Reasons to Read

Coresight Research has identified last-mile evolution as one of the key trends to watch in 2021, with consumer demand increasing for faster, more secure and trackable fulfillment. In this report, we discuss four technological innovations that US retailers are implementing to increase the efficiency of their last-mile logistics operations and thus gain a competitive advantage:

  1. Autonomous delivery robots
  2. BOPIS (buy online, pick up in-store) and curbside pickup
  3. Smart lockers
  4. Visibility tools

We present an overview of each technology, and recent developments and case studies, highlighting relevant retailers and technology vendors. We also discuss an outlook for the future adoption of each innovation.

Follow the links to read more Coresight Research coverage of robotics and retail technology.

Contents

What’s the Story?

Why It Matters

Technological Innovations in the Last Mile: A Deep Dive

  1. Autonomous Delivery Robots
  2. BOPIS and Curbside Pickup
  3. Smart Lockers
  4. Visibility Tools

What We Think

Implications for Retailers

Implications for Technology Vendors

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Reasons to Read

Coresight Research’s new Think Tank series delves into the trends and segments that we have identified as presenting growth opportunities in retail in 2021 and beyond. We provide a definitive overview of each topic and its impact on retail.

In this report, we explore the community group-buying market in China, covering a timeline of key developments and the advantages that the model presents for both consumers and retailers. We discuss the key players in the China market—including startups and Internet giants—and consider the future of the market in China and internationally.

Click here to read about our key global retail and consumer trends in 2021.

CONTENTS

What’s the Story?

Why It Matters

Community Group Buying: A Think Tank

What Is Community Group Buying?

Timeline of Market Developments

Five Key Advantages of the Community Group-Buying Model for Retailers

Key Players in the Community Group-Buying Market

The Future of the Community Group-Buying Market

What We Think

Implications for Brands/Retailers

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Reasons to Read

Our monthly US Store Tracker Extra report supplements the Weekly US and UK Store Openings and Closures Tracker reports with additional insight, including retailer-level data on square footage and closures and openings as a percentage of total store base.

This report also offers a comparison between year-to-date announced closures and openings at the end of each month in 2021 versus the comparable period in 2020.

Year-to-date data in this report is as of March 26, 2021 (corresponding to week 12 in our Weekly US and UK Store Openings and Closures Tracker).

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

The Coresight Research Retail Store 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

Each year, the IRS reports tax return filings and refunds on a weekly basis, extending its deadline to May 17 this year amid the pandemic. In this report, we look at what happened in the fifth week of the 2021 tax filing season, which got off to a delayed start on February 12 this year.

  • The number of refunds issued is down compared to the same time last year.
  • Filings are down compared to the same time last year, as is the number of returns processed.
  • The number of taxpayers using the IRS website to access information has increased dramatically compared to last year.

Click here to read our previous report on the first week of the 2021 tax filing season.

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Reasons to Read

With Easter fast approaching, we assess the planned spending of US consumers on the holiday this year. We discuss the outlook for retail this Easter in light of current shopping trends and against weak comparatives for April 2020 amid a coronavirus-impacted retail environment.

In this report, we consider opportunities for retailers to drive Easter spending and prominent seasonal themes at major US retailers Kohl’s, Target and Walmart.

Click here for our US retail sales databank.

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Reasons to Read

Analyzing consumer demand in February 2021, we saw solid retail sales growth in the US, while the UK posted its third consecutive month of decline. China saw very high growth momentum, owing to weak comparatives from 2020.

We examine data and assess the overall trends in the US, the UK and China across the following key consumer indicators:

  • Earnings versus inflation
  • Food and fuel prices
  • Retail sales

Coresight Research’s monthly reports keep you up to date on US, UK and China retail sales, US retail traffic and in-store metrics, and key global consumer indicators. 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.

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Reasons to Read

Coresight Research’s new US Department Store Insights quarterly series covers the recent performance of Kohl’s, Macy’s and Nordstrom, highlighting trends in comparable sales, revenue, digital sales, product categories and areas of note by management.

In this report, we look at the performance of the three retailers in the fourth quarter of 2020 (4Q20, ended January 30, 2021) and discuss relevant fiscal 2020 highlights.

