Insight ReportThe Inaugural 10.10 Shopping Festival: From Concept to Creation—and the Five Factors That Drove Its Success Coresight Research November 9, 2020 Reasons to ReadCoresight Research launched the 10.10 Shopping Festival exactly one month ago, to bring fun and excitement back to the retail industry and to help retailers and shoppers address the disruption caused by Covid-19. In this report, we provide insights into the creation and launch of the inaugural 10.10 Shopping Festival, which took place on October 9–12 and involved close collaboration with shopping rewards app Shopkick and online fashion marketplace Fashwire, as well as the participation of an exciting array of charities and supporting partners, retailers and brands. We also discuss five key factors that drove the success of 10.10: Unified retail industry teams Gamification Purposeful shopping (charitable giveback) Marketing and promotion Interest in festivals Click here to read our separate Retail Reimagined report on the festivalization of retail. Click here to read all Coresight Research coverage of shopping holidays. 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 1: Home Categories Prove Strong, While Beauty and Apparel Witness Substantial Improvement Coresight Research November 9, 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 8, namely Amazon, Canada Goose, Capri Holdings, Hanesbrands, The Estée Lauder Companies, Under Armour and Wayfair. Click here to read our wrap-up report for second-quarter 2020 earnings. 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: Discretionary Categories See Online Uptick as More Consumers Avoid Stores (Select Findings) Coresight Research November 9, 2020 Reasons to ReadThis report provides select findings from Coresight Research’s November 3 survey of US consumers on their behaviors and expectations, with a focus on implications for retailers. This week, we discuss an uptick in online shopping in select discretionary categories, influenced by consumers’ avoidance of brick-and-mortar stores. 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 select discretionary categories in which there have been new highs in the proportions of US shoppers that are making more purchases online than pre-crisis Whether consumers are switching their spending to e-commerce. Whether respondents are currently avoiding shops in general as a result of the Covid-19 pandemic Our full report is available to premium subscribers and includes further findings: 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 Complete results of the retail categories in which consumers are buying more or less as a result of the Covid-19 pandemic Complete results and ranking of the categories in which US consumers are currently buying more online than pre-crisis Our latest research provides an update to our previous reports, which were based on surveys undertaken on 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: Discretionary Categories See Online Uptick as More Consumers Avoid Stores (Full Report) Coresight Research November 9, 2020 Reasons to ReadCoresight Research’s November 3 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 highlight an uptick in online shopping in discretionary categories, influenced by consumers’ avoidance of brick-and-mortar stores and other public places. Our survey findings cover the following: The select discretionary categories in which there have been new highs in the proportions of US shoppers that are making more purchases online than pre-crisis 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 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: Lockdowns and Store Closures Are Back—Is It Different Now? Coresight Research November 8, 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 second wave of lockdowns and store closures in Europe and some parts of the US. 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 45: Pet Valu To Close All US Stores Coresight Research November 6, 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 7-Eleven, Nordstrom and Pet Valu in the US and Shoe Zone in the UK. We also discuss quarterly store opening and closure settlements in the US 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. 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 and China Quarterly Economic Update, 3Q20: Recovery in Both Countries, but Covid-19 Resurgence Could Slow Growth in the US Coresight Research November 6, 2020 Reasons to ReadCoresight Research’s quarterly report series keeps you up to date on the latest economic data from the US and China. In this report, we look at recently released data for the third quarter of 2020, which show recovery in both the US and China, although the resurgence of Covid-19 in the US could slow growth. Meanwhile, China’s economy expanded further—building on the previous quarter. We discuss the following key macroeconomic indicators: Changes in US GDP, industrial production and personal consumption expenditure Changes in China’s GDP, industrial production and per capita expenditure Click here to read the previous report in this series, from August 2020. Click here to read our latest report on key consumer indicators in the US, China and the UK—part of our Monthly Consumer Update series. 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 ReportBrand Journeys to Singles’ Day 2020: #9—Guess? Inc. Adapts Its Strategies To Better Engage Chinese Consumers Coresight Research November 6, 2020 Reasons to ReadHosted 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 Tmall Global strategy in the run-up to the shopping event. Continuing the series, we profile apparel brand Guess? Inc. This report covers the following key topics: The brand’s background and consumer base in China How Guess? Inc.’s is using Tmall Global to engage with shoppers in China’s luxury market, including previous Singles’ Day engagement strategies and how the brand is preparing for this year’s event Look out for the next report in our Brand Journeys to Singles’ Day 2020 series, which explores sports fashion brand Caraa. 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. This document was generated for
