Reasons to Read

This report forms part of our Innovator Profile series, which focuses on emerging technologies that are disrupting traditional retail and fueling innovation across the retail value chain.

In this free report, we profile Savitude, a provider of digital ideation and design solutions that leverages analytics and artificial intelligence (AI) to improve the efficiency of fashion design while enabling designers to continue expressing their creativity.

Coresight Research collaborated with Savitude to offer insights into the company’s business model and offerings.

This report is available for free and can be accessed by registering for a free account.

To learn more about Savitude and the use of AI technology in the shifting design landscape, read our separate Innovator Intelligence report.

Contents

What’s the Story?

Why It Matters

Savitude: In Detail

What Problem Is the Company Solving?

How the Covid-19 Pandemic Has Impacted Business

Case Study

Competitive Advantages

Upcoming Developments

What We Think

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Reasons to Read

This report provides select findings fromCoresight Research’s February 1 survey of US consumers on their behaviors and expectations, with a focus on implications for retailers. This week, we discuss long-term consumer expectations on retention of changed behaviors and what consumers bought in-store and online.

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:

  • Behaviors that consumers expect to retain after the crisis
  • What activities consumers have done over the past two weeks
  • What consumers have bought in-store and online

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.

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Reasons to Read

Coresight Research’s February 1 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:

  • 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
  • The changed behaviors that respondents expect to retain after the pandemic

We also present findings and trend data on shoppers’ current shopping and online spending habits—including what they 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

More Consumers Are Comfortable Returning to Some Regular Activities

Over Eight in 10 Are Currently Avoiding Public Places

Reviewing Trend Data in Current Purchasing Behavior

What Consumers Are Currently Buying More Of and Less Of

Fewer Than Half Expect To Retain Changed Behaviors in the Long Term

What We Think

Methodology

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Reasons to Read

In 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” presents the two biggest multiyear trends that Coresight Research believes will impact retail in 2021: wellness and sustainability.

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.

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Reasons to Read

Our 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, there are highlights from Bloomingdale’s, PGA TOUR Superstore, The Container Store, Toys“R”Us and Tractor Supply Company in the US and Arcadia Group, ASOS, Frasers Group, New Look and Paperchase in the UK.

Click here to view our full collection of Weekly US and UK Store Openings and Closures Trackers.

Complementing our weekly report, the Coresight Research Retail Store 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.

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Reasons to Read

This report is the first in our new, monthly series tracking several major macroeconomic indicators and their likely effect on US retail sales. We analyze the latest available data, as of the end of January 2021.

This report includes discussion of the following 10 indicators:

  1. Unemployment rate
  2. Labor force participation rate
  3. Disposable income
  4. Average hourly wages
  5. Consumer sentiment
  6. Savings rate
  7. Gas prices
  8. Interest rate
  9. Housing starts
  10. Home price index

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.

Contents

What’s the Story?

Why It Matters

Leading Indicators of US Retail Sales: In Detail

Indicators Overview

The Job Market

Income, Savings and Sentiment

Housing

What We Think

Implications for Brands/Retailers

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Reasons to Read

In this Market Outlook, we explore India’s retail sector.

This report covers the following key content:

  • The size and composition of India’s retail market and expectations for growth in 2021—including consumer spending on key retail categories
  • Discussion of market drivers, including pandemic-induced spending behaviors and the country’s population demographics
  • E-commerce penetration in India’s retail market, including comparison with other global markets and pandemic-related shifts

This report also covers a breakdown of India’s top 15 retail companies by revenue, with details on sector, year-over-year growth and market share—including Avenue Supermarts, Flipkart Internet, Reliance Retail and V-Mart Retail.

Click here to view all Coresight Research Market Outlook reports.

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Reasons to Read

Our monthly US Store Tracker Extra report supplements the Weekly US and UK Store Openings and Closures Tracker reports with additional insight, including retailer-level data on square footage and closures and openings as a percentage of total store base.

This report also offers a comparison between year-to-date announced closures and openings at the end of each month in 2021 versus the comparable period in 2020.

Year-to-date data in this report is as of January 29, 2021 (corresponding to week four in our Weekly US and UK Store Openings and Closures Tracker).

Click here to view our full collection of Weekly US and UK Store Openings and Closures Trackers and monthly US Store Tracker Extra reports.

