Event CoverageCoresight Research Innovator Showcase: Five Retail Technology Innovators Compete for Digital Outreach Opportunity Coresight Research February 25, 2021 Reasons to ReadOn February 18, 2021, Coresight Research hosted its Innovator Showcase—an online pitch competition between five retail technology innovators. The innovators competed for the opportunity to host an exclusive webinar with Coresight Research that will support the winner’s outreach to the industry and promote thought leadership. In this free report, we present highlights from the pitches of the five competing companies, as well as from the presentations of three early-stage startups founded during the Covid-19 pandemic, which presented their businesses while the judges deliberated. We also reveal the winner of the pitch competition. This report is available for free and can be accessed by registering for a free account. Click here to watch the on-demand webinar of this event. 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: US Gift Cards Market To Grow in 2021 and Beyond Coresight Research February 25, 2021 Although gift cards have been a significant source of revenue for US retailers for some time, they saw a significant jump in sales in 2020 amid the pandemic-driven shift to online shopping, with the gift cards market seeing year-over-year growth of 9.5%. Coresight Research expects growth to remain robust in 2021 and beyond. Click the image to read more about the topic. This document was generated for
Flash ReportActivist Investors Seek Change at Kohl’s: An Analysis of Metrics and a Benchmark to Industry Coresight Research February 24, 2021 Reasons to ReadAt Kohl’s 2021 annual meeting of shareholders, activist investors issued a letter to shareholders pushing for board changes to increase profitability. Kohl’s officially rebutted this letter on February 22, 2021. In this report, we analyze selected key metrics that the Investor Group identified in its assessment of Kohl’s: revenue and market share; profitability; and sale and leaseback potential. We compare these metrics to largest department store chain in the US and Kohl’s competitor, Macy’s. This report is available for free and can be accessed by registering for a free account. CONTENTS What’s the Story? Activist Investors Seek Change at Kohl’s: An Analysis of Metrics and a Benchmark to Industry Revenue and Market Share Profitability Lease Buyback Potential What We Think 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: UK Retail Sales Decline amid Lockdowns Coresight Research February 24, 2021 In January 2021, total UK retail sales fell for the second consecutive month amid a third national lockdown in England. Nonessential retailers (most nonfood retailers) were forced to close from January 5 (separate lockdowns have been enforced in devolved nations of the Northern Ireland, Scotland and Wales). Supported by the closure of nonessential stores in England from January 5 and similar lockdowns in other UK nations, total online retail sales climbed 75.0% in January after rising by 6% in December. Online sales grew as a percentage of overall retail sales in January to 35.2%. Coresight Research’s monthly reports keep you up to date on US and UK retail sales, US retail traffic and in-store metrics and key global consumer indicators. Click here to view our full collection of Monthly Reports. Click the image to read more about the topic. This document was generated for
Insight ReportUS Retail’s Updated Gift Card Guidelines: Accounting for Breakage and Bankruptcy Coresight Research February 24, 2021 Reasons to ReadUS retailers witnessed a surge in gift cards sales in 2020. We discuss how US retailers account for gift card sales as well as unredeemed gift card balances under the Accounting Standards Codification (ASC) 606 update issued by the Financial Accounting Standards Board (FASB). We also cover retailers’ unused gift card liabilities, including Amazon, Target and Walmart, and how outstanding gift cards are managed in the event of retailer bankruptcies and liquidations. Click here to read our report on key trends impacting the US gifting market. CONTENTS What’s the Story? Why It Matters Gift Card Accounting: In Detail Accounting Entries for Sales and Redemption of Gift Cards Under FASB’s Updated Guidance Accounting Entries for Unredeemed Gift Cards Escheat Law ASC 606 Adoption Timeline Why Was the Overhaul of Financial Reporting Necessary? Gift Card Accounting by Leading US Retailers Retailers’ Liabilities: Bankruptcies and Liquidations 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
Insight ReportJanuary 2021 Monthly Consumer Update: US, UK and China Coresight Research February 24, 2021 Reasons to ReadAnalyzing consumer demand in January 2021, we saw strong retail sales growth in the US, while the UK posted its second consecutive month of decline. China maintained growth momentum in its latest retail sales figures from December. We examine data and assess the overall trends in the US, the UK and China across the following key consumer indicators: Earnings versus inflation Food and fuel prices Retail sales Coresight Research’s monthly reports keep you up to date on US, UK and China retail sales, US retail traffic and in-store metrics, and key global consumer indicators. Click here to view our full collection of Monthly Reports. Complementing our monthly reports, the Coresight Research US Retail Sales Databank brings together retail sales data to help you understand the scale and trajectory of US retail. 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 ReportIndia Retail Insights: India Embraces Social Commerce, Bypassing Traditional E-Commerce Coresight Research February 23, 2021 Reasons to ReadIn this report in our India Retail Insights series, we explore the expanding social commerce segment of e-commerce in India. We discuss the following key points: The size and trajectory of India’s social commerce market Key models and players in India’s social commerce ecosystem—including case examples from Bulbul, DealShare, Instagram and WhatsApp Social commerce funding in India Our insights on why India’s consumer market is uniquely receptive to social commerce Our outlook for the future of social commerce in India Click here to read our outlook report on India’s $800 billion retail sector. For a timeline of key festivals and holidays for promotional campaigns in India, click here. 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: US Consumer Tracker—Where Are High-Income Consumers Cutting Spending? Coresight Research February 23, 2021 We present Three Things You Need To Know on US Consumer Tracker: Where Are High-Income Consumers Cutting Spending? Find the full report here. This document was generated for
