Reasons to Read

We present an edited version of our conversation with Andrew Appel, President and CEO at IRI, from a Coresight Research webinar held on May 26, 2020.

The webinar explored the following key topics:

  • Changes in consumer shopping behaviors in the CPG sector amid Covid-19—and learnings from past recessions
  • Retailers’ assortments and the challenge of retaining customers
  • How retailers can leverage data insights and identify opportunities to adapt and succeed in the new environment

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

Analyzing consumer demand in July 2020, we saw the US and the UK maintain growth momentum, while China continued to see improvements.

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 and UK retail sales, US retail traffic and in-store metrics, selected US retailers’ same-store sales 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

Our US Back to School 2020 series explores the back-to-school (BTS) and back-to-college (BTC)—which we will collectively refer to as to “back-to-class”— season, considering consumer shopping behaviors amid the coronavirus crisis and the implications for retail.

In this report, we present three insights into digital trends this season, covering the following topics:

  1. The market share of e-commerce—and our expectations for growth
  2. The expectations of parents around how and where they will shop for BTS
  3. How retailers are promoting digital shopping—including an emphasis on contact-light pickup options

We also discuss the role of remote learning in school-reopening plans and how this is impacting BTS shoppers’ spending expectations for online learning.

Finally, we note commentary from selected major retailers on the BTS season, as of their latest reported quarter.

Click here to read the previous report in our US Back to School 2020 series, which explores findings about BTS shoppers’ spending ability, concerns and attitudes to BTS shopping from an August 2020 Coresight Research survey of US consumers.

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We present Three Things You Need To Know on US Survey Update: Online Grocery Shopping Looks To Be Here To Stay. Find the full report here.

Reasons to Read

This Retail-Tech Landscape lists selected companies whose technology solutions can support retailers in providing a consistent, seamless and personalized experience to their customers—which has become more important than ever in light of the Covid-19 crisis. These solutions leverage artificial intelligence, augmented reality, big data and machine learning, among other technologies.

The landscape covers the following categories:

  • Targeted promotions
  • Product recommendations
  • Location-based recommendations
  • Assistive product discovery
  • Personalized experience

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 Coresight Research Retail Innovators series examines how key players and startups are disrupting different retail sectors.

In this report, we focus on six technology innovators in the global e-commerce market:

  • Fanjoy, a US-based e-commerce platform that provides customized clothing and gift boxes created by celebrities
  • Huckberry, a US based e-commerce company that focuses on outdoor lifestyle
  • Mia.com, a China-based ecommerce platform that sells imported parent-and-baby products
  • Simsim, an India-based video e-commerce platform that sells fashion, beauty and electronics products
  • Springlane, a Germany-based e-commerce company creates and sells kitchen and grilling products online
  • Yunji, a China-based S2B2C social commerce platform that operates on a membership-based model

We discuss these industry players in the context of changing consumer demand and the influence of social commerce.

We provide company profiles and consider the following key topics for each innovator:

  • How the company has disrupted the market—including growth strategies and omnichannel ecosystems landscape
  • Tailwinds and headwinds
  • Impact on traditional players

Click here to read the previous report in our Retail Innovators series, which looks at companies disrupting the apparel sector.

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Reasons to Read

Coresight Research hosted Conor Flynn, CEO of Kimco Realty, on August 12, 2020, as part of our Open for Business webinar series.

We present insights from our conversation, focused on three key topics:

  1. The creative use of shopping center space—taking a resourceful approach to leveraging common areas to drive traffic
  2. Tenants as partners—implementing measures to support hard-hit tenants to survive the coronavirus-impacted retail landscape
  3. Shifts in store structures—understanding the significance of grocery-based anchor stores and the role of automation in evolving store spaces We summarize Flynn’s key takeaways from Kimco’s experiences during the Covid-19 crisis.

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

Following a large number of bankruptcy filings in 2019, retail failures have continued apace in 2020, driven by the Covid-19 crisis. We examine notable US bankruptcies from last year and in year-to-date 2020 and the major factors behind these filings.

In this report, we cover the following key content:

  • The impact of the coronavirus pandemic in driving US retail bankruptcies this year
  • A summary of major US retail bankruptcies in 2020 so far
  • Contributing factors to the spike in recent filings—including burgeoning e-commerce, debt overload and leveraged buyouts by private equity firms
  • An in-depth review of selected post-Covid retail bankruptcies and each company’s recent financial metrics—including Ascena Retail Group, JCPenney, J.Crew and Neiman Marcus
  • A comparison of US retail bankruptcies in 2019 versus year-to-date 2020
  • An in-depth review of selected pre-Covid (2019) retail bankruptcies and each company’s recent financial metrics
  • The impact on mall owners, some of which are looking to acquire bankrupt retailers
  • Implications for retailers and real estate firms

Click here to read our US Store Closures 2020 Outlook.

