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 the ways in which consumers engage in retail, and we expect demand for contact-light shopping to become the new norm.

In this report, we explore how retailers can implement contact-light retail across four key opportunities:

1. Curbside pickup

2. Contactless payment

3. Cashierless stores

4. Vending machines

We also discuss examples of innovative contact-light approaches that have emerged amid the crisis, including fresh-produce vending machines in China and a new mobile app launched by an experiential department store in New York.

Click here to read the previous report in our Retail Reimagined series, which explores how retailers are removing friction from the shopping process.

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

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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 June 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 
  • Sales growth of food & beverage categories online 
  • Sales growth of nonfood categories such as beauty and homecare online 

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Reasons to Read

Part of the Coresight Research Open for Business webinar series, we present the transcript from our conversation with Joel Anderson, President and CEO of Five Below, Inc, on July 15, 2020. As business leaders are managing their companies through the coronavirus crisis, we are working to stay engaged with, and facilitate an open dialogue for, companies of all sizes.

This webinar covered the following key topics:

  • Five Below’s approach to reopening stores post Covid-19
  • The biggest changes in customer behavior
  • The company’s strategy moving forward—including Five Beyond, self-checkout and holiday 2020
  • How Five Below serves the community

A Q&A session also prompted conversation around how e-commerce and physical retail have had to work together during the pandemic, as well as the importance of people, systems and infrastructure to Five Below staying resilient.

Click here to watch the video recording of this webinar.

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

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We present Three Things You Need To Know on Market Overview: US Grocery Retailers—Surge in Online Demand To Scale Up Automation in Fulfillment. Find the full report here.

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

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

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Reasons to Read

We present an edited version of our conversation with Ethan Chernofsky, VP of Marketing at Placer.ai, from a Coresight Research webinar held on July 16, 2020.

The webinar explored the following key topics:

  • The return of traffic to shopping centers and the recovery of malls post Covid-19 pandemic
  • Mission-driven shopping and channel innovation in grocery—including curbside pickup and micro-fulfillment

An audience Q&A session also prompted conversation around retailers’ market positioning in the changing landscapes of different sectors—including fast food, fitness, direct-to-consumer, mass merchandise and the off-price sector.

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 the processes, opportunities and challenges in retailers and vendors sharing inventory and point-of-sale data. We highlight key findings from interviews with suppliers and vendors, as well as a Coresight Research survey of such companies.

This report includes insights into the following topics:

  • The importance of leveraging data for retailers—across buying, allocation and inventory levels
  • The role of data sharing and analytics
  • The impact of improved collaboration on retailers’ and vendors’ revenues
  • Additional benefits of data sharing between retailers and vendors
  • Disparities in data sharing and the three archetypes of data sharing
  • Reasons for limited sharing
  • Shifting to an external provider
  • Best practices for vendors in data sharing

We also present case studies of successful data sharing.

This report is sponsored by SPS Commerce, a leading global retail network whose offerings include analytics solutions for retailers and vendors.

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We present Three Things You Need To Know on US Store Closures: Department Store Closures Exacerbate Challenges Faced by Mall Owners. Find the full report here.

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 the ways in which consumers engage in retail, with brick-and-mortar shopping becoming less popular amid safety concerns. Retailers are therefore increasingly adopting technologies that support seamless and integrated in-store experiences to drive sales.

In this report, we explore how retailers are removing friction from the shopping process by leveraging the following key technologies:

  • Self-guided scanning—such as scanning products using smartphones to access further item details or for checkout
  • Digital dressing rooms and virtual try-on—using augmented and virtual reality to help shoppers find apparel that is a good fit

Highlights include applications from 3DLOOK, Forma and IKEA.

Click here to read the previous report in our Retail Reimagined series, which explores the rise of brands and retailers leveraging livestreaming e-commerce and community group buying to drive sales.

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

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Reasons to Read

With US department store closures rising amid the coronavirus crisis, we discuss the impact on the department-store sector in terms of the acceleration of store closures, Chapter 11 bankruptcy filings and the knock-on effects for mall owners and retail as a whole.

This report covers the following key content:

  • An overview of recently announced department store closures—such as JCPenney and Macy’s
  • Developments relating to major department store retailers that have filed for bankruptcy, including Neiman Marcus and Stage Stores
  • Implications for mall owners as anchor stores vacate their malls—and the challenge of finding new tenants

Click here to read our US Store Closures 2020 Outlook.

Read our separate reports that further explore how REITs are looking to acquire struggling retailers 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

On July 30, 2020, Coresight Research hosted Tommy Kelly, Founder and CEO of global e-commerce platform eShopWorld, in a webinar to discuss the importance of cross-border e-commerce and the ways in which brands can successfully launch internationally.

We explore three key insights from the webinar:

  • Brands should take a localized approach to expanding internationally.
  • Carefully planned launches and customer engagement strategies are key to international success.
  • Brands should not rely on amazon in building an international presence.

Click here to view the video recording of this webinar.

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

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Reasons to Read

Coresight Research’s Retail Robustness Index, first published on March 26, evaluates the 100 largest US retailers (by revenue) on their ability to weather dramatic shifts in demand as the Covid-19 lockdowns began. This report updates the scores based on financial reports and store-reopening announcements.

We rank the companies according to the following metrics: financial strength; financial health, sales capacity, product mix and management tenure.
This report also includes the following key content:

  • Monthly changes in the index
  • The top 10 retailers in our ranking and commentary on the companies that have seen the biggest score changes
  • Retail robustness by segment
  • September index outlook

The appendix details our methodology of calculating index scores.

This report follows the Retail Robustness Index: June 2020 Update, the July 2020 update and the original Retail Robustness Index published on March 26, 2020. 

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

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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 discuss how uncertainty around varied school and college reopening models will impact retail, covering three key topics:

  1. The redefined back-to-class basket—including the impact on BTS and BTC product categories of reopening scenarios (in-person and remote learning)
  2. The challenges that retailers face in determining demand—such as understanding localized needs to optimize inventory
  3. The implications of the transformed BTC season for students and retailers—including changed spending behaviors

Click here to read the previous report in our US Back to School 2020 series, which presents Coresight Resarch’s estimates for consumer spending on shopping for school and college, and discusses the four core market drivers behind our expectations.

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Reasons to Read

This report provides select findings from Coresight Research’s July 29 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. Selected findings in this report include:

  • Whether respondents are currently avoiding public areas or travel.
  • Whether respondents are buying less of discretionary product categories than they used to.
  • Whether respondents are buying more online than they used to.

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

  • 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 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 July 29 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, avoidance of public places remained high, although online shopping saw a slowdown. We discuss a number of 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

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 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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