Company ProfilePinduoduo (NASDAQ: PDD) Company Profile Coresight Research March 5, 2021 Reasons to ReadCoresight 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current management team As of February 2022, this company is no longer part of the Coresight 100 and this profile is no longer updated.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. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in:Weekly US and UK Store Openings and Closures Tracker 2025, Week 4: Store Closures Near 2,100 in the USGroceryshop 2025 Day Three: Driving Grocery’s Future with AI, New Revenue Models and Unified VisionAnalyst Corner: The Labubu Craze—Revealing How Gens Z and Alpha Are Redefining Retail, with Charlie PoonThree Data Points We’re Watching This Week, Week 26: US Consumer Survey Insights
Store TrackerWeekly US and UK Store Openings and Closures Tracker 2021, Week 9: TJX Companies To Open 81 Net US Stores in 2021 Coresight Research March 5, 2021 Reasons to ReadOur 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 Amazon, Bath & Body Works, Bob’s Discount Furniture, Casper Sleep, Dick’s Sporting Goods, Hudson, Macy’s, Paper Source, Payless, Sprouts Farmers Market, TJX Companies and Victoria’s Secret in the US and Amazon, Sainsbury’s, Tesco and Thomas Pink in the UK. 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. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in:Retail 2025 Sector Outlooks: EbookGroceryshop 2025 Day Two: Unlocking Growth with AI, GLP-1 Shifts and Retail MediaInnovator Profile: Lumi AI—Uncovering Hidden Value with Automated Data IntelligenceThree Data Points We’re Watching This Week, Week 12: US Retail and Consumer Latest
Insight ReportFebruary 2021 Leading Indicators of US Retail Sales: Without Additional Stimulus, Early Spring Sales Look Set To Weaken Coresight Research March 5, 2021 Reasons to ReadThis monthly series tracks several major macroeconomic indicators and their likely effect on US retail sales. We analyze the latest available data, as of the end of February 2021. This report includes discussion of the following 10 indicators: Unemployment rate Labor force participation rate Disposable income Average hourly wages Consumer sentiment Savings rate Gas prices Interest rate Housing starts Home price index Click here to read the previous report in this series. 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. Contents What’s the Story? Why It Matters Leading Indicators of US Retail Sales: In Detail Indicators Overview The Job Market Income, Savings and Sentiment Housing What We Think Implications for Brands/Retailers Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in:Profiling Six Artificial Intelligence Startups: AI Showcase InsightsMay 2025 US Retail Sales: Core Sales Growth Proves Solid Despite Pull-Forward of PurchasesAnalyst Corner: Three Consumer-Focused Predictions for US Retail for the Second Half of 2025, with Anand KumarWeekly US Store Openings and Closures Tracker 2025, Week 36: Bath & Body Works and Ollie’s Bargain Outlet To Open Additional Stores
Store TrackerUS Store Tracker Extra, February 2021: 2,222 Store Closures by Major US Retailers Will Result in 31 Million Square Feet of Closed Retail Space in 2021 Coresight Research March 4, 2021 Reasons to ReadOur 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 February 26, 2021 (corresponding to week eight 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 Trackers 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. CONTENTS Store Tracker Extra: More Data Each Month 2021 Major US Store Closures: Proportion of Store Base and Square Footage 2021 Major US Store Openings: Proportion of Store Base and Square Footage 2021 Versus 2020: A Year-to-Date Comparison US Retail Bankruptcies: 2021 Versus 2020 Other Major US Retail Opening Announcements in February 2021 Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in:Innovator Profile: ReFiBuy—Solving Research-Find-Buy E-commerce Challenges with Agentic AIEconomic Sentiment Declines Significantly: Weekly US Consumer Sentiment, Week 43, 2025—Data GraphicWeekly US Store Openings and Closures Tracker 2025, Week 26: Kroger To Close 60 StoresPersonal Financial Sentiment Hits Six-Month Low: Weekly US Consumer Sentiment, Week 48, 2025—Data Graphic
