Coronavirus Insights: US Retail Braces for Worsening Outbreak

What's Inside

For weeks we’ve witnessed scenes of panic buying as nervous consumers emptied store shelves of products such as toilet paper and other staples. The situation changed quickly over the March 14-15 weekend as state and local governments began announcing plans for ordered or strongly suggested retail closings. Coresight Research visited stores in New York City and saw some interesting—and unexpected—trends.

This report looks at:

• What consumers are doing to cope with spending more time at home—and what it means for retail.
• How Americans are finding a substitute for hard-to-find toilet paper.
• The impact on luxury and the psychology of luxury purchases in uncertain times.

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