Store TrackerWeekly US and UK Store Openings and Closures Tracker 2020, Week 52: NIKE Plans To Open 30 Stores Coresight Research December 24, 2020 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 2020 What is happening in retail in the US and UK this week Year-to-date 2020 major US and UK store openings and closures 2021 major US and UK store closures and openings announced to date This week, there are highlights from Guitar Center, NIKE and rue21 in the US and Arcadia Group, Debenhams, Flannels and Gap in the UK. We also discuss quarterly store opening and closure settlements following the release of quarterly company filings this week. Click here to view our full collection of Weekly US and UK Store Openings and Closures Trackers. Complementing our weekly Tracker report, the Coresight Research Retail Store Databank offers our premium subscribers access to openings and closures data from 2012 to 2020 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
Holiday Bites: US Consumers’ Holiday Spending Expectations—Survey Update Coresight Research December 24, 2020 Reasons to ReadOur Holiday Bites series features bitesize information on the shape and scale of consumer demand, retail sales and category performance in the 2020 holiday season. Click here to see more Holiday Bites as well as our in-depth research reports on US holiday retail. Click the image to read more about the topic. A substantial proportion of US consumers expect their total, final holiday spending to be lower than last year. However, some 48% expect their total holiday spending to be less than last year, down five percentage points from 53% last month, due to fewer consumers planning to spend a lot less. Encouragingly, some 15% expect to spend more for the holiday season than last year, up seven percentage points from last month—the highest level we have seen in our weekly surveys since we started asking this question in July. This document was generated for
Event PresentationCoresight Connect: 2021 Global Retail Predictions Coresight Research December 23, 2020 Reasons to Read On December 16, 2020, Coresight Research hosted a Coresight Connect webinar to introduce our global retail trend predictions for 2021, as the retail industry seeks to understand the post-crisis future for consumer behavior and as many hard-hit retailers look for growth opportunities. This presentation covers the following topics: The prospects for high-growth retail channels, from livestreaming to online grocery The coming shifts in logistics, new retail models and brick-and-mortar retail Emerging category opportunities, from adaptive apparel to CBD The multiyear consumer shifts underlying expected developments in 2021 Click HERE to watch the video recording of this webinar. 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 DiveChinese Outbound Tourists Survey 2020: Understanding Covid-19’s Impact on Travel into 2021 Coresight Research December 23, 2020 Reasons to ReadThis report details the results of our sixth annual survey of Chinese overseas tourists’ travel, spending behavior and preferences, against the backdrop of the Covid-19 pandemic. We expect the impact of the pandemic to continue to impact travel into 2021, with 72.2% of Chinese tourists reporting that the pandemic will change how they travel after 2020. Our proprietary analysis of Chinese tourists’ travel intentions and attitudes, including how they expect the pandemic to change their travel decisions, destinations and spending, informs retailers globally in preparing for the year ahead. CONTENTS What’s the Story? Why It Matters Survey Methodology Chinese Outbound Tourists Survey 2020 Key Survey Findings The Impact of Covid-19 Travel Plans from the Last Year Future Travel Spending and Shopping on Future Trips Retail and Services Luxury Goods Looking Back on Recent Trips Destinations Spending What We Think Implications for Brands/Retailers Click here to read our Chinese outbound tourist survey from 2019. 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 Dive3Q20 US Earnings Season Wrap-Up: Discretionary Sectors Regain Momentum Coresight Research December 23, 2020 Reasons to ReadThis report offers analysis of the third-quarter 2020 earnings of Coresight 100 companies mostly based in the US. We assess the recent performance of selected retailers, brands, e-commerce platforms and REITs in terms of revenues, earnings per share and comps, considering consensus estimates and year-over-year changes. We discuss companies across a number of sectors: Apparel and footwear brand owners—Guess?, Hanesbrands, NIKE, PVH Corp. and VF Corporation Apparel specialty retailers—American Eagle Outfitters, Burlington Stores, Dick’s Sporting Goods, Foot Locker, L Brands, Lululemon Athletica, Ross Stores, The Gap Inc., The TJX Companies and Urban Outfitters Online apparel retailers—Stitch Fix Beauty brands and retailers—Coty, Estée Lauder and Ulta Beauty Department stores—Kohl’s, Macy’s and Nordstrom E-commerce platforms—Alibaba, Amazon, eBay, Farfetch, JD.com and The RealReal Electronics retailers—Best Buy Food, drug and mass retailers—Big Lots, BJ’s Wholesale Club, Costco, CVS Health, Dollar General, Dollar Tree, Five Below, Grocery Outlet, Kroger, Ollie’s Bargain Outlet, Target, Walgreens Boots Alliance and Walmart Home and home-improvement retailers—Lowe’s, RH, The Home Depot, Tractor Supply, Wayfair and Williams-Sonoma Luxury companies—Canada Goose, Capri Holdings, Ralph Lauren, Tapestry and Tiffany & Co. REITs—Brookfield Property Partners, Macerich Company, Simon Property Group, Taubman Centers and Unibail-Rodamco-Westfield Click here to read the 2Q20 US Earnings Season Wrap-Up. In addition, 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. 