August 10, 2020 Deep Dive Premium US Survey Update: How Consumers Spent and Plan To Spend Stimulus Checks (Full Report)Our latest survey report provides a detailed update on US consumers’ behaviors, concerns and expectations amid the coronavirus crisis, with a focus on the implications for retail. This week, we explore how consumers have spent, and plan to spend, their stimulus checks—with a focus on the prioritization of basic financial obligations versus discretionary retail spending. We also discuss what activities consumers have done over the past two weeks and their planned activities for the next two weeks. Our consumer survey was undertaken on August 5.
August 10, 2020 Insight Report Premium Earnings Insights 2Q20, Week 1: Retailers’ Path to Recovery Is Being Led by Digital BusinessOur weekly Earnings Insights reports feature highlights from recent management commentary at major US retailers as they report second-quarter 2020 earnings. We condense what retail companies are reporting, with a focus on the impact of the coronavirus crisis. This week, there are highlights from companies that reported in the week ended August 9 and earlier, including Amazon, Capri Holdings, CVS Health and VF Corporation.
August 10, 2020 Insight Report Premium US and China Quarterly Economic Update, 2Q20: Coronavirus Tanks US Economy; China Bounces Back to GrowthIn this report, we discuss macroeconomic indicators from the US and China—including GDP and industrial production. Recently released data show the US economy being severely impacted by the coronavirus crisis, with the second quarter of 2020 being its worst on record—although there were signs of recovery in June. Meanwhile, China’s economy has returned to modest growth.
August 10, 2020 Event Coverage Register for Free Access Coresight Research x Zebra: Leveraging Data To Tackle Changing Consumer Buying BehaviorCoresight Research & Zebra hosted Andrea Weiss, Founding Partner of The O Alliance, and David Aquino, former COO of SharkNinja, to discuss changes in consumer buying behavior in the retail sector due to the coronavirus pandemic. We present an edited version of our conversation—covering key topics such as labor requirements, the need for business intelligence, and top priorities for data and technology in the new environment.
August 9, 2020 Analyst Corner Register for Free Access Weinswig’s Weekly: Up, Up, Up! Retail Sales Rise Year over Year in the US, the UK and GermanyThis week’s note “From the Desk of Deborah Weinswig” discusses rising retail sales in the US, the UK and Germany.
August 7, 2020 Insight Report Premium Costco Monthly Sales, July 2020: Comp Growth Accelerates Further, but E-Commerce Growth DeceleratesCostco’s global same-store sales increased year over year in July. Reflecting a return to stores by shoppers, the acceleration in total comparable sales growth came despite a slowing in e-commerce growth. We review the comparable sales metrics reported by Costco for July 2020 and consider the factors that impacted results—including currency fluctuations and gasoline price deflation.
August 7, 2020 Store Tracker Databank Members Weekly US and UK Store Openings and Closures Tracker 2020, Week 32: Lord & Taylor and Tailored Brands File for BankruptcyOur Weekly US and UK Store Openings and Closures Tracker reports on store closures, openings and bankruptcies. This week, there are highlights from Lord & Taylor and Tailored Brands in the US, and Amazon, DW Sports and Hotter in the UK
August 6, 2020 Insight Report Premium Americans with Disabilities Act Celebrates 30 Years—Opportunities Still Exist for Inclusion, Education and Adaptive ApparelFollowing the 30-year anniversary of the ADA, we look at how inclusion for people with disabilities is being realized in the US and the role that adaptive apparel can play in facilitating this. We also discuss the opportunity that we see for brands and retailers to enter the adaptive apparel and footwear market and develop innovations to serve the community.
August 6, 2020 Insight Report Premium Retail Reimagined: Implementing Contact-Light Retail To Deliver a Safe and Convenient Shopping ProcessAs part of our Retail Reimagined series, which explores the outlook for retail in a post-crisis world, we discuss how retailers are implementing contact-light retail operations to minimize contact for the consumer during the shopping journey. We discuss curbside pickup, cashierless stores, contactless payment and vending machines.
August 6, 2020 Insight Report Register for Free Access US CPG Sales Tracker: Consumers Stick With Online CPG Shopping, Even as Stores ReopenThe Coresight Research and IRI monthly US CPG Sales Tracker provides our data-driven insights into online sales trends in the US CPG industry—covering the product categories of food & beverage; health & beauty; and general merchandise & homecare. In this report, we present five key insights from June 2020.
August 6, 2020 Event Coverage Register for Free Access Open for Business with Joel Anderson, Five Below: Staying Resilient and Adapting to the New EnvironmentAs part of our Open for Business webinar series, we hosted Joel Anderson, President and CEO of discount-store chain Five Below, Inc. We present an edited transcript from this webinar, in which Anderson offered insights into how the company has adapted to the changing environment and consumer behaviors amid the coronavirus crisis—covering key topics such as store reopening and self-checkout.
August 6, 2020 Free Report Three Things You Need To Know: Market Overview—US Grocery Retailers—Surge in Online Demand To Scale Up Automation in FulfillmentWe present Three Things You Need To Know on Market Overview: US Grocery Retailers—Surge in Online Demand To Scale Up Automation in Fulfillment.
August 5, 2020 Event Coverage Register for Free Access Exploring Covid-19 Recovery with Ethan Chernofsky, Placer.ai: A Retail Turning Point or a Return to Status Quo?Coresight Research hosted Ethan Chernofsky, VP of Marketing at Placer.ai, in a webinar to discuss the future of US retail and the impacts of the Covid-19 crisis. We present an edited transcript from this webinar, which offers insights into the return of traffic to malls, mission-driven shopping and channel innovation in grocery, and retailers’ market positioning in the changing landscapes of different sectors.
August 5, 2020 Deep Dive Free Report Measuring the Value of Retail Data Sharing and AnalyticsWe discuss the processes, opportunities and challenges in retailers and vendors sharing inventory and point-of-sale data. We highlight key findings from interviews with suppliers and vendors, as well as a Coresight Research survey of such companies, to examine the benefits of, and best practices for, data sharing.
August 5, 2020 Free Report Three Things You Need To Know: US Store Closures—Department Store Closures Exacerbate Challenges Faced by Mall OwnersWe present Three Things You Need To Know on US Store Closures: Department Store Closures Exacerbate Challenges Faced by Mall Owners.
