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 provide an update on consumer attitudes toward the back-to-school (BTS) season as well as their expected shopping and spending behaviors, based on our survey of US consumers conducted on August 5, 2020.

We discuss our findings across three key topics, with a focus on in-school versus online learning:

1. BTS shoppers’ spending ability and what they expect to spend on

2. BTS shoppers’ concerns about the Covid-19 pandemic

3. BTS shoppers’ attitudes about in-store versus online shopping

Click here to read the previous report in our US Back to School 2020 series, which explores how uncertainty around varied school and college reopening models will redefine the back-to-class shopping basket.

 

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Reasons to Read

With three months to go until Singles’ Day 2020, we explore how brands and retailers can use Weitao, Alibaba’s built-in social feed for Tmall and Taobao, to prepare for China’s biggest e-commerce festival.

This report presents insights into the following:

  • The opportunity that Singles’ Day presents to brands and retailers—boosted by the booming social commerce market in China
  • Key marketing strategies on the Weitao platform—including the use of short-format video content, influencers and dedicated campaigns
  • The implications of leveraging Weitao for brands and retailers

Click here to read the previous report in our countdown to Singles’ Day, which provides key strategies for how brands and retailers can increase their presence and exposure on Alibaba’s Tmall platform in the lead-up to the shopping festival.

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

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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 has significantly impacted consumer demand and spending behavior, so it is more important than ever for brands and retailers to create appealing products to drive excitement and, ultimately, conversion.

In this report, we explore the following key topics:

  • Innovative ways in which brands and retailers can create exciting products for consumers—including cross-brand collaboration and data-driven customization
  • How brands can leverage celebrities and social media influencers to develop and market new products
  • The growth of the C2M business model in China
  • Recent examples of innovative product creation in China and the US.
  • The implications of innovative product creation trends for brands, retailers and technology vendors.

Click here to read the previous report in our Retail Reimagined series, which explores how retailers are implementing contact-light retail operations.

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

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QUESTION OF THE WEEK: How Can AI and Machine Learning Solve Retail Category Managers’ Pain Points?

Artificial intelligence (AI) and machine learning can help retail category managers to quickly act on changing market trends by adapting to consumer demand in real time.

Reasons to Read

US apparel store closures are rising amid the coronavirus crisis, and the sector has witnessed Chapter 11 bankruptcy filings by a number of major retailers so far in 2020.

In this report, we discuss the following key topics:

  • Year-to-date announced apparel store closures—such as by Ascena Retail Group, Brooks Brothers and Tuesday Morning
  • Year-to-date apparel retailer bankruptcies—including Centric Brands, J.Crew Group and True Religion Apparel
  • Our outlook for brick-and-mortar apparel retail, considering findings from Coresight Research proprietary surveys of US consumers
  • Potential acquisitions of struggling apparel retailers by mall owners such as Simon Property Group
  • The implications of rising store closures and bankruptcies for apparel brands/retailers and real-estate firms

Click here to read our US Store Closures 2020 Outlook.

Read our separate reports on US department store closures and our expectations for 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

This report provides select findings from Coresight Research’s August 5 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:

  • How consumers have spent their first stimulus check—with a focus on the prioritization of basic financial obligations versus discretionary retail spending
  • Whether respondents are currently avoiding public areas or travel
  • Whether respondents are buying more online than they used to

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

  • How consumers plan to spend any second stimulus check
  • A full list of the public areas or travel that consumers 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

Our latest research provides an update to our previous reports, which were based on surveys undertaken on 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 5 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 discuss a number of survey findings, covering the following:

  • How consumers have spent, and plan to spend, their stimulus checks—with a focus on the prioritization of basic financial obligations versus discretionary retail spending
  • 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 and, if so, which categories

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

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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 9 and earlier, including Amazon, Capri Holdings, CVS Health and VF Corporation.

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

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Reasons to Read

Coresight Research’s quarterly report series keeps you up to date on the latest economic data from the US and China.

In this report, we look at recently released data for the second quarter of 2020, which shows the US economy being severely impacted by the coronavirus crisis—although there were signs of recovery in June. Meanwhile, China’s economy has returned to modest growth. We discuss the following key macroeconomic indicators:

  • Changes in US GDP, industrial production and personal consumption expenditure
  • Changes in China’s GDP, industrial production and per capita expenditure

Click here to read the previous report in this series, from May 2020.

Click here to read our latest report on key consumer indicators in the US, China and the UK—part of our Monthly Consumer Update series.

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Reasons to Read

We present an edited version of our conversation with Andrea Weiss, Founding Partner of The O Alliance, and David Aquino, former COO of SharkNinja, from a webinar held on June 18, 2020 by Coresight Research and Zebra.

In addition to detailing changes in consumer buying behaviour, the webinar explored the following key topics:

  • Short-, medium- and long-term outlooks for labor needs in the retail sector.
  • Leveraging data in combination with in-store personnel expertise to optimize reopening and post-Covid operations.
  • The role of technology innovations and intelligent business models in retail industry success.

We profile the speakers and their companies at the end of this report.

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

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 rising retail sales in the US, the UK and Germany.

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

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Reasons to Read

We review comparable sales metrics reported by Costco for the month of July 2020, including the following:

  • Year-over-year same-store sales growth—global and US comps
  • Global online comparable sales
  • Performance by segments

We also consider the factors that impacted comparable sales in July, including currency fluctuations and gasoline price deflation.

Click here to read about Costco’s comparable sales performance in June 2020.

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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 Lord & Taylor and Tailored Brands in the US, and Amazon, DW Sports and Hotter 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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Reasons to Read

Coresight 100 is our focus list of retailers, brand owners and retail-related firms, spanning Asia, Europe and the US. We profile each company, covering the following content:

  • Countries of operation and key product categories
  • Annual metrics—including revenues, operating margin and global store numbers
  • Our insights into the company’s operations, including consideration of headwinds and tailwinds
  • Business strategy
  • Recent company developments
  • The company’s current management team

As of February 2022, this company is no longer part of the Coresight 100 and this profile is no longer updated.

Click here to see our full Coresight 100 list and related reports.

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Reasons to Read

Following the 30-year anniversary of the ADA, we look at how inclusion for people with disabilities is being realized in the US and the role that adaptive apparel can play in facilitating this.

We explore four key insights into the opportunities for inclusion, education and adaptive apparel:

  • Empowered Cities works toward financial empowerment for people with disabilities—We discuss the organization’s efforts and summarize the disability communities of selected US cities.
  • Covid-19 puts a spotlight on industry needs; adaptive apparel companies expand their missions to serve the community—Highlights include solutions from Care+Wear and IZ Adaptive.
  • We see an opportunity for brands and retailers to enter the adaptive apparel and footwear market and develop innovations to serve the community.
  • Three ways in which organizations can best help the disability community, according to Empwered Cities.

This report is a precursor to Coresight Research’s upcoming deep dive into adaptive apparel, in which we will estimate the potential size of the US market and take a close look at the adaptive apparel and footwear brands and retailers that are leading the way, as well as selected organizations that are offering services for the disability community.

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