Insight ReportUS Retail Traffic and In-Store Metrics, December 2019: Traffic Decline Eases Coresight Research January 15, 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 December Retail Traffic report: Store-based traffic continued to fall Conversion rates advanced slightly Transaction volumes continued to fall Return rates improved slightly 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
Question of the WeekWhat Is the Most-Listed Clothing Brand on Amazon Fashion? Coresight Research January 14, 2020 QUESTION OF THE WEEK: What Is the Most-Listed Clothing Brand on Amazon Fashion? Printed-apparel brand InterestPrint is the most-listed clothing brand on Amazon’s US fashion site, with 50,437 product listings as of September 2019. It is followed by more established brands Hanes—which has 16,596 clothing listings—and Gildan, which has 15,470. This document was generated for
Event CoverageNRF 2020 Day 2: Technology is the Key to Improving the Retail Customer Experience Coresight Research January 14, 2020 Executive SummaryThe National Retail Federation’s (NRF) Big Show kicked off in New York City on Sunday, January 12, running to January 14. The Coresight Research team is on hand to learn more about the latest trends shaping retail. These are our key insights from day 2. Using technology to enhance human connections drives business. The consumer journey begins online: Retailers must leverage social media, email marketing and other digital tools to meet consumers where they are. US brands and retailers should create shopping holidays to drive sales: China’s consumers celebrate Valentine’s Day four times a year! To see more from NRF 2020, read our coverage of day 1 and day 3. This document was generated for
Insight ReportDecember 2019 US Same-Store Sales: Late Cyber Monday Drives Jump in Costco Online Sales Coresight Research January 14, 2020 Reasons to ReadWith Thanksgiving coming late in 2019, creating the shortest possible number of shopping days before Christmas, retailers saw shifts in normal November and December patterns: Cyber Monday was pushed into December, and took most of its online sales with it Overall, the late Thanksgiving benefited December sales Costco fared particularly well among the three major retailers covered in the report 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. Our monthly US Same-Store Sales Report reviews comparable sales metrics reported by Costco, Buckle and Cato. 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 ReportInsights from China: How Foreign Retailers Can Leverage the “She Economy” Coresight Research January 14, 2020 Reasons to ReadFemale consumers are becoming the driving force of economic growth in China, as employment rates and incomes increase. We discuss the nation’s thriving “She Economy” and consider its implications for domestic and foreign brands across three significant consumer trends: Increased spending in the beauty sector Sensitivity to quality and price Pursuit of fulfillment and experiential shopping 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 CoverageNRF 2020 Day 1 Insights: The Digital Economy Is Here Coresight Research January 13, 2020 Executive SummaryThe National Retail Federation (NRF) kicked off its Retail’s Big Show in New York City on Sunday, January 12. The Coresight Research team was on hand to learn more about the latest trends shaping retail. These are our key insights from the first day of the event: Retailers need to increase technology intensity, which means greater technology adoption and expanded capability. Companies need to invest in employees and employee communications to better understand the challenges they face and implement policies to drive employee engagement and productivity. Around 9% of purchases are made on merged digital destinations: Brands and retailers need to be everywhere, relevant and delightful. To see more from NRF 2020, read our coverage of day 2 and day 3. This document was generated for
Event CoverageRetailROI Super Saturday: Remarkable Retail and Digital Transformation Coresight Research January 13, 2020 Executive SummaryOn Saturday January 11, 2020, the day before NRF 2020 Retail’s Big Show, the Coresight Research team attended the 11th annual RetailROI Super Saturday. Retailers came together to discuss digital transformation and best practices for retail leadership, all in support of a greater cause—sponsorship for vulnerable children. We present key retail insights from the event: The collapse of the middle, similar to Weinswig’s Hourglass theme, is the bane of undifferentiated retailers that go to market with the same product, mediocre websites, same marketing and promotions. There are too many options for consumers today to settle to boring sameness. The solution: Choose remarkable! Retail leaders are growing, despite the onslaught of digital commerce, Amazon’s lead and ever-demanding consumers. The number-one in-store technology is proximity or location-based marketing, which is currently a major focus and a transformational store strategy for many retailers. This document was generated for
