Insight Report | August 24, 2020 Premium Earnings Insights 2Q20, Week 3: Home Categories Prove Strong and Apparel Weak as Discretionary Retail Sees an Uneven RecoveryOur weekly Earnings Insights reports feature highlights from recent management commentary at major US retailers as they report second-quarter 2020 earnings. We condense what retail companies are reporting, with a focus on the impact of the coronavirus crisis. This week, there are highlights from companies that reported in the week ended August 23, including Estée Lauder, Kohl’s, L Brands and The TJX Companies. Read More
Store Tracker | August 21, 2020 Premium Weekly US and UK Store Openings and Closures Tracker 2020, Week 34: Stage Stores Set To Liquidate All Its StoresOur Weekly US and UK Store Openings and Closures Tracker reports on store closures, openings and bankruptcies. This week, there are highlights from Rent the Runway, Stein Mart and Stage Stores in the US, and Baird Group and Jigsaw in the UK. Read More
Insight Report | August 20, 2020 Premium Apparel Retailers and Brands Launch New Products and Services To Adapt to the Changing Retail EnvironmentWith US consumers shopping online more now than prior to the Covid-19 pandemic, brands and retailers have had to deepen their digital capabilities to adapt to the growth of e-commerce. We explore how the apparel sector is remaining competitive in the fast-changing retail environment by launching new products and services to drive sales during and post crisis. Read More
Event Coverage | August 19, 2020 Register for Free Access Quinyx’s “Evolving to Thrive” Virtual Summit: Deborah Weinswig Explores the New World of RetailWe present key insights from Coresight Research CEO and Founder Deborah Weinswig’s presentation on how the pandemic has rewritten the rules of retail. The presentation was given at Quinyx’s “Evolving to Thrive” virtual summit on August 10, 2020, which hosted cross-sector industry leaders to discuss adapting and reinventing operations and workforces in a post-Covid world. Read More
Deep Dive | August 18, 2020 Premium Retail Innovators: Apparel TechnologiesThe Coresight Research Retail Innovators series examines how key players and startups are disrupting different retail sectors. In this report, we focus on five innovators in the apparel market: 3DLOOK, Obsess, Bold Metrics, Unmade and Myant. We discuss these industry players in the context of the technological innovations they are using to meet changing consumer demand in the apparel sector, including the influence of e-commerce and a heightened emphasis on remote and virtual services, as well as sustainability. Read More
Insight Report | August 17, 2020 Premium Earnings Insights 2Q20, Week 2: Canada Goose Stores See Slow Start in North America and EuropeOur weekly Earnings Insights reports feature highlights from recent management commentary at major US retailers as they report second-quarter 2020 earnings. We condense what retail companies are reporting, with a focus on the impact of the coronavirus crisis. This week, there are highlights from companies that reported in the week ended August 16, including ASOS and Canada Goose. Read More
Event Coverage | August 14, 2020 Register for Free Access RevTech Ventures Presents: Fireside Chat with Matt Alexander, Neighborhood Goods—E-Commerce Success During the PandemicWe present key insights from our exclusive fireside chat with Matt Alexander, Co-Founder and CEO of Neighborhood Goods, presented by RevTech Ventures. In this report, we focus on three key topics: people-centric stores, interactive technology and booming digital sales. Read More
Store Tracker | August 14, 2020 Premium Weekly US and UK Store Openings and Closures Tracker 2020, Week 33: Stein Mart Files for BankruptcyOur Weekly US and UK Store Openings and Closures Tracker reports on store closures, openings and bankruptcies. This week, there are highlights from Dick’s Sporting Goods, Stein Mart and Sur La Table in the US, and Jigsaw and River Island in the UK. Read More
Insight Report | August 14, 2020 Premium July 2020 US Retail Traffic and In-Store Metrics: Traffic Declines by 46%, and More Steeply Toward the End of the MonthJuly 2020 saw total US nonfood store traffic decline by 46.4% year over year, worsening from June’s decline as states rolled back reopening plans due to a spike in the number of coronavirus cases. We review store traffic changes through the month and the sectors most impacted by the current crisis. Read More
Insight Report | August 13, 2020 Premium Reshaping Supply Chains for the 2020s: #4—Smarter and Greener WarehousingIn our Reshaping Supply Chains for the 2020s series, we analyze the technologies and trends that are enabling the evolution of the supply chain. In this report, we discuss changes in retail warehousing needs and how technology solutions are helping to meet demand and optimize operations. Read More
Insight Report | August 12, 2020 Premium Insights from China: How Brands and Retailers Can Tap Into the Growing Wellness MarketWith increased interest in beauty and health, Chinese consumers are fueling a boom in the wellness retail market. We explore three key trends that present opportunities for brand and retailers in this market—namely edible beauty, fitness and mental health. 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
Insight Report | August 11, 2020 Premium Three Months to Singles’ Day: Using Social Feed Weitao To Build Awareness and Drive SalesWith three months to go until Singles’ Day 2020, we discuss how brands and retailers can use Weitao, Alibaba’s built-in social feed for Tmall and Taobao, to prepare for China’s biggest e-commerce festival. We explore how the integrated platform can help merchants and brands to communicate effectively with consumers, build their follower base and drive increased traffic to their Tmall and Taobao stores on November 11. Read More
Insight Report | August 11, 2020 Premium Retail Reimagined: Rethinking Product Creation To Drive Consumer Demand—Collaboration and CustomizationAs part of our Retail Reimagined series, which explores the outlook for retail in a post-crisis world, we discuss the rise of brands and retailers leveraging customization and collaboration as innovative product creation strategies. We consider recent examples of these trends in China and the US, as well as implications for brands, retailers and technology vendors. Read More
Store Tracker | August 11, 2020 Premium 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
