Product TypeInsight Report Product TypeInsight Report | February 25, 2021 premium Chinese New Year Review: Retail Sales See Impressive Year-Over-Year Growth Against Weak 2020 The Chinese government encouraged people to stay put for the recent Chinese New Year festival, impacting more than 100 million people who would typically return home for the holiday each year. We discuss retail sales over the holiday, including the impact of people not returning home on consumer spending. Read More
Product TypeInsight Report Product TypeInsight Report | February 24, 2021 premium US Retail’s Updated Gift Card Guidelines: Accounting for Breakage and Bankruptcy US retailers witnessed a surge in gift cards sales in 2020. We discuss how US retailers account for gift cards under the updated revenue recognition model issued by the Financial Accounting Standards Board (FASB). We cover how retailers record sales and redemptions of gift cards, as well as the two methods of accounting for unredeemed gift cards under FASB’s Accounting Standards Codification (ASC) 606 update. We also explore retailers’ liabilities toward gift card holders in the event of bankruptcy and liquidation.Read More
Product TypeInsight Report Product TypeInsight Report | February 24, 2021 premium January 2021 Monthly Consumer Update: US, UK and China Analyzing consumer demand in January 2021, we strong retail sales growth in the US, while the UK posted its second consecutive month of decline. China maintained growth momentum its latest retail sales figures from December. We also consider wage growth and food and fuel prices in these three markets.Read More
Product TypeInsight Report Product TypeInsight Report | February 23, 2021 premium India Retail Insights: India Embraces Social Commerce, Bypassing Traditional E-Commerce In our India Retail Insights series, we will explore the impact of consumer behavior, government regulations, macroeconomic developments, the competitive landscape, and retail tech startups on the evolution of India’s retail sector. In this report, we explore the burgeoning social commerce segment of e-commerce in India. Read More
Product TypeInsight Report Product TypeInsight Report | February 23, 2021 premium The New Value Retailers: Online Marketplaces Challenge Brick-and-Mortar Budget Formats The value retail sector is expanding beyond traditional brick-and-mortar budget formats (including discount variety retailers such as dollar stores) with the emergence of online value marketplaces. We see the growth of these e-commerce platforms as presenting challenges to predominantly offline retailers in the value retail sector. We discuss the key online players, with a focus on the US, the UK and China.Read More
Product TypeInsight Report Product TypeInsight Report | February 22, 2021 premium Earnings Insights 4Q20, Week 3: Walmart and CVS Health Remain Strong, While L’Oréal Sees Recovery Our weekly Earnings Insights reports feature highlights from recent management commentary at major US retailers as they report fourth-quarter 2020 earnings. This week, there are highlights from companies that reported in the week ended February 21—namely, beauty brand owner L’Oréal, drugstore retailer CVS Health and mass merchandiser Walmart. Read More
Product TypeInsight Report Product TypeInsight Report | February 22, 2021 Register for free access US Consumer Tracker: Where Are High-Income Consumers Cutting Spending? (Select Findings) This free report features select findings from our latest survey of US consumers, undertaken on February 15, which asked respondents about their behavior, sentiment and expectations amid the coronavirus crisis.Read More
Product TypeInsight Report Product TypeInsight Report | February 22, 2021 premium January 2021 UK Retail Sales: Sales Slide Further amid Lockdown We review data for UK retail in total and by sector for January 2021. Retail sales struggled in January following a disappointing December, brought down by continued poor performance from apparel and footwear retailers as nonessential retailers have been forced to close amid the latest Covid-19 lockdowns.Read More
Product TypeInsight Report Product TypeInsight Report | February 19, 2021 premium January 2021 US Retail Traffic and In-Store Metrics: Traffic Declines by 32%, Heading for Gradual Recovery January 2021 saw a total US nonfood store traffic decline of 32.1% year over year, the best performance seen in terms of traffic since February 2020. We review weekly shopper traffic trends through the month, as well as traffic by retailer vertical, region and retailer location type. Read More
Product TypeInsight Report Product TypeInsight Report | February 18, 2021 premium Coresight Research x Blue Yonder Retail Insights: US Retailers Prioritize Local Sourcing While Consumers Demand Faster Delivery Coresight Research and Blue Yonder conducted two surveys in early January 2021 to understand US retailers’ strategies around local sourcing and the impact of Covid-19 on US consumers’ shopping behaviors. We discuss our findings in this report, including insights into the degree to which retailers’ perceptions and strategic priorities are aligning with consumer expectations in the current environment.Read More
Product TypeInsight Report Product TypeInsight Report | February 18, 2021 premium January 2021 US Retail Sales: Stimulus Boosts January Retail Sales Growth US retail sales growth accelerated to nearly 11% in January 2021, as stimulus checks boosted consumer spending. Using data from the US Census Bureau, this report looks at which retail sectors saw sales surge and which did not do well in January 2021.Read More
Product TypeInsight Report Product TypeInsight Report | February 17, 2021 premium US Warehouse Clubs and Dollar Stores Forge Ahead with Omnichannel Initiatives and Physical Expansion Continuing to ride on the pandemic-driven e-commerce wave of 2020, warehouse clubs and dollar stores are likely to remain in growth mode through 2021 and beyond. We look at the omnichannel initiatives and real estate expansion plans of major warehouse clubs (BJ’s Wholesale Club, Costco and Sam’s Club) and discount variety storers (dollar stores Dollar General and Dollar Tree, as well as discount retailers Big Lots and Five Below) in the US as they aim to attract and retain consumers across the income spectrum. Read More
Product TypeInsight Report Product TypeInsight Report | February 16, 2021 premium US Housing Market Macro Overview Our Housing Market Macro Overview report offers the latest insights into the state of the US housing landscape. We cover nine recent metrics for the US market, including existing home sales, the Housing Affordability Index (HAI) and the Pending Home Sales Index (PHSI). Read More
Product TypeInsight Report Product TypeInsight Report | February 16, 2021 premium Frictionless Grocery: Pandemic Ushers In Smart Checkout Technologies Alongside the shift to e-commerce, the Covid-19 pandemic has been driving the digitalization of grocery at brick-and-mortar locations. In this report, we discuss three smart checkout technologies that grocery retailers are increasingly implementing in stores to meet heightened consumer demand for convenience, safety and efficiency in the physical shopping journey: automated checkout, smart carts and scan-and-go.Read More
Product TypeInsight Report Product TypeInsight Report | February 15, 2021 Register for free access US Consumer Tracker: Consumers Spend Stimulus Checks on Bills and Essentials (Select Findings) This free report features select findings from our latest survey of US consumers, undertaken on February 8, which asked respondents about their behavior, sentiment and expectations amid the coronavirus crisis.Read More
