Reasons to Read

Consumers turned to at-home fitness solutions when the Covid-19 pandemic hit, as gyms were forced to close or limit capacity. We explore the growing home fitness market in the US and its prospects for the future.

In this report, we highlight key players and three trends to watch in 2021 and beyond.

Click here to view more Coresight Research coverage of the impact of Covid-19 on retail.

Contents

What’s the Story?

Why It Matters

Home Fitness: In Detail

Home Fitness Gains Traction

Competitive Landscape

Three Trends To Watch

What We Think

Implications for Brands/Retailers

Implications for Technology Vendors

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  • Coresight Research’s monthly reports keep you up to date on retail sales (in total and by sector) and key consumer indicators, focusing on the US, the UK and China.
  • Following the jump in January and February, year-over-year growth of China’s total retail sales (ex. food service, incl. automobiles and gasoline) remained strong in March 2021.
  • The strong growth was against undemanding comparatives from one year earlier, when the country was suffering heavily from the outbreak of Covid-19 and sales declined by 12.0%. However, even comparing against pre-pandemic values, total sales in March 2021 saw solid growth.

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Reasons to Read

The travel industry and associated retail in the US were hit hard by the Covid-19 pandemic, as consumers stayed home at record rates in 2020 and continue to be wary of visiting public places such as tourist attractions. However, in the second half of 2021, we expect travel to pick up substantially, beginning with regional domestic travel by car and eventually spreading to international air travel.

In this report, we discuss the potential bounceback of travel and its implications for US retail.

Click here for more Coresight Research coverage of the impact of the pandemic on retail.

Contents

What’s the Story?

Why It Matters

How Travel Will Bounce Back and What This Means for Retail: A Deep Dive

Herd Immunity Will Open the Floodgates for Travel Spending

Consumers Will Begin To Travel Even Before Herd Immunity

Resurgence in Travel Will Vary by Geography

International Travelers Will Return More Slowly

Retailers Catering to Leisure Travelers Can Expect a Resurgence

Retailers Targeting Business Travelers Will Continue To Struggle

The Travel Rebound Will Put More Money in the Pockets of Low-Income Consumers

What We Think

Implications for Brands/Retailers

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We present Three Things You Need To Know on US Consumer Tracker: Recovery in Discretionary Spending. Find the full report here.

Reasons to Read

Coresight 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. This report updates the scores based on financial reports and store- and management-related announcements.

We rank the companies according to four metrics: financial health, sales capacity, product mix and management tenure.

The appendix details our methodology of calculating index scores.

Alongside the report, our infographic summarizes key changes since the Retail Robustness Index: January 2021 Update.

Click here to view more Coresight Research coverage of the impact of Covid-19 on retail.

Contents

What’s the Story?

Why It Matters

The Retail Robustness Index: In Detail

Changes in the Overall RRI

RRI Outlook

Top 10 Retailers by RRI Ranking

Commentary on Score Changes

Retail Robustness by Segment

Retail Robustness Index: April Update

Appendix

Analysis Methodology

 

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Reasons to Read

Coresight 100 is our focus list of retailers, brand owners and retail-related firms, spanning Asia, Europe and the US. We profile each company, covering the following content:

  • Countries of operation and key product categories
  • Annual metrics—including revenues, operating margin and global store numbers
  • Our insights into the company’s operations, including consideration of headwinds and tailwinds
  • Business strategy
  • Recent company developments
  • The company’s current management team

As of February 2022, this company is no longer part of the Coresight 100 and this profile is no longer updated.

Click here to see our full Coresight 100 list and related reports.

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Reasons to Read

In March, China’s total retail sales grew nearly 30% year over year, against weak 2020 comparatives.

We review monthly data for retail in China in total and by sector, including the following:

  • Retail sales growth over the last 13 months
  • Retail sales growth for 15 sectors across food and nonfood retail, for each of the latest three months
  • Growth in online retail sales, by major sector

We also present data for year-over-year retail growth compared to March  2019, prior to the Covid-19 outbreak.

Coresight Research’s monthly reports keep you up to date on retail sales (in total and by sector) and key consumer indicators, focusing on the US, the UK and China. Click here to view our full collection of Monthly Reports.

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  • Coresight Research’s monthly reports keep you up to date on retail sales (in total and by sector) and key consumer indicators, focusing on the US, the UK and China. 
  • Complementing our monthly reports, the Coresight Research US Retail Sales Databank brings together retail sales data to help you understand the scale and trajectory of US retail.
  • Coresight Research’s measure of core retail sales is the unadjusted year-over-year change, excluding gasoline and automobiles. This metric accelerated to 17.3% in March, as reported by the US Census Bureau on April 15, 2021. The strong year-over-year growth was partly due to weak comparables, with March 2020 having recorded soft growth as the Covid-19 pandemic hit the US. However, comparing sales to March 2019 paints a similarly positive picture of strong growth in March 2021.

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Reasons to Read

Coresight Research’s April 12 survey provides a detailed update on US consumers’ behaviors and expectations, with a focus on the implications for US retail.