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
Holiday Bites: US Consumers’ Holiday Shopping Expectations—Survey Update Coresight Research December 23, 2020 Reasons to ReadOur Holiday Bites series features bitesize information on the shape and scale of consumer demand, retail sales and category performance in the 2020 holiday season. Click here to see more Holiday Bites as well as our in-depth research reports on US holiday retail. Click the image to read more about the topic. Some 31.2% of holiday shoppers have shopped or are shopping from fewer stores to reduce their trips to brick-and-mortar locations, benefiting formats such as mass merchandisers and warehouse clubs that offer multi-category and multibrand products. Three in 10 holiday shoppers have switched or are switching some or all of their holiday spending from stores to e-commerce. We have seen a very gradual uptick in the adoption of curbside and in-store pickup services. This document was generated for
Insight ReportBeauty Insights: An Analysis of Kohl’s and Sephora vs. Target and Ulta Beauty Partnerships—Which Retailers Win? Coresight Research December 22, 2020 Reasons to ReadRecently, the two biggest beauty retailers in the US, Sephora and Ulta Beauty, announced partnerships with Kohl’s and Target, respectively. We look at the benefits that the partnerships offer each retailer and analyze which retailers are set to gain the most. This report is part of our Beauty Insights series, which explores prominent or emerging themes and trends in the global beauty market. Click here to read the previous report in the series, in which we discuss beauty brands’ and retailers’ performance during the Singles’ Day 2020 shopping festival, in partnership with CEW. CONTENTS What’s the Story? Why It Matters Beauty Partnerships: In Detail • An Overview of the Retailers: Kohl’s, Sephora, Target and Ulta Beauty • An Overview of the Partnerships • Benefits to the Beauty Retailers • Sephora: Expanding Off-Mall Physical Footprint • Ulta Beauty: Leveraging Target’s Status and Supply Chain • Access to New Customers—New to the Brands and New to Prestige Makeup • Benefits to Kohl’s and Target • Kohl’s: Beauty Category Growth • Access to Beauty Loyalty-Program Members • Increased Store Traffic 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
Holiday Bites: Top Five US Retailers by Biggest Holiday Hiring Plans 2020 Coresight Research December 22, 2020 Reasons to ReadOur Holiday Bites series features bitesize information on the shape and scale of consumer demand, retail sales and category performance in the 2020 holiday season. Click here to see more Holiday Bites as well as our in-depth research reports on US holiday retail. Click the image to read more about the topic. Against the backdrop of ongoing health risks, growing e-commerce trends and rampant retail bankruptcies, holiday hiring patterns this season underwent a radical transformation. On a comparable basis, Coresight Research had tracked a 19.8% year-over-year decline in total holiday hiring by retailers and allied sectors such as logistics companies that have announced hiring plans this year. Department stores drove the bulk of the decline, with Macy’s cutting seasonal hires to a little below 38,000 this year from 80,000 in 2019. This document was generated for
Insight ReportNovember 2020 Monthly Consumer Update: US, UK and China Coresight Research December 22, 2020 Reasons to ReadAnalyzing consumer demand in November 2020, we saw strong retail sales growth in the US, while the UK maintained growth momentum and China reported a positive increase in retail sales for the fourth consecutive month. We also consider wage growth and food and fuel prices in these three markets. 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 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. 