Reasons to Read

Following Singles’ Day on November 11, the Coresight Research team attended Alibaba’s Observing China Forum in Shanghai on November 16, 2020.

We present highlights from the event, which focused on changing consumer demand in China against the backdrop of the Covid-19 pandemic. This report covers the following key topics:

  • The importance of digital transformation in retail—including the adoption of livestreaming
  • How selected brands innovated their product offerings to increase their appeal to younger consumers—namely, SaturnBird and Genki Forest

We also summarize Alibaba’s forward view of next year’s 11 Global Shopping Festival.

Click here to read more about Singles’ Day 2020, as well as further Coresight Research coverage of past Singles’ Day events.

Reasons to Read

This 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.

Beauty brands and retailers have had to adapt to changes in how and what consumers are shopping due to the impacts of the Covid-19 pandemic, so are approaching the holiday season differently this year. We provide an outlook for the sector, including Coresight Research estimates for consumer spending during the holiday period.

This report also covers the following key content:

  • Livestreaming e-commerce in beauty
  • The use of online technologies to connect with consumers and enhance the gifting experience
  • Five beauty trends this holiday—across product categories including skin care, CBD and fragrance
  • E-commerce fulfillment—including BOPIS and curbside pickup

We discuss highlights from major beauty brands and retailers, including Estée Lauder, Sephora and Ulta Beauty.

Click here to read the previous report in the 12 Weeks of Holidays series, which explores the holiday outlook for the US apparel and footwear sector.

Click here to read all Coresight Research coverage of US holiday retail.

 

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Reasons to Read

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.
Using data from the US Census Bureau, we look at which retail sectors saw sales surge and which did not do well in October 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
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Reasons to Read

The retail calendar in China 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 China market.

Click here to view more about China Market Entry.

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Reasons to Read

Singles’ Day presents an opportunity for new product launches, to help brands drive consumer excitement and boost sales. In this report, we discuss Tmall Hey Box—the dedicated portal for consumers to discover new products on Alibaba’s e-commerce platform—and we take a look at some of the new product strategies that brands employed on Tmall during this year’s 11.11 shopping festival:

  • Crossover products (brand mashups)
  • Exclusive and limited-edition products
  • Value gift sets (product bundling)

We highlight new product offerings from selected brands in the beauty market—including Caudalie, Lancôme, L’Occitane, Olay, The History of Whoo—as well as others, such as Burberry, Golden Goose, Kate Spade and Tory Burch.

We 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.

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Reasons to Read

Hosted annually on November 11, Singles’ Day is the world’s largest online shopping festival. Coresight Research’s Brand Journeys to Singles’ Day 2020 series profiles 11 US and international small and medium-sized brands with insights into their strategies for targeting Chinese consumers during the shopping event.

Concluding the series, we profile footwear company Allbirds, covering the following key topics:

  • The brand’s background and focus on sustainability
  • How Allbirds leveraged Singles’ Day to build brand awareness in China
  • How the brand quickly adapted to customer feedback to offer a more appealing digital shopping experience

Click here to read more about Singles’ Day 2020, as well as further Coresight Research coverage of past Singles’ Day events.

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

Reasons to Read

In this report, we explore the impacts of the coronavirus crisis on the home and home-improvement sector.

We present an outlook for the remainder of 2020 and into 2021, covering the following content:

  • Expectations for the furniture retail and home-improvement retail subsectors—including for this year’s holiday season as well as for overall 2020 and into 2021
  • The industry landscape—with discussion of the latest quarterly results from selected home and home-improvement retailers, namely Home Depot, Lowe’s, RH, Tractor Supply, Wayfair and Williams-Sonoma
  • Trend analysis and insights—including e-commerce and furniture-as-a-service startups

Click here to read the previous US Home and Home-Improvement Retail: Post-Crisis Outlook report, published in June.

Click here to read more Coresight Research Market Outlooks and Post-Crisis Outlooks for other retail sectors.

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Reasons to Read

Our 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 15, namely Coty, CVS Health, Grocery Outlet and The RealReal.

Read the Earnings Insight 3Q20, Week 1 report here.

Click here to read our wrap-up report for second-quarter 2020

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Reasons to Read

This 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 consumers’ expected shopping behaviors 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:

  1. Consumers’ expectations for holiday spending compared to last year
  2. When consumers expect to shop for the 2020 holiday season
  3. Whether respondents are currently buying more online than they did pre-crisis

Our full report is available to premium subscribers and includes further findings:

  • How consumers expect to shop for the holiday season this year
  • 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
  • Whether respondents expect to retain behaviors from the coronavirus pandemic over the long term—and if so, which behaviors

Our latest research provides an update to our previous reports, which were based on surveys undertaken on 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.

Reasons to Read

Coresight Research’s November 10 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 consumers’ expected shopping behaviors for the 2020 holiday season—comparing the results with those from our August 12, September 14 and October 13 surveys. Our findings cover the following:

  • Consumers’ expectations for holiday spending compared to last year—including the categories they expect to spend less on
  • When and how consumers expect to shop for the holiday season this year

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
  • Whether consumers expect to retain some of the behaviors they have adopted during the coronavirus pandemic in the long term—and if so, which behaviors

The findings provide an update to our previous reports, which were based on surveys undertaken on 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.

Read our Five US Retail Predictions For Holiday 2020 for more data and analysis of the holiday retail season.

Click here to view additional coverage of the impact of Covid-19 on retail.

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QUESTION OF THE WEEK: What Are the Key Challenges and Experience Gaps for Gift Shoppers?

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” discusses the options facing US retailers as online grocery shopping becomes the permanent choice for many more consumers.

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.

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 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 Furniture Factory Outlet and Furla USA in the US and Edinburgh Woollen Mill Group and Sainsbury’s 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 new 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.

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