Deep DiveCoronavirus Insights: US Survey Update—Shoppers’ Post-Lockdown Expectations Sound Alarm Bells for Retail (Full Report) Coresight Research April 27, 2020 Reasons to ReadCoresight Research’s April 22 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 discuss consumer expectations for behavior after the end of lockdowns and spending after the crisis eases, including with some questions newly added to our survey this week: Whether respondents expect to avoid public areas or travel once lockdowns end—and which types of places or travel they will avoid. How long consumers expect to retain avoidance behaviors for. When respondents expect their spending levels to return to normal. Respondents’ expectations for spending on holiday 2020—whether the economic impact of coronavirus will affect holiday season spending. 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. 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. We also asked respondents about their concerns surrounding job and income prospects. The findings provide an update to our previous reports, which were based on surveys undertaken on April 15, April 8, April 1, March 25 and March 17–18. We provide week-over-week comparisons for most metrics. 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: April 26, 2020—What Will In-Store Shopping Look Like When Stores Reopen? Coresight Research April 26, 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 what in-store shopping will look like when stores reopen following the coronavirus pandemic. Each report also includes recent retail and technology headlines from Asia, Europe and the US. This document was generated for
Store TrackerWeekly US and UK Store Openings and Closures Tracker 2020, Week 17: Neiman Marcus May File for Bankruptcy Imminently Coresight Research April 23, 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 Dollar General, Lord & Taylor and Neiman Marcus in the US and Cath Kidston and Debenhams 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. 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 ReportFrom Steak to Chicken: Coronavirus-Driven Downturn Likely To Prompt a Wave of Trading Down in US Grocery Coresight Research April 23, 2020 Reasons to ReadAmid the ongoing coronavirus crisis, we are seeing a shift in the purchasing behaviors of US consumers, with value becoming the key priority. Shoppers are seeking cheaper options as they look to mitigate the impact of economic uncertainty. We explore this “trading-down” trend, using data from the Global Recession of 2007–2009 to inform our insights. We discuss the following key topics: Trading down in type of product The opportunity for private labels The benefits for mass merchandisers and warehouse clubs—such as Costco, Target and Walmart The boost to grocery retail as the food-service sector experiences a downturn Read our US Grocery Retail Poised for a Double-Digit Upswing report for more information on consumer spending in grocery. 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 ReportBeauty Insights: Livestreaming Increases Revenue and Loyalty—Lessons Learned during the Coronavirus Coresight Research April 23, 2020 Reasons to ReadWith many brands and retailers facing heavy revenue losses due to widespread temporary closures caused by the coronavirus, we explore how beauty brands are leveraging digital channels to engage with consumers. We consider the lessons that can be learned from beauty retail in China, with a focus on livestreaming. We discuss the following key strategies: Transitioning associates from brick-and-mortar stores into digital beauty advisors Gaining viewership through experiential livestreaming content Strengthening brand identity and building communities Reaching Gen-Z consumers and launching new products This report presents examples of successful initiatives by Chanel, Elf Cosmetics, Forest Cabin Cosmetics, NYX Cosmetics and Perfect Corp. This report is part of our Beauty Insights series, which explores prominent or emerging themes and trends in the global beauty market. Click here to read about beauty activism. 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: Amazon Apparel Consumer Survey 2020—Amazon Cements Its Lead in US Fashion Market Coresight Research April 23, 2020 We present Three Things You Need To Know on Amazon Apparel Consumer Survey 2020: Amazon Cements Its Lead in US Fashion Market. Find the full report here. This document was generated for
Insight ReportCombined with 5G, the Internet of Things Offers New Opportunities To Enhance Operations and Experiences in Retail Coresight Research April 23, 2020 Reasons to ReadThe Internet of Things (IoT) is a transformative technology that may see a boom of applications in the retail industry. We discuss its potential benefits, particularly when combined with 5G connectivity. We consider how brands and retailers have begun to leverage 5G-powered IoT solutions in logistics operations as well as to enhance consumer experiences in physical retail. Highlights include applications by JD.com and Walmart. For more on this topic, read our report: Retail-Tech Landscape: The Internet of Things. 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 ReportIsrael Retail-Tech Innovator Landscape Coresight Research April 22, 2020 Reasons to ReadWe continue our Retail-Tech Landscape report series, which spotlights innovative technology companies that are disrupting the retail industry. This landscape lists selected Israeli retail technology companies, curated by Coresight Research and the Retail Innovation Club. The landscape covers the following categories across the retail value chain: Logistics In-store technology Online shopping Business intelligence—Analytics To view more of our Retail-Tech Landscapes spotlighting innovators that are disrupting the retail industry, click here. This report is available for free and can be accessed by registering for a free account. This document was generated for
