Insight ReportUS Survey Update: Consumer Behavior Proves Volatile Across Retail and Food Service (Select Findings) Coresight Research October 5, 2020 Reasons to ReadThis report provides select findings from Coresight Research’s September 29 survey of US consumers on their behaviors and expectations, with a focus on implications for retailers. This week, we discuss volatility in consumer behavior across retail and food service. 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 What activities respondents have done in the past two weeks 2 Whether respondents are currently avoiding public places, including shopping centers and malls 3 Whether respondents are buying more or less of any retail categories as a result of the Covid-19 outbreak and, if so, which types of products Our full report is available to premium subscribers and includes further findings: • A full list of the public areas or travel that consumers are avoiding • A full list of the activities that respondents have done in the past two weeks and what they expect to do in the next two weeks • Whether US shoppers are making more purchases online during the coronavirus outbreak and, if so, which categories Our latest research provides an update to our previous reports, which were based on surveys undertaken on 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 this survey, Coresight Research is publishing ongoing coverage on the coronavirus outbreak, which can be accessed here. 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: Consumer Behavior Proves Volatile Across Retail and Food Service (Full Report) Coresight Research October 5, 2020 Reasons to ReadCoresight Research’s September 29 survey provides a detailed update on US consumers’ behaviors, concerns and expectations, with a focus on the implications for US retail. This week, we discuss volatility in consumers’ current and expected behaviors across retail and food service, with survey findings 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 Whether respondents are buying more or less of any retail categories as a result of the Covid-19 outbreak and, if so, which types of products Whether US shoppers are making more purchases online during the coronavirus outbreak and, if so, which categories The findings provide an update to our previous reports, which were based on surveys undertaken on 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. In addition to this survey, click here to view additional coverage of the coronavirus outbreak. 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: The New 10.10 Shopping Festival To Kickstart the US Holiday Shopping Season Coresight Research October 4, 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 how the new 10.10 Shopping Festival will kickstart the holiday shopping season in early October in the US this year. 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 ReportCoronavirus Tracker: Retail Metrics and Key Developments Coresight Research October 3, 2020 Reasons to ReadCoresight Research’s Coronavirus Tracker brings together data on the development of the coronavirus pandemic and its impact on countries, economies, industries and consumers. The Coronavirus Tracker includes: A frequently updated coronavirus timeline of key developments related to the spread and impact of the outbreak worldwide, from China to the US. An up-to-date timeline of the events that have been canceled or postponed across business, sport and leisure. Details of announced temporary store closures or reduced opening hours by major US retailers. Newly added on March 25—hiring plans announced by major US retailers, including those seeing strong demand for nondiscretionary goods and those selling online. Check back regularly as we add new information on the impact of the coronavirus pandemic on economies, retailers and consumers—including data from Coresight Research US consumer surveys. And find our Coronavirus Insights reports here. 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 WeekWhich US Retailers Saw the Fastest Online Sales Growth in the Second Quarter? Coresight Research October 2, 2020 QUESTION OF THE WEEK: Which US Retailers Saw the Fastest Online Sales Growth in the Second Quarter? Albertsons, Best Buy and Ulta Beauty grew online sales by more than 200% year over year in the second quarter. Dick’s Sporting Goods, Home Depot, Kroger, L Brands, Lowe’s, Lululemon, Target and Tiffany & Co. reported triple-digit e-commerce growth. This document was generated for
Store TrackerWeekly US and UK Store Openings and Closures Tracker 2020, Week 40: Allbirds To Increase Store Footprint Coresight Research October 2, 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 Allbirds and Ascena Retail Group in the US and Aldi and B&M in the UK. We also discuss quarterly store opening 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
Event CoverageAlibaba Group Investor Day 2020: Alibaba Is Well-Positioned To Capture the Digitalization Trend in the Wake of Covid-19 Coresight Research October 2, 2020 Reasons to ReadThe Coresight Research team attended Alibaba Group’s annual Investor Day virtually. We present key insights from the event on September 28–30, including the recent performance and future outlook of Alibaba’s key businesses: Core Commerce—Taobao, Tmall and Tmall Import New Retail—Freshippo Local Services—such as Ele.me Cainiao Logistics Alibaba Cloud We also outline Alibaba’s three core growth engines and strategies. Clear here to read more Coresight Research coverage of Alibaba Group. 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
Event CoverageWorkforce Management Automation in the New Retail Environment, with Andreas Sjölund, Quinyx Coresight Research October 2, 2020 Reasons to ReadOn September 22, 2020, Coresight Research hosted Andreas Sjölund, Quinyx Chief Revenue Officer and Cofounder, to discuss how workforce management automation can help retailers manage the new retail landscape. We present key insights from the webinar, covering the following topics: How meeting employee priorities in terms of flexibility can boost employer revenues and loyalty. The role of workforce management automation in ensuring safety and appreciation in the work environment How automated workforce systems can optimize the arrangements of employee shifts Click here to view the video recording of this webinar. To register for future Coresight Research webinars, please click here. 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
