Reasons to Read

Blockchain is a powerful, fundamental financial technology that offers benefits to consumers around the world, particularly those currently excluded from financial systems. We present its features and the benefits it provides to businesses and consumers globally, beyond just being the engine that powers cryptocurrencies.

We discuss three examples of companies that are developing blockchain solutions that can be used to bring low-cost payment services to the world’s population:

  • China-based Ant Group
  • UK-based Electroneum
  • US-based Ripple

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On September 15, 2020, Coresight Research hosted Rogayeh Tabrizi, Theory+Practice CEO and Cofounder, to discuss how retailers can utilize artificial intelligence (AI) to improve their retail operations.

We present key insights from the webinar, covering the following topics:

  • The importance of a complete data picture in applying AI
  • How to leverage AI to combine online and in-store shopping data and better understand consumer behavior
  • Pitfalls related to data management and the application of AI—including suggestions for how to curtail these issues

Click here to view the video recording of this webinar.

To register for future Coresight Research webinars, please click here.

Click here to read more Coresight Research reports that explore AI in retail.

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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 and Lululemon Athletica in the US and J.Crew and Next in the UK.

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

Complementing our weekly Tracker report, the new 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

In our quarterly US Retail Inventory Tracker reports, we analyze inventory trends among those US retailers listed in the Coresight 100.

We look at the inventory levels of various retailers in 2Q20 and assess why levels may have changed from the year-ago period, across the following sectors:

  • Apparel specialty retail—including American Eagle Outfitters and Burlington Stores
  • Department stores—including Kohl’s, Macy’s and Nordstrom
  • Food, drug and mass retail—including Target and Walmart
  • Home and home-improvement retail—including Home Depot and Lowe’s
  • Luxury retail—including Capri Holdings and Ralph Lauren
  • Beauty retail—Ulta Beauty

Click here to read the previous report in this series, which looks at 1Q20.

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Reasons to Read

With China’s National Day holiday fast approaching, we present our expectations for outbound international travel and domestic travel by Chinese tourists during Golden Week 2020.

In this report, we offer insights across the following key topics:

  • The impact of the pandemic on outbound international travel
  • Our estimates of the number of domestic Chinese tourists and per capita spending
  • The preferential policies that both provinces and companies are offering to attract tourists and drive spending in the wake of the Covid-19 crisis
  • A focus on safe travel—including the increasing popularity of smaller-sized group travel packages
  • The Mid-Autumn Festival—and the estimated sales performance of mooncakes this year

Click here to read our Global Tourism report about the pivot of China’s travelers to domestic tourism, based on key findings from a Coresight Research proprietary survey.

Click here to view Coresight Research’s ongoing coverage of the coronavirus crisis.

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Reasons to Read

We explore the impacts of the Covid-19 pandemic on US e-commerce. We present our trend analysis and insights into the online channel’s development in the second quarter of 2020, covering the following:

E-commerce penetration—year-over-year change and as a share of total retail sales

Online retail sales by segment, sector and category (nonstore retailers versus store-based retailers)

The surge in grocery demand

Consumers’ expectations for retaining changed shopping habits—with data from Coresight Research proprietary surveys

Selected retailers’ e-commerce sales growth—including Amazon, Best Buy, L Brands, Kohl’s and VF Corportation.

Demand for collection services—including BOPIS and curbside pickup

The impacts of an early holiday shopping season and postponed Amazon Prime Day

This report discusses three post-crisis US e-commerce trends across the following themes:

1 Investment in digital business

2 Omnichannel capabilities

3 Drones and autonomous vehicles/robots

The appendix comprises selected US brands and retailers’ outlooks on fulfillment and experiential e-commerce, including Amazon, NIKE, Nordstrom and Target.

Read our other Post-Crisis Outlook reports on the US apparel retail sector and US department stores.

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Reasons to Read

With Amazon expected to hold its Prime Day for Western markets in October this year, we present five expectations for the shopping event—including global sales estimates, the extension of Prime Day and its potential to eclipse Black Friday and Cyber Monday in terms of number of shoppers.

We also discuss the lack of 2020 events hosted by retailers such as Target, eBay and Walmart, and the pull-forward of the start of the holiday shopping season.

Click here to read further Coresight Research coverage of Amazon Prime Day, including from past years.

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

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We present Three Things You Need To Know on The New 10.10 Shopping Festival. Find the full report here.

Three-Things-You-Need-To-Know-1010

Reasons to Read

This Retail-Tech Landscape lists selected innovative technology providers that are disrupting the retail industry in India. We discuss selected startups in India whose technology solutions can help brands and retailers capitalize on the huge growth potential in the country’s retail market. These solutions leverage artificial intelligence, augmented reality and machine learning, among other technologies.

The landscape covers the following categories:

  • POS (point of sale)
  • Mixed reality
  • Last-mile delivery
  • AI and analytics
  • Personalization
  • Freight technology
  • Warehouse/Inventory management
  • Kirana-tech (technology companies helping local convenience stores to digitize their operations)

Our landscape infographic summarizes the companies outlined in this report.