Event CoverageOpen for Business with Jeff Brown, Supply Chain Expert: Solutions for a Crisis and Beyond Coresight Research April 22, 2020 Reasons to ReadPart of the Coresight Research & Blue Yonder Open for Business webinar series, we present the transcript from our conversation with Jeff Brown, President of NFI Industries and supply chain expert, on April 22, 2020. As business leaders are managing their companies through the coronavirus crisis, we are working to stay engaged with, and facilitate an open dialogue for, companies of all sizes. This webinar offered insights into the shape of demand during the current coronavirus pandemic. In addition to detailing how his firm has adapted to better suit the needs of its clients, Brown discussed the following key topics: The challenges in the supply chain presented by the Covid-19 outbreak and the innovations used to combat them Shortcomings in technology that have been made apparent during this crisis Adjustments to customer and employee interactions that define the “new normal” Forecasts for the remainder of 2020 and the preparations that retailers are making for the holiday season The impact of current market conditions on NFI’s efforts to become more climate-conscious In addition, we reviewed responses from webinar attendees to a live poll around supply chain technologies. A Q&A session also prompted conversation around the transformation of department stores, data transparency and inventory management. Click here to watch the video recording of this webinar. To register for future Coresight Conversations webinars, please click here. This document was generated for
Insight Report2020 Tax Tracker, Week 11: Tax Filings Decline Sharply, Average Refund Up 2% from Last Year Coresight Research April 22, 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 (of which the IRS is a part) announced the deadline to file (and more importantly, to pay) has been extended to July 15, but has closed assistance centers and suspended in-person customer services. In this report, we look at what happened in the 11th 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 10 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 ReportSearch for Cost Cuts Could Prompt a Surge in Outsourcing amid Coronavirus Crisis Coresight Research April 22, 2020 Reasons to ReadThe negative impacts of the coronavirus pandemic are being felt by retailers around the world and have already provided lessons for the future. In response to the crisis, we expect more companies to outsource key business functions to better manage their costs and minimize risk in a downturn economy. We discuss the key benefits to retailers of implementing an outsourcing strategy—particularly during an economic crisis—such as creating flexibility in companies’ cost bases. We also consider the different business functions that can be outsourced, as well as the benefits that companies could achieve by adopting new 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
Three Things You Need To Know: Coronavirus Insights—US Survey Update— First Hints of an Apparel Recovery Coresight Research April 22, 2020 We present Three Things You Need To Know on Coronavirus Insights: US Survey Update— First Hints of an Apparel Recovery. Find the full report here. This document was generated for
Insight ReportConsumer Tech Briefing: Coronavirus Crisis Spurs New Technological Innovations Coresight Research April 21, 2020 Reasons to ReadOur Consumer Tech Briefing series discusses recent developments in the world of technology. This month, highlights are centered around tools that enable social distancing and hygiene during the ongoing coronavirus crisis, including Snapchat’s AR-powered lenses and Apple and Google’s contact-tracing technology. Read more about how retailers are leveraging technology to reduce returns, enhance product listings and boost brand engagement in the previous Consumer Tech Briefing 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
Deep DiveInternational Grocery Retail in India: Opportunities in a High-Growth Sector, Despite Regulatory Constraints Coresight Research April 21, 2020 Reasons to ReadThe food and grocery retail market in India is among the largest in the world. With organized retail still finding its feet, a host of international retailers are vying to claim a sizeable slice of the grocery sector. We examine the grocery market landscape in India and discuss the following key topics: Key characteristics of Indian grocery consumers and grocers Economic reforms in grocery wholesale and retail, including a timeline of FDI liberalization Entry routes for foreign brands and retailers Key international players—including Metro, Spar, Tesco and Walmart—and 7-Eleven’s plans to enter the market Opportunities in Indian grocery retail and barriers to entry 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 ReportCoronavirus Stimulus Payments Under the US CARES Act Have Begun Rolling Out Coresight Research April 20, 2020 Reasons to ReadWe review the economic stimulus payments that began to be rolled out as part of the CARES (Coronavirus Aid, Relief and Economic Security) Act in the week of April 13. Click here to view Coresight Research’s ongoing coverage of the coronavirus outbreak. This document was generated for
