Coresight Research

Compared to discretionary #retail sectors, the US furniture and home-furnishings market had a strong 2020. Those gains were supported by growth in #ecommerce sales. Here’s a quick snapshot: - Over $36 billion in online sales - Over 20% e-commerce share of total market sales - 41% YoY growth in online sales https://coresight.com//coresight-bites-e-commerce-boom-in/

With massive amounts of US #retail space closing this year, we’re going to continue seeing changes in how retailers reach consumers and consumer purchasing behavior. In this supplemental report to our Weekly US and UK Store Openings and Closures Tracker, we provide additional insight and retailer-level data on store closures and openings for 2021. https://coresight.com//us-store-tracker-extra-january-202/

In the US, Valentine’s Day has seen steady growth over the last decade and strong sales are expected again this year, despite YoY contraction in total spend. Why? One reason may be that this year Presidents’ Day falls directly after Valentine’s Day. In this report, we’re breaking down the #retail opportunities, shoppers’ spending expectations, in-store vs online shopping expectations, popular destinations by retailer type, and more. https://coresight.com//us-valentines-day-2021-retail-prev/

This week’s note From the Desk of Deborah Weinswig discusses the impact on #retail of the new #BuildBackBetter recovery plan in the United States. Get our CEO and Founder’s take on the new program and what it means for the US. https://coresight.com//weinswigs-weekly-about-that-new-bu/

With #Covid19 accelerating the velocity of change in #retail, explore how the adoption of #multienterprise #platforms can help retail transform in our latest #complimentary report created with Bamboo Rose! Download Here: https://coresight.com//a-new-reality-demands-a-networked-/

In our Question Of the Week we ask: How Much Will Major US #Warehouse #Clubs and #Mass #Merchandisers Generate in #Sales This Year? #qotw #uptrending #discounters #growth #projections https://lnkd.in/dnRzsTw

3 Things You Need to Know about #Retail #Bankruptcies amid the #covid19 crisis: 1) #covid19 drives 80% of 2020 bankruptcies 2.) The #apparelindustry accounts for almost 50% of all retail bankruptcies #YTD 3.) As of August 14, #retailers announced 6,650 #storeclosings in 2020 ... Full findings here: https://coresight.com//reviewing-americas-retail-bankrupt/

With 50% of retailers citing #supplychain agility and flexibility as their most pressing business issue, leveraging multi-enterprise platforms (MEPs) will be key for retailers in a post #covid19 #shopping landscape. In our latest complimentary report, we explore the value of MEPs and look at how industry leader Bamboo Rose is paving the way for #nextgen retail founded on #technology and powered by #community. Download the full report! ... https://lnkd.in/dx_fuzR See more

In our Question of the Week we ask: Which Major US #Department #Store Chains have Filed for Bankruptcy so far this Year? #retailnews #retailindustry #bankruptcies Explore our full review of America’s retail bankruptcies amid the #covid19crisis here: https://lnkd.in/dJ7gqxP

What will the #future #mall look like? With #COVID19 accelerating mall consolidation, our latest 3 Things You Need to Know chart tracks the latest #closures, at-risk candidates, and the future of anchor #tenants. #futureofretail Read more here: ... https://coresight.com//us-mall-closures-impact-of-covid-1/

Calling on all #smbs looking to expand their vision to apply for @alibaba.group #goglobal #1111pitchfest! We're honored that our CEO and founder Deborah Weinswig is serving as an advisor to the event! Apply before the 9/4 deadline. (link below!) https://www.alibabapowersbusinesses.com/go-global . . #pitchfest #singlesday #alibaba #tmall #global #china #retail #insight #leadership #supportsmallbusinesses #ecommerce #digital #shopping #retailevents #retailnews #1111

We partnered up with Bamboo Rose on our latest free report, highlighting why adopting multi-enterprise platforms (MEPs) are paramount for survival in the new retail landscape! #retailnews #supplychain #meps Download the full report here: https://lnkd.in/dx_fuzR

Think #AI is key to imagining a new #retail #landscape, one that integrates #machinelearning with #behavioraleconomics? Join our upcoming webinar, Sept 15th @ 11 AM, with Rogayeh Tabrizi, CEO of Theory+Practice, and moderator Deborah Weinswig, as they discuss practical ways to leverage AI and existing data to create better consumer experiences. Register today! #ai #retailtech #futureofretail https://coresightresearch.zoom.us//WN_K5IC51syS7icLFeoLbDD

China’s sportswear brand LiNing.Offical had its 30th anniversary show in #Dunhuang, famous for #Mogao caves. Models wore designs inspired by #buddhist #frescoes, highlighting the appeal of domestic travel as #wanderlust this year. #marketing #branding #fashion

Looking for #intel on how #covid19 has impacted consumers’ attitudes toward #sustainability? Read our latest complimentary report that covers how 29.0% said the pandemic has made sustainability more of a factor when shopping, to why reducing plastic is the #1 way #retailers can make a difference.

Monday inspiration! Prada and adidas teamed up again to release their new sneaker collaboration. Together they recreated the #superstar #sneaker, giving #drop #culture and #footwear a boost for the #fall #season.

Is #onlinegroceryshopping here to stay? From our latest #consumer #survey update, here are the 3 Things You Need to Know about the #online #grocery shopping trend. #coronavirus #insights Want to know more? Read the full report here! https://lnkd.in/dfHbzEs