Contents

US Department Store Insights

4Q20: In Detail

Comparable Sales: Improvements at Kohl’s and Macy’s, Quarter over Quarter, Versus a Deepening Decline at Nordstrom

Revenue: Year-over-Year Declines Across the Three Department Stores

Digital Sales: High E-Commerce Penetration in 4Q20 but Not a Standout Quarter

Sales Growth: Kohl’s Sees the Highest Digital Sales Growth and Lowest Physical Sales Decline, Year over Year

Product Categories: Home, Active and Beauty Categories Remain Strong; Apparel Is Struggling

Area of Note by Management: New, Younger Customers

What We Think

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Although Tata Group is a large conglomerate with operations in 10 sectors and over 100 countries, Reliance Retail Ventures (a subsidiary of Reliance Industries) is the undisputed leader of India’s organized retail market.

At a time when Reliance Industries is consolidating its position within Indian retail and threatening the status quo of other major players, Tata Sons (the holding company of Tata Group) is acting to consolidate its position in retail too. Starting with the BigBasket investment, the company is looking to invest in 1mg, an online pharmacy, and develop a WeChat-like “super app.”

Click the image to read more about the topic.

Reasons to Read

This report provides select findings from Coresight Research’s March 22 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:

  • Respondents’ expectations for spending on Easter 2021
  • What categories respondents are purchasing online and in-store
  • Whether respondents are avoiding public areas —and which types of places they are avoiding

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

Click here to view all of our weekly survey reports.

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Reasons to Read

Coresight Research’s March 22 survey provides a detailed update on US consumers’ behaviors, concerns and expectations amid the coronavirus crisis, with a focus on the implications for US retail.

Our tracker questions cover the following:

  • Respondents’ spending expectations for Easter 2021
  • What activities respondents have done in the past two weeks
  • Whether respondents are currently avoiding public areas—and which types of places they are avoiding
  • What product categories respondents had purchased in-store and online in the past two weeks
  • Which retailers respondents had bought food and nonfood products from in the past two weeks

We also present findings and trend data on what consumers are buying more and less of than pre-pandemic.

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.

CONTENTS 

What’s the Story?

Consumers’ Easter Spending Plans

What Shoppers Are Doing and Where They Are Going

Consumer Activity Dips Slightly

Consumers’ Return to Public Places Stalls

What Shoppers Are Buying and Which Retailers They Are Buying From

What Consumers Bought In-Store and Online

Which Retailers Consumers Purchased Food and Nonfood Products From

Reviewing Trend Data in Current Purchasing Behavior

What Consumers Are Currently Buying More Of and Less Of

What We Think

Methodology

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Reasons to Read

Coresight Research’s monthly reports keep you up to date on US and UK retail sales, US retail traffic and in-store metrics and key global consumer indicators. Click here to view our full collection of Monthly Reports.

We review the February 2021 data for UK retail in total and by sector. This report covers the following:

  • The trend in total value and volume retail sales growth over the last 13 months
  • Value sales growth for 20 sectors across food and nonfood retail, for each of the latest three months
  • Growth in online retail sales, by major sector
  • A Covid-19 lockdown timeline
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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 the impact of US lockdowns on seasonal spending, including our outlook for Easter retail.

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

On March 25, 2021, Deborah Weinswig, CEO and Founder of Coresight Research, moderated Alibaba’s Tmall Global Summit.

In this free report, we present three key insights from the event, covering a framework for brands to enter the China market, strategies for startups to go global and recommendations for brands to succeed in China.

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

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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

This week, there are highlights from 7-Eleven, Alimentation Couche-Tard, At Home, Designer Brands, Fabletics, Hobby Lobby, Kroger and Signet Jewelers in the US and Beales, Decathlon, Dunelm, John Lewis, Joules and Mango in the UK. We also discuss US 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 Trackers.

Complementing our weekly report, the Coresight Research Retail Store 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

Home-goods retailers are stepping up their focus on mobile applications as part of a wider pivot to e-commerce. In this report, we discuss

  • Why this trend in mobile applications one to watch for US home-goods retailers
  • Recent initiatives taken by Home Depot, IKEA and Tractor Supply to improve their mobile app offerings
  • Implications for brands, retailers and technology vendors

To read about US home and home-improvement retailers handle returns, click here.

Click here to read our e-commerce outlook for US furniture and home furnishings.

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