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
Insight Report | August 7, 2020 Premium Costco Monthly Sales, July 2020: Comp Growth Accelerates Further, but E-Commerce Growth DeceleratesCostco’s global same-store sales increased year over year in July. Reflecting a return to stores by shoppers, the acceleration in total comparable sales growth came despite a slowing in e-commerce growth. We review the comparable sales metrics reported by Costco for July 2020 and consider the factors that impacted results—including currency fluctuations and gasoline price deflation. Read More
Insight Report | August 6, 2020 Register for Free Access US CPG Sales Tracker: Consumers Stick With Online CPG Shopping, Even as Stores ReopenThe Coresight Research and IRI monthly US CPG Sales Tracker provides our data-driven insights into online sales trends in the US CPG industry—covering the product categories of food & beverage; health & beauty; and general merchandise & homecare. In this report, we present five key insights from June 2020. Read More
Insight Report | August 3, 2020 Premium US Back to School 2020: A Redefined Shopping BasketPart of our US Back to School 2020 series, we look at what the shopping basket may look like this season amid uncertainty around school and college reopening models due to the coronavirus crisis. We discuss the challenges that retailers face in determining demand and the implications of the transformed BTC season for students and retailers. Read More
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 Navigators/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