Insight ReportThe New Value Retailers: Online Marketplaces Challenge Brick-and-Mortar Budget Formats Coresight Research February 23, 2021 Reasons to ReadThe value retail sector is expanding beyond traditional brick-and-mortar budget formats (including discount variety retailers such as dollar stores) with the emergence of online value marketplaces. E-commerce platforms that have adopted value positionings have seen success over the past few years. We see their growth as presenting challenges to predominantly offline retailers in the value retail sector. We discuss the key e-commerce players in the increasingly competitive global value retail sector. Our focus is on the US, the UK and China. CONTENTS What’s the Story? Why It Matters The New Value Retailers—Online Marketplaces: In Detail Established Online Value Marketplaces: Pinduoduo and Wish Amazon: Low-Priced Third-Party Sellers and Dynamic Pricing Emerging Online Value Marketplaces Online Value Marketplaces Enable the Shift to Value 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
Insight ReportEarnings Insights 4Q20, Week 3: Walmart and CVS Health Remain Strong, While L’Oréal Sees Recovery Coresight Research February 22, 2021 Reasons to ReadOur weekly Earnings Insights reports feature highlights from recent management commentary at major US retailers within our Coresight 100 coverage list, as they report fourth-quarter 2020 earnings. We condense what retail companies are reporting regarding the following key content: Management commentary on demand trends in the fourth quarter (where reported)—including comparable sales growth, details on consumer demand by category or channel, and qualitative insights The impact of the Covid-19 pandemic on recent performance The outlook for demand, as reflected in revenue guidance or more qualitative commentary This week, there are highlights from companies that reported in the week ended February 21, 2021—namely, CVS Health, L’Oréal and Walmart. Read the Earnings Insight 4Q20, Week 2 report here. Click here to read the final report in the Earnings Insights 3Q20 series. 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 ReportUS Consumer Tracker: Where Are High-Income Consumers Cutting Spending? (Select Findings) Coresight Research February 22, 2021 Reasons to ReadThis report provides select findings from Coresight Research’s February 15 survey of US consumers on their behaviors and expectations, with a focus on implications for retailers. This week, we discuss a breakdown of consumer spending across different categories, by household income. This report is available for free and can be accessed by registering for a free account. We highlight selected findings from our weekly survey across three key topics: Consumer spending across different, by income What activities consumers have done in the past two weeks Which retailers consumers bought food and nonfood products from Our full report is available to premium subscribers and includes further findings on shoppers’ current online spending habits and the retailers they shopped at. Click here to view all of our weekly survey reports. 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: Where Are High-Income Consumers Cutting Spending? (Full Report) Coresight Research February 22, 2021 Reasons to ReadCoresight Research’s February 15 survey provides a detailed update on US consumers’ behaviors, concerns and expectations amid the coronavirus crisis, with a focus on the implications for US retail. Our tracker questions cover the following: Consumer spending on food and nonfood categories by income level What product categories respondents had purchased in-store and online in the past two weeks Which retailers respondents had bought food and nonfood products from in the past two weeks What activities respondents have done in the past two weeks Whether respondents are currently avoiding public areas—and which types of places they are avoiding We also present findings and trend data on what consumers are buying more and less of than pre-pandemic. If you do not have a premium subscription, you can access select findings in a complimentary abridged report. Click here to view all of our weekly survey reports. CONTENTS What’s the Story? What Shoppers Are Buying and Which Retailers They Are Buying From What Consumers Bought In-Store and Online Which Retailers Consumers Purchased Food and Nonfood Products From What Shoppers Are Doing and Where They Are Going Consumers Prioritize Socializing, Remain Wary of Public Places More than 86% Avoid Public Places Reviewing Trend Data in Current Purchasing Behavior What Consumers Are Currently Buying More Of and Less Of Where Consumers Are Cutting Spending, by Income Level What We Think Methodology 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 ReportJanuary 2021 UK Retail Sales: Sales Slide Further amid Lockdown Coresight Research February 22, 2021 Reasons to ReadCoresight Research’s monthly reports keep you up to date on US and UK retail sales, US retail traffic and in-store metrics and key global consumer indicators. Click here to view our full collection of Monthly Reports. We review the January 2021 data for UK retail in total and by sector. This report covers the following: The trend in total value and volume retail sales growth over the last 13 months Value sales growth for 20 sectors across food and nonfood retail, for each of the latest three months Growth in online retail sales, by major sector A Covid-19 lockdown timeline 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
Analyst CornerWeinswig’s Weekly: Stimulus Checks Are Benefiting Retail—But Could Be Benefiting It Much More Coresight Research February 21, 2021 Reasons to ReadIn each report in the Weinswig’s Weekly series, Coresight Research CEO and Founder Deborah Weinswig reflects on a topical theme in retail. This week’s note “From the Desk of Deborah Weinswig” discusses the extent to which stimulus checks benefited US retail in January, and whether retail is capturing its “fair share” of consumers’ windfalls. Each report also includes recent retail and technology headlines from Asia, Europe and the US. 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
Insight ReportJanuary 2021 US Retail Traffic and In-Store Metrics: Traffic Declines by 32%, Heading for Gradual Recovery Coresight Research February 19, 2021 Reasons to ReadCoresight Research’s monthly reports keep you up to date on US and UK retail sales, US retail traffic and in-store metrics, and key global consumer indicators. Click here to view our full collection of Monthly Reports. Complementing our monthly reports, the Coresight Research US Retail Sales Databank brings together retail sales data to help you understand the scale and trajectory of US retail. In this report, we assess US retail traffic in January 2021, covering the following: Weekly shopper traffic trends Traffic by retailer vertical Regional traffic trends Traffic by retailer location type 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
