Three Things You Need To Know: US Survey Update—How Consumers Expect To Shop for the Holidays Coresight Research August 20, 2020 We present Three Things You Need To Know on US Survey Update: How Consumers Expect To Shop for the Holidays. Find the full report here. This document was generated for
Deep DiveRetailTech: Demand-Forecasting Software—An Essential Link in the Supply Chain Coresight Research August 20, 2020 Reasons to ReadDemand forecasting lies at the core of every retailer’s operations and supply chain, since it affects nearly every other retail business function—from sales and inventory to promotions and margins. This report covers the following key content: A discussion of the role of demand forecasting within retail supply chains Examples of major retailers that are benefiting from demand-forecasting software—including Coach and Sainsbury’s A market overview, with profiles of selected demand-forecasting solutions providers—including Blue Yonder, IBM and Oracle The advantages of artificial intelligence and machine learning within demand forecasting—as well as the value of human intuition Implications for retailers, real estate firms and technology vendors This report is part of Coresight Research’s RetailTech series. Click here to read the previous report in this 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 ReportApparel Retailers and Brands Launch New Products and Services To Adapt to the Changing Retail Environment Coresight Research August 20, 2020 Reasons to ReadWith US consumers shopping online more now than prior to the Covid-19 pandemic, brands and retailers have had to deepen their digital capabilities to adapt to the growth of e-commerce. We explore how the apparel sector is remaining competitive in the fast-changing retail environment by launching new products and services to drive sales during and post crisis. This report presents our insights across the following key topics: Consumer demand for convenience and the widespread adoption of curbside pickup The transformation of the shopping experience through virtual services—including online consultations and virtual try-on The comfort trend—selected brands’ efforts to align with consumers’ desire for comfortable apparel 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 DiveInnovator Intelligence: Can Technology Transform the Overall BOPIS Experience? Coresight Research August 19, 2020 Reasons to ReadThis report forms part of our Innovator Intelligence series, which focuses on emerging technologies that are disrupting traditional retail and fueling innovation across the retail value chain. We discuss the key trends that are impacting omnichannel fulfillment and consider how retailers can leverage computer vision to simplify the order-pickup process. This report includes insights and discussion around the following topics: Future growth of BOPIS (buy online, pick up in store) Order fulfillment across selected US retailers—including Kohl’s, Macy’s and Target The importance of convenience to shoppers The correlation between speed of order fulfillment and customer satisfaction The role of inventory management in omnichannel fulfillment We also explore Position Imaging, a logistics and asset-tracking company, covering the following: Position Imaging’s iPickup order-fulfillment platform—what the solution includes, how it is an industry disruptor, how it functions and the different installation options iPickup case study Market positioning and key competitive advantages iPickup’s pricing model and recent developments This report is sponsored by Position Imaging. 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 CoverageQuinyx’s “Evolving to Thrive” Virtual Summit: Deborah Weinswig Explores the New World of Retail Coresight Research August 19, 2020 Reasons to ReadOn August 10, 2020, Coresight Research CEO and Founder Deborah Weinswig presented on the new world of retail at Quinyx’s “Evolving to Thrive” virtual summit. The event hosted cross-sector industry leaders to discuss adapting and re-inventing operations and workforces in a post-Covid world. We present insights from Weinswig’s presentation across five key topics around how the Covid-19 pandemic has rewritten the rules of retail: Improvements in the current US retail environment Long-lasting consumer behaviour changes—including shifts in purchasing priorities Alterations to the consumer-retailer interaction model and the role of technology in facilitating these developments Streamlining back-end retail operations Inclusion and sustainability To register for future digital events hosted by Coresight Research, 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
Insight ReportConsumer Tech Briefing: Social Media Firms Gear Up To Acquire New Users amid a Potential TikTok Ban Coresight Research August 19, 2020 Reasons to ReadOur Consumer Tech Briefing series discusses recent developments in the world of technology. This month, we look at the opportunity for social video platforms amid US concerns around TikTok’s data security. We discuss developments in the short-video space by three major players: Facebook’s launch of Instagram Reels Snapchat’s upcoming music-powered feature Triller’s expanding reach and music-licensing partnerships Read more about technological innovations in our previous Consumer Tech Briefing report, which looks at the global market for wearable tech. 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 Store Closures—Apparel Sector Accelerates Toward Record Number of Store Closures Coresight Research August 19, 2020 We present Three Things You Need To Know on US Store Closures: Apparel Sector Accelerates Toward Record Number of Store Closures. Find the full report here. This document was generated for
Event PresentationRetailers United: Help America Reopen Pitch Competition Coresight Research August 18, 2020 Reasons to ReadOn August 18, 2020, Deborah Weinswig, Coresight Research CEO and Founder, emceed Retailers United’s “Help America Reopen” pitch competition, in which five US retail startups competed for a $10,000 grant. Weinswig also featured on the judging panel of industry experts. This presentation covers: An introduction to the judges and finalists The startup pitches Audience voting and awards Click here to view all Coresight Research coverage of Retailers United 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