To view more of our Retail-Tech Landscapes spotlighting innovators that are disrupting the retail industry, click here.

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Reasons to Read

The Covid-19 crisis has significantly impacted the US department store sector, with a number of companies filing for bankruptcy and announcing store closures. We offer a state-wise depiction of the locations of over 1,300 closures.

This report includes maps of confirmed store closures by the major department stores that have filed for Chapter 11 bankruptcy this year—JCPenney, Lord & Taylor, Neiman Marcus, Stage Stores and Stein Mart—as well as closures announced by Century 21, Macy’s, Nordstrom and Sears.

Click here to read our separate report on the impact of department store closures on mall owners.

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Reasons to Read

Due to the Covid-19 crisis, shopping holidays are likely to hold heightened relevance during the remainder of 2020 for brands and retailers looking jump-start their sales recoveries, as well as for consumers looking for deals. We present Coresight Research’s new 10.10 Shopping Festival and outline the global landscape of shopping festivals.

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

This report includes the following key content:

  • A timeline of selected China- and US-based shopping festivals
  • The 10.10 Shopping Festival in detail—including how it can capture shoppers’ attention and benefit retailers
  • Key details of shopping holidays in China, the US and India—including 6.18, Big Billion Days, Black Friday and Singles’ Day
  • Five key benefits of shopping festivals to brands and retailers
  • Issues that retailers may face around shopping holidays
  • Implications for brands/retailers and technology vendors

Click here to read our free follow-up report on the 10.10 Shopping Festival, which details the event’s participating retailers, charities and partners.

Click here to read our free report on how the 10.10 Shopping Festival will help to “festivalize” holiday retail.

Click here to read our free report introducing the new 10.10 Shopping Festival.

Click here to read all Coresight Research coverage of shopping holidays.

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Reasons to Read

As part of our Beauty Insights series, we explore the potential of cannabidiol (CBD) products in the US beauty sector and present our estimations for the significant growth of the market for CBD health and wellness over the next five years.

Against the backdrop of the Covid-19 pandemic, consumers are prioritizing good health now more than ever and are seeking functional, solution-based products that deliver results. In this report, we discuss how CBD products can meet this demand in the US beauty market, covering the following key topics:

  • The functional attributes of CBD in health and wellness
  • The opportunity for mainstream retailers and brands to increase CBD offerings—including a timeline of significant events and market entry
  • Coresight Research estimates of the growth of the US CBD health and wellness market
  • The reasons why consumers use CBD products—spanning mental health, sleep care, skin care and cosmetics
  • The frequency of CBD product use and the opportunity for brands to educate potentially high-value consumers
  • The growth categories of sleep care and mental health

This report uses findings from Coresight Research’s proprietary survey of US CBD users, and we also provide examples of brands and products currently in the CBD beauty space.

This report is part of our Beauty Insights series, which explores prominent or emerging themes and trends in the global beauty market. Click here to read the previous report in the series, in which we discuss five key trending topics in beauty wellness.

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QUESTION OF THE WEEK: What Are the Opportunities in the US Women’s Plus-Size Apparel Market?

The key opportunities in the US women’s plus-size apparel market include a substantial and growing customer base, inconsistent sizing and a spike in swimwear and activewear collections by retailers such as Fashion To Figure and Good American.

Reasons to Read

Together with Shopkick and Fashwire, Coresight Research is excited to announce the inaugural 10.10 Shopping Festival, a US-based event that will take place on October 9–12, 2020.

In this free report, we introduce the new event by answering five key questions:

1. What is 10.10?

2. Why launch 10.10 now?

3. What is Shopkick, and why did the company get involved?

4. What is Fashwire, and how is the company involved?

5. Why will 10.10 succeed?

Click here to read our free follow-up report on the 10.10 Shopping Festival, which details the event’s participating retailers, charities and partners.

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Reasons to Read

Coresight Research’s September 15 survey provides a detailed update on US consumers’ behaviors, concerns and expectations, with a focus on the implications for US retail.

This week, we highlight findings around shoppers’ return to brick-and-mortar stores and discuss our survey findings on consumers’ current and expected behaviors, covering the following:

  • Whether respondents are currently avoiding public areas or travel—and which types of places or travel they are avoiding
  • What activities respondents have done in the past two weeks and what they expect to do in the next two weeks
  • Whether respondents are buying more or less of any retail categories as a result of the Covid-19 outbreak and, if so, which types of products
  • Whether US shoppers are making more purchases online during the coronavirus outbreak and, if so, which categories
  • Whether respondents expect to retain changed behaviors over the long term, and if so, which behaviors

The findings provide an update to our previous reports, which were based on surveys undertaken on 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.

In addition to this survey, click here to view additional coverage of the coronavirus outbreak.

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