Flash ReportCoronavirus Insights: US Survey Update—Consumers Remain Cautious and Selective Toward Post-Lockdown Activities (Select Findings) Coresight Research May 25, 2020 Reasons to ReadThis report provides select findings from Coresight Research’s May 20 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. Selected findings in this report include: What activities consumers most expect to do once lockdowns end. Whether consumers expect to avoid public places or change travel arrangements once the coronavirus lockdowns are eased and businesses reopen—we look at week-over-week changes. US shoppers’ expectations of the length of the outbreak’s impact on everyday life in the US—we show the trend over the past nine weeks. Our full report is available to premium subscribers and includes further findings: The types of places respondents expect to avoid after lockdowns end, and how long consumers expect to retain avoidance behaviors for. When respondents expect their spending levels to return to normal. Whether respondents expect to retain behaviors from the coronavirus outbreak period—and if so, which behaviors. How long consumers expect the impacts of the Covid-19 crisis to last in the US. 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. We also asked respondents how worried they were about the outbreak and about their concerns surrounding job and income prospects. Our latest research provides an update to our previous reports, which were based on surveys undertaken on 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
Analyst CornerWeinswig’s Weekly: May 24, 2020—Physical Retail Stores Have Started To Reopen Coresight Research May 24, 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” looks at the return of brick-and-mortar retail in the US as stores reopen following Covid-19 shutdowns. Each report also includes recent retail and technology headlines from Asia, Europe and the US. 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
Store TrackerWeekly US and UK Store Openings and Closures Tracker 2020, Week 21: JCPenney Files for Bankruptcy; Pier 1 Imports To Liquidate Coresight Research May 22, 2020 Reasons to ReadOur Weekly US and UK Store Openings and Closures Tracker reports on store closures, openings and bankruptcies. We cover: 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 JCPenney, Nordstrom and Pier 1 Imports in the US and Antler and Johnson Shoes Company 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 ReportCoronavirus Insights: China Launches New “55 Shopping Festival” To Give Retail a Post-Lockdown Boost Coresight Research May 21, 2020 Reasons to ReadTo stimulate the economy and encourage consumers to release pent-up demand post Covid-19, the Shanghai Municipal People’s Government co-launched a new, large-scale shopping holiday with the retail industry at the beginning of May 2020. We discuss the potential of the 55 (Double Five) Shopping Festival to drive discretionary spending in Shanghai throughout May and June, exploring the following: The scale and impact of the two-month-long Double Five shopping season—including early success for Shanghai merchants from the launch of the festival on May 4–5 The omnichannel approach—including the participation of e-commerce platforms such as Alibaba’s Tmall and Pinduoduo in generating traffic to brick-and-mortar retail The focus on “shopping and tourism”—how Double Five is driving purchasing behavior in the tourism sector Click here to view Coresight Research’s ongoing 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
Insight ReportUS and China Quarterly Economic Update: Coronavirus Inflicted Economic Harm to Both Countries in 1Q20 Coresight Research May 21, 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 how the global coronavirus crisis has significantly impacted both economies in the first quarter of 2020, discussing the following key metrics: Quarter-over-quarter changes in US GDP, industrial production and personal consumption expenditure Quarter-over-quarter changes in China’s GDP, industrial production and per capita expenditure Click here to read the previous report in this series, from February 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 ReportContactless Payment Options Continue To Gain Acceptance, Spurred by Necessity Coresight Research May 21, 2020 Reasons to ReadSince the outbreak of the coronavirus, many businesses have ceased accepting cash as payment in order to minimize contact and thus reduce the risk of spreading the virus. We discuss recent developments in mobile payment technologies, the adoption of which is being driven by changing consumer expectations in the current environment. We consider the rise of contactless payments globally, before discussing the following: China’s Digital Currency Electronic Payment pilot program Facebook’s Libra cryptocurrency project The Venmo mobile payment system, with increased limits and functionality The introduction of facial recognition as a payment method in Asia Wirecard’s team-up with Stampay to offer contactless payment options Click here to read more about new payment technologies. Click here to view Coresight Research’s ongoing 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
