Insight ReportMarch 2023 US Retail Traffic and In-Store Metrics: Store-Based Sales and Traffic Growth Decelerate Further Aden Dillon D'Souza, Analyst May 4, 2023 Reasons to ReadUsing data from RetailNext, we analyze US retail traffic and in-store metrics in March 2023, in total and by sector, region and location type. Data in this report include: Year-over-year changes in US store-based traffic and sales for the past 13 months Year-over-year changes in US store-based nonfood retail metricsfor the past 13 months—including conversion, ATV, shopper yield and average unit retail Year-over-year changes in US retail traffic for selected industry verticals, for the past 13 months Other relevant research: Our monthly reports keep you up to date on retail sales (in total and by sector) and key consumer indicators, focusing on China, the UK and the US. Complementing our monthly reports, the Coresight Research US Retail Sales Databank brings together retail sales data to help you understand the scale and trajectory of US retail. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in:Weekly US Store Openings and Closures Tracker 2025, Week 48: American Signature, Bed Bath & Beyond and Saks To Close StoresKohl’s CEO Removal—Why It Happened and What It Means for US Department StoresRetail-Tech Landscape: Israel—January 2025 UpdateShoptalk Fall 2025 Day Three: From Constraints to Catalysts—Technology Driving the Next Era of Retail
Insight ReportHas the Chip Shortage Ended? What Does This Mean for Retailers? John Harmon, CFA, Managing Director of Technology Research May 4, 2023 Reasons to ReadWe discuss the current availability of chips (semiconductors) following recent shortages and spikes in consumer demand for electronics and appliances. We also present recent commentary on supply and demand from selected technology companies. This report builds on our previous research on the topic: What Does the Global Chip Shortage Mean for Retailers? Data in this report include: Year-over-year growth in US consumer spending on electronics and appliances, 2010–2022 US revenue for selected consumer electronics products, 2018–2026E Global semiconductor market size, 1987–2023E Companies mentioned in this report include: Apple, Avery Dennison, HP Inc., Lenovo, Microsoft, Qualcomm, Samsung, TSMC Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in:US Retail and Logistics Holiday Hiring Hits Lowest Level in Over a Decade—Data GraphicWeekly UK Store Openings and Closures Tracker 2025, Week 47: Store Openings Exceed 1,500Insights from China’s National Day Golden Week 2025: Resilience and Evolution in Consumer DemandConsumer Sentiment Shows Signs of Improvement Amid Temporary Tariff Reduction: China Consumer Survey Insights
Store TrackerUS Store Tracker Extra, April 2023: Bed Bath & Beyond Pushes Total Closed Space to 52 Million Square Feet Aaron Mark Dsouza, Data Analyst May 4, 2023 Reasons to ReadThe US Store Tracker Extra monthly series offers insight into retailers’ store closure and opening announcements and details on closures and openings as a percentage of total store base and square-footage impact. This report also offers a comparison between year-to-date announced closures and openings, as of April 28, 2023, versus the comparable period in 2022. New this month, we characterize each retailer by type of location—as having stores predominantly on-mall, off-mall or mixed location types. Data in this report are: Year-to-date announced US store closures and openings estimates for 2023, by retailer and location type 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 comparison of 2023 versus 2022 Companies mentioned in this report include: Amazon, Bed Bath & Beyond, Hobby Lobby, Macy’s and Whole Foods Market Other relevant research: US Store Tracker Extra, March 2023: Retailers To Close 31 Million Square Feet of Retail Space in 2023 Click here to 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 2023 year to date, filterable by sector and year—click here to view. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in:Earnings Insights 1Q25, Week 2: Adidas, CVS, Sprouts and More Report Solid Sales Growth—InfographicConfidence and Couture—Consumer Sentiment Ticks Up, Gucci Leads in Luxury: US Consumer Survey InsightsRetail 2025: India Retail Predictions—Midyear Trends UpdateChinese New Year 2025 Review: From Shopping to Screens—How Younger Consumers Boosted Spring Festival Spending
Research DigestInsights Video: Market Navigator—US Apparel and Footwear Retailing Anand Kumar, Associate Director of Retail ResearchSunny Zheng, Analyst May 3, 2023 Reasons to ReadIn this Insights Video, Coresight Research analysts Sunny Zheng and Anand Kumar present highlights from our Market Navigator on US apparel and footwear retailing. We discuss growth drivers and the competitive landscape, and explore key themes in the market. We consider whether inflation will continue to impact consumer demand, the growth trajectory of e-commerce and the reasons behind softness in selected product categories. Data in this Insights Video include: Coresight Research estimates on the US apparel and footwear market scale and opportunity—including estimated overall sales growth for 2023 and beyond, growth by segment and online sales growth Revenue growth, store traffic and other metrics for leading specialty apparel and footwear retailers Proprietary US consumer survey data on the leading brands and retailers in the market Other relevant research: Market Navigator: US Apparel and Footwear Retailing—After the Bounce, What’s Next? All our coverage of apparel and footwear retail Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in:Reinventing Store Checkout: Minimizing Friction to Drive Business GrowthAWS Re:Invent 2025: Five Insights from a Flood of Agentic AI Announcements by AmazonThree Data Points We’re Watching This Week, Week 15: US CPG LatestIndia’s Maha Kumbh Mela 2025: How Convenience, Technology and Sustainability Powered a Multibillion-Dollar Festival
