Insight Report | July 31, 2020 Premium June 2020 Monthly Consumer Update: US, UK and ChinaAnalyzing consumer demand in June 2020, we saw a strong rebound in the US and the UK, while China continued to see improvements. Read More
Event Coverage | July 30, 2020 Register for Free Access Coresight Research x Alibaba Group: Finding Growth in the China Market—Tapping the 6.18 Shopping FestivalCoresight Research and Alibaba Group hosted Amanda Baldwin, President at Supergoop!, and Erick Haskell, President of International at Allbirds, in a webinar to discuss how international brands can find growth in the China market by leveraging Alibaba’s Tmall Global e-commerce platform. We present an edited transcript from this webinar, which offers insights into consumer trends in China, the 6.18 shopping festival and the challenges presented by the Covid-19 crisis. Read More
Insight Report | July 28, 2020 Premium US Back to School 2020: The Outlook for Retail amid Uncertainty and a Gloomy Economic BackdropLaunching our US Back to School 2020 series, we outline our expectations for the season this year, which is being shaped by the coronavirus crisis. We discuss the core market drivers behind our estimates of consumer spending in the US—including consumer focus on health and safety, the impact of Covid-19 on discretionary retail, potential school and college reopening models and the economic backdrop. Read More
Insight Report | July 27, 2020 Premium June 2020 UK Retail Sales: Reopening of Nonessential Stores Drives Strong Recovery in Discretionary SectorsUK retail sales saw significant improvement in June and almost reached pre-lockdown levels following the reopening of nonessential stores and the release of pent-up consumer demand. We review June data for UK retail in total and by sector. Read More
Insight Report | July 20, 2020 Premium June 2020 US Retail Traffic and In-Store Metrics: Traffic Declines by 62%, Plateauing Toward the End of the MonthJune 2020 saw total US nonfood store traffic decline by 62% year over year, representing an improvement from May as coronavirus-led lockdowns were lifted. However, we saw the impact of many states’ reversals of reopening guidelines by 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 | July 17, 2020 Premium June 2020 US Retail Sales: Total Sales Jump 9%; Declines Ease in Apparel while Several Nonfood Sectors SurgeDiscretionary sectors witnessed the easing of sales declines in June, suggesting pent-up demand in nonfood categories post lockdowns. On a year-over-year basis, total US retail sales excluding gasoline and automobiles saw extraordinary growth in the context of a post-crisis environment. Read More
Market Outlook | July 9, 2020 Premium US Department Stores: Post-Crisis OutlookWe explore the impacts of the coronavirus crisis on the US department-store sector and present an outlook for the remainder of 2020. This report also highlights technology innovators that may support the sector moving forward. We summarize our key estimates for 2020 and beyond in an infographic. Read More
Event Coverage | July 7, 2020 Register for Free Access Fashinnovation’s Worldwide Talks 2020—Second Edition: Sustainability, Innovation and InclusivityIndustry leaders in the fashion industry came together for two days of discussion amid the coronavirus pandemic. We present key insights from the second edition of Fashinnovation’s Worldwide Talks 2020, a digital event that highlighted the major themes of sustainability and innovation in the fashion industry. Read More
Insight Report | July 6, 2020 Premium Coronavirus Insights: US Luxury Is Well Positioned To Recover Post CrisisAs a discretionary retail sector, luxury was dealt a significant blow by the coronavirus crisis this year. We discuss how the market’s recovery could play out over the next two years, using proprietary consumer survey data. We also take learnings from the Chinese luxury market to provide indicators into future consumer behavior in the US. Read More
Insight Report | June 25, 2020 Premium May 2020 Monthly Consumer Update: US, UK and ChinaAnalyzing consumer demand in May 2020, we saw a partial rebound in the US and the UK after the severe impacts of the Covid-19 crisis in April, while China continued to see improvements. Read More
Insight Report | June 22, 2020 Premium May 2020 UK Retail Sales: Partial Rebound in Discretionary Sector Even Before Most Stores ReopenUK retail sales saw improvement in May after April’s deep declines, aided by a strong performance in DIY and hardware-store sales as these were deemed essential by the government and were thus allowed to stay open during lockdown. Some sectors also began to reopen in May after coronavirus-led temporary closures. We review May data for UK retail in total and by sector. Read More
Insight Report | June 22, 2020 Premium May 2020 US Retail Traffic and In-Store Metrics: Traffic Declines by Over 83%, Slowing Toward the End of the MonthAlthough May 2020 saw a deep year-over-year decline in US store traffic, it represented an improvement from April as many states began to lift coronavirus-led lockdowns. We review store traffic changes through the month and the sectors most impacted by the current crisis. Read More
Insight Report | June 17, 2020 Premium May 2020 US Retail Sales: Total Year-over-Year Growth Turns Positive; Declines at Discretionary Sectors Ease While Food Stores and Nonstore Retailers See Strong GrowthMost sectors witnessed the easing of sales declines in May, as US consumers resumed spending following the reopening of stores post lockdown. Growth in total US retail sales excluding gasoline and automobiles turned positive on a year-over-year basis, driven by double-digit growth at food stores, home-improvement retailers and nonstore retailers. Read More
Market Outlook | June 11, 2020 Premium US Home and Home-Improvement Retail: Post-Crisis OutlookWe explore the impacts of the coronavirus crisis on the home and home-improvement sector—including on sales, spending, store closures and retailer bankruptcies—and present an outlook for the remainder of 2020. To analyze the sector, we look closely at select US retailers, including Home Depot, RH and Willams-Sonoma. We summarize our key estimates for 2020 in an infographic Read More
Insight Report | June 9, 2020 Premium JD.com Kicks Off This Year’s 6.18 Shopping Festival: A Boost for Online and Offline Retail Post CrisisJD.com launched its annual 6.18 Shopping Festival on May 25, 2020, marking the start of the event’s pre-sale period. We explore how the e-commerce platform has upgraded its services for this year’s festival, including by integrating physical retail promotions for a boundaryless shopping experience. Read More
