NEW YORK — The retail sector will see the pace of store closures pick up this year, thanks to the lingering effects of the COVID-19 pandemic. That’s the prediction from the “2020 US Store Closures Outlook” report released earlier this month by Coresight Research. The report updates Coresight Research’s previous estimate to reflect the impact
NEW YORK — Expect the pace of store closures to pick up this year, thanks to the lingering effects of the COVID-19 pandemic. That’s the forecast from the 2020 US Store Closures Outlook report released on Tuesday by Coresight Research. The report updates Coresight Research’s previous estimate to reflect the impact of the coronavirus on
CHICAGO — IRI and Coresight Research have launched a joint, monthly retail trend report providing insights into the future of retail for retailers and suppliers. The monthly reports will leverage the organizations’ combined expertise and unparalleled data assets from across the retail landscape — including purchase data spanning brick-and-mortar and e-commerce retail channels for apparel, CPG
NEW YORK — Retailers can expect a 4% year-on-year sales bump in the holiday months of November and December, according to a forecast from Coresight Research Inc. “A steady economic backdrop frames this year’s holiday shopping season. Higher wage growth and lower gas prices point to the potential for higher sales,” the research firm says
NEW YORK — The lights continue to go out at an alarming rate in stores across the United States, according to the latest report from Coresight Research. With 2019 nearly two-thirds over, the number of shuttered stores thus far is well in excess of 2018’s total, while the number of openings, which already nearly equal’s
A retail renaissance is coming. That is the view of a new report from Coresight Research, which argues that 2019 will be a year of reinvention, for the retail industry and for retail stores. “By the end of 2019, we expect to see spectacular new flagships, many more online-to-off-line ventures and smarter supply chains,” writes
NEW YORK — Nearly half of U.S. consumers shopped for apparel at Amazon.com over the past 12 months, according to a survey from Coresight Research, which concluded that Amazon is neck and neck with Target Corp. as the second-most-shopped apparel retailer in the United States (after Walmart), as measured by the number of shoppers. Much