Reasons to Read

Each report in the Weinswig’s Weekly series reflects on a topical theme in retail. We also highlight our key research from the past week and upcoming reports to look out for, so you don’t miss out.

This week, we uncovered opportunities in the US retail market (covering both online and offline channels) in our latest Market Navigator report. Each Market Navigator serves as a definitive guide to inform readers’ strategic decision-making and assist them in tapping opportunities and navigating disruption in retail and adjacent industries.

So, what is happening in US retail that you need to understand? This week’s note, “From the Desk of Deborah Weinswig,” discusses the challenging state of the current US retail landscape, covering the impacts of inflation, excess inventory, market consolidation and more.

Other relevant research:

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Reasons to Read

On August 29–31, 2023, Google hosted its annual Google Cloud Next event in San Francisco, US.

We present key insights from the opening keynote of the event, which focused on new, AI (artificial intelligence)-related product developments—including for machine-learning platform Vertex AI and generative AI Workspace tool Duet AI—as well as cybersecurity features.

Other relevant research:

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Our Weekly US and UK Store Openings and Closures Tracker reports on store closures, openings and bankruptcies.

Data in this research report include:

  • 2023 week-by-week comparisons of announced store closures and openings in the US and the UK
  • 2022 week-by-week comparisons of announced store closures and openings in the US and the UK
  • 2023 major US store closures and openings
  • 2023 major UK store closures and openings

Companies mentioned in this research report include: Dollar General, Wilko

Other relevant research:

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In our BEST at Retail series, Coresight Research examines how brands employ the elements of the BEST framework in their online and offline stores. Coresight Research relaunched our proprietary BEST framework in 2022, helping retailers rethink their approach to retail via brand building, experiences, service and technology integration with a consumer-centric approach to online and in-store retail.

In this report, we offer strategies that companies can adopt to create engaging in-store experiences. We also examine how three iconic retailers—Adidas, Five Below and Nordstrom—maximize experiential shopping in their stores, offering insights from store visits completed in July 2023.

Data in this report include:

  • Proprietary survey data on what in-store experience US consumers want, overall and broken down by age group

Companies mentioned in this report include: Adidas, Bloomingdale’s, Express, Five Below, Nordstrom, Samaritaine, Trader Joe’s

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Reasons to Read

The US will see 78 million square feet of new retail space open in 2023, with Dollar General contributing an estimated 10.8 million square feet to that figure.

The US Store Tracker Extra monthly series offers insight into retailers’ store closure and opening announcements, including their square-footage impact. In this report, we detail announced closures and openings as of September 1, 2023.

Data in this report are:

  • Year-to-date announced US store closures and openings estimates for 2023, by retailer
  • Year-to-date announced 2023 US store closures and openings estimates in gross square feet, by retailer
  • US announced store closures and openings: week-by-week data for year-to-date 2023 versus the comparable period in 2022

Companies mentioned in this report include: Bed Bath & Beyond, Burlington Stores, CVS Health, Dollar General, Dollar Tree, Tuesday Morning

Other relevant research:

  • View our full collection of Weekly US and UK Store Openings and Closures Tracker and monthly US Store Tracker Extra reports.
  • The Coresight Research US Store Tracker Databank offers our premium subscribers access to openings and closures data from 2012 to 2022 year to date, filterable by sector and year.
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Reasons to Read

The Coresight Research Innovator Matrix series uncovers the top technology companies across key segments, helping retailers find technology partners, and investors discover promising retail-technology startups poised for growth.

In this report, we discuss the US Web3 landscape and opportunity, and identify the next generation of retail innovators in the space. Web3 enables brands and retailers to sell products to consumers through tokenized digital assets in a secure, decentralized environment.

We analyze, evaluate and score the top 10 companies based on their relative performance on a two-factor evaluation scale: level of innovation and market potential. We categorize the companies into three areas of innovation:

  • Infrastructure and development
  • Payments and transactions
  • Security and compliance

Companies mentioned in this report are: Alchemy Insights, Ava Labs, CertiK, Chainalysis, ConsenSys, Cultos, Fireblocks, MoonPay, Mysten Labs, Tezos

Other relevant research: 

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Reasons to Read

The Coresight Research US Housing Market Indicators series analyzes the current housing market landscape in the US, based on a range of metrics. We identify the factors influencing the industry and resulting in changes in supply and demand with inputs for the retail sector.

This report analyzes the latest data available as of the end of July 2023.

Data in this report include:

  • US housing permits, starts and completions
  • US existing home sales
  • US Pending Home Sales Index
  • US new home sales
  • US Housing Affordability Index

Other relevant research:

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Reasons to Read

The Coresight Research weekly US Consumer Survey Insights (formerly US Consumer Tracker) series takes a regular temperature check on US consumers’ behaviors and sentiment, based on exclusive proprietary survey data.

In this report, we present findings from our survey conducted on August 28, 2023.