Event PresentationUsing the Coresight Research 3x3x3 Framework To Navigate a “Chutes and Ladders” Economy: Insights Presented at Golden Seeds 2023 Annual Summit Marie Driscoll, CFA, Managing Director of Beauty and Luxury Sector Lead: Anand Kumar, Associate Director of Retail Research May 3, 2023 Reasons to ReadOn May 3, 2023, Coresight Research presented at the Golden Seeds 2023 Annual Summit on how can retailers navigate a “chutes and ladders” economy. Understand the current economic environment and retail context by reading our insights on leading indicators of US retail sales and learnings from past recessions. Learn how to leverage the Coresight Research 3x3x3 framework—which outlines three things for retailers to sell, three ways for retailers to sell them and three ways for retailers to deliver them—to drive success. We cover key topics including retail media, quick commerce, livestreaming, sustainability and the metaverse. Companies mentioned in this presentation include: Gopuff, Instacart, Longaberger, NIKE, Ralph Lauren, Woolworths Group Other relevant research: More Coresight Research coverage of the metaverse, livestreaming, retail media and sustainability More event presentations from Coresight Research Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in:Analyst Corner: Controversy Persists Around Price Gouging with Electronic Shelf Labels, with John HarmonThree Data Points We’re Watching This Week, Week 10: Inflation, Tariffs and Consumer SentimentApril 2025 US Retail Sales: Growth Rate Reaches New High for 2025 Despite Economic UncertaintyShaping What’s Next in Retail—Physical Retail, AI, Retail Media: Insights from NextGen 2025, a Coresight Research Conference
Innovator ProfileInnovator Profile: Hyran Technologies Uses AI To Drive Profitability and Sustainability in the Fashion Supply Chain Charlotte Rothschild, Analyst Sector Lead: John Harmon, CFA, Associate Director of Technology Research May 3, 2023 Reasons to ReadCoresight Research is a research partner of Shoptalk Europe 2023. On May 9, 2023, Deborah Weinswig, CEO and Founder of Coresight Research, will emcee and feature on the judging panel of the event’s Startup Pitch competition. In advance of the Startup Pitch, we are profiling the participating innovators. In this report, we present Hyran Technologies, an AI (artificial intelligence)-powered platform for supply chain management in the fashion industry. This report forms part of our Innovator Profile series, which focuses on emerging technologies that are disrupting traditional retail and fueling innovation across the retail value chain. Other relevant research: The Future of AI in Retail: What Technology Could Make Possible by 2030 Don’t miss all our coverage of Shoptalk Europe 2023, including more Innovator Profiles plus previews, daily insights and a wrap-up of the event. More Innovator Research from Coresight Research All Coresight Research coverage of sustainability, emerging technology and the retail supply chain. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in:Innovator Profile: Wayvee Analytics—Analyzing Customer Emotions to Boost Store and Shelf PerformanceWeekly US Store Openings and Closures Tracker 2025, Week 42: 40 New Openings for Ross Stores Reflect Off-Price EncroachmentAnalyst Corner: What’s Happening in China’s Economy? Analyzing Retail and Consumer Metrics with Madhav PitaliyaThe New AI Unicorn—Reka AI Secures $110 Million from NVIDIA and Snowflake: What You Need to Know
Insight ReportEarnings Insights 1Q23, Week 1: Albertsons, Crocs, Procter & Gamble, Skechers and More Post Positive Results; Amazon’s Online Sales Improve Aditya Kaushik, Analyst May 3, 2023 Reasons to ReadOur weekly Earnings Insights reports feature highlights from recent management commentary from major US retailers within our Coresight 100 coverage list, as they report first-quarter 2023 earnings. This week, there are highlights from companies that reported in the week ended April 30, 2023, across six sectors: apparel and footwear, consumer packaged goods, drugstore, e-commerce, food and grocery, and home and home-improvement. 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: Albertsons Companies, Crocs, Columbia Sportswear, Procter & Gamble and Tractor Supply Company Other relevant research: Earnings Insights 4Q22, Week 6: Burlington, Dollar Tree, Kroger and Urban Outfitters Post Strong Sales Growth; Carter’s, Kohl’s, Lowe’s and Qurate Retail See Sales Decline Earnings Insights 4Q22, Week 5: Floor & Decor, TJX and Walmart Post Solid Sales Momentum; Alibaba and Home Depot See Slowed Growth 3Q22 US Earnings Season Wrap-Up: A Mixed Quarter for Retail Amid Inflationary Pressures The Coresight 100 List Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in:Weekly US Store Openings and Closures Tracker 2025, Week 18: Skechers To Close Multiple Stores; Whole Foods Market To Open Smaller-Format StoresOnline Shopping in Focus—Amazon Dominates E-Commerce Competition: US Consumer Survey InsightsGlobal Tech and Retail Layoffs in 2025: Structural or Cyclical?Innovator Profile: Novel—Driving Conversion and Boosting Loyalty with Branded Wallet Passes