Event Presentation2020: Recap of the First Quarter with Planalytics Coresight Research May 20, 2020 Reasons to ReadOn May 20, 2020, John Harmon, Senior Analyst at Coresight Research, presented a wrap-up of the first quarter of 2020 at a virtual webinar hosted in partnership with business weather intelligence firm Planalytics. This presentation covers the following: Spring retail update Weather-driven recap Weather-driven outlook for the second quarter of 2020 Evan Gold, EVP of Global Partnerships at Planalytics also presented weather-driven insights for the quarter. Click here to read more coverage of US retail sales. 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: Coronavirus Insights—US Survey Update—Here’s What Shoppers Expect To Do after Lockdowns End Coresight Research May 20, 2020 We present Three Things You Need To Know on Coronavirus Insights: US Survey Update—Here’s What Shoppers Expect To Do after Lockdowns End. Find the full report here. This document was generated for
Insight ReportGlobal Tourism: China’s Travelers Set To Pivot to Domestic Tourism, Coresight Research Survey Confirms Coresight Research May 20, 2020 Reasons to ReadOur quarterly Global Tourism series discusses domestic and international tourism themes and trends. In this report, we explore how the coronavirus crisis has impacted the behaviors and plans of Chinese travelers, based on findings from our recent proprietary survey, conducted in collaboration with China Luxury Advisors. We discuss key insights into the following topics: How Chinese travelers have changed their travel plans due to the coronavirus crisis Expected spending changes on major tourism activities—including retail and sightseeing The effects of the coronavirus on how Chinese tourists will travel after 2020 Year-over-year changes in China’s domestic tourism trips and revenue—and the signs of market recovery post Covid-19 Click here to read the previous report in the Global Tourism series, in which we explore the key factors contributing to the growth of the booming airport retail market. Click here to read about the impacts of the coronavirus on China’s outbound tourism. Click here to view Coresight Research’s ongoing 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
Insight Report2020 Tax Tracker, Week 15: Tax Filings Down, Average Refund Up 1.8% from Last Year Coresight Research May 20, 2020 Reasons to ReadEach year, the IRS reports tax return filings and refunds on a weekly basis, starting at the end of January until the April 15 deadline. This year, the US Department of the Treasury extended the deadline to file (and more importantly, to pay) July 15. In this report, we look at what happened in the 15th week of the 2020 tax filing season, including: How the extended deadline has affected filings and refunds so far. The impact of the coronavirus shutdown on IRS operations. The current status of returns filed, processed and refunds issued. Read the 2020 Tax Tracker for week 14 here, which also looks at Economic Impact Payments. 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: Coronavirus Insights—Three Post-Lockdown Consumer Trends in China Coresight Research May 19, 2020 We present Three Things You Need To Know: Coronavirus Insights—Three Post-Lockdown Consumer Trends in China. Find the full report here. This document was generated for
Deep DiveRetail Innovators: Beauty Brands and Retailers Coresight Research May 19, 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 innovators in the beauty market: Beautycounter, a multilevel marketing company Glossier, a DTC beauty brand Madison Reed, an at-home haircare service provider Nykaa, an India-based digitally native retailer Perfect Diary, a Chinese cosmetic brand We discuss these industry players in the context of changing consumer demand in the beauty sector, including the influence of social commerce and a heightened emphasis on clean beauty and 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 our Retail Innovators: Home-Furnishing Retailers 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 ReportConsumer Tech Briefing: Augmented Reality Boosts Consumer Engagement during Coronavirus Lockdowns Coresight Research May 19, 2020 Reasons to ReadOur Consumer Tech Briefing series discusses recent developments in the world of technology. This month, we look at the role of augmented reality in new product launches, which is enabling retailers to stay connected with consumers during coronavirus lockdowns and prepare for the post-crisis retail environment. Read more about technological innovations during the ongoing coronavirus crisis in our previous Consumer Tech Briefing report, which highlights new tools that enable social distancing and hygiene practices. 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
Coresight Research x IRI: US CPG Sales Tracker Coresight Research May 18, 2020 Reasons to ReadThe monthly US CPG Sales Tracker provides data-driven insights into online sales trends in the US CPG industry—covering the product categories of food & beverage; health & beauty; and general merchandise & homecare. The tracker is produced by Coresight Research and IRI, a global leader in innovative solutions and services for consumer, retail and media companies. All reports in this series are available for free and can be accessed by registering for a free account. Click here to view all US CPG Sales Tracker reports. This document was generated for
Question of the WeekWhat Actions Did Indian Grocery Retailers Take To Serve Their Customers During the Nationwide Lockdown? Coresight Research May 18, 2020 QUESTION OF THE WEEK: What Actions Did Indian Grocery Retailers Take To Serve Their Customers During the Nationwide Lockdown? Innovation and strategic partnerships throughout the supply chain characterize Indian grocery retailers’ response to the nationwide coronavirus lockdown. For example, brick-and-mortar grocery retailer Big Bazaar began selling on mobile devices in late April 2020, and due to a shortfall in trucking fleets, online grocery retailer Grofers used its own trucks to transport goods from FMCG warehouses to its own warehouses. This document was generated for