Reasons to Read

We review store closures and openings in the US and the UK for the full-year 2020. We break down the numbers by sector and analyze the key retailers that significantly contributed to total openings and closures over the course of the year. We also present our projections of US store closures and openings in 2021.

Coresight Research’s Weekly US and UK Store Openings and Closures Tracker reports on store closures, openings and bankruptcies.

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.

CONTENTS

What’s the Story?

US Store Closures: Apparel Stores Saw the Most Closures

Apparel, Footwear and Accessories: Sector Breakdown

Store Closures Across Other Sectors

US Store Openings: Discount Stores Led in Store Openings

Discount Stores: Sector Breakdown

Store Openings Across Other Sectors

UK Store Closures: Apparel Stores and Electronics Retailers Drove Store Closures

UK Store Openings: Grocery Retailers Recorded the Most Openings

US Outlook for 2021

Estimating 10,000 Closures in 2021

US Store Openings Could Reach 4,000 in 2021

What We Think

Implications for Brands/Retailers 

Implications for Real Estate Firms

Note on Methodology

 

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Reasons to Read

Adaptive apparel refers to clothing and footwear designed to meet the needs of individuals with disabilities and conditions. We present highlights from the US market, covering the following key topics:

  • The adaptive consumer—disability types in the US by age range
  • Retailers and brands in the adaptive space—a timeline of recent market entrants
  • Recent innovations, including brand partnerships and community building
  • Catalysts for market growth

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

This free report is a preview to our Think Tank: The US Adaptive Apparel Market. The Coresight Research Think Tank series delves into the trends and segments that we have identified as key for 2021 and beyond. We provide a definitive overview of each topic and its impact on retail.

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Reasons to Read

Analyzing consumer demand in December 2020, we saw strong retail sales growth in the US and China, while the UK posted a marginal decline.

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

For Coresight Research’s new Head-to-Head series, we compare China’s two largest e-commerce companies, Alibaba and JD.com. In this report, we discuss the companies’ evolving business models, investment strategies, and selected financial and operating metrics to provide insights into their next stages of growth.

Contents

What’s the Story?

Why It Matters

Alibaba vs. JD.com: A Deep Dive

Business Models

Share of China’s E-Commerce Market

Revenue Growth

Profitability

Internally Developed Technologies: Growth Drivers

JD.com’s Logistics Development: In Detail

Alibaba’s Logistics Development: In Detail

New Retail

Where Are the Two Companies Heading?

What We Think

Implications for Brands/Retailers

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Reasons to Read

NRF 2021, the annual “Retail’s Big Show” event hosted by the National Retail Federation (NRF), is taking place virtually over six days between January 12 and 22.

The Coresight Research team presents our five key insights from day six of the event, which focused on the stickiness of pandemic-driven consumer shopping behaviors, new opportunities in the health and wellness market and growth in China’s luxury market.

We also offer our closing thoughts on the digital event as a whole.

Read our insights from day one, day two, day three, day four and day five of NRF 2021.

Coresight Research CEO and Founder Deborah Weinswig also hosted a session on day four of NRF 2021 with location data analytics startup Placer.ai. Click here to read highlights from the session.

Look out for our separate report presenting key takeaways from day six of the event.

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Reasons to Read

The Coresight Research and IRI monthly US CPG Sales Tracker provides our data-driven insights into online sales trends in the US CPG industry—covering the product categories of food & beverage; health & beauty; and general merchandise & homecare.

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

In this free report, we present five key insights from the four weeks ended December 27, 2020, across the following metrics:

  • Year-over-year growth of CPG e-commerce sales versus growth in total CPG sales, as well as online penetration rates in food and nonfood CPG
  • Online sales growth by category type
  • Breakdown of online sales by category
  • Online sales growth of food & beverage departments
  • Online sales growth of nonfood departments such as beauty and homecare

Click here to read more reports in our US CPG Sales Tracker series.

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We present Three Things You Need To Know on US Consumer Tracker: Signs of Consumers’ Return to In-Store Shopping. Find the full report here.

 

Reasons to Read

This report forms part of our Innovator Profile series, which focuses on emerging technologies that are disrupting traditional retail and fueling innovation across the retail value chain.

