QUESTION OF THE WEEK: Which Major US Apparel Retailers Have Filed for Bankruptcy So Far This Year?

Year to date in 2020, 13 major US apparel retailers have filed for bankruptcy, including Ascena Retail Group, J.Crew Group and most recently, Tailored Brands. All but one of the total 13 filed for bankruptcy after Covid-19 lockdowns began.

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 16, including ASOS and Canada Goose.

Read the Earnings Insights 2Q20, Week 1 report here.

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

You are currently viewing a preview of this report.

Please select an access option to view the full report. Hide Options -

Get unlimited access to all our research with one of our subscription plans.

View Subscription Plans
or

Contact us to purchase this report.

Contact us

Reasons to Read

Coresight Research’s August 12 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’ expected shopping behaviors for the 2020 holiday season—comparing the results with our July 15 survey findings. Our findings cover the following:

  • The impact of the coronavirus outbreak on consumers’ expectations for spending compared to last year—including the categories they expect to spend less on
  • The impact of Prime Day and Covid-19 on expected holiday spending
  • How the crisis is shaping when and how consumers will shop for holiday 2020

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
  • Whether respondents expect to retain behaviors from the coronavirus outbreak period over the long term—and if so, which behaviors

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 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.

You are currently viewing a preview of this report.

Please select an access option to view the full report. Hide Options -

Get unlimited access to all our research with one of our subscription plans.

View Subscription Plans
or

Contact us to purchase this report.

Contact us

Reasons to Read

This report provides select findings from Coresight Research’s August 12 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:

1. The impact of the coronavirus outbreak on consumers’ expectations for holiday 2020 spending compared to last year

2. The pull-forward of holiday spending this year

3. Whether respondents are currently avoiding public areas or travel.

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

  • How the crisis is shaping what consumers will spend on and how they will shop for the holiday season
  • 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
  • Whether respondents expect to retain behaviors from the coronavirus outbreak period over the long term—and if so, which behaviors

Our latest research provides an update to our previous reports, which were based on surveys undertaken on 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.

Please Login to read the full report. Not a member? To access this content for free, register for a free account.

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.

Highlights from our July 2020 US Retail Sales Report:

Circumstances are still difficult due to Covid-19, with many states pausing or rolling back reopening plans in the third and fourth weeks of July. However, total US retail sales maintained strong growth momentum, driven by multiple nonfood sectors—including sports and leisure goods and home improvement. Although some sectors remained negative in July, they saw a substantial sequential easing of sales declines.

Using data from the US Census Bureau, this report looks at which retail sectors saw sales surge and which did not do well in July 2020.

You are currently viewing a preview of this report.

Please select an access option to view the full report. Hide Options -

Get unlimited access to all our research with one of our subscription plans.

View Subscription Plans
or

Contact us to purchase this report.

Contact us

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 state of the retail real-estate sector—with second-quarter data from Simon Property Group, one of the industry’s largest real-estate investment trusts.

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

Please Login to read the full report. Not a member? To access this content for free, register for a free account.

Reasons to Read

Coresight Research hosted Matt Alexander, Co-Founder and CEO of Neighborhood Goods, in an exclusive fireside chat presented by RevTech Ventures on August 5, 2020.

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

  1. People-centric stores—prioritizing customers, employees and experiences
  2. Complementing face-to-face interactions with interactive technology
  3. Weathering the pandemic—booming digital sales

We summarize the key takeways from Neighborhood Goods’ experiences during the Covid-19 crisis.

To register for future digital events hosted by Coresight Research, please click here.

Please Login to read the full report. Not a member? To access this content for free, register for a free account.

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 Dick’s Sporting Goods, Stein Mart and Sur La Table in the US, and Jigsaw and River Island 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.

You are currently viewing a preview of this report.

Please select an access option to view the full report. Hide Options -

Get unlimited access to all our research with one of our subscription plans.

View Subscription Plans
or

Contact us to purchase this report.

Contact us

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.

In this report, we assess US retail traffic in July 2020, covering weekly shopper traffic trends, traffic by retailer vertical, regional traffic trends and traffic by retailer location type.

Highlights from our July 2020 Retail Traffic report:

  • July saw a deep year-over-year decline in store traffic, worsening from June as many states rolled back reopening plans due to a rise in the number of Covid-19 cases.
  • The footwear sector experienced the greatest decline in traffic, followed by jewelry and apparel.
  • Declines varied by region due to the phased approaches to retail reopening (and reversals) taken by different states.
  • With the coronavirus surging, non-enclosed storefront locations performed better than traditional enclosed shopping centers.
You are currently viewing a preview of this report.

