Deep DiveCoronavirus Insights: US Survey Update—First Hints of an Apparel Recovery (Full Report) Coresight Research April 20, 2020 Reasons to ReadCoresight Research’s April 15 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 research report provides trended data from previous weekly surveys. Among the subjects we surveyed consumers on are: How concerned they are about the coronavirus outbreak, what they are worried about, and how long they think the severe impacts of the outbreak will last. Whether they are buying more or less of any retail categories as a result of the COVID-19 outbreak and, if so, which types of products. When respondents expect their retail spending to return to normal, precrisis levels. Whether US shoppers are making more purchases online during the coronavirus outbreak and, if so, which categories. Their concerns about job and income prospects. Whether they are avoiding public spaces or travel and the types of places they are avoiding. Whether they expect to retain changed behaviors even after the COVID-19 outbreak ends and, if so, which. The findings provide an update to our previous reports, which were based on surveys undertaken on 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 19, 2020—Amid Surging Online Grocery Demand, Asset-Heavy Models Confront the Challenge of Fixed Capacity Coresight Research April 19, 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 how different types of online grocery retailers have coped with surging demand. 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
Flash ReportBankruptcy Looms at JCPenney; Amazon and Kohl’s Could Benefit Coresight Research April 17, 2020 Reasons to ReadJCPenney is reported to be preparing to file for bankruptcy in the wake of coronavirus-driven store closures. We review recent developments, JCPenney’s scale (offline and online) and its product mix. Using Coresight Research consumer survey data, we discuss which apparel retailers could gain shoppers should the department-store chain close its doors for good. 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 16: True Religion Apparel Files for Chapter 11 Bankruptcy Coresight Research April 17, 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 and True Religion Apparel in the US and Debenhams in the UK. 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 Holiday 2020 Retail First Look: Coronavirus Crisis Likely To Meaningfully Hit Demand Coresight Research April 17, 2020 Reasons to ReadAmid the coronavirus crisis, we offer an early—and tentative—view on how consumer demand may shape up in retail’s peak holiday season this year. Our early estimates for holiday 2020 retail sales are informed by our conversations with US retail executives. We draw on our proprietary consumer surveys, including those which asked US shoppers how long they expected the coronavirus crisis to impact their spending. We provide an illustrative model for how we think retail’s trough and recovery could look in 2020. We explore the implications for US retailers of a coronavirus-impacted holiday season. 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
Market Navigators/Market OutlookMarket Overview: Luxury—Taking a Back Seat to the Global Pandemic Coresight Research April 16, 2020 Reasons to ReadIn this Market Overview, we explore the personal luxury goods market landscape and consider the top 20 companies and top 15 brands in the global market by revenue—including LVMH, The Estée Lauder Companies Inc., Richemont, Hermès International and Burberry Group. In the context of 2020’s ongoing coronavirus pandemic, we discuss its impact on both supply and demand in the luxury industry, as well as the actions taken by global luxury brands to help combat the coronavirus. We also look back to the luxury sector during the Global Recession of 2007–2009 to offer insights into the potential recovery of the market. This report also covers the following topics: Key developments and trends that marked the luxury sector in 2019 Luxury e-commerce and its major players, such as Farfetch, Moda Operandi and Secoo China’s luxury shoppers and the exposure of selected retailers to Asia Pacific The luxury market’s competitor landscape, including LVMH, Kering, Tapestry, Capri Holdings and Prada Group Also in this series is our Market Overview for apparel, which offers a data-rich analysis of the global clothing market. 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 ReportMarch 2020 US Retail Sales: Discretionary Sectors Post Deep Declines as Coronavirus-Led Lockdowns Hit Consumer Spending Coresight Research April 16, 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, selected US retailers’ same-store sales and key global consumer indicators. Click here to view our full collection of Monthly Reports. Highlights from our March 2020 US Retail Sales Report: US retail sales saw deep declines in March, a stark change from the impressive gains made in January and February as large-scale retail shutdowns are implemented due to the coronavirus pandemic. Using data from the US Census Bureau, this report looks at which retail sectors saw sales surge and which did not do well in March 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