Insight ReportFive Trends in the US CBD Market Coresight Research March 4, 2021 Reasons to ReadWith heightened consumer focus on health and wellness in response to the Covid-19 pandemic, interest in the therapeutic benefits attributed to CBD has also spiked in the US. In this report, we discuss the following five key trends in the US CBD market: Increased regulation Consolidation in the CBD space CBD pet products Secondary Cannabinoids Celebrity Endorsements Click here to read our beauty insights report on CBD and the future of health and wellness. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in:The Evolving Supply Chain Landscape: Tariffs, Holiday 2025, and What’s Next: Insights Presented by Deborah Weinswig at The Lead SummitInnovator Profile: Nectar Social—Elevating Consumer Engagement Through Agentic Social CommerceThree Data Points We’re Watching This Week, Week 24: Consumer Sentiment Improves: US vs. ChinaGroceryshop 2025 Day Three: Driving Grocery’s Future with AI, New Revenue Models and Unified Vision
Insight ReportSustainability Insights: 2021 Brings a Heightened Focus on Climate Change in Retail Coresight Research March 4, 2021 Reasons to ReadClimate change is a global issue that is seeing increased interest from investors, customers and employees alike. In this report, we explore developments in environmental sustainability efforts globally, as well as how retailers can address their impact on climate change in the supply chain. We discuss highlights from the US, including President Biden’s commitments to tackling climate change and the progress of selected major retailers in tackling climate change—namely, Amazon, LVMH, Macy’s and Walmart. Click here to read more about Coresight Research’s EnCORE framework for environmental sustainability in retail. Click here to view more Coresight Research coverage of sustainability. Click here to view the Event Presentation. CONTENTS What’s the Story? Why It Matters Climate Change: In Detail A New Paradigm: Co-operation Between Governments and Businesses Major Retailers Focus on Addressing Climate Change Amazon LVMH Macy’s Walmart Investors What We Think Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in:Retail-Tech Landscape: Retail MediaShoptalk Fall 2025 Day Three: From Constraints to Catalysts—Technology Driving the Next Era of RetailHigh-Income Consumers’ Sentiment Soars Ahead; Plus, Home and Home-Improvement Shopping in Focus: US Consumer Survey InsightsInside India’s Flourishing Men’s Skincare Market—Masstige Growth, Celebrity Influence and Tech Innovation
Insight Report2021 US Tax Tracker #1: IRS Issues $48 Billion in Refunds Coresight Research March 4, 2021 Reasons to ReadEach year, the IRS reports tax return filings and refunds on a weekly basis, until the April 15 deadline. In this report, we look at what happened in the first week of the 2021 tax filing season, which started on February 12 this year. Refunds are down compared to the same time last year, but up significantly compared to the first week of the 2020 filing season. Filings are down compared to the same time last year, but up significantly compared to the first week of the 2020 filing season. The IRS rolled out some new features, including making forms available in a range of languages besides English and allowances for charitable deductions under the Coronavirus Aid, Relief, and Economic Security Act (CARES) Act. Click here to read our wrap-up report on the 2020 tax filing season. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in:Analyst Corner: Understand Who Shops Where in US Retail, with John MercerWeekly UK Store Openings and Closures Tracker 2025, Week 19: Store Closures Down 25% Year Over YearInnovator Profile: Big Sur AI—Boosting Brands’ Profitability with Commerce-First AI AgentsSector Focus: Off-Price Shopping—Data Graphic
Insight ReportCoresight Research x Placer.ai: US Retail 2021—A Data-Driven Exploration of Retail Traffic Trends and the Future of Malls Coresight Research March 3, 2021 Reasons to ReadOn February 23, 2021, Coresight Research and location analytics provider Placer.ai hosted a webinar to delve into some of the key shifts impacting the retail industry in the US. In this free report, we present data-driven insights from the event, covering foot traffic trends at selected brands, the future of malls and consumer migration from cities to suburbs. Click here to watch the video recording of this webinar. Click here to read insights from the Coresight Research x Placer.ai