Insight ReportThe 12 Weeks of Holidays: #9—Warmer Weather Expected for the Thanksgiving-Black Friday Holiday Weekend Coresight Research November 24, 2020 Reasons to ReadThis report is part of The 12 Weeks of Holidays series, in which we present key data, trends and observations as we count down to the peak holiday season. In this report, we explore how the weather this holiday season will affect consumer demand in US retail. We discuss the following key topics: The significance of weather analytics in demand forecasting, as well as inventory and assortment optimization A comparison of the weather forecasts for November and December this year compared to last year, including implications for retailers The impact of the forecast for November (including the weekend of Thanksgiving and Black Friday) on weather-driven demand Expected weather-driven demand for selected items, such as cold-weather apparel and hot foods, across specific US locations The implications of the forecast for December on demand for weather-related items Click here to read the previous report in the 12 Weeks of Holidays series, which explores how US beauty brands and retailers are preparing for the holiday shopping season. Click here to read all Coresight Research coverage of US holiday 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
Question of the WeekWhat Key Strategies Did New Entrants Adopt for Singles’ Day 2020? Coresight Research November 23, 2020 QUESTION OF THE WEEK: What Key Strategies Did New Entrants Adopt for Singles’ Day 2020? During Singles’ Day 2020, we observed new entrants to the shopping festival adopt a number of strategies for China market entry or expansion, across different sectors. These include exclusive product launches, 3D online experiences and a focus on telling brand stories. This document was generated for
Insight ReportOctober 2020 UK Retail Sales: Total Sales Jump 8% Ahead of Second Lockdown Coresight Research November 23, 2020 Reasons to ReadOctober was the sixth consecutive month of growth momentum in UK retail sales, supported by strength at health and beauty retailers and in the DIY and hardware sector. 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. With England having entered a second Covid-19 lockdown on November 5, we expect the strong growth momentum of UK retail sales to come to an end. 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
Insight ReportEarnings Insights 3Q20, Week 3: Off-Pricers See Strong Improvement, but Department Stores Remain Badly Hit; Sales Surge in Home Improvement Coresight Research November 23, 2020 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 third-quarter 2020 earnings. We condense what retail companies are reporting regarding the following key content, with a focus on the impact of the coronavirus crisis: Management commentary on demand trends in the third quarter (where reported)—including comparable sales growth, details on consumer demand by category or channel, and qualitative insights The strength of e-commerce 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 November 22, namely BJ’s Wholesale Club, Home Depot, Kohl’s, L Brands, Lowe’s, Macy’s, Ross Stores, Target, The TJX Companies and Walmart.. Read the Earnings Insight 3Q20, Week 2 report here. Click here to read our wrap-up report for second-quarter 2020 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: Product Returns amid the Pandemic (Select Findings) Coresight Research November 23, 2020 Reasons to ReadThis report provides select findings from Coresight Research’s November 10 survey of US consumers on their behaviors and expectations, with a focus on implications for retailers. This week, we discuss consumer attitudes toward product returns amid the pandemic and for the 2020 holiday season. 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 preferences for product returns—whether in-store or online—amid the pandemic Consumer expectations for post-holiday returns The sustained penetration of e-commerce Our full report is available to premium subscribers and includes further findings on 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 Whether respondents are buying more or less of any retail categories as a result of Covid-19 and, if so, which types of products Whether US shoppers are making more purchases online during the coronavirus pandemic and, if so, which categories Our latest research provides an update to our previous reports, which were based on surveys undertaken on November 10, November 3, October 27, October 20, October 13, October 6, September 29, September 22, September 15, September 9, September 2, August 26, August 19, August 12, August 5, July 29, July 22, July 15, July 8, July 1, June 24, June 17, June 10, June 3, May 27, May 20, May 13, May 6, April 29, April 22, April 15, April 8, April 1, March 25 and March 17–18. In addition to our US consumer surveys, Coresight Research is publishing ongoing coverage on the coronavirus pandemic, which can be accessed here. This document was generated for
Deep DiveUS Survey Update: Product Returns amid the Pandemic (Full Report) Coresight Research November 23, 2020 Reasons to ReadCoresight Research’s November 17 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 focus on consumer attitudes toward product returns. Our findings cover the following: Whether respondents had returned any unwanted purchases in the past 12 months—and if so, in which product categories Consumer preferences for product returns—whether in-store or online—amid the pandemic Consumer expectations for post-holiday returns We also discuss a number of survey findings on consumers’ current and expected behaviors, as well as trended data on spending/shopping: 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 Whether respondents are buying more or less of any retail categories as a result of Covid-19 and, if so, which types of products Whether US shoppers are making more purchases online during the coronavirus pandemic and, if so, which categories The findings provide an update to our previous reports, which were based on surveys undertaken on November 10, November 3, October 27, October 20, October 13, October 6, September 29, September 22, September 15, September 9, September 2, August 26, August 19, August 12, August 5, July 29, July 22, July 15, July 8, July 1, June 24, June 17, June 10, June 3, May 27, May 20, May 13, May 6, April 29, April 22, April 15, April 8, April 1, March 25 and March 17–18. 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. 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: Holiday 2020—Let the Shopping Begin! (Actually, It Already Has) Coresight Research November 22, 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 retailer and consumer creativity for the holiday shopping season. 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
Store TrackerWeekly US and UK Store Openings and Closures Tracker 2020, Week 47: Ascena To Close All Justice Stores and Francesca’s To Close Over 100 Stores Coresight Research November 20, 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 2020 major US retail bankruptcies New non-store-closure news This week, there are highlights from Ascena Retail Group, Francesca’s and Herman Miller in the US and Poundland and WHSmith 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
