Insight ReportWholesale vs. DTC: Implications for US Department Stores as Apparel Brands Go Direct Coresight Research July 9, 2021 Reasons to ReadDepartment stores have traditionally relied on the wholesale model to sell brands. This is now changing due to a rise in digital sales, brands choosing to sell through their own channels and a rise in direct-to-consumer (DTC) brands. We explore these interconnected factors and their implications for US department stores. We analyze the selling models of major retailers Kohl’s, Macy’s and Nordstrom. For more on DTC vs. wholesale across multiple retail sectors, read Coresight Research’s Strategies for Brands and Retailers To Go Direct report. We present further insights about the future model of US department stores in our separate deep dive. See our Market Outlook: US Department Stores report for more on the current state of US department store retail and opportunities in the market. Contents (Click to navigate) What’s the Story? Why It Matters A Shift in Selling Models: Three Influencing Factors DTC vs. Wholesale: A Retailer’s Perspective DTC vs. Wholesale: An Analysis of Major US Department Stores The Shift to DTC: Three Implications for US Department Stores What We Think Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for
Store TrackerWeekly US and UK Store Openings and Closures Tracker 2021, Week 27: US Store Openings Up 45% Year over Year Coresight Research July 9, 2021 Reasons to ReadOur Weekly US and UK Store Openings and Closures Tracker reports on store closures, openings and bankruptcies. We cover: A week-by-week comparison of store openings and closures in the US and UK year to date in 2021 What is happening in retail in the US and UK this week Year-to-date 2021 major US and UK store openings and closures This week, highlights include updates from Market Basket, Rally House and Torrid in the US and Hema, Wickes and Zara in the UK. We also discuss quarterly store opening and closure settlements following the release of quarterly company filings this week from Rite Aid. Click here to view our full collection of Weekly US and UK Store Openings and Closures Tracker reports. Complementing our weekly report, the Coresight Research US Store Tracker Databank offers our premium subscribers access to openings and closures data from 2012 to 2021 year to date, filterable by sector and year. Click here to view. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for
Deep DiveHong Kong’s Grocery Market: Discount Chains Are Building Their Shares Coresight Research July 9, 2021 Reasons to ReadHong Kong, with its 7.5 million-strong population, has a very high daily demand for groceries and household necessities. This report reviews the Hong Kong grocery market, introducing the two biggest supermarket chains, Wellcome and ParknShop, as well as relatively new entrants 759 Store and Best Mart 360°. We first published this report in November 2018; this is an update as of July 2021. Contents (Click to navigate) What’s the Story? Hong Kong Grocery Market: A Deep Dive Hong Kong Grocer Market Overview The Two Giants and Their Duopoly 759 Store Emerges To Compete with the Supermarket Giants Best Mart 360° Joins To Heat Up the Competition What We Think Implications for Brands/Retailers Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for
Deep DiveWholesale vs. DTC: Strategies for Brands and Retailers Coresight Research July 8, 2021 Reasons to ReadSelling directly to consumers is becoming an increasingly important channel for both new and existing brands. In this report, we compare the wholesale and direct-to-consumer (DTC) sales channels and cover a landscape of brands that are pivoting toward a DTC approach. We also present a playbook for brands and retailers to improve their wholesale and DTC strategies, including alternative wholesale approaches. For more on the impact of DTC on multibrand retailers, see our counterpart report Wholesale vs. DTC: Implications for US Department Stores as Apparel Brands Go Direct. Contents (Click to navigate) What’s the Story? Why It Matters DTC vs. Wholesale: A Deep Dive Advantages and Disadvantages of Wholesale and DTC Brands Pivoting Toward DTC A Playbook on Wholesale and DTC Models What We Think Implications for Brands Implications for Wholesale Channel Players Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for