Store TrackerUS Store Closures: Retailers Refocus on Product over Experiences, Driving Up Closures Coresight Research August 18, 2020 Reasons to ReadAs one result of the “mask economy” due to Covid-19, US retailers are refocusing on product over experiences—a reversal of the previous trend toward experiential retail. In this report, we discuss the following key topics: How the shift away from experiential retail is leading to retail store closures Increased integration between store and e-commerce operations—and the conversion of locations to dark stores Implications for retailers and real estate firms of the pivot to product over experiences We include highlights from Amazon, Bed Bath & Beyond and Microsoft. Click here to read our US Store Closures 2020 Outlook. Read our separate report for our expectations of the acceleration of bankruptcy filings through the remainder of the year. Click here to read Coresight Research’s ongoing coverage of the coronavirus pandemic, and visit our Coronavirus Tracker for more information on temporary store closures and key developments. 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 DiveRetail Innovators: Apparel Technologies Coresight Research August 18, 2020 Reasons to ReadThe Coresight Research Retail Innovators series examines how key players and startups are disrupting different retail sectors. In this report, we focus on five technology innovators in the apparel market: 3DLOOK, which provides personalization solutions to solve retailer’s problems related to apparel fit Obsess, an augmented and virtual reality software platform for experiential shopping. Bold Metrics, a fit technology company that uses artificial intelligence to provide data insights Unmade, an operating platform that connects fashion and sportswear brands directly to production Myant, which uses textile computing to help people manage health conditions through smart clothing We discuss these industry players in the context of changing consumer demand in the apparel sector, including the influence of e-commerce and a heightened emphasis on remote and virtual services, as well as sustainability. We provide company profiles and consider the following key topics for each innovator, covering e-commerce and physical retail: How the company has disrupted the market Brick-and-mortar presence—including growth strategies and omnichannel ecosystems Landscape, tailwinds and headwinds Impact on traditional players Click here to read the previous report in our Retail Innovators series, which looks at companies disrupting the real estate investment trusts (REITs) 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
Question of the WeekWhich Major US Apparel Retailers Have Filed for Bankruptcy So Far This Year? Coresight Research August 18, 2020 QUESTION OF THE WEEK: Which Major US Apparel Retailers Have Filed for Bankruptcy So Far This Year? Year to date in 2020, 13 major US apparel retailers have filed for bankruptcy, including Ascena Retail Group, J.Crew Group and most recently, Tailored Brands. All but one of the total 13 filed for bankruptcy after Covid-19 lockdowns began. This document was generated for
Insight ReportEarnings Insights 2Q20, Week 2: Canada Goose Stores See Slow Start in North America and Europe Coresight Research August 17, 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 second-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 second quarter (where reported)—including comparable sales growth, details on consumer demand by category or channel and qualitative insights The strength of e-commerce following temporary store closures Details on the performance of reopened stores, where these have been provided The outlook for demand, as reflected in revenue guidance or more qualitative commentary on the shape or strength of demand—helping to build a picture of a potential US retail recovery in consumer demand This week, there are highlights from companies that reported in the week ended August 16, including ASOS and Canada Goose. Read the Earnings Insights 2Q20, Week 1 report here. Click here to read our wrap-up report for first-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
Deep DiveUS Survey Update: How Consumers Expect To Shop for the Holidays (Full Report) Coresight Research August 17, 2020 Reasons to ReadCoresight Research’s August 12 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 our July 15 survey findings. Our findings cover the following: The impact of the coronavirus outbreak on consumers’ expectations for spending compared to last year—including the categories they expect to spend less on The impact of Prime Day and Covid-19 on expected holiday spending How the crisis is shaping when and how consumers will shop for holiday 2020 We discuss a number of survey findings on consumers’ current and expected behaviors, 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 provide trended data for a number of our regular weekly questions on spending and shopping: 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 Whether respondents expect to retain behaviors from the coronavirus outbreak period over the long term—and if so, which behaviors We discuss the implications of our findings for brands and retailers. The findings provide an update to our previous reports, which were based on surveys undertaken on 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
Flash ReportUS Survey Update: How Consumers Expect To Shop for the Holidays (Select Findings) Coresight Research August 17, 2020 Reasons to ReadThis report provides select findings from Coresight Research’s August 12 survey of US consumers on the coronavirus crisis. We asked respondents about the impact of the pandemic on their behaviors and expectations, with a focus on implications for retailers. This report is available for free and can be accessed by registering for a free account. We highlight three selected findings from our weekly survey: 1. The impact of the coronavirus outbreak on consumers’ expectations for holiday 2020 spending compared to last year 2. The pull-forward of holiday spending this year 3. Whether respondents are currently avoiding public areas or travel. Our full report is available to premium subscribers and includes further findings: How the crisis is shaping what consumers will spend on and how they will shop for the holiday season What activities respondents have done in the past two weeks and what they expect to do in the next two weeks A full list of the public areas or travel that consumers 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 Whether respondents expect to retain behaviors from the coronavirus outbreak period 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 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
Insight ReportJuly 2020 US Retail Sales: Strength in Multiple Nonfood Sectors Drives Total Growth to 10% Coresight Research August 17, 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. Highlights from our July 2020 US Retail Sales Report: Circumstances are still difficult due to Covid-19, with many states pausing or rolling back reopening plans in the third and fourth weeks of July. However, total US retail sales maintained strong growth momentum, driven by multiple nonfood sectors—including sports and leisure goods and home improvement. Although some sectors remained negative in July, they saw a substantial sequential easing of sales declines. Using data from the US Census Bureau, this report looks at which retail sectors saw sales surge and which did not do well in July 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
