Insight Report | September 2, 2020 Premium The 12 Questions of US Holiday Retail 2020: Part 2—The Consumer’s Propensity To SpendCoresight Research has 12 questions about the upcoming holiday selling season, which promises to be the most interesting in our team’s collective memory. In this second report of the series, we present and provide answers to three questions, which focus on the US consumer’s propensity to spend. We consider how the employment situation, a “wealth effect” and the upcoming presidential election will impact holiday spending. Read More
Insight Report | September 1, 2020 Premium The 12 Questions of US Holiday Retail 2020: Part 1—Changed Consumer BehaviorCoresight Research has 12 questions about the upcoming holiday selling season, which promises to be the most interesting in our team’s collective memory. In this first report of the series, we present and provide answers to our first four questions, which focus on changed consumer behaviors. We consider the potential impacts of social distancing, work-from-home trends and reduced gifting opportunities on holiday spending this year. Read More
Event Coverage | August 27, 2020 Register for Free Access Leveraging Data Insights and Identifying Opportunity in CPG with Andrew Appel, IRICoresight Research hosted Andrew Appel, President and CEO at IRI, in a webinar to discuss the impact of Covid-19 on the CPG industry and the future of retail. We present an edited transcript from this webinar, which offers insights into changes in consumer shopping behavior amid the pandemic, retailers’ assortments and the challenge of retaining customers, and how retailers can leverage data insights to adapt and succeed in the new environment. Read More
Insight Report | August 27, 2020 Premium July 2020 Monthly Consumer Update: US, UK and ChinaAnalyzing consumer demand in July 2020, we saw the US and the UK maintain growth momentum, while China continued to see improvements. Read More
Insight Report | August 27, 2020 Premium US Back to School 2020: Digital Trends and Digital Learning—Online Sales Set To Be Up Strongly in a Weak Total MarketAs part of our US Back to School 2020 series, we present three insights into digital trends this season—covering e-commerce market share and growth, consumer expectations of how and where they will shop for BTS, and how retailers are promoting digital shopping. We also discuss the role of remote learning in school-reopening plans and how this is impacting BTS shoppers’ spending expectations for online learning. Read More
Event Coverage | August 26, 2020 Register for Free Access Open for Business with Conor Flynn, Kimco Realty: The Future of Retail Real EstateAs part of our Open for Business webinar series, Coresight Research hosted Conor Flynn, CEO of Kimco Realty, to discuss how the REIT is working with tenants at its shopping centers to adapt to the transformed physical retail landscape. We present key insights into the future of retail real estate across three topics: resourceful use of space, tenants as partners and shifting store structures. Read More
Deep Dive | August 26, 2020 Premium Reviewing America’s Retail Bankruptcies amid the Coronavirus CrisisFollowing a large number of bankruptcy filings in 2019, retail failures have continued apace in 2020, driven by the Covid-19 crisis. We examine notable US bankruptcies from last year and in year-to-date 2020—including Ascena Retail Group, JCPenney, J.Crew and Neiman Marcus—and discuss the major factors behind these filings. Read More
Insight Report | August 24, 2020 Premium July 2020 UK Retail Sales: Big-Ticket and Small Retailers Take Total Growth Back to Pre-Crisis LevelsUK retail sales growth returned to pre-crisis levels in July, building on the significant improvement in June. Total growth was supported by small retailers and big-ticket sectors. We review July data for UK retail in total and by sector. Read More
Event Coverage | August 19, 2020 Register for Free Access Quinyx’s “Evolving to Thrive” Virtual Summit: Deborah Weinswig Explores the New World of RetailWe present key insights from Coresight Research CEO and Founder Deborah Weinswig’s presentation on how the pandemic has rewritten the rules of retail. The presentation was given at Quinyx’s “Evolving to Thrive” virtual summit on August 10, 2020, which hosted cross-sector industry leaders to discuss adapting and reinventing operations and workforces in a post-Covid world. Read More
Insight Report | August 17, 2020 Premium July 2020 US Retail Sales: Strength in Multiple Nonfood Sectors Drives Total Growth to 10%Building on extraordinary growth in June in a post-crisis environment, the strong growth momentum in total US retail sales in July 2020 was driven by multiple nonfood sectors—including sports and leisure goods and home improvement. Using data from the US Census Bureau, we look at which retail sectors saw sales surge and which did not do well in July 2020. Read More
Event Coverage | August 14, 2020 Register for Free Access RevTech Ventures Presents: Fireside Chat with Matt Alexander, Neighborhood Goods—E-Commerce Success During the PandemicWe present key insights from our exclusive fireside chat with Matt Alexander, Co-Founder and CEO of Neighborhood Goods, presented by RevTech Ventures. In this report, we focus on three key topics: people-centric stores, interactive technology and booming digital sales. Read More
Insight Report | August 14, 2020 Premium July 2020 US Retail Traffic and In-Store Metrics: Traffic Declines by 46%, and More Steeply Toward the End of the MonthJuly 2020 saw total US nonfood store traffic decline by 46.4% year over year, worsening from June’s decline as states rolled back reopening plans due to a spike in the number of coronavirus cases. We review store traffic changes through the month and the sectors most impacted by the current crisis. Read More
Event Coverage | August 13, 2020 Register for Free Access Open for Business with Glen Allison, Tractor Supply Company: Pivoting To Meet Consumer Demand in the New Retail LandscapeCoresight Research hosted a webinar with Glenn Allison, VP Information Technology at Tractor Supply Company, to discuss how Tractor Supply pivoted quickly during the pandemic and expanded its reach as an essential retailer. We present key insights from our conversation across three key topics: flexibility, supporting the workforce and leveraging technology. Read More
Insight Report | August 12, 2020 Premium US Back to School 2020: Consumer Survey Update—Further Shift of Spending from In-School to Digital LearningPart of our US Back to School 2020 series, we provide an update on consumer attitudes toward the back-to-school season, based on a recent Coresight Research survey of US consumers. We discuss our findings across three key topics—spending expectations, concerns about Covid-19 and attitudes toward in-store versus online shopping—with a focus on in-school versus online learning. Read More
Insight Report | August 10, 2020 Premium US and China Quarterly Economic Update, 2Q20: Coronavirus Tanks US Economy; China Bounces Back to GrowthIn this report, we discuss macroeconomic indicators from the US and China—including GDP and industrial production. Recently released data show the US economy being severely impacted by the coronavirus crisis, with the second quarter of 2020 being its worst on record—although there were signs of recovery in June. Meanwhile, China’s economy has returned to modest growth. Read More