Market Outlook | October 20, 2020 Premium US Department Stores: Post-Crisis Outlook—Fall 2020 UpdateWe explore the continued impacts of the Covid-19 crisis on the US department store sector and present an outlook for the remainder of 2020 and into 2021. In addition to discussing major players in the department store sector, we explore key trends to provide insight and analysis on focus sales categories, delivery services, fulfillment and digital sales. We summarize our key estimates in an infographic. Read More
Insight Report | October 19, 2020 Free Report 10 Takeaways from the 10.10 Shopping Festival, a New, Global, Charitable Shopping EventCoresight Research kicked off the holiday shopping season with its global 10.10 Shopping Festival, which engaged consumers, drove brand awareness and sparked a revitalization of retail. The new event was held on October 9–12 in collaboration with Shopkick, Fashwire and an exciting array of charities and supporting partners, retailers and brands. We present 10 key takeaways from the 10.10 Shopping Festival, exploring its success, its central theme of charitable giveback, and the pull-forward of holiday spending. Read More
Insight Report | October 19, 2020 Premium September 2020 US Retail Sales: Total Sales Jump 12%; Declines Ease in Apparel While Several Nonfood Sectors SurgeAmid still difficult circumstances, US retail sales saw an extraordinary year-over-year jump in September, fueled by strong growth in several sectors. Using data from the US Census Bureau, this report looks at which retail sectors saw sales surge and which did not do well in September 2020. Read More
Insight Report | October 16, 2020 Premium September 2020 US Retail Traffic and In-Store Metrics: Traffic Decline Eases to 34%September 2020 saw the total US nonfood store traffic decline ease to 34% year over year from deeper declines in August, as many states revisited their reopening plans of indoor malls. 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 | October 15, 2020 Register for Free Access Holiday 2020: US Retail Outlook—Five Reasons Why We’re Looking for 5% GrowthWe provide our first estimates for the US retail outlook for holiday 2020, covering expected total retail sales growth and demand by category and sector. We discuss five factors supporting our estimates—including food retail demand, a switch from services to products, and earlier holiday shopping in October. We also consider three wildcards that could have hard-to-predict impacts on holiday spending, including the November election outcome and store capacity issues. Read More
Insight Report | October 14, 2020 Premium China’s National Day Wrap-Up: Golden Week Sees Uptick in Discretionary SpendingChina’s National Day holiday ran from October 1 through October 8 this year. We discuss data and offer insights into consumption patterns and behaviors among Chinese tourists during Golden Week 2020, covering travel revenue, retail sales, spending in discretionary categories and food-service revenue. We also consider travel to Macau and the popularity of duty-free shopping. Read More
Market Outlook | October 13, 2020 Premium US Apparel Retail: Post-Crisis Outlook—Fall 2020 UpdateWe explore the continued impacts of the Covid-19 crisis on the US apparel retail sector and present an outlook for the remainder of 2020 and into 2021. In addition to commentary from US apparel brands and retailers, we discuss the adoption of new selling models, expansion in the digital channel and technological innovation, among other key trends. We summarize our key estimates in an infographic. Read More
Insight Report | October 8, 2020 Free Report 10 Things To Know About the Perfect 10 Shopping Festival: Coresight Research Launches the Global 10.10 Shopping FestivalCoresight Research is kicking off the 2020 shopping holiday season with the inaugural 10.10 Shopping Festival, in collaboration with shopping rewards app Shopkick, online fashion marketplace Fashwire and an exciting array of charities, supporting partners, retailers and brands. We highlight the 10 things you need to know, including which retailers will participate in 10.10 and what proportion of consumers expect to shop the event. Read More
Insight Report | October 3, 2020 Premium Coronavirus Tracker: Retail Metrics and Key DevelopmentsCoresight Research’s Coronavirus Tracker includes a timeline of key developments; details temporary US store closures and reopenings; charts weekly data on shoppers’ purchasing behaviors; and notes US retail hirings and US states’ reopening dates for businesses. Read More
Insight Report | September 30, 2020 Premium August 2020 Monthly Consumer Update: US, UK and ChinaAnalyzing consumer demand in August 2020, we saw the US and the UK maintain strong growth momentum, while China continued to see a rebound. Read More
Flash Report | September 21, 2020 Register for Free Access Coresight Research, Shopkick and Fashwire Introduce the New 10.10 Shopping FestivalTogether with Shopkick and Fashwire, Coresight Research is excited to announce the inaugural 10.10 Shopping Festival, a US-based event that will take place on October 9–11, 2020. We detail the rationale behind launching the event, the participation of the partner companies and the opportunities that this new shopping festival offers to brands, retailers and consumers. With both an online and offline presence, 10.10 will provide a gamified shopping experience and pull forward holiday shopping this year. Read More
Insight Report | September 21, 2020 Premium August 2020 UK Retail Sales: Rebound Continues, Underpinned by Online Sales and Big-Ticket SectorsThe rebound of UK retail sales maintained momentum in August, after returning to pre-crisis levels in July. Total growth was supported by online sales and big-ticket sectors. We review August data for UK retail in total and by sector. Read More
Insight Report | September 18, 2020 Premium August 2020 US Retail Traffic and In-Store Metrics: Traffic Declines by 41%, Easing Toward the End of the MonthAugust 2020 saw total US nonfood store traffic decline by nearly 41% year over year, with nonessential businesses continuing to reopen and some states revisiting their reopening plans on indoor malls as the spikes in coronavirus cases slowed toward the end of the month. We review store traffic changes through the month and the sectors most impacted by the current crisis. Read More
Insight Report | September 17, 2020 Premium August 2020 US Retail Sales: Further Strong Year-over-Year GrowthBuilding on strong growth momentum in total US retail sales in July 2020, US retail sales continued to rebound strongly in August, driven by multiple nonfood sectors—including sports and leisure goods and home improvement. Using data from the US Census Bureau, this report looks at which retail sectors saw sales surge and which did not do well in August 2020. Read More
Event Coverage | September 9, 2020 Register for Free Access Big Data in Brick-and-Mortar Retail, with Michael Brackett, Centricity: Optimizing Inventory Assortment and Product DevelopmentOn August 25, 2020, Coresight Research hosted Michael Brackett, CEO and Founder of data analytics provider Centricity, to discuss how data-driven insights can inform more efficient inventory planning and product development. We present key insights from the webinar. Read More
