Reasons to Read

This report provides select findings from Coresight Research’s November 10 survey of US consumers on their behaviors and expectations, with a focus on implications for retailers. This week, we discuss consumer attitudes toward product returns amid the pandemic and for the 2020 holiday season.

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. Consumer preferences for product returns—whether in-store or online—amid the pandemic
  2. Consumer expectations for post-holiday returns
  3. The sustained penetration of e-commerce

Our full report is available to premium subscribers and includes further findings on the following:

  • 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 or travel—and which types of places or travel they are avoiding
  • Whether respondents are buying more or less of any retail categories as a result of Covid-19 and, if so, which types of products
  • Whether US shoppers are making more purchases online during the coronavirus pandemic and, if so, which categories

Our latest research provides an update to our previous reports, which were based on surveys undertaken on November 10, November 3, October 27, October 20, October 13, October 6, September 29,  September 22, September 15, September 9, September 2, August 26, August 19, August 12, August 5, July 29, July 22, July 15, July 8, July 1, June 24, June 17, June 10, June 3, May 27, May 20, May 13, May 6, April 29, April 22, April 15, April 8, April 1, March 25 and March 17–18.

In addition to our US consumer surveys, Coresight Research is publishing ongoing coverage on the coronavirus pandemic, which can be accessed here.

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Reasons to Read

Coresight Research’s November 17 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.

This week, we focus on consumer attitudes toward product returns. Our findings cover the following:

  • Whether respondents had returned any unwanted purchases in the past 12 months—and if so, in which product categories
  • Consumer preferences for product returns—whether in-store or online—amid the pandemic
  • Consumer expectations for post-holiday returns

We also discuss a number of survey findings on consumers’ current and expected behaviors, as well as trended data on spending/shopping:

  • 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 or travel—and which types of places or travel they are avoiding
  • Whether respondents are buying more or less of any retail categories as a result of Covid-19 and, if so, which types of products
  • Whether US shoppers are making more purchases online during the coronavirus pandemic and, if so, which categories

The findings provide an update to our previous reports, which were based on surveys undertaken on November 10, November 3, October 27, October 20, October 13, October 6, September 29, September 22, September 15, September 9, September 2, August 26, August 19, August 12, August 5, July 29, July 22, July 15, July 8, July 1, June 24, June 17, June 10, June 3, May 27, May 20, May 13, May 6, April 29, April 22, April 15, April 8, April 1, March 25 and March 17–18.

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

Click here to view additional coverage of the impact of Covid-19 on retail.

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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 retailer and consumer creativity for the holiday shopping season.

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

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 2020
  • What is happening in retail in the US and UK this week
  • Year-to-date 2020 major US and UK store openings and closures
  • 2020 major US retail bankruptcies
  • New non-store-closure news

This week, there are highlights from Ascena Retail Group, Francesca’s and Herman Miller in the US and Poundland and WHSmith 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 Trackers.

Complementing our weekly Tracker report, the Coresight Research Retail Store Databank offers our premium subscribers access to openings and closures data from 2012 to 2020 year to date, filterable by sector and year. Click here to view.

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Reasons to Read

Started as an online-only shopping festival, Singles’ Day has been shifting toward an omnichannel presence, leveraging Alibaba’s concept of “New Retail” to extend the event to offline retail.

In this report, we discuss three key New Retail strategies that brands and Alibaba’s Tmall platform launched for this year’s Double 11:

  1. Offline experiential events—such as pop-up shops, with examples from Midea and Panasonic
  2. 3D virtual showrooms—including the Tmall 3D Mall for home-furnishing brands
  3. Online coupons

Read our New Retail Briefing series to keep up to date with recent developments in New Retail in China and Beyond.

Click here to read more about Singles’ Day 2020, as well as further Coresight Research coverage of past Singles’ Day events.

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We present Three Things You Need To Know on US Home and Home-Improvement Retail: Post-Crisis Outlook—Fall 2020 Update. Find the full report here.

Reasons to Read

The retail calendar in India sees a number of festivals and holidays that retailers and brands can tap with marketing and promotional campaigns. Use our 2021 calendar to plan your marketing and sales strategies for the India market.

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Reasons to Read

Retailers are missing out on opportunities to improve customer satisfaction, and thus revenue, that are easily within reach. Customer satisfaction benefits current revenues as well as future revenues, driving return visits plus visits based on reviews and opinions shared among consumers directly and via social media.

This report explores how the use of analytics and AI (artificial intelligence) can positively impact retailers in the following ways:

  • Avoid out-of-stocks, pricing inconsistencies and quality issues, which are among the top customer reasons for leaving a store without making a purchase
  • Manage multiple fulfillment options—such as curbside pickup, in-store purchases and home deliveries—which all affect customer satisfaction
  • Improve operational efficacy in many areas, which correlates directly to consumer satisfaction
  • Enhance revenues, reduce costs, improve customer loyalty and drive greater efficiency

This report details how retailers can benefit from prescriptive-analytics platforms, which employ AI/machine learning plus other analytical methods, to improve customer satisfaction while enhancing revenues and margins.

