April 27, 2020 Insight Report Premium March 2020 UK Retail Sales: Coronavirus Lockdown Inflicts Severe Blow to Discretionary Sector; Decline Set To Worsen in AprilTotal UK retail sales declined in March, with some sectors taking big hits due to the impact of the nationwide coronavirus lockdown. However, the grocery sector reported strong growth. We review March data for UK retail in total and by sector.
April 23, 2020 Insight Report Premium Beauty Insights: Livestreaming Increases Revenue and Loyalty—Lessons Learned during the CoronavirusWith many brands and retailers facing heavy revenue losses due to widespread temporary closures caused by the coronavirus, we explore how beauty brands are leveraging digital channels to engage with consumers. We consider the lessons that can be learned from beauty retail in China, with a focus on livestreaming.
April 20, 2020 Flash Report Register for Free Access Coronavirus Stimulus Payments Under the US CARES Act Have Begun Rolling OutEconomic stimulus payments as part of the CARES (Coronavirus Aid, Relief and Economic Security) Act began rolling out to US taxpayers in the week of April 13.
April 20, 2020 Insight Report Premium Coronavirus Insights: China’s GDP Drops for the First Time in Decades; March Retail Sales Fall, but Pace of Decline EasesAs coronavirus lockdowns ease in China, we review the growth of GDP, retail sales and industrial production in the country—to consider the impacts of the outbreak on the economy including retail sales, and the shape of the recovery.
April 16, 2020 Market Navigators/Market Outlook Premium Market Overview: Luxury—Taking a Back Seat to the Global PandemicIn this market overview, we explore the personal luxury goods market landscape and consider the top 20 companies and top 15 brands in the global market by revenue. We discuss the impact of the ongoing coronavirus pandemic on both supply and demand in the luxury industry, as well as considering the importance of China’s luxury shoppers in today’s environment.
April 16, 2020 Insight Report Premium March 2020 US Retail Sales: Discretionary Sectors Post Deep Declines as Coronavirus-Led Lockdowns Hit Consumer SpendingUS retail sales saw deep declines in March, a stark change from the impressive gains made in January and February as large-scale retail shutdowns are implemented due to the coronavirus pandemic.
April 10, 2020 Insight Report Premium March 2020 US Retail Traffic and In-Store Metrics: Traffic Falls by Over 60%, and Much More Steeply Toward the End of the MonthMarch 2020 saw a significant decline in US retail traffic amidst the coronavirus pandemic, heavily impacted by the store shutdowns implemented from the middle of the month. We review store traffic changes through the month and the sectors most impacted by the current crisis. We also consider key findings from a survey by RetailNext, which highlights the widely held belief that the pandemic will have long-term effects on retail.
April 2, 2020 Insight Report Premium Coronavirus Insights: China Embraces Signs of RecoverySince the coronavirus broke out in Wuhan in January, China has implemented unprecedented measures to control the spread of the virus. The nationwide lockdown looks to have been a success—we discuss signs that indicate the country is now on the road to recovery. We consider the implications for brands, as well as what the “new normal” might look like for China’s residents and businesses as the nation looks to move on from the coronavirus.
March 30, 2020 Insight Report Premium February 2020 Monthly Consumer Update: US, UK and ChinaGlobal consumer markets were buffeted last month as the coronavirus outbreak once limited to one country spread to become a global pandemic. Recent figures show consumer spending took a pounding in China, experienced an uncharacteristic surge in the US and grew in the UK.
March 30, 2020 Insight Report Premium February 2020 UK Retail Sales: The Calm Before the StormUK retail sales grew modestly in February, but this was the calm before the storm. We expect trends in March to be dramatically different as shoppers stocked up on some categories and shunned others
March 19, 2020 Insight Report Premium February 2020 US Retail Sales: Growth Strengthens as Grocery Stores See Coronavirus-Driven Panic BuyingRetail sales jumped in February following already impressive gains in January. But the wealth was not spread evenly as growth was largely driven by coronavirus panic buying.
March 18, 2020 Insight Report Premium Coronavirus Insights: India Suspends Visas as Supply Chains Are Disrupted and Consumers Face LockdownsIndia reported its first COVID-19 case on January 30. Although it appears to be spreading more slowly than in other countries, concerns have prompted a suspension of visitors, lockdowns and product shortages.
March 11, 2020 Insight Report Premium February 2020 US Retail Traffic and In-Store Metrics: Traffic Decline Steepens as Coronavirus Fears Impact Shopper BehaviorUS store-based traffic continued to fall in February 2020, accelerating from January’s slide as coronavirus-averse shoppers shunned stores. Meanwhile, the conversion rate and growth in average transaction value slowed.
March 10, 2020 Flash Report Register for Free Access Coronavirus Briefing: China’s PMI Slumps as Disruption Continues in Supply Chain; International Demand Could Be the Next ChallengeThe effects of the coronavirus outbreak on retail are being felt across the globe. With supply-chain disruption continuing, China’s PMI has slumped, with factory activity falling to an all-time low in February 2020. We consider the impact of the virus to China’s exports market going into the second quarter of the year.
February 27, 2020 Flash Report Register for Free Access Coronavirus Briefing: Four Positive Takeaways from the Outbreak for Retailers in ChinaAs the coronavirus outbreak continues, we consider the positive takeaways for retailers in China. We discuss the effects of the current consumer preference for e-commerce over brick-and-mortar shopping, in both grocery and nonsectors sectors; the marketing opportunities provided by Chinese super app WeChat; and the increasing consumer focus on health and wellness.
