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.

In this report, we present five key insights from the four weeks ended July 12, 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 the previous report in our US CPG Sales Tracker series.

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Reasons to Read

We present an edited version of our conversation with Marie-Claire Daveu, Chief Sustainability Officer and Head of International Institutional Affairs at Kering, from a webinar held on June 23, 2020 by Coresight Research.

The webinar discussed sustainability in luxury retail, exploring the following key topics:

  • Setting and managing sustainability targets—including how Kering plans to meet its “Vision 2025” goals
  • Sustainability amid the coronavirus pandemic—including shifts in priorities and opportunities to accelerate awareness and discussion
  • How sustainability can help to drive profitability—why the two no longer need to be considered as mutually exclusive

Click here to watch the video recording of this webinar.

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

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Reasons to Read

We discuss recent developments in the world of robotics for retail.

This report comprises insights across four key areas:

1. An overview of robotics in retail

  • The primary benefits of robotics,
  • Applications and leading players across warehouse management, retail stores and delivery
  • Funding activities in robotics
  • The size of the logistics robotics market
  • Selected insights from Silicon Valley Robotics on the current state of the robotics market

2. Robotics in warehouse management

  • How retailers are expanding their robotics capabilities—Kroger’s partnership with Ocado, and Gap Inc.’s deployment of Kindred systems
  • The use of collaborative robots to increase operational efficiency

3. Robotics in retail stores

  • Micro-fulfillment centers in grocery—Albertsons’ partnership with Takeoff Technologies
  • Stocking shelves—FamilyMart’s partnership with Telexistence

4. New commercial applications of robotics, driven by Covid-19—including health and safety, and security

Click here to read more Coresight Research coverage of robotics.

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We present Three Things You Need To Know on US Mall Closures: Impact of Covid-19 Likely To Accelerate Mall Consolidation. Find the full report here.

Reasons to Read

In this Market Overview, we explore the US discount store, mass merchant and warehouse club sectors and the market’s future outlook. We consider the competitive landscape and the impact of the coronavirus pandemic on market growth and online sales. We also discuss the following key themes:

  • Expanding retail footprints among US warehouse clubs looking to strengthen their store presence—including discussion of regional distribution
  • Apparel resale—including Walmart’s new strategic partnership with online resale platform ThredUP
  • Omnichannel initiatives—digital shopping strategies adopted by discounters to thrive in a post-crisis future and meet changing consumer shopping demands

This report includes highlights from selected discount stores including Big Lots, Dollar General, Dollar Tree (including Family Dollar) and Five Below, as well as mass merchants Target and Walmart, and warehouse clubs BJ’s Wholesale Club, Costco and Sam’s Club. In addition, it presents two technology innovators in the market—Boxed and Thrive Market.

Also in this series are our Market Overviews for the apparel, luxury, e-commerce and US grocery retail markets.

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Reasons to Read

Coresight Research has 12 questions about the upcoming holiday selling season, which promises to be the most interesting in our team’s collective memory. In this second report of the series, we present and provide answers to three questions around how the following key factors will impact the US consumer’s propensity to spend on the holidays:

  1. The employment situation—comprising high unemployment and personal savings rates
  2. A “wealth effect”—influenced by the stock market and housing prices
  3. The upcoming US presidential election

We discuss the implications of these insights for brands, retailers and technology vendors.

Click here to read our first report in The 12 Questions of US Holiday Retail 2020 series, which explores the impact of changed consumer behaviors on gift giving and in-store shopping. And click here to read Coresight Research’s coverage of US holiday retail.

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Reasons to Read

We explore the US beauty wellness market, which we estimate will grow significantly over the next five years, driven by consumer emphasis on health amid the Covid-19 pandemic.

In this report, we discuss five key trending topics in beauty wellness:

  1. Safe ingredients—clean beauty
  2. Self-care and self-sufficiency
  3. Mental health
  4. Sleep care
  5. Beauty supplements

We also provide examples of how brands and retailers are innovating in the beauty wellness 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, which covers China’s spectacular retail model in beauty.

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QUESTION OF THE WEEK: Which Major US Department Store Chains Have Filed for Bankruptcy So Far This Year?

Five major US department store retailers have filed for bankruptcy so far this year: JCPenney, Lord & Taylor, Neiman Marcus, Stage Stores and Stein Mart. All of these filed for bankruptcy after Covid-19 lockdowns began.