Data in this research report are our latest proprietary survey findings on:

  • Which retailers consumers have bought food and nonfood products from in the last two weeks
  • What products consumers have bought in-store and online in the last two weeks
  • Activities that consumers have done in the past two weeks
  • Avoidance of public places, by type of public place—latest data and four-week PPT changes

Companies mentioned in this research report include: Aldi, Amazon, Albertsons, Ahold Delhaize, Costco, Dollar General, Dollar Tree/Family Dollar, Kohl’s, Kroger, Macy’s, Target, Walmart

Other relevant research:

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Reasons to Read

Our weekly Earnings Insights reports feature highlights from recent management commentary from major US retailers within our Coresight 100 coverage list as they report second-quarter 2023 earnings.

This week, there are highlights from companies that reported in the week ended September 3, 2023, across four sectors: apparel and footwear, discount stores, jewelry retailers and specialty apparel. 

Data in this report are:

  • Quarterly data from companies, including gross margins and sales data by brand (where applicable), channel and geography

Companies mentioned in this report include: Academy Sports and Outdoors, Big Lots, Dollar General, Five Below, Lululemon Athletica, PVH, Signet Jewelers

Other relevant research: 

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Reasons to Read

Each Market Navigator report offers an in-depth, data-rich view of a retail, consumer or technology sector and is packed with data on sectors, segments, companies and consumers. Our analysts discuss at greater length the sector themes they are observing and the insights they are forming on their markets. We intend these definitive guides to serve as points of reference to those in the retail ecosystem, guiding readers’ strategic decision-making and assisting them in tapping opportunities and navigating disruption in retail and adjacent industries.

In this Market Navigator report, Coresight Research explores the US retail and e-commerce market in the post-pandemic retail environment. We provide the size and trajectory of the US retail and e-commerce market for 2023 and beyond, as well as critical factors impacting market growth. We also discuss e-commerce penetration, distribution channels, the competitive landscape, key themes and innovators, and blue-sky thinking for the market.

Data in this research report include:

  • US retail and e-commerce market size and year-over-year growth rates for 2018–2027E
  • Total US retail market sales by channel (online and offline) and sector for 2018–2027E
  • Total US online retail sales and year-over-year growth rates for 2018–2027E
  • Leading retailers in the US ranked by revenue, e-commerce revenue and total global operating margins for 2018–2022
  • Proprietary survey data on where consumers shop for food and nonfood products

Companies mentioned in this report include: Albertsons Companies, Apple, Amazon, Costco Wholesale, CVS Health Corporation, Home Depot, Kroger, Lowe’s Companies, Target Corporation, Walgreens Boots Alliance, Walmart

Other relevant research:

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Reasons to Read

The Coresight Research weekly China Consumer Survey Insights series (formerly China Consumer Tracker)  takes a regular temperature check on Chinese consumers’ behaviors and sentiment, based on exclusive proprietary survey data.

In this research report, we present findings from our survey conducted on August 21, 2023.

Data in this research report are:

  • Activities that consumers have done in the past two weeks
  • Avoidance of public places, by type of public place—latest data and one-and four-week PPT changes
  • What products consumers have bought in-store and online in the last two weeks
  • Expectations for economic conditions and personal finances in the next 12 months
  • A timeline of selected Covid-19 policy changes in China

Other relevant research:

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Reasons to Read

Each report in the Weinswig’s Weekly series reflects on a topical theme in retail. We also highlight our key research from the past week and upcoming reports to look out for, so you don’t miss out.

This week’s note, “From the Desk of Deborah Weinswig,” previews the Labor Day holiday, drawing on proprietary Coresight Research consumer data.

Data in this research report include:

  • Proprietary survey data—how US consumers plan to celebrate Labor Day 2023

Other relevant research:

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Reasons to Read

The Coresight Research and Circana 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.

This edition of the report presents five key insights from the four weeks ended July 16, 2023.

Data in this research report include:

  • CPG e-commerce, multi outlet and convenience stores (MULOC) and total sales growth
  • CPG e-commerce sales
  • E-commerce CPG sales growth by category type
  • Food & beverage departments: e-commerce and total sales growth
  • Nonfood departments: e-commerce and total sales growth

Other relevant research:

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Reasons to Read

The Coresight Research and Circana 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.

This edition of the report presents five key insights from the four weeks ended June 18, 2023.

Data in this research report include:

  • CPG e-commerce, multi outlet and convenience stores (MULOC) and total sales growth
  • CPG e-commerce sales
  • E-commerce CPG sales growth by category type
  • Food & beverage departments: e-commerce and total sales growth
  • Nonfood departments: e-commerce and total sales growth

Other relevant research:

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Reasons to Read

The Coresight Research and Circana 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.

This edition of the report presents five key insights from the four weeks ended May 21, 2023.

Data in this research report include:

  • CPG e-commerce, multi outlet and convenience stores (MULOC) and total sales growth
  • CPG e-commerce sales
  • E-commerce CPG sales growth by category type
  • Food & beverage departments: e-commerce and total sales growth
  • Nonfood departments: e-commerce and total sales growth

Other relevant research:

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