session at NRF 2021, which explored the prospects for brick-and-mortar retail in 2021. Click here to read highlights from Coresight Research’s conversation with Placer.ai in July 2020 about the Covid-19 recovery in retail. Non-subscribers can access the report for free by completing the form on this page. CONTENTS An Introduction to Placer.ai Background Retail 2021: A Data-Driven Exploration of Current Trends and Industry Shifts Retail Sales Update: January 2021 Foot Traffic: Analyzing the Performance of Selected Brands in Early 2021 The Road Ahead for Malls The Future of Cities Retailers Should Take Action in Uncertain Times Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in:Innovator Profile: Sotira—Monetizing Surplus Inventory with Automated Compliance, Logistics and Resale ChannelsConsumer Sentiment Continues to Improve; Plus, Online Shopping in Focus: US Consumer Survey InsightsAnalyst Corner: Agentic Commerce Is Progressing at Warp Speed, with John HarmonFive Ways Brands and Retailers Can Use AI/ML and Shared Data to Energize End-to-End Product Management
Market Navigators/Market OutlookMarket Outlook: Retail Technology Becomes Even More Crucial in 2021 Coresight Research March 3, 2021 Reasons to ReadIn this Market Outlook, we discuss the global retail technology market in a pandemic-impacted retail environment. We present data on the size of the global market and its major segments, and we outline the primary market drivers in 2021. This report explores the competitive landscape and key tech trends across the segments of cloud computing, enterprise software, supply chain software, AI platforms and retail hardware. Click here to see more Coresight Research coverage of retail technology. Click here to read more Coresight Research Market Outlook reports. Click here to read our innovator research. CONTENTS What’s the Story? Retail Technology Market Performance and Forecast Market Drivers Competitive Landscape Retail Innovators Themes We Are Watching What We Think Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in:Holiday 2025 Survey Insights: Discount Retailers Dominate Top 10 as Government Shutdown ImpactsInnovator Profile: Sotira—Managing Reverse Logistics and Offloading Surplus Inventory with AIAgentic Commerce: What Retailers Need to Know for Holiday 2025 and to Succeed in 2026—Premium Subscriber Call, October 2025Weekly UK Store Openings and Closures Tracker 2025, Week 32: Co-op Opens New-Format Micro Store
Free Data GraphicCoresight Bites: US Retail amid Economic Recovery—Learnings from the Global Financial Crisis Coresight Research March 3, 2021 With vaccination efforts well under way in the US, a return to more normal ways of living, working and shopping is on the horizon, although new strains of the coronavirus are tempering expectations of recovery. We examine the impending economic recovery from the Covid-19 crisis in the US and its likely impact on retail, through the lens of recovery from the 2008 Global Financial Crisis (GFC). Click the image to read more about the topic. This document was generated for Other research you may be interested in:Holiday 2024: US Retail Wrap-Up—Apparel and Amazon Dominate SpendingAugust 2025 US Retail Sales Outlook: July Strength and Improved Outlook Score Raise Retail Projection Above 4%Taking the Temperature on Tariffs Ahead of August 1: How Are Different Consumer Groups Reacting? US Consumer Survey Insights ExtraGroceryshop 2025 Day Two: Unlocking Growth with AI, GLP-1 Shifts and Retail Media
Deep DiveUS Retail amid Economic Recovery: Learnings from the Global Financial Crisis Coresight Research March 2, 2021 Reasons to ReadIn 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. Click here for all of our coverage on the impact of coronavirus on retail. CONTENTS What’s the Story? Why It Matters US Retail amid Economic Recovery: A Deep Dive Differences Similarities What We Think Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in:The Agentic AI Playbook: Insights Presented by Deborah Weinswig at NRF 2025: Retail’s Big Show APACAnalyst Corner: Singles’ Day 2025 Trends See AI Move Center Stage, with John MercerConsumer Sentiment Peaks Ahead of Singles’ Day—Then Stabilizes: China Consumer Survey InsightsThe State of US Consumer Sentiment: Insights Presented at NARG Spring Meeting 2025