Event PresentationThe New World of Retail: Lessons from China and Insights into Consumer Behavior Coresight Research October 1, 2020 Reasons to ReadOn October 1, 2020, Coresight Research presented 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 DiveUS Businesswear Market: Working from Home Accelerates Casualization, Hitting the Formal Clothing Market Coresight Research October 1, 2020 Reasons to ReadThe rapid shift toward working from home in the wake of the coronavirus pandemic has accelerated the longstanding casualization trend in US workplace dress codes, with significant impacts for the formal businesswear market. We discuss the following key topics: The current US businesswear market—including the scope of different formal apparel categories and the impact of coronavirus-related shifts to working from home on brands and retailers including Ann Taylor, Brooks Brothers and Tailored Brands. The future of the businesswear market, including the increased popularity of work-leisure clothing and technology innovations in businesswear. Opportunities for growth in the declining market—such as DTC and online sales and subscription/rental business models, with examples from brands including Indochina and Rent the Runway. For more insight into the US retail industry, read our previous deep dive report on US Home-Improvement E-Commerce here. 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 ReportSustainability at Tapestry: Three Brands United by a Single Vision Coresight Research October 1, 2020 Reasons to ReadThis report kicks off our new series exploring the commitments of selected major retailers to sustainability, through the lens of Coresight Research’s EnCORE framework. In this report, we focus on Tapestry, a US-based, multinational, luxury fashion holding company. We cover the following key content: The history of environmental, social and corporate governance (ESG) at Tapestry—through its three brands and at a corporate level The company’s 2025 corporate responsibility goals Tapestry’s ESG initiatives—as aligned with the EnCORE framework (from “Environmental engagement” to “Excellence in reporting and communicating”) and the UN’s Sustainable Development Goals. The company’s commitment to the community, as exemplified by its response to the Covid-19 crisis For a more detailed discussion around the development of sustainability in retail and the five components of our EnCORE framework, read our free report: “The Time for Sustainability in Retail Is Now” 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 Dive2Q20 US Earnings Season Wrap-Up: Reviewing the Covid-19 Recovery Coresight Research October 1, 2020 Reasons to ReadThis report offers analysis of the second-quarter 2020 earnings of Coresight 100 companies based in the US. We assess the recent performance of retailers in terms of revenues, earnings per share and comps, considering consensus estimates and year-over-year changes. We discuss retailers across a number of sectors: Apparel and footwear—including NIKE and VF Corporation Beauty—including Estée Lauder and L’Oréal CPG—including Procter & Gamble and Colgate-Palmolive Department stores—including JCPenney, Macy’s and Nordstrom E-commerce—including Alibaba, Amazon and JD.com Electronics retail—Best Buy Luxury—including Ralph Lauren and Tapestry REITs—including Brookfield Property Partners and Simon Property Group Specialty retail—including Burlington Stores, L Brands and Ross Stores Food, drug and mass retail—including Dollar General, Kroger, Target and Walgreens Boots Alliance Home and home-improvement retail—including Home Depot and Lowe’s Click here to read the 1Q20 US Earnings Season Wrap-Up. Readers may also be interested in our 2Q20 US Retail Inventory Tracker report. 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
Three Things You Need To Know: The 12 Weeks of Holidays—#1—Three Things US Shoppers Will Do Differently This Holiday Season Coresight Research October 1, 2020 We present Three Things You Need To Know on The 12 Weeks of Holidays: #1—Three Things US Shoppers Will Do Differently This Holiday Season. Find the full report here. This document was generated for
Insight ReportConsumer Tech Briefing: Foldable Phones from Samsung and Microsoft, Plus Amazon’s Digital Wellness Offering Coresight Research September 30, 2020 Reasons to ReadOur Consumer Tech Briefing series discusses recent developments in the world of technology. This month we look at new foldable screen smartphone releases from Microsoft and Samsung, as well as Amazon’s latest move into the health-care space. We discuss the following technology developments: Market growth estimates and white space opportunities for products with flexible screen capabilities and health wearables The launch of Samsung’s latest variant in its folding screen smartphone range, including updates from previous versions, screen sizes, dual-function capacity and price point The unveiling of Microsoft’s first folding screen smartphone—including details on screen functions, multitasking capacities and productivity features Amazon’s latest foray into the health-care space with the launch of its Halo wearable health and wellness monitoring band and associated app. Implications for brands/retailers and technology vendors Read more about technological innovations in our previous Consumer Tech Briefing report, which looks at developments in the short-video space by three major players, including TikTok. 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
Event CoverageCoresight Research x IBM: Redefining Sustainability for the New Era of Retail Coresight Research September 30, 2020 Reasons to ReadWe present key insights from the “Redefining Sustainability for a New Era of Retail” webinar, which was hosted on September 10, 2020 by Coresight Research and IBM and featured Shari Diaz, Director of Innovation, Strategy and Operations at IBM Sterling; Dan Goldman, Head of Strategy at The North Face; and Logan Duran, Director of Corporate Sustainability Strategy at Tapestry. The webinar explored the following key topics: Coresight Research’s EnCORE framework—a template to guide retailers in promoting sustainability and making a positive impact on the triple bottom line The benefits for brands and retailers of involving consumers in sustainability decisions, especially in terms of consumer trust and loyalty The importance of circular production models for brands and retailer to minimize their environmental footprint To read more about the development of sustainability in retail and the five components of our EnCORE framework, see our free report: “The Time for Sustainability in Retail Is Now” To register for future Coresight Conversations webinars, please click here. 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