Read our separate reports on US mall closures and our expectations of the acceleration of bankruptcy filings through the remainder of the year.

Click here to read Coresight Research’s ongoing coverage of the coronavirus pandemic, and visit our Coronavirus Tracker for more information on temporary store closures and key developments.

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Reasons to Read

We explore US mall closures in the context of the coronavirus crisis. Considering the impact of Covid-19 on mall consolidation, we discuss the following key topics:

  • Coresight Research estimates for mall closures in the next five years—and the level of risk posed to malls by classification
  • How department store and other anchor store closures are exacerbating the challenges faced by mall owners
  • The influence of tenant mix on near-term vulnerability—and the ways in which malls can alter their mix to become more robust in the current environment, such as by repurposing space into fulfillment centers and tapping health-care and grocery retail.

For more on coronavirus-led mall closures and the challenges that US shopping malls may face through 2020 and beyond, read our America’s Changing Shopping Centers: Coronavirus Crisis Could Trigger Long-Delayed Mall Consolidation report.

Click here to read our US Store Closures 2020 Outlook.

Click here to read Coresight Research’s ongoing coverage of the coronavirus pandemic, and visit our Coronavirus Tracker for more information on key developments in retail amid Covid-19.

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QUESTION OF THE WEEK: What Proportion of Major US Retailers Now Offers Curbside Pickup? 

Our August 2020 analysis found that 76% of the top 50 store-based retailers in the US now offer curbside pickup—and we expect this share to creep even higher in the coming months.

Our August 2020 analysis found that 76% of the top 50 store-based retailers in the US now offer curbside pickup—and we expect this share to creep even higher in the coming months.

Reasons to Read

Driven by shifting consumer expectations and evolving lifestyle choices, the US women’s intimates industry shows distinct signs of opportunity. In this report, we discuss four growth opportunities in the US women’s underwear market:

  1. Market shifts away from traditional retail
  2. Expanding definitions and curation of the underwear category, blurring the boundaries with loungewear, sleepwear and shapewear
  3. Brands taking action on inclusivity, diversity and body positivity
  4. Continued interest in the sports-bra category

We explore examples of developments among major brands including American Eagle’s Aerie, Lululemon, Savage x Fenty, ThirdLove and Victoria’s Secret.

For more on retail opportunities in the current environment, click here to read our 10 Trends in Global Retail—Post-Crisis Update report.

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Reasons to Read

This report is part of a monthly series in which we discuss developments in China under the banner of “New Retail.” We offer insights into recent news, with a focus on digitalization and strategic collaborations.

This month, highlights include the opening of Burberry’s new “social retail store” in technology hub Shenzhen and the launch of Alibaba’s fifth Taobao Maker Festival, which features a 3D digital exhibition and a cross-country roadshow. We also discuss the flagship store opening of luxury brand 3.1 Philip Lim on JD.com as well as JD.com’s $100 million investment in Li & Fung to collaborate on supply-chain development and new private-label product launches.

The appendix details the last 12 months of New Retail developments in China.

Click here to read the previous report in the New Retail Briefing series, which explores moves by international brands to seek growth in China post pandemic.

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

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Reasons to Read

In Coresight Research’s Retail Reimagined ebook, we offer a thematic outlook to the post-crisis world, identifying and discussing key retail trends that are likely to prevail and exploring how retail may be reimagined in response to shifts in demand and supply. 

This ebook covers the following eight Retail Reimagined topics: 

Our separate reports on these topics can be accessed by clicking the links above.

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Reasons to Read

This report provides select findings from Coresight Research’s August 19 survey of US consumers on the coronavirus crisis. We asked respondents about the impact of the pandemic on their behaviors and expectations, with a focus on implications for retailers.

This report is available for free and can be accessed by registering for a free account. We highlight three selected findings from our weekly survey:

  • The most-shopped online grocery retailers
  • Whether the online grocery shopping trend will stick once the Covid-19 pandemic eases
  • Whether respondents are currently avoiding public areas or travel.

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

  • The shift of grocery shopping to e-commerce as a consequence of Covid-19
  • 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 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 19 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 consumers’ online grocery shopping behaviors—comparing the results with our US online grocery survey findings from mid-March. Our findings cover the following:

  • The most-shopped online grocery retailers—including Amazon, Target and Walmart
  • The shift of grocery shopping to e-commerce
  • The adoption of online grocery shopping as a consequence of Covid-19—and consumer expectations for their frequency of online grocery shopping once the pandemic eases

We discuss a number of survey findings on consumers’ current and expected behaviors, 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

We also provide trended data for a number of our regular weekly questions on spending and shopping:

  • 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 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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