Insight ReportChina Retail Insights: How Are Emerging Offline Beauty Retailers Winning Young Shoppers? Coresight Research March 2, 2021 Reasons to ReadBeauty was one of the most resilient discretionary categories in China in 2020, and a new wave of domestic offline beauty retailers is emerging. In this report, we explore how these new brick-and-mortar beauty retailers are achieving success in the China market by enhancing the shopping experience and gaining huge exposure on social media to appeal to young Chinese consumers. Click here to read the previous report in our China Retail Insights series (formerly Insights from China), which explores the online secondhand retail market, covering the major market players, current challenges and how brands and retailers can capitalize on the growing recommerce trend. CONTENTS Beauty Remains Resilient in China Newcomers in China’s Offline Beauty Market Harmay The Colorist WOW Colour Decoding the Early Success Behind Emerging Beauty Retailers in China Differentiated Merchandise To Excite Young Shoppers Social Media-Friendly Store Designs Omnichannel Shopping Experiences What We Think Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in:Research Preview: Agentic Commerce—Retail Moves to Product Visibility and Checkout on ChatGPTEssential Guide to Shoptalk Spring 2025: Navigating the Future of Customer-Centric Retail with AI and Unified CommerceWeekly US Store Openings and Closures Tracker 2025, Week 21: US Store Closure Cross 5,000 as Rite Aid Begins Closing StoresInnovator Profile: ShopVision—Paving the Way for Intelligent E-Commerce with an AI Teammate
Free Data GraphicThree Things You Need To Know: US Consumer Tracker—Signs of a Return to Stores Coresight Research March 2, 2021 We present Three Things You Need To Know on US Consumer Tracker: Signs of a Return to Stores. Find the full report here. This document was generated for Other research you may be interested in:Weekly UK Store Openings and Closures Tracker 2025, Week 44: Shoe Zone Closes StoresUS Grocery Retailing—Market Forecast and Competitive Landscape: Nontraditional Grocers To Gain Share Amid Weak Volume Demand and Tariff PressuresRetail Trends and Shopper Traffic Update, Q3: Early Findings & Strategic OutlookSector Focus: Department Stores—Data Graphic
Event PresentationRetail 2021 and Beyond Coresight Research March 1, 2021 Reasons to ReadDeborah Weinswig, CEO and Founder of Coresight Research discusses the macro view of retail in 2021 and the longer-term opportunities. To access these insights and join future events, subscribe to Coresight Research. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in:Three Data Points We’re Watching This Week, Week 12: US Retail and Consumer LatestInnovator Profile: BetterBasket—Optimizing Grocery Pricing with AI-Driven InsightsPositive Sentiment Trend Comes to an End: Weekly US Consumer Sentiment, Week 21, 2025—InfographicFinancial Confidence Stabilizes: Weekly US Consumer Sentiment, Week 42, 2025—Data Graphic
Insight ReportEarnings Insights 4Q20, Week 4: Home Categories Stand Strong, While Apparel Sees Weak Demand Coresight Research March 1, 2021 Reasons to ReadOur weekly Earnings Insights reports feature highlights from recent management commentary at major US retailers within our Coresight 100 coverage list, as they report fourth-quarter 2020 earnings. We condense what retail companies are reporting regarding the following key content: Management commentary on demand trends in the fourth quarter (where reported)—including comparable sales growth, details on consumer demand by category or channel, and qualitative insights The impact of the Covid-19 pandemic on recent performance The outlook for demand, as reflected in revenue guidance or more qualitative commentary This week, there are highlights from companies that reported in the week ended February 28, 2021—namely, Best Buy, Farfetch, Home Depot, L Brands, Lowe’s, Macy’s, The RealReal, The TJX Companies and Wayfair. Read the Earnings Insight 4Q20, Week 3 report here. Click here to read the final report in the Earnings Insights 3Q20 series. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in:Diwali’s Global Rise Is Reshaping the Retail Growth CycleAnalyst Corner: Understand Who Shops Where in US Retail, with John MercerSeasonal Shopping, 1Q25—Expectations for Valentine’s Day and Presidents’ Day: US Consumer Survey Insights ExtraRetail 2025: 10 Trends Shaping the Retail Media Market