Please select an access option to view the full report. Hide Options -

Get unlimited access to all our research with one of our subscription plans.

View Subscription Plans
or

Contact us to purchase this report.

Contact us

Reasons to Read

Coresight Research hosted a webinar with Glenn Allison, VP Information Technology at Tractor Supply Company, on August 5, 2020.

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

1. Flexibility—Meeting consumer demand in challenging times by rolling out innovative fulfillment models

2. Workforce—Supporting talented employees and ensuring health and safety

3. Technology—Ironing out inefficiencies and collecting actionable business intelligence data, such as through advanced analytics

We summarize Allison’s key takeways from Tractor Supply’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.

Please Login to read the full report. Not a member? To access this content for free, register for a free account.

Reasons to Read

In our Reshaping Supply Chains for the 2020s series, we analyze the technologies and trends that are enabling the evolution of the supply chain. In this report, we discuss changes in retail warehousing needs and how technology solutions are helping to meet demand and optimize operations.

This report considers the following key topics:

  • Implications of e-commerce growth for warehousing—including recent examples of warehouse investment
  • Why malls are turning over retail space to create warehousing facilities
  • The application of key technologies to improve warehouse and supply chain efficiency—as well as to meet current coronavirus-related requirements
  • Sustainability in warehousing

Read previous reports in our Reshaping Supply Chains for the 2020s series for more information on the evolution of manufacturing, demand forecasting and the consumerization and digitalization of product design.

You are currently viewing a preview of this report.

Please select an access option to view the full report. Hide Options -

Get unlimited access to all our research with one of our subscription plans.

View Subscription Plans
or

Contact us to purchase this report.

Contact us

Reasons to Read

In our Retail Reimagined series, 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.

The coronavirus pandemic resulted in a surge of online shopping amid temporary store closures, prompting brands and retailers to rethink last-mile delivery—with safety and convenience for consumers being top of mind.

In this report, we discuss the ongoing acceleration of improvements in last-mile delivery and fulfillment in retail, as well as our expectations for how advancing technologies will further innovation in this area in the future. We explore the following topics:

  • Autonomous delivery robots and drones—with examples from Amazon in China and CVS in the US
  • Smart parcel lockers
  • Route-optimization software
  • Ship-from-store fulfillment and dark stores

We detail examples of innovative approaches to last-mile delivery amid the Covid-19 crisis—such as by JD.com in China—and present the implications of changing last-mile delivery trends for brands, retailers and technology vendors.

Click here to read the previous report in our Retail Reimagined series, which explores the innovative ways in which brands and retailers can create compelling products for consumers.

Click here to read Coresight Research’s ongoing coverage of the coronavirus pandemic.

You are currently viewing a preview of this report.

Please select an access option to view the full report. Hide Options -

Get unlimited access to all our research with one of our subscription plans.

View Subscription Plans
or

Contact us to purchase this report.

Contact us

We present Three Things You Need To Know on US Survey Update: How Consumers Spent and Plan To Spend Stimulus Checks. Find the full report here.

Reasons to Read

With increased interest in beauty and health, Chinese consumers are fueling a boom in the wellness retail market. We look the significant growth of China’s wellness market in recent years—including insights into its recovery following the coronavirus crisis.

In this report, we also explore three key trends that present opportunities for brand and retailers in this market:

  1. Edible beauty for skin wellness
  2. Physical wellness through fitness
  3. Wellness for mental health

Click here to read the previous report in our Insights from China series, which explores the pet economy.

You are currently viewing a preview of this report.

Please select an access option to view the full report. Hide Options -

Get unlimited access to all our research with one of our subscription plans.

View Subscription Plans
or

Contact us to purchase this report.

Contact us

Reasons to Read

Amazon’s Prime Day in India took place on August 6–7, 2020. We present key insights from the event across the following key topics:

  • Amazon’s preparations for the event this year, in the context of the Covid-19 pandemic—including remote working, season hiring, increased storage capacity and adjusted delivery services
  • Headline deals across multiple categories
  • Consumer challenges during the event—including inadequate discounts, long wait times and technical issues

We discuss how the event in India is a precursor to Amazon’s Prime Day in other markets later in the year, and its implications for brands and retailers.

Click here to read further Coresight Research coverage of Amazon Prime Day events.

You are currently viewing a preview of this report.

Please select an access option to view the full report. Hide Options -

Get unlimited access to all our research with one of our subscription plans.

View Subscription Plans
or

Contact us to purchase this report.

Contact us