-year 2020.
March 24, 2020 Insight Report Premium New Retail Briefing: Amid Coronavirus Outbreak, ByteDance’s News Platform Jinritoutiao Launches “Play at Home” FunctionAs China slowly but surely emerges from the the coronavirus outbreak, retailers are leveraging the tools they deployed during the toughest periods to accelerate recovery. Others are finding creative ways to clear unsold inventory and reengage with consumers.
March 23, 2020 Deep Dive Premium US Social Commerce Survey: The Impact of Social Media on Shopping BehaviorWe discuss the use of social media by US shoppers, as part of our report series exploring social commerce. Based on findings from a Coresight Research proprietary survey, we explore how often consumers use social media platforms to research, discover and buy products across multiple categories. In addition, we consider the impact of celebrities and influencers on US social media shoppers.
March 23, 2020 Deep Dive Premium 4Q19 US Earnings Season Wrap-UpFourth-quarter 2019 retail earnings show that many companies across the retail industry saw strong growth. However, our coverage of the Coresight 100 reveals that the CPG and department-store sectors bucked this trend, with the latter continuing to struggle. Companies across the board have updated their guidance due to coronavirus disruption in the supply chain and demand in Asia, but we are yet to see updates based on the spread of the virus to the US, with the nation moving closer to lockdown.
March 20, 2020 Insight Report Premium Coronavirus Insights: Battening Down the Hatches—Assessing Major US Retailers’ Prospects to Weather the StormAs a global pandemic keeps shoppers home and stores close, many want to know which retailers are best positioned. But there is no standard roadmap for a situation like this—so Coresight Research created one.
March 20, 2020 Flash Report Register for Free Access Coronavirus Insights: Survey Finds US Shoppers Are Bracing for the Long Haul (Select Findings)This free report features select insights from Coresight Research’s March 2020 survey of US consumers on the subject of the coronavirus. We asked how concerned they are, what their job/income concerns are, what kind of places they are avoiding and whether their behaviors will change in the long term.
March 20, 2020 Insight Report Premium Coronavirus Insights: Survey Finds US Shoppers Are Bracing for the Long Haul, Say New Behaviors Will Stick (Full Report)As the US gets serious about tackling the suddenly worsening coronavirus outbreak, consumers are bracing for impact. Coresight Research surveyed US consumers to find out how concerned they are, what they are concerned about specifically and how that concern will change buying habits.
March 20, 2020 Store Tracker Databank Members Weekly US and UK Store Openings and Closures Tracker 2020, Week 12: Modell’s Sporting Goods Files for Chapter 11 Bankruptcy; Coronavirus Triggers Temporary Store ClosuresOur Weekly US and UK Store Openings and Closures Tracker reports on store closures, openings and bankruptcies. This week, there are highlights from Gap, Modell’s Sporting Goods and Neiman Marcus in the US and Dixons Carphone and Laura Ashley in the UK.
March 19, 2020 Deep Dive Premium RetailTech: Sensormatic Solutions—Johnson Controls’ Retail Tech FoundryJohnson Controls has for decades dominated the retail security sector, helping stores manage shrink with innovative digital solutions. Now, the company is leveraging its dominant market position to launch new digitally enabled service offerings.
March 19, 2020 Deep Dive Premium US Off-Price Retail: Two Companies Dominate the MarketConsumer demand remains high for off-price retail in the US. We present the defining characteristics of this typically brick-and-mortar market and discuss the top retailers by US market share—including Burlington, Nordstrom, Ross Stores and TJX Companies, Inc—with two players being particularly dominant. This report also discusses the physical footprint expansion of selected retailers, the role of e-commerce, growing product categories in the market and how traditional department stores are leveraging off-price channels.
March 19, 2020 Insight Report Premium China Retail Sales Slide During Coronavirus Shutdown: Implications for US RetailAs US retail (and citizenry) brace for the impact of the worsening COVID-19 outbreak, China is slowly but surely recovering. What lessons can US retail learn from their Chinese counterparts to navigate this uncertain time?
