April 13, 2020 Deep Dive Premium Coronavirus Insights: US Survey Update—Many Shoppers Fear Longer-Term Impacts, Threatening the Holiday Season (Full Report)Our latest survey report provides a detailed update on US consumers’ behaviors, concerns and expectations amid the coronavirus crisis. Our consumer survey, undertaken on April 8, updates findings from prior weekly surveys.
April 12, 2020 Analyst Corner Register for Free Access Weinswig’s Weekly—April 12, 2020This week’s note “From the Desk of Deborah Weinswig” looks at how US retailers are hunkering down to survive a recession.
April 10, 2020 Store Tracker Databank Members Weekly US and UK Store Openings and Closures Tracker 2020, Week 15: Dean & DeLuca Files for Chapter 11 BankruptcyOur Weekly US and UK Store Openings and Closures Tracker reports on store closures, openings and bankruptcies. This week, there are highlights from Dean & DeLuca and Walgreens in the US and Arcadia Group, Debenhams and Walgreens Boots Alliance in the UK.
April 10, 2020 Insight Report Premium March 2020 US Retail Traffic and In-Store Metrics: Traffic Falls by Over 60%, and Much More Steeply Toward the End of the MonthMarch 2020 saw a significant decline in US retail traffic amidst the coronavirus pandemic, heavily impacted by the store shutdowns implemented from the middle of the month. We review store traffic changes through the month and the sectors most impacted by the current crisis. We also consider key findings from a survey by RetailNext, which highlights the widely held belief that the pandemic will have long-term effects on retail.
April 9, 2020 Insight Report Premium Faced with Weak Domestic Markets, It Is Time for Western Retailers and Brands To Join Singles’ Day 2020The coronavirus pandemic has had a global impact, and the retail industry has been hit hard. With many brands and retailers currently focusing on short-term survival, we look ahead to the opportunities that they could plan to leverage from the Singles’ Day shopping event on November 11, 2020.
April 9, 2020 Insight Report Premium Xcel Brands x Coresight Research Monthly Fashion Trend Report: April 2020—Top Trends Include Square-Neck Dresses and Cropped CardigansThe Monthly Fashion Trend Report highlights the top growing and accelerating fashion silhouettes that consumers are searching for and provides actionable insights for functional business units. This report looks at the square-necked dresses and cropped cardigans.
April 9, 2020 Event Presentation Premium Xcel Brands x Coresight Research Monthly Fashion Trend Data Report: April 2020The Monthly Fashion Trend Data Report highlights the top growing and accelerating fashion silhouettes that consumers are searching for and provides actionable insights for functional business units. This report looks at the square-necked dress and cropped cardigan, among other popular apparel items.
April 9, 2020 Insight Report Premium US Grocery Pop-Ups: Amid the Coronavirus Outbreak, Nonretailers Launch Grocery Pop-Up Stores To Meet Local NeedsThe coronavirus outbreak has prompted nongrocery companies in the US to open pop-up stores, through which they can sell inventory to local consumers. There are examples of this phenomenon in the restaurant sector, as many US states have banned restaurant dining due to the pandemic. We discuss examples of recently launched grocery pop-up stores in the US and consider the future of the format in the grocery sector when the coronavirus crisis is over.
April 8, 2020 Insight Report Premium East-to-West Learnings: How Chinese Grocery Retailers Have Enhanced Efficiency To Get Food to Consumers during the Coronavirus CrisisDuring the coronavirus crisis, Chinese domestic retailers had to react quickly to the new reality of shopping in a nationwide lockdown. We discuss the actions taken by grocery retailers to enhance efficiency in response to a surge in demand, as well as the launch of other initiatives, such as creating product bundles and forming collaborations with other industry players. We consider how learnings from these examples could be applied to other markets.
April 8, 2020 Flash Report Register for Free Access Macy’s CFO Announces Departure, One Week after Companywide Furlough and Delisting from S&P 500Macy’s has seen a string of developments in the past week, with the latest being the departure of its CFO, effective May 31, 2020. This comes on the heels of a companywide furlough and the company’s delisting from the S&P 500 last week.
April 8, 2020 Insight Report Premium 2020 Tax Tracker, Week 9: Tax Filings Slow Down, Average Refund Up $35 from Last YearAs of week nine of the US tax refund season, the number of returns processed by the IRS is down year over year. With the IRS temporarily closing down all Taxpayer Assistance Centers and suspending all in-person customer service nationwide due to the coronavirus crisis, a high number of taxpayers used the IRS website for information.
April 8, 2020 Insight Report Premium US Easter Retail Preview 2020: Retailers Must Offer Optimism and Seize the Few Opportunities amid Coronavirus CrisisWith Easter just around the corner, we assess the planned spending of US consumers on the holiday this year amid the coronavirus crisis. We consider the outlook for retail this Easter in light of current shopping trends and propose actions that retailers could take to engage with consumers over the holiday—both to drive sales in the short term and to build stronger customer relationships for long-term gains.
April 8, 2020 Flash Report Register for Free Access Gap Cancels Shipments of Summer Orders and Stops Fall Production due to the Coronavirus Pandemic: Retailers Prepare for the Long HaulFollowing the temporary closure of all of its stores from March 19, Gap Inc. is reportedly going to cancel shipments of summer order and halt fall production due to the impacts of the ongoing coronavirus pandemic. We outline the measures that the company is said to be taking and consider the wider disruption of the outbreak on retail supply chains.
April 7, 2020 Insight Report Premium AI in Retail: Accelerating Digital TransformationIn our AI in Retail series, we discuss how artificial intelligence (AI) is transforming the way retailers operate and interact with customers. This report discusses the growing adoption of AI in retail and beyond, and the state of global funding in AI startups over the past four years. We also outline recent industry developments in the context of the current coronavirus pandemic.
April 7, 2020 Deep Dive Premium New Retail Models in the Global Beauty MarketAs part of our series exploring new models of retailing across different sectors and channels, we focus on the innovative strategies being implemented by brands and retailers in the global beauty market, including Sephora and Ulta Beauty. We discuss how brands are leveraging technologies to improve the shopping experience, implementing save-a-sale programs and embracing cross-channel retail to drive shopper engagement.