Reasons to Read

Covid-19 has accelerated the velocity of change in retail. We explore how the adoption of a multi-enterprise platform can help retail executives transform their business for this new era across the supply chain.

With analysis from a May 2020 Coresight Research survey, this report includes insights and discussion around the following topics:

  • Top business issues for retailers over the next 12–24 months—including supply chain agility and flexibility
  • The transformation of the digital supply chain—from data messaging on a one-to-one engagement model to network digitalization on a many-to-many basis
  • The schematics of a multi-enterprise platform and its key features
  • Business applications of a multi-enterprise platform

We also detail the benefits of multi-enterprise platforms, with case studies from Bamboo Rose, a leading multi-enterprise product and supply chain platform catering to retailers, brands and wholesalers.

This report is sponsored by Bamboo Rose.

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Reasons to Read

Coresight Research has 12 questions about the upcoming holiday selling season, which promises to be the most interesting in our team’s collective memory. In this first report of the series, we present and provide answers to our first four questions, which focus on changed consumer behaviors, covering the following key topics:

  1. The impact of social distancing on in-store shopping
  2. The implications for gifting of fewer consumer spending choices
  3. Key products this season based on working-from-home and comfort trends
  4. Reduced gifting opportunities and what this means for retailers

We discuss the implications of changed consumer behaviors for brands, retailers and technology vendors.

Click here to read Coresight Research’s coverage of US holiday retail, including other reports in our 12 Questions of US Holiday Retail series.

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Reasons to Read

Our weekly Earnings Insights reports feature highlights from recent management commentary at major US retailers within our Coresight 100 coverage list, as they report second-quarter 2020 earnings. We condense what retail companies are reporting regarding the following key content, with a focus on the impact of the coronavirus crisis:

  • Management commentary on demand trends in the second quarter (where reported)—including comparable sales growth, details on consumer demand by category or channel and qualitative insights
  • The strength of e-commerce following temporary store closures
  • Details on the performance of reopened stores, where these have been provided
  • The outlook for demand, as reflected in revenue guidance or more qualitative commentary on the shape or strength of demand—helping to build a picture of a potential US retail recovery in consumer demand

This week, there are highlights from companies that reported in the week ended August 30, including Best Buy, Dollar General, Nordstrom and Ulta Beauty.

Read the Earnings Insight 2Q20, Week 3 report here.

Click here to read our wrap-up report for first-quarter 2020 earnings.

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Reasons to Read

This report provides select findings from Coresight Research’s August 26 survey of US consumers on their behaviors and expectations, with a focus on implications for retailers. This week, we asked consumers about their attitudes toward environmental sustainability.

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. Whether the Covid-19 crisis has made sustainability more of a factor for consumers when shopping
  2. Which sustainability practices consumers consider to be the most important for retailers
  3. Whether respondents are currently avoiding public areas—and which types of places they are avoiding.

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

  • The top product categories for which consumers believe that retailers should pay attention to environmental sustainability
  • What activities respondents have done in the past two weeks and what they expect to do in the next two weeks
  • A full list of the public areas or travel that consumers are avoiding
  • 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

Our latest research provides an update to our previous reports, which were based on surveys undertaken on 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 this survey, Coresight Research is publishing ongoing coverage on the coronavirus outbreak, which can be accessed here.

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Reasons to Read

Coresight Research’s August 26 survey provides a detailed update on US consumers’ behaviors, concerns and expectations, with a focus on the implications for US retail.

This week, we asked consumers about their attitudes toward environmental sustainability when they shop. Our findings cover the following:

  • Whether the Covid-19 crisis has made sustainability more of a factor for consumers when shopping
  • Which sustainability practices consumers consider to be the most important for retailers
  • The top product categories for which consumers believe that retailers should pay attention to environmental sustainability

We also discuss a number of survey findings on consumers’ current and expected behaviors, as well as regular weekly questions on spending and shopping, covering 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 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

We discuss the implications of our findings for brands and retailers.

The findings provide an update to our previous reports, which were based on surveys undertaken on 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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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 astounding rebound in US retail sales and the potential effect of supplementary unemployment benefits on retail robustness in the country.

Each report also includes recent retail and technology headlines from Asia, Europe and the US.

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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 Amazon, Neiman Marcus and Payless in the US, and Frasers Group 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 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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