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RetailTech: Forecasting Capex Trends during Covid-19, Incorporating an Analysis of the GFC

What's Inside

Part of Coresight Research’s RetailTech series of deep dives into retail technology, this report analyzes tech and non-tech capital spending in US retail. We estimate the impact of the coronavirus on capital expenditure in 2020 and 2021, informed by our comparisons of the pandemic to the Global Financial Crisis of 2007–2009, which represented a similar major disruption to the global economy.

We also summarize announcements that US retailers have made so far in 2020 to cut capital expenditure, operating expenses and other financial items due to the coronavirus crisis. The appendix includes our analysis of the capital expenditure of six major US retailers—JCPenney, Kohl’s, Nordstrom, Target, TJX and Walmart—as well as a pre-coronavirus outlook for reference.

Click here to read more from our RetailTech series or to discover other Coresight Research coverage of retail technology.

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