This free report is sponsored by Zebra Technologies. Non-subscribers can access the report by completing the form on this page.

Click here to read more about how prescriptive analytics can address current retail challenges.

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Reasons to Read

As part of our coverage of Singles’ Day 2020, we explore new entrants on Alibaba’s Tmall platform and their approach to leveraging the shopping festival for China market entry or expansion.

This report covers key strategies adopted by new entrants across different sectors, across the following topics:

  1. How beauty entrants Dior Beauty and Too Faced Cosmetics leveraged social media for their first Singles’ Day
  2. Launches of exclusive products by luxury brands, including Balenciaga and Piaget
  3. How new Tmall entrants in the home-furnishing sector branched out to host 3D online showrooms through their Tmall stores, such as IKEA
  4. The focus on brand stories among apparel retailers launching on Tmall, including Coppolella and Totême
  5. Exciting merchandise offers from cultural and entertainment companies looking to capitalize on Singles’ Day
  6. Debuts on Tmall Global for Pitch Fest winners, such as Uncle Bud’s

We also present insights into learnings from Singles’ Day 2020 for future shopping festivals and opportunities in online retail in China.

Click here for all Coresight Research coverage of Singles’ Day 2020 and past Singles’ Day events.

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Reasons to Read

As the world’s largest online global shopping festival, Singles’ Day presents an exciting sales opportunity for brands and retailers. We discuss the Singles’ Day sales performance of China’s leading e-commerce players.

This report covers the following:

  • Comparison of sales performance for Alibaba and JD.com—including market share and year-over-year change in GMV
  • The impact of changes to the length of the shopping festival on sales data
  • The highest-performing brand on Alibaba’s Tmall—including the dominance of international brands in top 10 rankings across multiple categories, such as Apple, Casio and NIKE
  • Consumer shopping patterns—including high demand in beauty and electronics categories
  • Key themes from this year’s festival, such as delivery capacity and new product launches

We also present the implications for brands and retailers, with learnings that can be applied to the China market and shopping festivals in particular, as well as to year-round sales strategies.

Click here to read more about Singles’ Day 2020, as well as further Coresight Research coverage of past Singles’ Day events.

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Reasons to Read

As part of our coverage of Singles’ Day 2020, we review the marketing campaigns that various brands and retailers launched on Alibaba’s Tmall platform to encourage consumer spending during the shopping festival.

This report covers three key themes across promotional strategies:

  • Financial incentives—including specific strategy examples and use cases from Cartier, Elizabeth Arden and Microsoft
  • Building loyal brand communities through chat groups and store membership—as employed by brands such as New Balance and Shiseido
  • Livestream/influencer marketing—including statistics on livestreaming views and products promoted, with examples from beauty brands Estée Lauder and Whoo

We also present insights into learnings from Singles’ Day 2020 for future shopping festivals and opportunities in online retail in China.

Click here for all Coresight Research coverage of Singles’ Day 2020 and past Singles’ Day events.

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Reasons to Read

Following Singles’ Day on November 11, the Coresight Research team attended Alibaba’s Observing China Forum in Shanghai on November 16, 2020.

We present highlights from the event, which focused on changing consumer demand in China against the backdrop of the Covid-19 pandemic. This report covers the following key topics:

  • The importance of digital transformation in retail—including the adoption of livestreaming
  • How selected brands innovated their product offerings to increase their appeal to younger consumers—namely, SaturnBird and Genki Forest

We also summarize Alibaba’s forward view of next year’s 11 Global Shopping Festival.

Click here to read more about Singles’ Day 2020, as well as further Coresight Research coverage of past Singles’ Day events.

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Reasons to Read

This report is part of The 12 Weeks of Holidays series, in which we present key data, trends and observations as we count down to the peak holiday season.

Beauty brands and retailers have had to adapt to changes in how and what consumers are shopping due to the impacts of the Covid-19 pandemic, so are approaching the holiday season differently this year. We provide an outlook for the sector, including Coresight Research estimates for consumer spending during the holiday period.

This report also covers the following key content:

  • Livestreaming e-commerce in beauty
  • The use of online technologies to connect with consumers and enhance the gifting experience
  • Five beauty trends this holiday—across product categories including skin care, CBD and fragrance
  • E-commerce fulfillment—including BOPIS and curbside pickup

We discuss highlights from major beauty brands and retailers, including Estée Lauder, Sephora and Ulta Beauty.

Click here to read the previous report in the 12 Weeks of Holidays series, which explores the holiday outlook for the US apparel and footwear sector.

Click here to read all Coresight Research coverage of US holiday retail.

 

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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.

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 October 2020. This report covers the following:

  • US total retail sales excluding gasoline and automobiles—year-over-year change
  • US total retail sales including gasoline and automobiles—year-over-year change
  • Retail sales growth by sector
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