February 14, 2020 Insight Report Premium Valentine’s Day: Making It SustainableIn the US, this year’s Valentine’s Day is set to be another record-breaker for spending, predicted to be up some 32% over last year. But how sustainable is Valentine’s Day?
February 14, 2020 Store Tracker Databank Members Weekly US and UK Store Openings and Closures Tracker 2020, Week 7: Skechers Plans To Open More StoresOur Weekly US and UK Store Openings and Closures Tracker reports on store closures, openings and bankruptcies. This week, there are highlights from Skechers and Under Armour in the US and Beales in the UK.
February 14, 2020 Flash Report Register for Free Access Google Cloud Closes $2.6 Billion Acquisition of Analytics Company LookerGoogle Cloud’s $2.6 billion acquisition of analytics company Looker shows how the company is working hard to expand the capabilities of its fast-growing cloud business. The company has been developing its own capabilities but also using acquisitions to more quickly move into new service areas.
February 13, 2020 Flash Report Register for Free Access Coronavirus Briefing: What Can We Learn from the Swine Flu Pandemic of 2009?We compare the coronavirus outbreak to the swine flu pandemic of 2009, assessing the worldwide social and economic impact of each. With the coronavirus on the verge of becoming a pandemic, we consider the actions that governments are taking to prevent its spread, as well as the significant threat it could pose to global economic growth.
February 13, 2020 Event Coverage Register for Free Access Highlights from the “Introduction to Tmall Global” Webinar: International Opportunities and the Livestreaming TrendTmall Global held a webinar to promote its online prowess in the fast-growing China market, where younger consumers are embracing new purchasing channels—and shedding their parents’ frugal spending habits.
February 13, 2020 Insight Report Premium The 4-5-4 US Retail Calendar, 2020–21: Your Guide to the Retail YearThe 4-5-4 US retail calendar is a guide to the fiscal year ending January 30, 2021. The calendar is used by many US retailers; it ensures comparability between years by dividing the year into months based on a 4 weeks–5 weeks–4 weeks format.
February 12, 2020 Insight Report Premium 2020 Tax Tracker, Week 1: Tax Season Off to a Slow Start with 1.6% Decline in FilingsThe IRS kicked off the 2020 tax filing season on January 27 when it began accepting tax returns for 2019. The IRS expects to process over 150 million individual tax returns in 2020.
February 12, 2020 Flash Report Register for Free Access Coronavirus Briefing: Assessing the Impact on the Global Luxury MarketChinese outbound tourism has plummeted following the coronavirus outbreak—hitting hard luxury brands and retailers that have in recent years come to rely heavily on these consumers. How have luxury brands reacted, and what is their exposure?
February 12, 2020 Flash Report Register for Free Access Simon Property Group To Acquire Taubman Centers for $3.6 BillionOn February 10, 2019, Simon Property Group announced plans to acquire 80% of Taubman Realty in a deal valued at approximately $3.6 billion. Simon clearly sees value in Taubman: At $52.50 per share in cash, the deal represents a 51% premium to Taubman’s closing price on February 7.
February 12, 2020 Insight Report Premium January 2020 US Same-Store Sales: Costco Sales Remain Strong as Holiday Momentum FadesUS same store sales got a solid boost in December by the late Thanksgiving that pushed Black Friday to late in the month and Cyber Monday sales into the following month. Costco and Buckle both reported strong same store sales growth in January against tough December comparisons.
February 11, 2020 Deep Dive Premium Is Omnichannel the Future for Furniture Retail?In the furniture sector, e-commerce continues to grow rapidly as cross-channel shopping trends evolve. The shopping journey is therefore becoming more complex, and retailers are being forced to rethink how they engage with customers. We explore how major players in the home furnishing market are investing in omnichannel transformation, as well as the challenges associated with this type of strategy.
February 11, 2020 Event Coverage Register for Free Access Fashinnovation Event Showcases Exciting New Trends in Fashion InnovationThe Coresight Research team was in New York for the Fashinnovation conference on February 5. The conference brought together fashion thought leaders including heads of business, fashion designers and innovators.
February 10, 2020 Insight Report Premium US and China Quarterly Economic Update: Growth Stagnates in Both Countries in 4Q19Recently released data from the US and China show both economies slowing in the fourth quarter of 2019. The ongoing trade dispute had already done some damage, then the coronavirus came along, delivering another blow.
February 10, 2020 Insight Report Premium Global Tourism: Improved Infrastructure and Enhanced Shopping Experiences Are Driving Airport Retail SalesAs part of our quarterly Global Tourism series—which discusses domestic and international tourism themes and trends—we explore the booming airport retail market. Key factors contributing to the growth of the sector include the influence of Chinese travelers, the rise of budget airlines and enhanced shopping experiences and customer engagement.
February 9, 2020 Analyst Corner Register for Free Access Weinswig’s Weekly—February 9, 2020This week’s note “From the Desk of Deborah Weinswig” looks at whether Macy’s new turnaround plan goes far enough.