The Coresight Research Retail Store 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.

CONTENTS

Store Tracker Extra: Introduction

2021 Major US Store Closures: Proportion of Store Base and Square Footage

2021 Major US Store Openings: Proportion of Store Base and Square Footage

2021 Versus 2020: A Year-to-Date Comparison

Bankruptcies

Other Major US Closure and Opening Announcements in January 2021

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Reasons to Read

In the US, Valentine’s Day has seen steady growth over the last decade, with a huge increase in spending estimated to have been seen in 2020. This year, Presidents’ Day (February 15, 2021) falls directly after Valentine’s Day (February 14, 2021), giving retailers a long weekend to take advantage of both events simultaneously in the middle of the month.

In this report, we examine the retail opportunities for Valentine’s Day in the US in 2021, using Coresight Research proprietary survey data. We cover the following topics:

  • US Valentine’s Day shoppers’ spending expectations
  • Estimated total spend and average spend on Valentines’ Day over the past decade
  • In-store versus online shopping expectations and popular destinations by retailer type
  • Estimated spending on gifts by recipient
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The US furniture and home-furnishings retail sector had a strong 2020 compared to discretionary retail sectors, supported by significant growth in e-commerce sales.

Coresight Research estimates that e-commerce penetration will grow to almost one-quarter of total sales by 2025.

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Reasons to Read

As part of our E-Commerce Outlook series, we provide an overview of e-commerce development in the US furniture and home-furnishings retail category. We also discuss how e-commerce growth is driving structural shifts within the category, as well as the outlook for the online channel in 2021 and beyond.

Click here to read our E-Commerce Outlook report on the US apparel and footwear market.

CONTENTS

What’s the Story?

E-Commerce Performance and Outlook

Online Market Drivers

Competitive Landscape

E-Commerce Innovators

Themes We Are Watching

What We Think

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Reasons to Read

We review comparable sales growth and e-commerce performance for the US holiday 2020 period. We provide updates for a 13 major UK retailers including Costco, Five Below, Macy’s, Tiffany & Co. and Target. This US Retail Wrap-Up report can help to gauge the scale and shape of demand as we head further into 2021.

Click here to read our UK Retail Wrap-Up report.

Click here to view the 2020 Holiday Recap Event Presentation.

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.

CONTENTS

What’s the Story?

Why It Matters

Holiday Retail Sales: In Detail

What We Think

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Reasons to Read

We present the key global retail and consumer trends for 2021, which fall under five umbrellas: the new consumer; the future of physical retail; the evolution of digital retail; doing good is good business; and discovering new ways of transacting. Our analysts outline their predictions, as well as the details and impacts of each trend on various retail sectors and regions. We summarize our key insights in a graphic for each trend.

This report is available for free and can be accessed by registering for a free account.

Click here to view the corresponding presentation to this report.

Click here to read our 2021 Retail and Technology Outlook, in which Coresight Research’s analysts provide directional outlooks and sector headwinds and tailwinds for 2021 across 10 channels, sectors or markets.

Click here to read our Retail 2021: 10 Trends for China E-Commerce report, in which we discuss how brands and retailers that are targeting the China market could capitalize on the changes we expect to see over the course of the year.

CONTENTS

What’s the Story?

Global Trends in 2021: A Deep Dive

1. The New Consumer

2. The Future of Physical Retail

3. The Evolution of Digital Retail

4. Doing Good Is Good Business

5. Discovering New Ways of Transacting

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Reasons to Read

In our New Retail in China series (formerly New Retail Briefing), we review the latest trends in New Retail, with a focus on major digital platforms and multichannel retail companies in China. We offer insights into recent news, with a focus on digitalization and strategic collaborations.

This month, highlights include Gucci’s launch of a flagship store on Tmall Luxury Pavilion and China’s growing domestic duty-free market, including the opening of JD.com’s first duty-free store, in Hainan province. We also discuss investments in delivery lockers from JD.com, Pinduoduo and Suning.com, given their increase in popularity as last-mile delivery solutions.

The appendix details the last 12 months of New Retail developments in China.

Click here to read the previous report in the New Retail in China series, which discusses Alibaba’s upgrades to the Taobao app content ecosystem and the opening of three Seven Fresh Life stores in Guangzhou in December by JD.com.

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