In this free report, we profile Trivver, an extended-reality marketing solutions provider that empowers retailers to create augmented- and virtual-reality advertisement campaigns and generate detailed insights into their effectiveness.

Coresight Research collaborated with Trivver to offer insights into the company’s business model and offerings.

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

Contents

What’s the Story?

Why It Matters

Trivver: In Detail

What Problem Is the Company Solving?

How the Covid-19 Pandemic Has Impacted Business

Case Studies

Competitive Advantages

Upcoming Developments

What We Think

 

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Reasons to Read

We review UK retail sales and major retailers’ trading updates from the 2020 holiday period. This UK Retail Wrap-Up report can help to gauge the scale and shape of demand as we head further into 2021. We provide trading updates for a comprehensive list of UK retailers including ASOS, Dixons Carphone, M&S, Next, Sainsbury’s and Tesco, as well as a timeline of key events in the UK related to Covid-19.

See also our US Retail Wrap-Up report.

CONTENTS

What’s the Story?

Why It Matters

Holiday Retail Sales: In Detail

Retailers’ Trading Updates: In Detail

Major UK Retailers’ Holiday-Period Trading Updates: 2020 vs. 2019

What We Think

Appendix: UK Covid-19 Timeline

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Reasons to Read

Coresight Research’s January 18 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:

  • 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
  • What activities respondents have done in the past two weeks and what they expect to do in the next two weeks
  • Whether respondents are currently avoiding public areas—and which types of places they are avoiding

We also present findings and trend data on shoppers’ current shopping and online spending habits—including what they 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?

What Shoppers Are Buying and Which Retailers They Are Buying From

What Consumers Bought In-Store and Online

Retailers: Where Consumers Shopped

What Shoppers Are Doing and Where They Are Going

Visits to Food Service Locations Remain Low

More Consumers Expect To Get a Haircut in the Next Two Weeks

Eight in 10 Are Currently Avoiding Public Places

Reviewing Trend Data in Current Purchasing Behavior

What Consumers Are Currently Buying More Of and Less Of

Two-Thirds Are Switching Spending Online

What Consumers Are Currently Buying More Of Online

What We Think

Methodology

 

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Reasons to Read

This report provides select findings from Coresight Research’s January 18 survey of US consumers on their behaviors and expectations, with a focus on implications for retailers. This week, we discuss what consumers bought in-store and online and the avoidance rate of public places.

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:

  1. Consumers’ apparel purchases in-store and online
  2. Avoidance rates of shopping centers and shops in general
  3. Which retailers consumers purchased from for food and nonfood products

Our full report  is available to premium subscribers and includes further findings on shoppers’ current online spending habits and the activities they expect to do in the next two weeks.

Click here to view all of our weekly survey reports.

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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 retail sales data for the US and China in 2020.

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

NRF 2021, the annual “Retail’s Big Show” event hosted by the National Retail Federation (NRF), is taking place virtually over six days between January 12 and 22.

The Coresight Research team presents our 10 key insights from day five of the event, which focused on improving customer support in the age of digital shopping. Panelists also emphasized the importance of a strong, integrated cloud structure in driving innovation and agility.

Read our insights from day one, day two, day three and day four of NRF 2021.

Coresight Research CEO and Founder Deborah Weinswig also hosted a session on day four of NRF 2021 with location data analytics startup Placer.ai. Click here to read highlights from the session.

Look out for our separate report presenting key takeaways from day six of the event.

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

CONTENTS

NRF 2021 Day Five: 10 Key Insights

  1. Sally Beauty Leverages IBM Sterling To Remain Agile
  2. Salesforce Highlights the Importance of People and Tech in the New World of Retail
  3. For PVH Corp., Retail in 2020 Was Defined by a Focus on Meeting Consumer Needs
  4. Integrated Cloud Solutions Can Accelerate Innovation and Improve Agility
  5. The Store of the Future Will Emphasize Personalized, Purposeful Shopping Experiences
  6. Automation and Augmentation Can Reduce In-Store Friction
  7. Allbirds Takes a Holistic View of the Customer and Omnichannel Shopping
  8. Estée Lauder Leverages a Unified Cloud and AI to Improve Customer Support
  9. The “Now” Customer Dominates Retail
  10. Retailers Must Engage with Consumers on Their Own Terms

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