Event CoverageCoresight Research x Newmine: Tackling Returns Ahead of Holiday 2021—Technology-Driven Strategies To Protect the Bottom Line Coresight Research July 8, 2021 Reasons to ReadOn June 29, 2021, Coresight Research hosted a panel discussion with technology innovator Newmine, to discuss how e-commerce retailers can address the surge in product returns in the aftermath of 2020’s e-commerce boom. In this report, we present three key insights from the event: Returns have recently become a key focus for e-commerce retailers: According to the NRF (National Retail Federation), the US returns rate for online purchases ballooned to 18.1% in 2020, far above the overall retail industry rate of 10.6%. E-commerce retailers are investing in new technologies such as augmented reality (AR) to guide consumer expectations and minimize returns. As consumers become more environmentally-conscious, retailers have an additional incentive to improve their reverse logistics. Watch the full webinar on demand on our website. Read more about the hidden costs of retail returns in our separate report, part of Coresight Research’s Sustainability Insights series. This report is available for free and can be accessed by registering for a free account. Please Login to read the full report. Not a member? To access this content for free, register for a free account. This document was generated for
Free Data GraphicCoresight Bites: Pandemic-Driven Growth Momentum in the US Hyperlocal Delivery Space Coresight Research July 8, 2021 Coresight Bites provide free snapshots of Coresight Research data and findings. Subscribers can access the full research here. To find out how to subscribe, click here. Demand for hyperlocal delivery has exploded during the pandemic in the US. We believe that providers of such services have staying power as consumers increasingly expect, and rely on, quick and convenient grocery delivery. Target-owned Shipt saw sales growth of more than 300% in fiscal 2021. Last year, the delivery provider added retailers outside its core grocery space, including Bed, Bath & Beyond, buybuy Baby, Office Depot and Party City. Click the image below to read more about the US hyperlocal delivery space, including three key market trends and the impacts of challenges for brands and retailers. This document was generated for
Insight ReportGender-Free Products: A Growing Market Opportunity Coresight Research July 8, 2021 Reasons to ReadDiverse representation across gender identification is driving growth in retail categories including apparel and footwear, accessories and beauty. We discuss the emergence and evolution of the gender-free product category, highlighting four key growth drivers. We also explore opportunities for brands and retailers to extend inclusivity through the gender-free category and appeal to a wide consumer base. Look out for our upcoming Playbook on inclusivity in retail. Click here to read a preview of the report. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for
Insight ReportCan Wayfair Sustain Its Newfound Profitability? Coresight Research July 7, 2021 Reasons to ReadOnline furniture retailer Wayfair was one of US retail’s winners during the Covid-19 pandemic, achieving profitability in 2020 for the first time since its 2014 IPO. As pandemic-driven tailwinds fade and US retail recovers from the pandemic, we discuss whether Wayfair will maintain its newfound profitability. We analyze Wayfair’s prospects in key areas: Sector-wide tailwinds, including pandemic-driven migration from cities to suburbs The resilience of Wayfair’s global supply chain following its recent investments How US demographic shifts are affecting Wayfair’s customer base The all-important metric of repeat orders and customer loyalty Click here to read more Coresight Research coverage of Wayfair. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for
Insight ReportDemand Forecasting Software: Helping Retailers Anticipate and Adapt to Consumer Shifts Coresight Research July 7, 2021 Reasons to ReadSignificant shifts in consumer demand have presented challenges for retailers in the past year—and consumer behavior continues to change through pandemic recovery 2021. Demand forecasting is therefore essential in today’s retail environment. In this report, we discuss the need for demand forecasting software and the solutions offered by Impact Analytics, a Coresight Research innovator client. For more on demand forecasting in the supply chain, read our separate deep dive. Look out for our upcoming series, The New Age of Customer-First Supply Chains, which covers intelligent demand forecasting as a pillar for building a resilient and profitable supply chain. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for
