Macro Economics

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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.

Insight Report | October 15, 2020

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Holiday 2020: US Retail Outlook—Five Reasons Why We’re Looking for 5% Growth

We 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.

Insight Report | October 14, 2020 Premium

China’s National Day Wrap-Up: Golden Week Sees Uptick in Discretionary Spending

China’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.

Market Outlook | October 13, 2020 Premium

US Apparel Retail: Post-Crisis Outlook—Fall 2020 Update

We 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.

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 Festival

Coresight 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.

Insight Report | October 3, 2020 Premium

Coronavirus Tracker: Retail Metrics and Key Developments

Coresight 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.

Insight Report | September 30, 2020 Premium

August 2020 Monthly Consumer Update: US, UK and China

Analyzing consumer demand in August 2020, we saw the US and the UK maintain strong growth momentum, while China continued to see a rebound.

Flash Report | September 21, 2020

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Coresight Research, Shopkick and Fashwire Introduce the New 10.10 Shopping Festival

Together 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.

Insight Report | September 21, 2020 Premium

August 2020 UK Retail Sales: Rebound Continues, Underpinned by Online Sales and Big-Ticket Sectors

The 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.

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 Month

August 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.

Insight Report | September 17, 2020 Premium

August 2020 US Retail Sales: Further Strong Year-over-Year Growth

Building 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.

Event Coverage | September 9, 2020

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Big Data in Brick-and-Mortar Retail, with Michael Brackett, Centricity: Optimizing Inventory Assortment and Product Development

On 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.

Insight Report | September 2, 2020 Premium

The 12 Questions of US Holiday Retail 2020: Part 2—The Consumer’s Propensity To Spend

Coresight 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.

Insight Report | September 1, 2020 Premium

The 12 Questions of US Holiday Retail 2020: Part 1—Changed Consumer Behavior

Coresight 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.

Event Coverage | August 27, 2020

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Leveraging Data Insights and Identifying Opportunity in CPG with Andrew Appel, IRI

Coresight 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.