Store Tracker | August 18, 2020 Databank Members US Store Closures: Retailers Refocus on Product over Experiences, Driving Up ClosuresAs one result of the “mask economy” due to Covid-19, retailers are refocusing on product over experiences—a reversal of the previous trend toward experiential retail. We discuss how this shift is leading to retail store closures in the US, as well as its impact on e-commerce fulfillment and the implications for retailers and real estate firms. Read More
Deep Dive | August 17, 2020 Premium US Survey Update: How Consumers Expect To Shop for the Holidays (Full Report)Our latest survey report provides a detailed update on US consumers’ behaviors, concerns and expectations amid the coronavirus crisis, with a focus on the implications for retail. This week, we focus on consumers’ expected shopping behaviors for the 2020 holiday season—comparing the results with our survey findings from a month ago. We also discuss shoppers’ current online spending habits and avoidance of public places, as well as what activities they expect to do in the next two weeks. Our consumer survey was undertaken on August 12. Read More
Flash Report | August 17, 2020 Register for Free Access US Survey Update: How Consumers Expect To Shop for the Holidays (Select Findings)This free report features select findings from our US consumer survey, undertaken on August 12, which asked respondents about their behavior, sentiment and expectations amid the coronavirus crisis. 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
Store Tracker | August 11, 2020 Databank Members US Store Closures: Apparel Sector Accelerates Toward Record Number of Store ClosuresStore closures are continuing to mount across various discretionary sectors in the US retail industry against the backdrop of Covid-19—with the apparel sector having seen a high number of permanent closures and bankruptcies so far in 2020. We provide an overview of these developments and discuss the outlook for the sector over the remainder of the year. Read More
Flash Report | August 10, 2020 Register for Free Access US Survey Update: How Consumers Spent and Plan To Spend Stimulus Checks (Select Findings)This free report features select findings from our US consumer survey, undertaken on August 5, which asked respondents about their behavior, sentiment and expectations amid the coronavirus crisis. Read More
Deep Dive | August 10, 2020 Premium US Survey Update: How Consumers Spent and Plan To Spend Stimulus Checks (Full Report)Our latest survey report provides a detailed update on US consumers’ behaviors, concerns and expectations amid the coronavirus crisis, with a focus on the implications for retail. This week, we explore how consumers have spent, and plan to spend, their stimulus checks—with a focus on the prioritization of basic financial obligations versus discretionary retail spending. We also discuss what activities consumers have done over the past two weeks and their planned activities for the next two weeks. Our consumer survey was undertaken on August 5. Read More
Event Coverage | August 10, 2020 Register for Free Access Coresight Research x Zebra: Leveraging Data To Tackle Changing Consumer Buying BehaviorCoresight Research & Zebra hosted Andrea Weiss, Founding Partner of The O Alliance, and David Aquino, former COO of SharkNinja, to discuss changes in consumer buying behavior in the retail sector due to the coronavirus pandemic. We present an edited version of our conversation—covering key topics such as labor requirements, the need for business intelligence, and top priorities for data and technology in the new environment. Read More
Insight Report | August 6, 2020 Premium Retail Reimagined: Implementing Contact-Light Retail To Deliver a Safe and Convenient Shopping ProcessAs part of our Retail Reimagined series, which explores the outlook for retail in a post-crisis world, we discuss how retailers are implementing contact-light retail operations to minimize contact for the consumer during the shopping journey. We discuss curbside pickup, cashierless stores, contactless payment and vending machines. Read More
Event Coverage | August 6, 2020 Register for Free Access Open for Business with Joel Anderson, Five Below: Staying Resilient and Adapting to the New EnvironmentAs part of our Open for Business webinar series, we hosted Joel Anderson, President and CEO of discount-store chain Five Below, Inc. We present an edited transcript from this webinar, in which Anderson offered insights into how the company has adapted to the changing environment and consumer behaviors amid the coronavirus crisis—covering key topics such as store reopening and self-checkout. Read More
Event Coverage | August 5, 2020 Register for Free Access Exploring Covid-19 Recovery with Ethan Chernofsky, Placer.ai: A Retail Turning Point or a Return to Status Quo?Coresight Research hosted Ethan Chernofsky, VP of Marketing at Placer.ai, in a webinar to discuss the future of US retail and the impacts of the Covid-19 crisis. We present an edited transcript from this webinar, which offers insights into the return of traffic to malls, mission-driven shopping and channel innovation in grocery, and retailers’ market positioning in the changing landscapes of different sectors. Read More
Insight Report | August 4, 2020 Premium US Store Closures: Department Store Closures Exacerbate Challenges Faced by Mall OwnersStore closures are continuing to mount across various discretionary sectors in the US retail industry—with the rise in department store closures and bankruptcies a particular cause for concern for mall owners. We provide an overview of announced department store closures and bankruptcy filings and discuss the implications for mall owners and the retail industry as a whole. 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
Flash Report | August 3, 2020 Register for Free Access US Survey Update: Slowdown in Online Shopping Despite High Avoidance of Public Places (Select Findings)This free report features select findings from our US consumer survey, undertaken on July 29, which asked respondents about their behavior, sentiment and expectations amid the coronavirus crisis. Read More
Deep Dive | August 3, 2020 Premium US Survey Update: Slowdown in Online Shopping Despite High Avoidance of Public Places (Full Report)Our latest survey report provides a detailed update on US consumers’ behaviors, concerns and expectations amid the coronavirus crisis, with a focus on the implications for retail. This week, we saw avoidance of public places remain high, although a slight decline in avoidance of shopping centers could be a positive sign for retail. We discuss how this aligns with consumer activities over the past two weeks, as well as the changing popularity of e-commerce. Our consumer survey was undertaken on July 29. Read More