Holiday Bites: What Are the Hottest Toys for Holiday 2020? Coresight Research November 5, 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. This document was generated for
Insight ReportBrand Journeys to Singles’ Day 2020: #8—Bravado Unveils Exclusive Merchandise on Tmall Global for Chinese Shoppers Coresight Research November 5, 2020 Reasons to ReadHosted 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 Tmall Global strategy in the run-up to the shopping event. Continuing the series, we profile music merchandising firm Bravado, part of the Universal Music Group. This report covers the following key topics: The brand’s background How Bravado it is leveraging its new partnership with Tmall Global and the upcoming Singles’ Day shopping event to tap into China’s established music-industry consumer base The brand’s exclusive offerings and early-access benefits for Chinese music fans Look out for the next report in our Brand Journeys to Singles’ Day 2020 series, which explores apparel brand Guess? Inc. 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. This document was generated for
Flash ReportSingles’ Day 2020: Early Observations of Alibaba’s Double 11 Coresight Research November 5, 2020 Reasons to ReadIn China, Alibaba’s 11.11 Global Shopping Festival 2020 held its first sale period at 12:00 a.m. on November 1–3, following a pre-sale on October 21–31. In this free report, we present some early sales results from the first round of this year’s Singles’ Day event and discuss our observations so far, covering livestreaming and order fulfillment. 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. This document was generated for
Market Navigators/Market OutlookMarket Outlook: Understanding China’s $5 Trillion Retail Sector Coresight Research November 5, 2020 Reasons to ReadIn this Market Outlook, we explore China’s retail sector. This report covers the following key content: The size and composition of China’s retail market and expectations for growth in 2020 and 2021—including consumer spending on key retail categories and overviews of the top five sectors Rankings of China’s leading retail companies, with revenue and GMV data—including Alibaba and JD.com Key themes in the market, with data insights from China’s National Bureau of Statistics—including e-commerce as a driver of sector consolidation, high consumer demand in certain product categories, sales growth among domestic beauty brands and opportunities in the duty-free format This report includes highlights about beauty retail players such as Dr. Yu, Perfect Diary and The Colorist, as well as select department store operators and e-commerce platforms. Click here to view all Coresight Research Market Outlook reports. Click here to view our 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
Holiday Bites: How Many Christmas Trees Are Sold in the US? Coresight Research November 4, 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. This document was generated for
Insight ReportHoliday 2020: UK Retail Outlook Update—November Lockdown To Slam Retail Coresight Research November 4, 2020 Reasons to ReadWe provide an update on our estimates for the UK retail outlook for holiday 2020, following UK Prime Minister Boris Johnson’s announcement on October 31 of a four-week lockdown in England. This report covers the following key content: The imminent coronavirus lockdown to be imposed in England by the UK government will be effective from November 5 to December 2—and the nonessential stores forced to close under the new measures as well as the expected blow to UK retailers How first-lockdown trends inform our predictions for the upcoming second lockdown—with the potential key differentiator of underlying holiday demand for gifting purchases this time round Our predictions for a post-lockdown December bounce and implications of excess inventory for retailers into 2021 The impacts of a second lockdown on retail bankruptcies and company voluntary arrangements—including our expectations for a renewed wave of UK store closures We provide a UK Covid-19 timeline of key developments in the appendix. This report provides an update to our previously published Holiday 2020: UK Retail Outlook from October, which is free to access. Click here to read our Holiday 2020: US Retail Outlook report. 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 ReportBrand Journeys to Singles’ Day 2020: #7—Shivelight Joins Tmall Global To Tap Into Chinese Demand for Healthy Soft Drinks Coresight Research November 4, 2020 Reasons to ReadHosted 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 Tmall Global strategy in the run-up to the shopping event. Continuing the series, we profile beverage brand Shivelight. This report covers the following key topics: The brand’s background and the origins of the “drinking vinegar”-based Shrub beverages Shivelight’s focus on sourcing natural ingredients How entering the China market through Singles’ Day will help the brand tap into Chinese demand for healthy soft drinks Look out for the next report in our Brand Journeys to Singles’ Day 2020 series, which explores artist merchandising company Bravado. 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. This document was generated for
