Store Tracker | January 28, 2021 Premium US and UK Store Closures Review 2020 and US Outlook 2021We review store closures and openings in the US and the UK for the full-year 2020. We break down the numbers by sector and analyze the key retailers that significantly contributed to total openings and closures over the course of the year. We also present our projections of US store closures and openings in 2021. Read More
Event Coverage | January 26, 2021 Register for Free Access NRF 2021 Day Six and Wrap-Up: New Opportunities in Health and Wellness; Growth in China’s Luxury MarketNRF 2021, the annual “Retail’s Big Show” event hosted by the National Retail Federation, took place virtually over six days between January 12 and 22. The Coresight Research team presents our five key insights from day six of the event, which focused on the stickiness of pandemic-driven consumer shopping behaviors, new opportunities in the health and wellness market and growth in China’s luxury market. We also offer our closing thoughts on the digital event as a whole. Read More
Insight Report | January 26, 2021 Register for Free Access US CPG Sales Tracker: Online CPG Sales Growth Moderates to 58% in DecemberThe 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 free report, we present five key insights from the four weeks ended December 27, 2020. Read More
Insight Report | January 25, 2021 Premium Holiday 2020: UK Retail Wrap-Up—Digitally Adept Retailers Thrive; UK Retail Sales Fall in DecemberWe review UK retail sales and major retailers’ trading updates from the 2020 holiday period. We provide trading updates for a comprehensive list of UK retailers including ASOS, Dixons Carphone, M&S, Next and Sainsbury’s, as well as a timeline of key events in the UK related to Covid-19. Our analysis of the holiday peak from last year can help to gauge the scale and shape of demand as we head further into 2021. Read More
Event Coverage | January 22, 2021 Register for Free Access NRF 2021 Day Five: Optimizing Customer Support and Rethinking the Physical StoreNRF 2021, the annual “Retail’s Big Show” event hosted by the National Retail Federation, is taking place virtually over six days between January 12 and 22. The Coresight Research team presents our 10 key insights from day five of the event, which focused on improving customer support in the age of digital shopping. Panelists also emphasized the importance of a strong, integrated cloud structure in driving innovation and agility. Read More
Store Tracker | January 21, 2021 Premium Weekly US and UK Store Openings and Closures Tracker 2021, Week 3: Citi Trends To Open 100 Stores by 2023Our Weekly US and UK Store Openings and Closures Tracker reports on store closures, openings and bankruptcies. This week, there are highlights from Amazon, Barneys at Saks, Citi trends, Christopher & Banks, Conn’s HomePlus and Macy’s in the US and Arcadia Group and Edinburgh Woollen Mill Group in the UK. Read More
Insight Report | January 18, 2021 Premium December 2020 US Retail Sales: A Strong December Takes Total Holiday Growth to 9%US retail sales continued to see strong growth in December 2020. Furthermore, 2020 retail sales overall grew 6.9%—very strong growth in light of the industry’s early struggles amid the Covid-19 pandemic. Using data from the US Census Bureau, this report looks at which retail sectors saw sales surge and which did not do well in December 2020. Read More
Deep Dive | January 18, 2021 Premium US Consumer Tracker: Apparel Takes Biggest Post-Holiday Hit (Full Report)Our latest survey report provides a detailed update on US consumers’ behaviors, concerns and expectations, with a focus on the implications for retail. This week, we explore what shoppers are buying and which retailers they are buying from, and we present findings on consumers’ avoidance of public places and what activities they expect to do in the next two weeks. Our consumer survey was undertaken on January 11. Read More
Event Coverage | January 15, 2021 Register for Free Access NRF 2021 Day Three: Data-Driven Solutions, from Supply Chain to Store; Understanding Changed Shopping PatternsNRF 2021, the annual “Retail’s Big Show” event hosted by the National Retail Federation, is taking place virtually over six days between January 12 and 22. The Coresight Research team presents our 10 key insights from day three of the event, which focused on the importance of understanding consumers, many of whom have changed their behaviors over the course of the pandemic. The benefits of integrating technology across all retail operations, from supply chain to stores, emerged as another key theme. Read More
Store Tracker | January 15, 2021 Premium Weekly US and UK Store Openings and Closures Tracker 2021, Week 2: Family Video To Close All 250 StoresOur Weekly US and UK Store Openings and Closures Tracker reports on store closures, openings and bankruptcies. This week, there are highlights from Amazon, Bed Bath & Beyond, Family Video, IKEA and Loves Furniture in the US and B&M, Debenhams and Marks & Spencer in the UK. Read More
Event Coverage | January 14, 2021 Register for Free Access NRF 2021 Day Two: Leveraging Technology To Engage Consumers and Empower EmployeesNRF 2021, the annual “Retail’s Big Show” event hosted by the National Retail Federation, is taking place virtually over six days between January 12 and 22. The Coresight Research team presents our 10 key insights from day two of the event, which focused on how retailers can benefit from using data, artificial intelligence and voice commerce to appeal to consumers in the new environment. Sustainability and social responsibility also emerged as key themes. Read More
Event Coverage | January 13, 2021 Register for Free Access NRF 2021 Day One: Digital Strategy, Inventory Agility and Loyalty Are Top of MindNRF 2021, the annual “Retail’s Big Show” event hosted by the National Retail Federation (NRF), has moved online for the first time, taking place entirely virtually over six days, from January 12 to 22. The Coresight Research team presents our 10 key insights from day one of the event, which focused on new digital strategies, the importance of an agile supply chain and the growing value of loyalty programs amid the Covid-19 pandemic. Read More
Insight Report | January 7, 2021 Premium Retail Robustness Index: January 2021 Update—Scores Rebound as Product Mix Shifts Back to Normalized LevelsCoresight Research’s Retail Robustness Index evaluates the 100 largest US retailers (by revenue) on their ability to weather dramatic shifts in demand amid the Covid-19 pandemic. The January 2021 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 December 2020. Read More
Insight Report | January 5, 2021 Premium 3Q20 US Retail Inventory Tracker: Inventory Turnover Rates Increase Year over Year for Most RetailersIn our quarterly US Retail Inventory Tracker reports, we analyze inventory trends among those US retailers listed in the Coresight 100. We look at the inventory levels of various retailers in 3Q20 and assess why levels may have changed from the year-ago period—with most retailers posting increased inventory turnover levels. Read More
Deep Dive | January 5, 2021 Premium US Grocery E-Commerce: Sustained Shifts in Fulfillment and Service Models To Drive Long-Term GrowthCovid-19 has catalyzed the widespread adoption of online shopping in grocery, driving fundamental, lasting changes in consumer behavior. In this report, we provide an essential briefing on recent shifts in the US grocery e-commerce market and present an outlook for the future, with a focus on fulfillment and service models—including BOPIS and curbside pickup. Read More