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 ReportNew Retail Briefing: Alibaba Upgrades Its Taobao Content Ecosystem Coresight Research December 22, 2020 Reasons to ReadThis report is part of a monthly series in which we discuss developments in China under the banner of “New Retail.” We offer insights into recent news, with a focus on digitalization and strategic collaborations. This month, highlights include Alibaba’s upgrades to the Taobao app content ecosystem and the opening of three Seven Fresh Life stores in Guangzhou between December 18 and 25 by JD.com. We also discuss Alibaba’s investment in the community-group buying platform “Nice Tuan”. The appendix details the last 12 months of New Retail developments in China. Click here to read the previous report in the New Retail Briefing series, which discusses Alibaba’s investment to increase its stake in domestic hypermarket Sun Art Retail and become the controlling shareholder. 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 Survey Update: Online Apparel Shopping Continues To Gain Momentum Heading Into Christmas (Select Findings) Coresight Research December 21, 2020 Reasons to ReadThis report provides select findings from Coresight Research’s December 15 survey of US consumers on their behaviors and expectations, with a focus on implications for retailers. This week, we discuss what shoppers are doing and where they are going as we head into the holiday peak. 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: The continued momentum of apparel shopping, both online and in-store Whether respondents are currently avoiding public areas or travel—and which types of places or travel they are avoiding Whether consumers expect to retain changed behaviors from the Covid-19 crisis in the long term—and if so, which behaviors Our full report is available to premium subscribers and includes further findings on shoppers’ current online spending habits and the activities they expect to do in the next two weeks. Click here to view additional coverage of the impact of Covid-19 on retail, which includes US consumer survey findings from previous weeks. 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
Deep DiveUS Survey Update: Online Apparel Shopping Continues To Gain Momentum Heading Into Christmas (Full Report) Coresight Research December 21, 2020 Reasons to ReadCoresight Research’s December 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. This week, we discuss what shoppers are doing and where they are going as we head into the holiday peak, covering the following: What activities respondents have done in the past two weeks and what they expect to do in the next two weeks Whether respondents are currently avoiding public areas or travel—and which types of places or travel they are avoiding We also present findings and trend data on shoppers’ current online spending habits and whether they expect to retain changed behaviors from the Covid-19 crisis in the long term. If you do not have a premium subscription, you can access select findings in a complimentary abridged report. Click here to view additional coverage of the impact of Covid-19 on retail, which includes US consumer survey findings from previous weeks. CONTENTS What’s the Story? What Shoppers Are Doing and Where They Are Going More Consumers Had Bought Apparel Online and In-Store in the Past Two Weeks Slightly More Consumers Expect to Go on A Trip than Actual Behavior Indicates 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 Over Seven In 10 Are Switching Spending Online What Consumers Are Currently Buying More Of Online Almost Half Expect to Retain Changed Behaviors over the Long Term 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
Question of the WeekWhat Is the Breakdown of Online Sales by Category in the US Digitally Native DTC Apparel and Footwear Market? Coresight Research December 21, 2020 QUESTION OF THE WEEK: What Is the Breakdown of Online Sales by Category in the US Digitally Native DTC Apparel and Footwear Market? Online sales of digitally native apparel and footwear brands will total just over $6 billion in 2020, accounting for 2.2% of estimated overall US apparel and footwear consumer spending ($270.9 billion), according to Fung Business Intelligence and Coresight Research. Click the image to read more about the topic. This document was generated for
Analyst CornerWeinswig’s Weekly: Renewed Lockdowns Come at a Crucial Time for Retail Coresight Research December 20, 2020 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 impact of renewed Covid-19 lockdowns on retail globally. 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 ReportNovember 2020 UK Retail Sales: Total Sales Jump 7.6% Despite Lockdown Restrictions Coresight Research December 18, 2020 Reasons to ReadNovember saw a solid year-over-year increase in UK retail sales, supported by strength in e-commerce amid a four-week national Covid-19 lockdown. We review the monthly data for UK retail in total and by sector: We chart the trend in total value and volume retail sales growth over the last 13 months. We show value sales growth for 20 sectors across food and nonfood retail, for each of the latest three months. We discuss growth in online retail sales, by major sector. We present a Covid-19 lockdown timeline. 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. 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
