Insight Report | October 19, 2020 Free Report 10 Takeaways from the 10.10 Shopping Festival, a New, Global, Charitable Shopping EventCoresight Research kicked off the holiday shopping season with its global 10.10 Shopping Festival, which engaged consumers, drove brand awareness and sparked a revitalization of retail. The new event was held on October 9–12 in collaboration with Shopkick, Fashwire and an exciting array of charities and supporting partners, retailers and brands. We present 10 key takeaways from the 10.10 Shopping Festival, exploring its success, its central theme of charitable giveback, and the pull-forward of holiday spending. Read More
Insight Report | October 19, 2020 Premium September 2020 US Retail Sales: Total Sales Jump 12%; Declines Ease in Apparel While Several Nonfood Sectors SurgeAmid still difficult circumstances, US retail sales saw an extraordinary year-over-year jump in September, fueled by strong growth in several sectors. Using data from the US Census Bureau, this report looks at which retail sectors saw sales surge and which did not do well in September 2020. Read More
Store Tracker | October 16, 2020 Databank Members Weekly US and UK Store Openings and Closures Tracker 2020, Week 42: Levi’s To Expand Its Store FootprintOur Weekly US and UK Store Openings and Closures Tracker reports on store closures, openings and bankruptcies. This week, there are highlights from Dollar General, Levi’s and Five Below in the US and French Connection and House of Fraser in the UK. Read More
Insight Report | October 16, 2020 Premium September 2020 US Retail Traffic and In-Store Metrics: Traffic Decline Eases to 34%September 2020 saw the total US nonfood store traffic decline ease to 34% year over year from deeper declines in August, as many states revisited their reopening plans of indoor malls. We review weekly shopper traffic trends through the month, as well as traffic by retailer vertical, region and retailer location type. Read More
Deep Dive | October 15, 2020 Premium 3D Printing: The Future of the Retail Supply Chain?3D printing is an emerging technology that brands and retailers are increasingly incorporating into their manufacturing processes. We discuss ways to leverage 3D technology to optimize manufacturing processes and supply chains, with a focus on the retail industry. By analyzing select use cases, we explore the benefits of this innovative technology, as well as the limitations that have held mainstream retailers back from consistent or large-scale use of 3D printing in manufacturing. Read More
Insight Report | October 14, 2020 Premium China’s National Day Wrap-Up: Golden Week Sees Uptick in Discretionary SpendingChina’s National Day holiday ran from October 1 through October 8 this year. We discuss data and offer insights into consumption patterns and behaviors among Chinese tourists during Golden Week 2020, covering travel revenue, retail sales, spending in discretionary categories and food-service revenue. We also consider travel to Macau and the popularity of duty-free shopping. Read More
Market Navigators/Market Outlook | October 13, 2020 Premium US Apparel Retail: Post-Crisis Outlook—Fall 2020 UpdateWe explore the continued impacts of the Covid-19 crisis on the US apparel retail sector and present an outlook for the remainder of 2020 and into 2021. In addition to commentary from US apparel brands and retailers, we discuss the adoption of new selling models, expansion in the digital channel and technological innovation, among other key trends. We summarize our key estimates in an infographic. Read More
Insight Report | October 9, 2020 Premium Retail Robustness Index: October 2020 Update—Average Financial Health Metric DeterioratesCoresight Research’s Retail Robustness Index evaluates the 100 largest US retailers (by revenue) on their ability to weather dramatic shifts in demand as the Covid-19 lockdowns began. The October update revises the scores based on financial reports and store-reopening announcements. Alongside the report, our infographic summarizes key changes since the previous Retail Robustness Index update in September. Read More
Store Tracker | October 9, 2020 Databank Members Weekly US and UK Store Openings and Closures Tracker 2020, Week 41: Allbirds and Wegmans Open New StoresOur Weekly US and UK Store Openings and Closures Tracker reports on store closures, openings and bankruptcies. This week, there are highlights from Wegmans and Dick’s Sporting Goods in the US and Ann Summers and H&M in the UK. Read More
Insight Report | October 8, 2020 Free Report 10 Things To Know About the Perfect 10 Shopping Festival: Coresight Research Launches the Global 10.10 Shopping FestivalCoresight Research is kicking off the 2020 shopping holiday season with the inaugural 10.10 Shopping Festival, in collaboration with shopping rewards app Shopkick, online fashion marketplace Fashwire and an exciting array of charities, supporting partners, retailers and brands. We highlight the 10 things you need to know, including which retailers will participate in 10.10 and what proportion of consumers expect to shop the event. Read More
Event Coverage | October 5, 2020 Register for Free Access 10 Post-Crisis Retail Trends and Actions: Insights from the Dallas-Fort Worth Retailers Association September MeetingDeborah Weinswig, CEO and Founder of Coresight Research, presented at the Dallas-Fort Worth Retailers Association September Meeting, providing insights into the trends shaping the future of retail. We summarize key takeaways from the presentation, including five post-crisis trends in retail and five actions that retailers can take to drive market share in the new environment, as well expectations for this holiday season. Read More
Store Tracker | October 2, 2020 Databank Members Weekly US and UK Store Openings and Closures Tracker 2020, Week 40: Allbirds To Increase Store FootprintOur Weekly US and UK Store Openings and Closures Tracker reports on store closures, openings and bankruptcies. This week, there are highlights from Allbirds and Ascena Retail Group in the US and Aldi and B&M in the UK. Read More
Deep Dive | October 1, 2020 Premium US Businesswear Market: Working from Home Accelerates Casualization, Hitting the Formal Clothing MarketThe rapid shift toward working from home in the wake of the coronavirus pandemic has accelerated the longstanding casualization trend in US workplace dress codes, with significant impacts for the formal businesswear market. We discuss the US businesswear market, future trends and what retailers and brands are doing to better serve this area of the apparel industry amid changing work habits. Read More
Insight Report | October 1, 2020 Premium Sustainability at Tapestry: Three Brands United by a Single VisionWe discuss the environmental, social and corporate governance goals of Tapestry, a US-based, multinational, luxury fashion holding company. This report kicks off our new series exploring the commitments of selected major retailers to sustainability, through the lens of Coresight Research’s EnCORE framework. Read More
Deep Dive | October 1, 2020 Premium 2Q20 US Earnings Season Wrap-Up: Reviewing the Covid-19 RecoverySecond-quarter 2020 retail earnings include recovery from the Covid-19 crisis. We assess the recent performance of US retailers in terms of revenues, earnings per share and comps, considering consensus estimates and year-over-year changes. Although the pace of recovery varies between retail sectors, many retailers initially saw strong sales in reopened stores, driven by pent-up demand. Furthermore, the coronavirus-led pivot to e-commerce led to unprecedented growth in digital sales. Read More
