December 23, 2020 Deep Dive Premium 3Q20 US Earnings Season Wrap-Up: Discretionary Sectors Regain MomentumWe assess the recent performance of selected US-based retailers, brands, e-commerce platforms and REITs in terms of revenues, earnings per share and comps for the third quarter of 2020, considering consensus estimates and year-over-year changes. Against the backdrop of the Covid-19 pandemic, many companies beat revenue consensus estimates, and most of the discretionary sectors regained their momentum during the quarter.
December 15, 2020 Insight Report Premium Livestreaming from Malls: An Innovative Way To Attract ShoppersOnce popular meeting hubs, malls have faced challenges from the rise in e-commerce and declining foot traffic in recent years. With Covid-19 representing another blow to mall ecosystems, it is important for mall operators to find new ways to engage with consumers. We discuss how livestreaming can be a useful tool for malls in attracting shoppers.
December 14, 2020 Insight Report Premium Retail-Tech Landscape: Retail Real EstateWe have observed an increasing number of startups focusing on retail real estate to forge new partnerships and help mall operators cope with the pressures caused by the Covid-19 pandemic. This Retail-Tech Landscape comprises selected startups globally that we believe have the potential to help mall operators stay relevant amid the Covid-19 crisis and reach their customers in a more efficient way.
December 8, 2020 Deep Dive Premium Six Ways Covid-19 Will Continue To Impact US Retailers and ConsumersCoronavirus vaccines are now in production, and there are indications that the US economy is on the road to recovery from the global pandemic. We analyze six ways in which pandemic-driven changes to the economy, retail and consumer behavior will affect the US retail industry moving forward. These include impacts related to unemployment rates and changed business operations—such as work-from-home practices and reduced travel—and the outlook for the service industry.
December 1, 2020 Deep Dive Premium America’s Changing Shopping Centers: Part 3—Malls Seek To Adapt as Pandemic Expedites Retail ShakeupAs malls grapple with the repercussions of the Covid-19 pandemic—including a rise in e-commerce, retail bankruptcies and the threat of declining foot traffic—mall owners are finding new ways to compete for consumer’s attention and retail spending. In this report—the third and final in our America’s Changing Shopping Centers series—we discuss the steps taken by mall operators to future-proof their centers amid the changing retail landscape.
November 6, 2020 Store Tracker Databank Members Weekly US and UK Store Openings and Closures Tracker 2020, Week 45: Pet Valu To Close All US StoresOur Weekly US and UK Store Openings and Closures Tracker reports on store closures, openings and bankruptcies. This week, there are highlights from 7-Eleven, Nordstrom and Pet Valu in the US and Shoe Zone in the UK.
November 4, 2020 Flash Report Register for Free Access Two REITs—CBL and Pennsylvania Real Estate Investment Trust—File for Bankruptcy ProtectionIn this free report, we discuss recent bankruptcy protection filings from two REITS—CBL and Pennsylvania Real Estate Investment Trust, with both filings representing voluntary moves intended to trigger agreements reached with their respective creditors.
October 26, 2020 Flash Report Register for Free Access Introducing the New Coresight 100: The Companies Reinventing RetailWith 2020 having accelerated the pace of change in retail, we have re-evaluated the Coresight 100, our focus list of the top 100 of the largest and most influential companies in the global retail ecosystem. We introduce the new list of the top companies to watch, which spans eight sectors and now includes select innovators and private companies.
October 6, 2020 Market Navigators/Market Outlook Premium Market Outlook: US Retail REITs—Recovery Under PressureIn this Market Outlook, we explore the recovery of the US retail REITs (real estate investment trusts) sector in a coronavirus-impacted retail environment. We analyze data on the sector’s size and competitive landscape and consider the impact of store closures on retail REITs. This report also discusses a number of key themes in the market—including rent collection, store closures and tenant-landlord relationships.
October 1, 2020 Deep Dive 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.
September 23, 2020 Store Tracker Databank Members US Store Closures: Where Are Department Stores Closing?The Covid-19 crisis has significantly impacted the US department store sector. We offer a state-wise depiction of the locations of over 1,300 store closures. We present maps of confirmed store closures by the major department stores that have filed for Chapter 11 bankruptcy this year—including JCPenney, Stage Stores and Stein Mart—as well as by other companies such as Macy’s and Nordstrom.
September 9, 2020 Store Tracker Databank Members US Store Closures: More Retailers Shift to E-Commerce at the Expense of StoresUS retailers have had to rapidly adjust to the jump in online sales amid the Covid-19 pandemic. We discuss how retailers are rethinking their brick-and-mortar store presence over the longer term as a result of this refocus—covering store closures and the role of the physical store in omnichannel operations.
August 26, 2020 Event Coverage Register for Free Access Open for Business with Conor Flynn, Kimco Realty: The Future of Retail Real EstateAs part of our Open for Business webinar series, Coresight Research hosted Conor Flynn, CEO of Kimco Realty, to discuss how the REIT is working with tenants at its shopping centers to adapt to the transformed physical retail landscape. We present key insights into the future of retail real estate across three topics: resourceful use of space, tenants as partners and shifting store structures.
August 25, 2020 Insight Report Premium US Mall Closures: Impact of Covid-19 Likely To Accelerate Mall ConsolidationConsidering the impact of Covid-19 on mall consolidation, we present our estimates for mall closures in the next five years. We explore how department store and other anchor store closures are exacerbating the challenges faced by mall owners and the influence of tenant mix on near-term vulnerability—as well as opportunities for malls to adapt and survive, such as through repurposing space into fulfillment centers and tapping health-care and grocery retail.
August 18, 2020 Store Tracker 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.