Market Navigators/Market OutlookMarket Outlook: US and China E-Commerce—Platforms Likely To Adjust to a Changing Product Mix Coresight Research July 7, 2021 Reasons to ReadIn this Market Outlook, we explore how the e-commerce market in the US and China has been impacted by the Covid-19 pandemic and provide an outlook for the sector moving forward. We discuss the key drivers of e-commerce growth, as well as the market’s competitive landscape, M&A activity, retail innovators and themes we are watching in 2021 and beyond—covering online grocery demand, increased traction in luxury e-commerce, livestream shopping experiences and advances in logistics and returns. Click here to read more Coresight Research Market Outlook reports. Contents (Click to navigate) What’s the Story? Market Performance and Outlook Market Drivers Competitive Landscape M&A Activity Retail Innovators Themes We Are Watching 1. Online Grocery Demand 2. Increased Traction in Luxury E-Commerce 3. Livestream Shopping Experiences 4. Advances in Logistics and Returns What We Think Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for
Free Data GraphicThree Things You Need To Know: Market Outlook—US Grocery Retailers Coresight Research July 6, 2021 Our Three Things You Need To Know series provides free snapshots of Coresight Research data and findings. Subscribers can access the full research behind this graphic here. To find out how to subscribe, click here. The US grocery market had a strong 2020 compared to discretionary sectors, supported by significant e-commerce spending growth. In our Market Outlook report, we examine the size and trajectory of the US grocery market and key factors impacting growth. We also cover the performance and outlook for online grocery, as well as the market’s competitive landscape, retail innovators and themes we are watching in 2021 and beyond. Click the image below to read the full Market Outlook report. This document was generated for
Insight ReportCapri Holdings Investor Day 2021: Raised FY22 Guidance and Longer-Term Outlook as Luxury Sales Gain Momentum Coresight Research July 6, 2021 Reasons to ReadThe Coresight Research team attended Capri Holdings’ virtual Investor Day on June 29, 2021. We present our key insights in this report, covering the company’s five strategic pillars and its revised financial outlook for fiscal 2022, ending April 2022. We also discuss the company’s primary initiatives by brand—across Jimmy Choo, Michael Kors and Versace—under four categories: Communication Product Omnichannel Regional Click here to read more Coresight Research coverage of Capri Holdings Limited. Contents (Click to navigate) What’s the Story? Capri Holdings Investor Day 2021: Key Insights Five Strategic Pillars Raised Guidance for FY22, Prompted by Greater Clarity and Global Sales Momentum Primary Initiatives, by Brand Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for
Deep DiveUS Consumer Tracker: Sustained Strength in Big-Ticket Retail Coresight Research July 6, 2021 Reasons to ReadCoresight Research’s June 28 survey provides a detailed update on US consumers’ behaviors and expectations, with a focus on the implications for US retail. Our US Consumer Tracker covers the following: What consumers are doing and where they are going—including avoidance of public places What consumers are buying and which retailers they are buying from Complementing our weekly survey reports, our US Consumer Tracker Extra monthly series offers additional insight, including long-term consumer trends and a detailed analysis of where current trends will lead in the coming months. Click here to view our full collection of US Consumer Tracker and US Consumer Tracker Extra reports. Premium subscribers can also access data from our weekly surveys in our US Consumer Tracker Databank. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for
Flash ReportUK’s Fourth-Largest Grocer, Morrisons, To Go Private in $13.1 Billion Deal Coresight Research July 5, 2021 Reasons to ReadOn July 3, 2021, Morrisons agreed to be acquired by a group of private equity investors, led by Fortress Group. We outline the details and consider what it means for the company and the UK grocery sector. This report is available for free and can be accessed by registering for a free account. Please Login to read the full report. Not a member? To access this content for free, register for a free account. This document was generated for
Free Data GraphicCoresight Bites: Will Dress Wear See a Revival in the US? Coresight Research July 5, 2021 Coresight Bites provide free snapshots of Coresight Research data and findings. Subscribers can access the full research here. To find out how to subscribe, click here. The increasing vaccination rollout and easing of lockdown restrictions will drive the US dress wear market in 2021, prompting spending on dressy and formal clothes. We expect demand to increase as consumers refresh their work wardrobes ahead of returning to the office, with companies such as Google and Amazon taking steps to allow employees to go back to their workplaces. Click the image below to read more about the topic. This document was generated for
