Insight Report | July 27, 2021 Premium June 2021 Monthly Consumer Update: US, UK and ChinaAnalyzing consumer demand in June 2021, we saw strong retail sales growth in the US, the UK and China. We also consider wage growth and food and fuel prices in these three markets. Read More
Insight Report | July 26, 2021 Premium June 2021 UK Retail Sales: Year-over-Year Growth of 9% Ahead of Complete End to RestrictionsWe review data for UK retail in total and by sector for June 2021. Retail growth slowed for the second consecutive month, but was almost level on a two-year basis. Read More
Insight Report | July 20, 2021 Premium June 2021 US Retail Sales: Total Sales Up 24% on a Two-Year Basis Even as Spending Shifts to ServicesTotal US retail sales, excluding gasoline and automobiles, grew by a strong 12.3% year over year and by 24.2% when compared to 2019 values. Using data from the US Census Bureau, this report looks at which retail sectors saw sales surge and which did not do well in June 2021. Read More
Insight Report | July 19, 2021 Premium June 2021 US Retail Traffic and In-Store Metrics: Two-Year Traffic Declines Lessen Further as More States Lift RestrictionsIn June 2021, total US nonfood store traffic declined by 23.8% on a two-year basis (as compared to June 2019), strengthening from May’s 26.7% two-year decline. We review weekly shopper traffic trends through the month, as well as traffic by retailer vertical, region and retailer location type. Read More
Insight Report | July 19, 2021 Premium June 2021 China Retail Sales: Year-over-Year Growth Steadies at 11%We review the latest data for retail sales in China, in total and by sector. In June 2021, sales growth rebounded slightly, reaching 11.2% year over year, against undemanding pandemic-impacted comparatives from 2020. Read More
Insight Report | July 16, 2021 Premium US Travel Recovery: Part 5—Impacts of a Travel Renaissance on Consumer Spending and Industry EmployeesA rebound in travel and associated spending will benefit millions of low-income US workers who were adversely affected by the steep drop-off in travel in 2020. We examine these benefits and the ripple effects across the entire economy. Read More
Insight Report | July 15, 2021 Premium US Travel Recovery: Part 4—The Slow Rebound of International Travel and Its Implications for RetailInbound international travel will be the final piece of the puzzle to form a full rebound of leisure travel spending in the US but will depend heavily on the pace of vaccination rollouts in other countries. We analyze the slow rebound of international travel and its impacts on US retail. Read More
Insight Report | July 15, 2021 Premium June 2021 Leading Indicators of US Retail Sales: Higher Labor Prices To Help Offset Decline of Stimulus EffectIn our monthly Leading Indicators of US Retail Sales series, we examine several key macroeconomic indicators of US retail sales and analyze how they may impact the industry in the months to come. We analyze the latest available data, as of the end of June 2021, covering income, savings, the job market and housing. Read More
Event Coverage | July 14, 2021 Register for Free Access Coresight Research x LogicSource: Unlocking True Profit Potential Across Not-For-Resale ExpensesWe present three key insights from Coresight Research’s panel discussion with procurement services and technology provider LogicSource, including how data analytics is enabling businesses to slash GNFR expenditure. Read More
Insight Report | July 14, 2021 Premium US Travel Recovery: Part 3—Exploring the Domestic-Focused Travel SurgeUsing proprietary US consumer survey findings, we examine how a strong pickup in domestic travel in the summer of 2021 will impact US retail spending across luxury goods, souvenirs and at travel retail locations. Read More
Deep Dive | July 13, 2021 Premium US Consumer Tracker: Shoppers Turn To Warehouse Clubs for Independence DayOur latest survey report provides a detailed update on US consumer behaviors, concerns and expectations, with a focus on the implications for retail. We present findings on where, how and how much consumers are spending, as well as consumer avoidance of public places and what activities they have done in the past two weeks. Read More
Insight Report | July 13, 2021 Premium US Travel Recovery: Part 2—What Do Dissipating Regional Travel Differences Mean for Retail?The recovery of travel in the US from the heavy impacts of the global Covid-19 pandemic is now fully under way. Using proprietary survey findings, we explore the dissipation of pandemic-led differences in travel by region and the implications for retail. Read More
Insight Report | July 12, 2021 Premium Four Months to Singles’ Day: Five Actions That Brands and Retailers Should Take To Prepare for the FestivalWith four months to go until Singles’ Day, we present five actions that brands and retailers should take to set themselves up for success during this year’s shopping festival—covering social media, sales targets, marketing budgets, inventory planning and customer service. Read More
Insight Report | July 12, 2021 Premium US Travel Recovery: Part 1—A Dichotomous Return to Leisure and Business TravelUsing proprietary survey findings, we analyze the dichotomous recoveries of leisure and business travel in the US and their impact on retail. This report is the first of Coresight Research’s five-part US Travel Recovery series. Read More
Insight Report | July 12, 2021 Premium US Back to School 2021: Return to the Classroom To Drive a Double-Digit Bounce in Retail SpendWith students likely to return to in-person classes this fall, we present our outlook for US back-to-school spending this season. We cover the top spending categories for students from kindergarten through Grade 12, as well as analysis of the current economic backdrop. Read More
