Insight ReportInsights from China: Opportunities for Brands in WeChat Coresight Research February 24, 2020 Reasons to ReadTencent’s WeChat has transformed from a social app to a “super app.” We explore the advantages that the digital platform’s diverse functionality offers to brands and retailers—such as global beauty brands Dior and L’Oréal—in the China market: WeChat official accounts act as a content marketing tool. WeChat mini programs enhance brands’ ability to drive traffic and provide a better consumer shopping experience. WeChat banner and Moments advertising helps brands to reach new consumers. 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 CoverageHighlights from the Hype Innovation Showcase: Sustainability and Technology Key to the Future of Physical Retail Coresight Research February 24, 2020 Reasons to ReadWe present selected highlights of the Hype Innovation Showcase, which took place on February 20 in New York. Our key insights from the event are centered around the themes of sustainability in the retail supply chain and the use of technology in increasing operational efficiency. We also consider the benefits to retailers of continued workforce and customer engagement. This report also includes an overview of 13 startups that participated in the Hype Innovation Showcase. This document was generated for
Flash ReportCoronavirus Briefing: China’s Outbound Tourism Will Be Hurt, but Possibly Not for Long Coresight Research February 24, 2020 Reasons to ReadChinese outbound travelers led spending in tourism globally before the coronavirus outbreak. We discuss the potential short-term impact that the virus could therefore have on the tourism industries of popular destinations among Chinese travelers. We also consider how a decline in the number of international tourists from China could affect airport retail sales. This report includes an appendix of recent store closures and updates from retailers operating in China. Click here to view Coresight Research’s ongoing coverage of the coronavirus outbreak in China. This document was generated for
Analyst CornerWeinswig’s Weekly—February 23, 2020 Coresight Research February 23, 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 looks at the reports of the death of online-only retail—are they exaggerated? Each report also includes the following content: Recent retail and technology headlines from Asia, Europe, Latin America and the US—this week’s highlights include Sephora, Puig and Prada. Macroeconomic updates for Asia, Europe, Latin America and the US An earnings calendar for Coresight 100 companies A calendar of upcoming retail events This document was generated for
Event CoverageHighlights from Walmart’s 2020 Investment Community Meeting Coresight Research February 21, 2020 Reasons to ReadAt Walmart’s 2020 investor day in New York, the company announced modest 4Q20 and full-year results, but showcased impressive growth in certain areas: Online continued to grow quickly as the company invests in omnichannel and delivery capabilities The company’s online business in China nearly doubled Walmart is establishing itself in India’s online and digital payments space through two acquisitions This document was generated for
Insight ReportJanuary 2020 UK Retail Sales: Online Retailers and Small Chains Drive Growth Coresight Research February 20, 2020 Reasons to ReadTotal UK retail sales saw accelerated growth in January 2020 versus December 2019, fueled by online retailers and small chains. Large retailers, on the other hand, saw growth slow. We review the monthly data for UK retail in total and by sector: We chart the trend in total value and volume retail sales growth over the last 13 months. We show value sales growth for 20 sectors across food and nonfood retail, for each of the latest three months. We discuss the growth in online retail sales, by major sector. 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
Store TrackerWeekly US and UK Store Openings and Closures Tracker 2020, Week 8: Pier 1 Imports Files for Chapter 11 Bankruptcy Coresight Research February 20, 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 At Home and Pier 1 Imports in the US and Beales and Marks & Spencer 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 ReportBeauty Insights: Assessing the Impact of the Coronarivus on Global Beauty Companies Coresight Research February 20, 2020 Reasons to ReadWith the number of cases of coronavirus continuing to rise, we assess the potential impact of the outbreak on global beauty companies that have a presence in China—focusing on Estée Lauder, L’Oréal, LVMH (Sephora) and Shiseido. We consider the following key topics: The importance of Chinese consumers for selected global beauty companies The impact of the coronavirus on physical store locations and online operations The detrimental effect of the outbreak on the beauty travel retail segment in the near term The potential overall impact of the coronavirus for selected global beauty companies Click here to view Coresight Research’s ongoing coverage of the coronavirus outbreak in China. 