Insight ReportCoronavirus Insights: US Cannabis Industry Sees Sales Spike, Supply Chain Disruptions and Launch of CBD Sanitizers Coresight Research April 16, 2020 Reasons to ReadWe have seen panic buying take hold across a number of markets in the US in the midst of the ongoing coronavirus crisis, as consumers rush to stockpile products in the face of prolonged lockdowns. This same trend is true in the cannabis and CBD industries, which has significantly affected sales of cannabis in the US. We discuss recent sales data and explore other ways in which the pandemic has impacted these industries, considering the following: Online Delivery and Curbside Pickup Services The designation of cannabis businesses as “essential” services Supply chain disruptions, particularly for vape hardware components from China New product launches of CBD-infused hand sanitizer The cancellation and postponement of cannabis and CBD-related events. 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 ReportMarch 2020 US Same-Store Sales: Costco Sees Food Sales Surge over 30%, but Softlines Down by Double Digits Coresight Research April 15, 2020 Reasons to ReadThe impact of the coronavirus continues to be experienced by retailers globally, negatively affecting comps growth but resulting in a surge in online shopping and essential purchases (such as food). Our monthly US Same-Store Sales Report reviews comparable sales metrics reported by Costco, Buckle and Cato. This report looks at March same-store sales for Costco and Buckle: Costco’s same-store sales growth rate was significantly below the consensus estimate, impacted by coronavirus lockdowns. Buckle’s total net sales slumped compared to February. Cato comparable sales data for March was not available at the time of publishing. Coresight Research’s monthly reports keep you up to date on US and UK retail sales, US retail traffic and in-store metrics, selected US retailers’ same-store sales and key global consumer indicators. Click here to view our full collection of Monthly Reports. 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 10: Tax Filings Slide Further, Average Refund Up 1.6% from Last Year Coresight Research April 15, 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 tax assistance meetings. In this report, we look at what happened in the 10th 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 9 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
Deep DiveRetailTech: SAP—Pivoting from ERP Software to Customer Experience Coresight Research April 15, 2020 Reasons to ReadSAP’s current strategy has evolved dramatically from the company’s initial focus on finance and operations. Today, the company uses advanced technologies such as artificial intelligence and machine learning to offer retailers capabilities that help them enhance the experience for customers and employees. This report looks at how SAP: Has grown and evolved its service offering to include more functions valuable for retail. Leveraged strategic acquisitions to expand its service offering. Continues to grow at double-digits in a mature (albeit fragmented) sector. To view more of our Retail-Tech Landscapes spotlighting innovators that are disrupting the retail industry, click 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 ReportCoronavirus Insights: US vs. China Store Shutdown and Reopening Timeline—Where Is the US Now? Coresight Research April 14, 2020 Reasons to ReadWe outline our expectations for store reopenings in the US by comparing key milestones in the country’s coronavirus timeline to the experience of China, which is seemingly recovering from the pandemic. We take a closer look into the coronavirus timelines of China and the US, exploring the following topics: Key developments Store closures by week, including peak dates Store reopenings, including peak dates for China and the plans of major US retailers Mall shutdowns and reopenings 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
Deep DiveAmazon Apparel Consumer Survey 2020: Amazon Cements Its Lead in US Fashion Market Coresight Research April 14, 2020 Reasons to ReadIn our third Amazon Apparel survey report, we explore: What proportion of US consumers are buying apparel on Amazon.com. Which, if any, retailers Amazon’s clothing and footwear shoppers have switched their spending from. What clothing and footwear brands and categories consumers are buying on Amazon. Why consumers choose to buy clothing and footwear on Amazon.com Amazon shoppers’ attitudes toward Amazon Fashion and its offerings on a range of subjects ranging from private labels to the ease of using the Amazon website. Where else, besides Amazon Fashion, respondents shop for apparel. How apparel ranks versus other categories in terms of purchase rates on Amazon.com. We provide year-over-year comparisons for many metrics. Click here to read the findings from the Amazon Apparel Consumer Survey 2019. 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— Many Shoppers Fear Longer-Term Impacts, Threatening the Holiday Season Coresight Research April 14, 2020 We present Three Things You Need To Know on Coronavirus Insights: US Survey Update— Many Shoppers Fear Longer-Term Impacts, Threatening the Holiday Season. Find the full report here. This document was generated for
Insight ReportInsights from China: How Brands Can Harness the Power of KOLs and KOCs Coresight Research April 14, 2020 Reasons to ReadKey opinion leaders (KOLs) and key opinion consumers (KOCs) are social media influencers whose product reviews can drive sales in particular sectors by mobilizing consumer spending. We discuss how brand and retailers can tap into the China market by leveraging influencers as a marketing strategy. In doing so, we consider the following content: The rise of KOCs Livestreaming as a booming trend China’s diverse social media landscape Accessing the lifetime value of customers The popularity of KOLs, particularly in the beauty sector Implications for brands 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
