Reasons to Read

The last decade was a time of tremendous upheaval in retail. We lay out our vision of what retail will look like in 2030.

Our Future of Stores Matrix shows how physical retail will be reshaped in the coming decade to complement e-commerce by serving four purposes—convenience, collection, discount and destination.

We discuss the future of the industry around four key themes:

  • Lean retail
  • Spectacular retail
  • Transparent retail
  • Frictionless retail
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Reasons to Read

We continue our ongoing coverage of the coronavirus and outline the possible economic impact of the outbreak in China. We will follow up with further estimates in subsequent reports. The outbreak remains in its early stages, but is causing implications for global supply chains, including electronics.

Click here to view Coresight Research’s ongoing coverage of the coronavirus outbreak in China.

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Executive Summary

  • This week’s note “From the Desk of Deborah Weinswig” looks at Starbucks’ ambitious green goals.

In the news this week:

  •  Vitamin Shoppe has teamed up with LA Fitness to open shops inside health clubs and has already opened in nine LA Fitness health clubs.
  • UK retailer Planet Organic plans to more than double its store count in four years, from four to 10.
  • Walmart’s India e-commerce platform, Flipkart, will work with the state of Gujarat to promote handicrafts from local artisans on its online marketplace.

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Executive Summary

On January 30, 2020, the Estée Lauder Company announced leadership changes in four global positions, effective January 1, 2020.

  • Justin Boxford has been promoted to Global Brand President of La Mer. Boxford led the brand as Global General Manager for three years, helping to lead it to over $1 billion in net sales in fiscal 2018.
  • Philippe Pinatel has been promoted to Global Brand President at MAC Cosmetics. He previously served as Senior Vice President and Global General Manager.
  • Deborah Royer has been promoted to Global Brand President and Chief Creative Officer of Le Labo. She previously served as Global General Manager and Chief Creative Officer at the brand.
  • Christopher Wood was named President, North Asia of Dr. Jart+ and Do The Right Thing. Wood will take on brand leadership responsibilities following the completion of Estée Lauder’s acquisition of Have & Be, which owns the two brands.

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Executive Summary

H&M announced management changes and FY19 earnings.

  • Stefan Persson will step down as H&M Chairman, to be replaced by current CEO Karl-Johan Persson—who in turn will be replaced by current Chief Operating Officer Helena Helmersson.
  • Under Karl-Johan Perrson’s leadership, H&M grew store numbers aggressively, began selling online in most of its markets and launched a number of additional banners. But, after seeing growth slow, the company launched a turnaround plan in 2018.
  • H&M reported its first annual rise in net profit since 2015.

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Reasons to Read

Coresight Research reviews some of the unstaffed checkout solutions on display at the recent NRF 2020 Big Show, featuring technology from Intel, Sensormatic and Toshiba—and a Hisense system that includes facial-recognition.

  • Toshiba demonstrated frictionless store technology that works with existing store layouts.
  • Sensormatic demonstrated a store platform that uses RFID to track goods.
  • Public opinion against cashless solutions is gaining momentum, with bans in New York, San Francisco and Philadelphia.
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Reasons to Read

Our 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 Gap, Lucky’s Market and Papyrus in the US and Hawkin’s Bazaar 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.

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Reasons to Read

We continue our ongoing coverage of the coronavirus and its implications for business. This report outlines the potential economic impact of the ongoing coronavirus outbreak in China, which has since spread to other parts of the world. As the situation remains in flux, estimates and analysis are preliminary.

Click here to view Coresight Research’s ongoing coverage of the coronavirus outbreak in China.

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We present Three Things You Need To Know on How Dollar Stores Are Gearing Up To Sustain Growth. Find the full report here.

Reasons to Read

With a healthy holiday season now behind them, retailers are reporting results and looking towards the next year. The most recent holiday season saw: 

  • Healthy growth, although some performed better than others. 
  • Department stores continue to struggle. 
  • Over a third of consumers use BOPIS, with three retailers emerging as favorites. 

Click here to read Coresight’s coverage on US holiday retail and gain key retail insights for 2019 and prior years.

Click here to view the 2019 US Holiday Recap Event Presentation.

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Reasons to Read

This report outlines the potential economic impact of the ongoing coronavirus outbreak in China, which has since spread to other parts of the world. As the situation remains in flux, estimates and analysis are preliminary.

Click here to view Coresight Research’s ongoing coverage of the coronavirus outbreak in China.

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Reasons to Read

Beauty brands and retailers are working hard to develop and launch new technologies that offer new features to drive customer engagement with the brand.

  • Technology is transforming beauty, offering more personalization than ever before.
  • Technology tools can create customized recommendations for users.
  • Many new technology devices are paired with the company’s products.
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Reasons to Read

This report outlines the potential economic impact of the ongoing coronavirus outbreak in China, which has since spread to other parts of the world. As the situation remains in flux, estimates are preliminary.

Click here to view Coresight Research’s ongoing coverage of the coronavirus outbreak in China.

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Reasons to Read

This months economic data from the US, the UK and China was largely positive despite some dampening effects.

  • US food inflation turned to deflation.
  • Fuel prices rose sharply.
  • Consumers shrugged off the higher gas prices and boosted consumer spending almost 7% year over year.

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.

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Reasons to Read

Every year, football fans across the country organize at-home watch parties, head out to bars and restaurants or visit friends for the grand finale of the football season: The Superbowl. This year’s, the 54th, will see record consumer spend, up some 9% from last year.

  • The majority will watch the game at their own party or someone else’s.
  • Millions will also head to bars and restaurants to watch.
  • The National Chicken Council estimates fans will consume 1.4 billion chicken wings, up by 27 million over last year.
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