March 19, 2020 Insight Report Premium February 2020 US Retail Sales: Growth Strengthens as Grocery Stores See Coronavirus-Driven Panic BuyingRetail sales jumped in February following already impressive gains in January. But the wealth was not spread evenly as growth was largely driven by coronavirus panic buying.
March 18, 2020 Insight Report Premium Coronavirus Insights: US Retail Braces for Worsening OutbreakThe situation in the US is changing rapidly as local, state and federal governments moves to slow the spread of coronavirus. Retail is getting ready for a tough few months as closures hammer earnings.
March 18, 2020 Insight Report Premium Coronavirus Insights: India Suspends Visas as Supply Chains Are Disrupted and Consumers Face LockdownsIndia reported its first COVID-19 case on January 30. Although it appears to be spreading more slowly than in other countries, concerns have prompted a suspension of visitors, lockdowns and product shortages.
March 18, 2020 Insight Report Premium 2020 Tax Tracker, Week 6: Average Refund Size Almost Equal to Last YearAs of week six of the US tax refund season, the number of returns processed by the IRS is down marginally year over year, while the total value of tax refunds is almost equal to last year.
March 18, 2020 Deep Dive Premium America’s Changing Shopping Centers: Part 1—Where the Mall Stands NowThe first report in our series America’s Changing Shopping Centers offers a data-rich exploration of where malls stand now. In particular, we look at how the rationalization of mall space has lagged store closures, suggesting a correction could be overdue.
March 18, 2020 Flash Report Register for Free Access Amazon Suspends Inbound Shipments of Non-Essential Products from Marketplace SellersAs the coronavirus outbreak spreads in the US, online has surged as shoppers shun stores and crowded locations. Faced with unprecedented demand, Amazon suspends support for third-party sellers for all but essential items.
March 17, 2020 Flash Report Register for Free Access Amazon Plans To Add 100,000 Workers, Bucking the COVID-19 Employment TrendAs coronavirus angst drives people to hoard toilet paper and shun crowded places (including most retail locations), many in retail may worry about their prospects. But Amazon plans to hire 100,000 people—and give them a raise.
March 17, 2020 Insight Report Premium Consumer Tech Briefing: Technology To Reduce Returns, Enhance Product Listings and Boost Brand EngagementEach month, our Consumer Tech Briefing series discusses recent developments in the world of technology. This month, we focus on digital tools that have been launched recently to provide consumers with a richer, more informed shopping experience both online and in brick-and-mortar stores.
March 17, 2020 Deep Dive Free Report Innovator Intelligence: Can Personalization and Data Privacy Co-Exist?We examine how Anagog is disrupting the personalization market in retail through its smartphone-based AI technology, which enables businesses to make personalized offers based on their customers’ real-world behavior in real time. We also discuss data privacy concerns and growing consumer expectations.
March 16, 2020 Flash Report Register for Free Access Former Home Depot CFO Carol Tomé To Succeed David Abney as UPS CEOUPS has surprised company watchers by appointing the first outsider to serve as CEO. The former Home Depot CFO was credited with deliver huge gains in shareholder value, and now UPS hopes she can do the same for them.
March 16, 2020 Deep Dive Premium US Social Commerce Survey: Instagram, Influencers and ShoppingWe discuss the use of Instagram by US shoppers, as part of our new report series exploring social commerce. Based on findings from a Coresight Research proprietary survey, we explore how often consumers use the photo- and video-sharing social platform to research, discover and buy products across multiple categories. In addition, we consider the impact of Instagram influencers on US social media shoppers.
March 15, 2020 Analyst Corner Register for Free Access Weinswig’s Weekly—March 15, 2020This week’s note “From the Desk of Deborah Weinswig” looks at how discount stores continue to expand as many US retailers shrink their store fleets.
March 13, 2020 Flash Report Register for Free Access Coronavirus Briefing: US Retailers Hit by Both Demand and Supply Chain IssuesUS retailers are assessing the impact of the coronavirus. As US retail companies reported 4Q19 earnings, many noted sharply lower sales in China and outlined the impact of supply-chain disruptions. However, suppressed retail demand in the US market is likely yet to come.
March 13, 2020 Store Tracker Databank Members Weekly US and UK Store Openings and Closures Tracker 2020, Week 11: Art Van Furniture 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 Art Van Furniture, Kroger and Nordstrom in the US and John Lewis Partnership in the UK.
March 12, 2020 Insight Report Premium Xcel Brands x Coresight Research Monthly Fashion Trend Report: March 2020—Top Trends Include Slit Skirts and Tie-Front TopsThe Monthly Fashion Trend Report highlights the top growing and accelerating fashion silhouettes consumers are searching for and provides actionable insights for functional business units. This report looks at what’s happening with slit skirts and tie-front tops.