Insight ReportSingles’ Day 2020: Analyzing New Retail Strategies Coresight Research November 20, 2020 Reasons to ReadStarted as an online-only shopping festival, Singles’ Day has been shifting toward an omnichannel presence, leveraging Alibaba’s concept of “New Retail” to extend the event to offline retail. In this report, we discuss three key New Retail strategies that brands and Alibaba’s Tmall platform launched for this year’s Double 11: Offline experiential events—such as pop-up shops, with examples from Midea and Panasonic 3D virtual showrooms—including the Tmall 3D Mall for home-furnishing brands Online coupons Read our New Retail Briefing series to keep up to date with recent developments in New Retail in China and Beyond. Click here to read more about Singles’ Day 2020, as well as further Coresight Research coverage of past Singles’ Day events. 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
Three Things You Need To Know: US Home and Home-Improvement Retail—Post-Crisis Outlook—Fall 2020 Update Coresight Research November 19, 2020 We present Three Things You Need To Know on US Home and Home-Improvement Retail: Post-Crisis Outlook—Fall 2020 Update. Find the full report here. This document was generated for
Insight ReportKey Festivals and Holidays for Promotional Campaigns in India in 2021: Calendar Coresight Research November 19, 2020 Reasons to ReadThe retail calendar in India sees a number of festivals and holidays that retailers and brands can tap with marketing and promotional campaigns. Use our 2021 calendar to plan your marketing and sales strategies for the India market. 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 DiveHow Retailers Can Use Prescriptive Analytics/AI To Improve Customer Satisfaction Coresight Research November 19, 2020 Reasons to ReadRetailers are missing out on opportunities to improve customer satisfaction, and thus revenue, that are easily within reach. Customer satisfaction benefits current revenues as well as future revenues, driving return visits plus visits based on reviews and opinions shared among consumers directly and via social media. This report explores how the use of analytics and AI (artificial intelligence) can positively impact retailers in the following ways: Avoid out-of-stocks, pricing inconsistencies and quality issues, which are among the top customer reasons for leaving a store without making a purchase Manage multiple fulfillment options—such as curbside pickup, in-store purchases and home deliveries—which all affect customer satisfaction Improve operational efficacy in many areas, which correlates directly to consumer satisfaction Enhance revenues, reduce costs, improve customer loyalty and drive greater efficiency This report details how retailers can benefit from prescriptive-analytics platforms, which employ AI/machine learning plus other analytical methods, to improve customer satisfaction while enhancing revenues and margins. This free report is sponsored by Zebra Technologies. Non-subscribers can access the report by completing the form on this page. Click here to read more about how prescriptive analytics can address current retail challenges. 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 ReportSingles’ Day 2020: Analyzing New Entrants Coresight Research November 19, 2020 Reasons to ReadAs part of our coverage of Singles’ Day 2020, we explore new entrants on Alibaba’s Tmall platform and their approach to leveraging the shopping festival for China market entry or expansion. This report covers key strategies adopted by new entrants across different sectors, across the following topics: How beauty entrants Dior Beauty and Too Faced Cosmetics leveraged social media for their first Singles’ Day Launches of exclusive products by luxury brands, including Balenciaga and Piaget How new Tmall entrants in the home-furnishing sector branched out to host 3D online showrooms through their Tmall stores, such as IKEA The focus on brand stories among apparel retailers launching on Tmall, including Coppolella and Totême Exciting merchandise offers from cultural and entertainment companies looking to capitalize on Singles’ Day Debuts on Tmall Global for Pitch Fest winners, such as Uncle Bud’s We also present insights into learnings from Singles’ Day 2020 for future shopping festivals and opportunities in online retail in China. Click here for all Coresight Research coverage of Singles’ Day 2020 and past Singles’ Day events. 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 ReportSingles’ Day 2020: Alibaba and JD.com Record $115 Billion in Sales Coresight Research November 19, 2020 Reasons to ReadAs the world’s largest online global shopping festival, Singles’ Day presents an exciting sales opportunity for brands and retailers. We discuss the Singles’ Day sales performance of China’s leading e-commerce players. This report covers the following: Comparison of sales performance for Alibaba and JD.com—including market share and year-over-year change in GMV The impact of changes to the length of the shopping festival on sales data The highest-performing brand on Alibaba’s Tmall—including the dominance of international brands in top 10 rankings across multiple categories, such as Apple, Casio and NIKE Consumer shopping patterns—including high demand in beauty and electronics categories Key themes from this year’s festival, such as delivery capacity and new product launches We also present the implications for brands and retailers, with learnings that can be applied to the China market and shopping festivals in particular, as well as to year-round sales strategies. Click here to read more about Singles’ Day 2020, as well as further Coresight Research coverage of past Singles’ Day events. 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 DiveSingles’ Day 2020: Analyzing Merchants’ Marketing Campaigns Coresight Research November 18, 2020 Reasons to ReadAs part of our coverage of Singles’ Day 2020, we review the marketing campaigns that various brands and retailers launched on Alibaba’s Tmall platform to encourage consumer spending during the shopping festival. This report covers three key themes across promotional strategies: Financial incentives—including specific strategy examples and use cases from Cartier, Elizabeth Arden and Microsoft Building loyal brand communities through chat groups and store membership—as employed by brands such as New Balance and Shiseido Livestream/influencer marketing—including statistics on livestreaming views and products promoted, with examples from beauty brands Estée Lauder and Whoo We also present insights into learnings from Singles’ Day 2020 for future shopping festivals and opportunities in online retail in China. Click here for all Coresight Research coverage of Singles’ Day 2020 and past Singles’ Day events. 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
