Deep Dive | August 26, 2020 Premium Reviewing America’s Retail Bankruptcies amid the Coronavirus CrisisFollowing a large number of bankruptcy filings in 2019, retail failures have continued apace in 2020, driven by the Covid-19 crisis. We examine notable US bankruptcies from last year and in year-to-date 2020—including Ascena Retail Group, JCPenney, J.Crew and Neiman Marcus—and discuss the major factors behind these filings. Read More
Deep Dive | August 25, 2020 Premium Retail Reimagined: Coresight Research EbookIn Coresight Research’s Retail Reimagined ebook, we offer a thematic outlook to the post-crisis world, exploring eight key retail trends in how brands and retailers can engage with consumers (e.g., gamification, social media), adopt innovative ways of selling (e.g., livestreaming, community group buying, shopping festivals, contact-light retail) and deliver products in an efficient way. Read More
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 Databank Members 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
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
Store Tracker | August 14, 2020 Databank Members 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
Event Coverage | August 13, 2020 Register for Free Access Open for Business with Glen Allison, Tractor Supply Company: Pivoting To Meet Consumer Demand in the New Retail LandscapeCoresight Research hosted a webinar with Glenn Allison, VP Information Technology at Tractor Supply Company, to discuss how Tractor Supply pivoted quickly during the pandemic and expanded its reach as an essential retailer. We present key insights from our conversation across three key topics: flexibility, supporting the workforce and leveraging technology. Read More
Insight Report | August 10, 2020 Premium Earnings Insights 2Q20, Week 1: Retailers’ Path to Recovery Is Being Led by Digital BusinessOur 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 9 and earlier, including Amazon, Capri Holdings, CVS Health and VF Corporation. Read More
Store Tracker | August 7, 2020 Databank Members Weekly US and UK Store Openings and Closures Tracker 2020, Week 32: Lord & Taylor and Tailored Brands File for BankruptcyOur Weekly US and UK Store Openings and Closures Tracker reports on store closures, openings and bankruptcies. This week, there are highlights from Lord & Taylor and Tailored Brands in the US, and Amazon, DW Sports and Hotter in the UK 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
Insight Report | August 4, 2020 Premium Retail Robustness Index: August 2020 Update—Higher Scores Due to Increases in Store ReopeningsCoresight 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 August update updates 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 July. Read More
Store Tracker | July 31, 2020 Databank Members Weekly US and UK Store Openings and Closures Tracker 2020, Week 31: Ascena Retail Set To Shut More than 1,000 StoresOur Weekly US and UK Store Openings and Closures Tracker reports on store closures, openings and bankruptcies. This week, there are highlights from Ascena Retail Group, Neiman Marcus and Tailored Brands in the US, and Ben Sherman and Oak Furnitureland in the UK. Read More
Store Tracker | July 24, 2020 Databank Members Weekly US and UK Store Openings and Closures Tracker 2020, Week 30: Ascena Retail Files for Bankruptcy; Tailored Brands Plans To Close up to 500 StoresOur Weekly US and UK Store Openings and Closures Tracker reports on store closures, openings and bankruptcies. This week, there are highlights from Aldi, Amazon and Ascena Retail in the US, and Jigsaw, Johnson Shoes and Stella McCartney in the UK. Read More
Insight Report | July 17, 2020 Premium June 2020 US Retail Sales: Total Sales Jump 9%; Declines Ease in Apparel while Several Nonfood Sectors SurgeDiscretionary sectors witnessed the easing of sales declines in June, suggesting pent-up demand in nonfood categories post lockdowns. On a year-over-year basis, total US retail sales excluding gasoline and automobiles saw extraordinary growth in the context of a post-crisis environment. Read More