Our US Consumer Tracker covers the following:

  • What consumers are buying
  • Which retailers consumers are buying from
  • What consumers are doing and where they are going

If you do not have a premium subscription, you can access select findings in a complimentary abridged report.

Click here to view all of our weekly survey reports.

Click here to view Coresight Research’s US Consumer Tracker Databank.

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Reasons to Read

This report provides select findings from Coresight Research’s April 12 survey of US consumers on their behaviors and expectations, with a focus on implications for retailers.

This report is available for free and can be accessed by registering for a free account.

We highlight selected findings from our weekly survey across three key topics:

  • Increased consumer purchases in discretionary categories
  • Whether respondents are avoiding public areas—and which types of places they are avoiding
  • Consumers’ return to foodservice locations

Our full report is available to premium subscribers and includes further findings on shoppers’ current spending habits and the retailers they shopped at.

Click here to view all of our weekly survey reports.

Click here to view Coresight Research’s US Consumer Tracker Databank.

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Reasons to Read

In each report in the Weinswig’s Weekly series, Coresight Research CEO and Founder Deborah Weinswig reflects on a topical theme in retail. This week’s note “From the Desk of Deborah Weinswig” discusses recent updates in the sustainability space from major European retailers including ASOS, Tesco and Zalando.

Each report also includes recent retail and technology headlines from Asia, Europe and the US.

This report is available for free and can be accessed by registering for a free account.

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Reasons to Read

Coresight Research’s monthly reports keep you up to date on retail sales (in total and by sector) and key consumer indicators, focusing on the US, the UK and China. Click here to view our full collection of Monthly Reports.

Complementing our monthly reports, the Coresight Research US Retail Sales Databank brings together retail sales data to help you understand the scale and trajectory of US retail.

Using data from the US Census Bureau, we look at which retail sectors saw sales surge and which did not do well in March 2021. This report covers the following:

  • US total retail sales excluding gasoline and automobiles—year-over-year and two-year growth
  • US total retail sales including gasoline and automobiles—year-over-year change
  • US total retail sales excluding gasoline and automobiles—month-over-month change
  • Retail sales growth by sector
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Reasons to Read

Our Weekly US and UK Store Openings and Closures Tracker reports on store closures, openings and bankruptcies. We cover:

  • A week-by-week comparison of store openings and closures in the US and UK year to date in 2021
  • What is happening in retail in the US and UK this week
  • Year-to-date 2021 major US and UK store openings and closures

Our Weekly US and UK Store Openings and Closures Tracker reports on store closures, openings and bankruptcies. This week, there are highlights from Roche Bros in the US and Frasers Group, Gym+Coffee, Kurt Geiger, Monsoon Accessorize, No Chaos, The Original Factory Shop and Zara in the UK.

We also discuss quarterly store opening and closure settlements following the release of quarterly company filings this week.

Click here to view our full collection of Weekly US and UK Store Openings and Closures Tracker reports.

Complementing our weekly report, the Coresight Research US Store Tracker Databank offers our premium subscribers access to openings and closures data from 2012 to 2021 year to date, filterable by sector and year. Click here to view.

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Reasons to Read

Loyalty programs have become more significant to retailers’ sales growth and customer-engagement strategies following the impacts of the Covid-19 pandemic on consumer shopping behavior in 2020.

In this report, we explore how US retailers can improve their loyalty programs moving forward and discuss key trends in the space, including gamification and personalization.

Content

What’s the Story?

Why It Matters

Loyalty Programs in the US: In Detail

Types of Loyalty Programs: Proprietary vs. Coalition

Leveraging Consumer Data: Personalized Promotion and Rewards

Loyalty Program Best Practices To Improve Customer Experience

Key Trends in Retail Loyalty Programs

What We Think

Implications for Brands/Retailers

Implications for Technology Vendors

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Reasons to Read

Coresight Research’s new US Off-Price Retail Store Insights quarterly series covers the recent performance of Burlington Stores, Ross Stores and The TJX Companies, highlighting trends in comparable sales, revenue, trending product categories and areas of note by management.

In this report, we look at the performance of the three retailers in in their most recently reported quarter (the fourth quarter of the fiscal year ended January 30, 2021—4Q20 for Burlington and Ross; 4Q21 for TJX) and discuss relevant fiscal-year highlights. As this is the first report in our new series, we provide an overview of the companies and their retail banners in the appendix.

Click here to read our US Department Store Insights, 4Q20 report, which covers the recent performance of Kohl’s, Macy’s and Nordstrom.

Content

US Off-Price Retail Insights

4Q20: In Detail

Comparable Sales: Sequential 4Q20 Comp Improvements and Stimulus-Driven Sales in January

Revenue: Year-over-Year Declines but a More Positive Second Half of 2020

Product Categories: Home and Gifts Are Trending

Areas of Note by Management

What We Think

Appendix: Overview of the Off-Price Companies and Retail Banners

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