Deep DiveCan AR and VR Be Game Changers in Furniture Retail? Coresight Research January 13, 2020 Reasons to ReadWe discuss how various retailers in the furniture sector are leveraging augmented and virtual reality technologies to offer enhanced shopping experiences to their customers and boost both top- and bottom-line growth. We present insights into retailers’ investments across both brick-and-mortar and digital commerce across a number of key topics: The impact of AR and VR services on the in-store experience for consumers, including examples by IKEA and Macy’s The introduction of AR and VR into the online shopping journey, led by Amazon and Pottery Barn The challenges involved in leveraging reality technologies The impact of reality technologies on sales conversion and returns rates in the furniture sector 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—January 12, 2020 Coresight Research January 11, 2020 Executive SummaryJanuary 12, 2020 This week’s note “From the Desk of Deborah Weinswig” offers our take on six major CES 2020 product launches in Las Vegas this week. In the news this week: Neutrogena has updated its app with AI technology that eliminates the need for specialized scanning gear to offer personalized skincare advice. Uniqlo will open a store in Hanoi, its second in Viet Nam after opening one in Ho Chi Minh City in 2019. Brazilian cosmetics company Natura has completed the acquisition of direct-selling company Avon after securing the requisite regulatory approvals. This document was generated for
Event PresentationRAC Board Dinner Coresight Research January 11, 2020 Reasons to ReadOn January 11, 2020, Deborah Weinswig, CEO and Founder of Coresight Research, presented at the RAC board dinner. In this presentation, we cover the following: Coresight Research’s BEST framework for new retail—brand building, experiences, services and technology integration Technology-powered future stores What lies beyond technology for retail players in terms of in-store brand building, experiences and services Click here to read more Coresight Research coverage of retail technology. 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 2: Pier 1 Imports Plans To Shutter Almost Half of Its Store Fleet Coresight Research January 10, 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 Macy’s and Pier 1 Imports in the US and Debenhams in the UK. Click here to view our full collection of Weekly US and UK Store 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
Event CoverageCES 2020 Wrap-Up: Digital Health, Sustainability and 5G-Powered Connectivity Coresight Research January 10, 2020 Executive SummaryThe Coresight Research team was in Las Vegas this week for CES 2020 (formerly the Consumer Electronics Show), held on January 7–10. CES 2020 brought together over 4,500 exhibitors with nearly 20,000 new transformative tech products and more than 170,000 attendees. These are our top five insights from the event: Digital health is surging, and consumers want easier, cheaper and more approachable healthcare services. We can build a better connection to the human body via artificial intelligence, sensors and textile computing. Companies are increasingly aware of their obligations to operate sustainably and have positive impacts on the community, and technology is enabling them to achieve this. Innovations boom in the entertainment market through streaming services. 5G will elevate the mobile network to not only interconnect people, but also interconnect and control machines, objects and devices. This document was generated for
Event Presentation2019 Holiday Wrap-Up Coresight Research January 9, 2020 Reasons to ReadOn January 9, 2020, John Harmon, Senior Analyst at Coresight Research, presented a holiday 2019 wrap-up at a virtual webinar hosted by business weather intelligence firm Planalytics. This presentation covers the following: An early read on US holiday season sales The 2019 shopping calendar, including key shopping and returns dates The popularity of Afterpay among younger consumers Evan Gold, EVP of Global Partnerships at Planalytics also presented on the impact of the weather on 2019 holiday season shopping. Click here for more Coresight Research coverage of US holiday retail. 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 ReportEstée Lauder Beauty: A Timeline of Key Events Coresight Research January 9, 2020 Reasons to ReadEstée Lauder started out life in New York City in 1946 when Estée Lauder and husband Joseph Lauder started selling cosmetics. Back then, the company carried four products: a cleansing oil, a skin lotion, an all-purpose creme and a creme pack. Now, the company boasts a portfolio of over 25 prestige brands and $14.9 billion in annual revenues. Skincare is driving growth and accounts for 44% of revenues. Its portfolio includes four brands with net sales over $1 billion. Travel retail is huge: Some 18% of revenues come from Chinese travelers. Chinese consumers account for around a quarter of sales. Click here to read our full collection of Retailers’ Timelines. 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 CoverageCES 2020, Day 2: Physical Retail, Tourism and Data Strategy Coresight Research January 9, 2020 Executive SummaryThe Coresight Research team is in Las Vegas this week for CES 2020 (formerly known as the Consumer Electronics Show) held on January 7–10. CES 2020 has brought together over 4,500 exhibitors showing nearly 20,000 transformative tech products and more than 170,000 attendees. These are the top five insights from the second day of the event: Digitally native stores are opening physical branches, going from clicks to bricks. Also, the West can learn from “New Retail” in the East. Tourism is booming and has become essential to retail. Technology and innovation are transforming the future of travel at all points of the journey. Data strategy in healthcare: The explosion in behavioral data is driving more personalized and more effective product and service delivery. Supply chains can be more resilient, such as by leveraging drones and alternative delivery locations to overcome delivery challenges. We are witnessing a parallel rise in the effects of climate change and the use of disruptive technologies to mitigate the risks it is creating. This document was generated for