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: How Salesforce Has Become a Juggernaut in Retail Technology Coresight Research February 20, 2020 Reasons to ReadSalesforce was founded in 1999 in Marc Benioff’s apartment in San Francisco, along with co-founders Parker Harris, Dave Moellenhoff and Frank Dominguez. Benioff, who was a rising star at Oracle, left the company to pursue a new business concept: providing software as a service (SaaS) hosted on the Internet. In 2014, Salesforce raised over $125 million in an IPO, and in FY2020 is expected to report revenues of $1.8 billion. This report looks at Salesforce’s meteoric rise, including how the company: Holds an estimated 15% share of an addressable market worth $12 billion. Successfully competes against large global players such as Microsoft, Oracle and SAP. Has grown to hold more than three times the market share of its nearest competitor. 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: Cannabis Insights—The CBD Consumer Coresight Research February 19, 2020 We present Three Things You Need To Know on Cannabis Insights: The CBD Consumer. Find the full report here. This document was generated for
Flash ReportCoronavirus Briefing: Outbreak Disrupts Global Supply Chain, Particularly in Fashion Coresight Research February 19, 2020 Reasons to ReadFactories in China have been operating at partial capacity due to the coronavirus outbreak, impacting on supply chains globally. With the duration of the outbreak still uncertain, we consider the potential short- and long-term effects of labor shortages and transportation restrictions on the apparel and smartphone market segments in particular. We discuss China’s dominant role in the global exports market and the actions that brand owners and retailers could take to minimize their reliance on production in China—and therefore reduce future risk associated with events such as the coronavirus outbreak. Click here to view Coresight Research’s ongoing coverage of the coronavirus outbreak in China. This document was generated for
Insight Report2020 Tax Tracker, Week 2: Tax Filings Narrow the Gap with Last Year, Refunds Still Down Coresight Research February 19, 2020 Reasons to ReadEach year, the IRS reports tax return filings and refunds on a weekly basis, starting from the end of January until the April 15 deadline. In this report, we look at what happened in the first week of the 2020 tax filing season. The IRS is processing returns more quickly, although returns are also coming in more slowly Average refunds are slightly higher than last year The prospects for refunds to stimulate consumer spending look weak: The majority of recipients plan to either save the money or use it to pay down debt 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: Retailers Drive Customer Engagement through AR Technology Coresight Research February 18, 2020 Reasons to ReadOur Consumer Tech Briefing series discusses recent developments in the world of technology. This month, highlights include Pinterest’s launch of its shoppable virtual makeup feature, the introduction of augmented reality into the John Lewis app and the opening of a tech-enabled concept store by home-furnishings company Crate and Barrel. Read about artificial intelligence-driven products and parallel reality 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
Insight ReportJanuary 2020 US Retail Traffic and In-Store Metrics: Traffic Decline Abates for the Third Month in a Row Coresight Research February 18, 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 January 2020 Retail Traffic report: January 2020 saw US retail traffic continue its losing streak, declining (albeit more slowly) for the third straight month. However, the rate of decline is slowing: Not good news, just less-bad news. And, shopper yield has also been on the rise: So while fewer people make the trek to a physical store, they spend more when they do. This report shows: All regions posted traffic declines in January, although the South experienced the largest drop while the Midwest reported the slowest. The Northeast and West reported modest sales increase. Weather in these locations likely influenced shopper inclination to venture out. 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 ReportDelta Air Lines To Invest $1 Billion in Sustainable Future Coresight Research February 18, 2020 Reasons to ReadOn February 14, 2020, Delta Air Lines announced that it will commit $1 billion over the next decade to reduce its impact on the environment. We outline the airline’s three-part plan to becoming the first carbon-netural airline, which includes using sustainable fuels and working in coalition with key stakeholders. This document was generated for
