Showing 117 posts

Target Financial Community Meeting 2021: Focus on Fulfillment, Partnerships and Store Expansion This Year

The Coresight Research team attended Target’s virtual Financial Community Meeting on March 2, 2021. We present our top takeaways from the event, including the company’s continued investment in its supply chain, its assortment expansion through partnerships and private-label launches, and its focus on digital and flexible fulfillment capabilities.

Read More

US Consumer Tracker: Consumers Get Back to Socializing (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 present findings on what activities consumers have done, including key trends from the past three months and breakdowns by income group. We also discuss consumer avoidance of public places and what consumers are buying more of and less of than pre-pandemic. Our consumer survey was undertaken on March 8.

Read More

US Retail amid Economic Recovery: Learnings from the Global Financial Crisis

In this report, we examine the impending economic and retail recovery from the coronavirus crisis in the US through the lens of recovery from the 2008 Global Financial Crisis (GFC). We discuss how lessons from the 2008 financial crisis are useful for understanding the shape and speed of the expected retail recovery from the coronavirus pandemic, as well as exploring the differences in the nature and cause of the two crises.

Read More

Coresight Research Innovator Showcase: Five Retail Technology Innovators Compete for Digital Outreach Opportunity

On February 18, 2021, Coresight Research hosted its Innovator Showcase—an online pitch competition between five retail technology innovators: Engagement Agents, Inspectorio, Newmine, Nexite and Savitude. We present highlights from the innovators’ pitches, as well as from the presentations of three early-stage retail startups that presented their businesses while the judges deliberated. We also reveal the winner of the pitch competition.

Read More

US Consumer Tracker: Where Are High-Income Consumers Cutting Spending? (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 consumer spending on different categories by income level. We present findings on what activities consumers have done in the past two weeks and what product categories they had purchased in-store and online in the past two weeks. Our consumer survey was undertaken on February 15.

Read More

January 2021 UK Retail Sales: Sales Slide Further amid Lockdown

We review data for UK retail in total and by sector for January 2021. Retail sales struggled in January following a disappointing December, brought down by continued poor performance from apparel and footwear retailers as nonessential retailers have been forced to close amid the latest Covid-19 lockdowns.

Read More

US Consumer Tracker: Consumers Spend Stimulus Checks on Bills and Essentials (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 how consumers have spent or plan to spend their second stimulus checks. We present findings on what activities consumers have done in the past two weeks and what product categories they had purchased in-store and online in the past two weeks. Our consumer survey was undertaken on February 8.

Read More