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. 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. 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
Store TrackerWeekly US and UK Store Openings and Closures Tracker 2020, Week 51: First Look at 2021 Closures Coresight Research December 18, 2020 Reasons to ReadOur Weekly US and UK Store Openings and Closures Tracker reports on store closures, openings and bankruptcies. This week, 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 Designer Brands in the US and Frasers Group 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 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
Insight ReportNovember 2020 US Retail Sales: Total Growth Remains Very Strong Coresight Research December 18, 2020 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. Using data from the US Census Bureau, we look at which retail sectors saw sales surge and which did not do well in November 2020. This report covers the following: US total retail sales excluding gasoline and automobiles—year-over-year change US total retail sales including gasoline and automobiles—year-over-year change Retail sales growth by sector 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 ReportThe US Outdoor Apparel and Footwear Market: Strong Growth Opportunities for Brands and Retailers Coresight Research December 17, 2020 Reasons to ReadThe stay-at-home measures imposed in the US due to the Covid-19 pandemic have seen more consumers place higher value on outdoor activities in recent months. The outdoor apparel and footwear industry is set to benefit from strong demand moving forward. We discuss the opportunities that this niche market presents to brands and retailers, covering its growth potential, key drivers of growth and competitive landscape. Companies featured in this report include Big 5 Sporting Goods, Deckers Outdoor Corporation, Dick’s Sporting Goods and The North Face (VF Corporation). Content What’s the Story? Why It Matters US Outdoor Apparel and Footwear Market: In Detail Our Estimates for 2020 Outlook for 2021 Key Growth Drivers Competitive Landscape The Impact of Covid-19 Recent Innovations in the Outdoor Apparel and Footwear Market What We Think The Way Ahead Implications for Brands and 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 ReportThe 12 Weeks of Holidays: #12—Five Notable Things We Have Seen in US Retail This Holiday Season Coresight Research December 17, 2020 Reasons to ReadThis report concludes The 12 Weeks of Holidays series, in which we have presented key data, trends and observations in the countdown to the peak holiday season. In this report, we discuss five key trends that we have seen this holiday season in US retail, spanning hiring to online grocery growth to last-mile delivery. Click here to read the previous report in the 12 Weeks of Holidays series, which presents our expectations for a digital December and analyzes the implications for US retailers. Click here to read all Coresight Research coverage of US holiday retail. CONTENTS What’s the Story? Why It Matters Five Things We Have Seen This Holiday Season: In Detail Holiday Hiring Slides by 20% Online Grocery Reaccelerates Retailers Owning Last-Mile Delivery Have the Upper Hand Retailers Simulate Brick-and-Mortar Holiday Shopping Experiences with Virtual Stores Retailers Digitally Enhance In-Store and Curbside Pickup 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: Selected US Retailers: Increased Fulfillment Capacity Coresight Research December 17, 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. Retailers have been making investments to boost fulfillment capabilities and increase capacity, including building new distribution centers or adding functionality to existing centers. Retailers are also using retail stores as fulfillment centers, leveraging in-store inventory to ship to consumers. Both of these supply chain investments take months to execute across national retail chains, so the retailers that have already been strategically investing in these capabilities are best positioned in the near term. This document was generated for
