Insight Report | November 17, 2020 Premium October 2020 US Retail Sales: Further Double-Digit Year-over-Year GrowthUS retail sales continued to rebound strongly in October, following September’s extraordinary growth. Using data from the US Census Bureau, this report looks at which retail sectors saw sales surge and which did not do well in October 2020. Read More
Market Outlook | November 17, 2020 Premium US Home and Home-Improvement Retail: Post-Crisis Outlook—Fall 2020 UpdateWe explore the continued impacts of the Covid-19 crisis on the US home and home-improvement sector and present an outlook for the remainder of 2020 and into 2021. To analyze the sector, we look closely at select US retailers—including Home Depot, Lowe’s RH and Willams-Sonoma—as well as the effects of consumer trends in e-commerce. Read More
Insight Report | November 11, 2020 Premium October 2020 US Retail Traffic and In-Store Metrics: Traffic Declines by 35%, and More Steeply Toward the End of the MonthOctober 2020 saw a total US nonfood store traffic decline of nearly 35% year over year, as the number of new Covid-19 cases increased. 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 | November 6, 2020 Premium US and China Quarterly Economic Update, 3Q20: Recovery in Both Countries, but Covid-19 Resurgence Could Slow Growth in the USIn this report, we discuss macroeconomic indicators from the US and China—including GDP and industrial production. Recently released data show recovery in both the US and China, although the resurgence of Covid-19 in the US could slow growth. Meanwhile, China’s economy expanded further—building on the previous quarter. Read More
Flash Report | November 5, 2020 Register for Free Access Singles’ Day 2020: Early Observations of Alibaba’s Double 11In China, Alibaba’s 11.11 Global Shopping Festival 2020 held its first sale period at 12:00 a.m. on November 1–3, following a pre-sale on October 21–31. In this free report, we present some early sales results from the first round of this year’s Singles’ Day event and discuss our observations so far, covering livestreaming and order fulfillment. Read More
Market Outlook | November 5, 2020 Premium Market Outlook: Understanding China’s $5 Trillion Retail SectorIn this Market Outlook, we explore China’s retail sector. We analyze data on the sector’s size and present our estimates for growth in the remainder of 2020 and into 2021. We profile China’s leading retail companies and outline the composition and trajectory of the retail market. This report also discusses a number of key themes in the market—including e-commerce as a driver of sector consolidation, high consumer demand in certain product categories, sales growth among domestic beauty brands and opportunities in the duty-free format. Read More
Insight Report | November 4, 2020 Premium Holiday 2020: UK Retail Outlook Update—November Lockdown To Slam RetailWe provide an update on our estimates for the UK retail outlook for holiday 2020, following UK Prime Minister Boris Johnson’s announcement on October 31 of a four-week lockdown in England beginning November 5. We discuss the impacts of the lockdown on nonessential retailers. We also explore our predictions for underlying holiday gifting demand, the implications of excess inventory for retailers into 2021 and our expectations for a renewed wave of UK store closures. Read More
Insight Report | November 4, 2020 Premium Holiday 2020: Five Predictions for US RetailThe shape and scale of consumer demand during the holiday peak is less certain than ever due to the Covid-19 pandemic. We present five predictions for US retail for the 2020 holiday season, covering consumer shopping plans for Black Friday and Thanksgiving; the rise of e-commerce this holiday; online grocery demand; and an evolving gifting mix, with gift cards presenting an opportunity for retailers. Read More
Insight Report | October 30, 2020 Premium September 2020 Monthly Consumer Update: US, UK and ChinaAnalyzing consumer demand in September 2020, we saw exceptional retail sales growth in the US, while the UK maintained growth momentum and China reported positive sales growth for the second consecutive month. We also consider wage growth and food and fuel prices in these three markets. Read More
Insight Report | October 29, 2020 Register for Free Access Holiday 2020: UK Retail Outlook—Over 40% of Nonfood Sales Set To Be OnlineWe provide our estimates for the UK retail outlook for holiday 2020, covering expected total retail sales growth and demand by category. We discuss the impacts of coronavirus-related restrictions and capacity challenges on the scale of peak-season sales this year. We also present estimates for UK online retail sales in the holiday quarter. Read More
Insight Report | October 28, 2020 Register for Free Access Brand Journeys to Singles’ Day 2020: #2—C.O. Bigelow Employs Heritage Marketing Strategy in ChinaHosted on November 11, Singles’ Day is the world’s largest online shopping festival. Coresight Research’s Brand Journeys to Singles’ Day 2020 series profiles 11 US and international small- and medium-sized brands with insights into their Tmall Global strategy in the run up to the shopping event. For our second report in the series, we profile C.O. Bigelow and discuss the brand’s heritage marketing strategy in its Tmall Global journey. Read More
Insight Report | October 27, 2020 Register for Free Access Brand Journeys to Singles’ Day 2020: #1—Uncle Bud’s Leverages Celebrity Influence for China DebutHosted on November 11, Alibaba’s Singles’ Day is the world’s largest online shopping festival. Coresight Research’s Brand Journeys to Singles’ Day 2020 series profiles 11 US and international small- and medium-sized brands with insights into their Tmall Global strategy in the run-up to the shopping event. To kick off the series, we profile Uncle Bud’s and discuss the importance of key opinion leaders (KOLs) in the brand’s Tmall Global journey. Read More
Insight Report | October 26, 2020 Premium September 2020 UK Retail Sales: Home Improvement and Online Strengthen Total Sales ExpansionThe rebound of UK retail sales maintained momentum in September for the fifth consecutive month. Total growth was supported by online sales and the DIY and hardware sector. We review September data for UK retail in total and by sector. Read More
Event Coverage | October 20, 2020 Register for Free Access Revolutionizing Grocery in the New Era of Retail: Key Insights from the California Grocers Association Strategic ConferenceDeborah Weinswig, CEO and Founder of Coresight Research, spoke at the California Grocers Association Strategic Conference, providing insights into the trends shaping the future of the grocery sector. We present key takeaways from the event, including the challenges that grocers face in today’s retail world and the future of the omnichannel grocery shopping experience and supply chain. Read More
Insight Report | October 20, 2020 Premium The 12 Weeks of Holidays: #4—US Consumer Spending Shifts in Five ChartsContinuing our 12 Weeks of Holidays series, we provide findings on how US consumer spending and retail sales have shifted amid Covid-19—and how they will change further for the holiday season. We consider the opportunities for retailers and provide recommendations to build sales this holiday season. Read More