Event CoverageShoptalk Europe 2023 Startup Pitch Competition: Preview—10 Innovators, Three Areas of Retail Disruption Coresight Research Sector Lead: John Harmon, CFA, Associate Director of Technology Research May 3, 2023 Reasons to ReadWe preview the Shoptalk Europe 2023 Startup Pitch competition, presenting the 10 participating technology innovators, which span three areas of retail disruption. Key themes include sustainability, artificial intelligence (AI), supply chain, customer experience, logistics and more. Coresight Research is a research partner of Shoptalk Europe 2023. Other relevant research: In advance of the startup pitch competition at Shoptalk 2023, we profiled each of the participating innovators in detail. Click the links in this report to access those Innovator Profiles. Your Strategic Guide to Shoptalk Europe 2023: Our Pick of the Agenda All Coresight Research coverage of emerging technology 2023 Retail and Technology Outlook: Facing into the Headwinds Executive Summary The event, moderated by Deborah Weinswig, CEO and Founder of Coresight Research, will see 10 early-stage startups present on their innovative technologies that are solving important challenges in retail. There will be two rounds: all competitors will present in the first round, followed by a short Q&A, after which selected companies will progress to round two, during which they will participate in a more in-depth Q&A session. An expert panel of judges will select the Judges’ Choice winner, and the audience will have the opportunity to cast their votes for the Audience Choice winner. The participating innovators are Hyran Technologies, Inoqo, Metav.rs, Primis, Quiver, Radd., Rentle, SegmentStream, Sociate.ai and Syrup Tech. Coresight Research categorizes the participating innovators into three areas of innovation in retail: marketing and new business models; new ways to engage consumers; and optimizing operations and sustainability. Introduction Coresight Research is a research partner of Shoptalk Europe 2023, which will take place during May 9–11 in Barcelona, Spain. Shoptalk Europe is an annual retail conference focusing on retail innovation. The Coresight Research team will participate in two sessions during the conference—see our Strategic Guide to Shoptalk Europe 2023 for more details. In addition, on May 9, 2023, Coresight Research will host the Startup Pitch competition, which will see 10 early-stage retail-technology innovators compete to win the Judges’ Choice and Audience Choice awards. In this report, we present a preview of the pitch competition, covering its format and the judging panel as well as a profile of each participating innovator. Shoptalk Europe 2023—Startup Pitch Competition: A Preview Event Format and Judging Panel The Shoptalk Europe 2023 startup pitch competition will comprise two rounds across two sessions through the day: Round 1. All competitors will present for three minutes on their innovative technologies that are solving important challenges in retail. An expert panel of judges will lead a short Q&A session following each presentation, before selecting a shortlist of companies to progress to the next round. Round 2. The finalists will each participate in a more in-depth Q&A session. The judging panel will then reveal the Judges’ Choice winner, and the audience will have the opportunity to cast their votes for the Audience Choice winner. Deborah Weinswig, CEO and Founder of Coresight Research, will emcee the competition, in addition to participating as one of the judging panel. She will be joined by two expert judges: Carolin Wais, Partner EMEA Ventures at Plug and Play Carles Ferrer Roqueta, General Partner at Nauta Capital Innovative Solutions Across Three Areas of Retail Disruption Coresight Research categorizes the 10 startups into three areas of disruption in retail. 1. Marketing and New Business Models As consumer shopping habits and channels continue to evolve, innovators are creating solutions to help brands and retailers sell in new channels and in a more efficient manner. Companies: Rentle, SegmentStream 2. New Ways To Engage Consumers Retailers are embracing new technologies such as video, AI (artificial intelligence) and Web3 to go where consumers are, engage them there and generate loyalty. Companies: Metav.rs, Primis, Radd., Sociate.ai 3. Optimizing Operations and Sustainability To meet consumer and regulatory demand for greater sustainability, retailers are adopting tools to analyze and help reduce the environmental impacts of their operations (including in last-mile delivery) and improve efficiency through more accurate forecasting. Companies: Hyran Technologies, Inoqo, Quiver, Syrup Tech The Competing Innovators We profile each of the innovators below—including the speaker who will present on the company’s solution at the pitch competition—in alphabetical order. Hyran Technologies Speaker: Dr Ahmed Zaidi, Co-Founder & CEO Area of disruption: Optimizing Operations and Sustainability Founded in 2022, Hyran Technologies is an AI-powered platform for supply chain management in the fashion industry. The platform is collaborative and enables suppliers to leverage supply chain data in real time, improving production visibility and planning to effectively respond to consumer demand and reduce waste. Read the full Innovator Profile for Hyran Technologies. Inoqo Speaker: Markus Linder, Co-Founder & CEO Area of disruption: Optimizing Operations and Sustainability Inoqo is a software-as-a-service (SaaS) platform that combines public and private data alongside an AI-powered algorithm to help grocery retailers, food and beverage brands and suppliers assess, communicate and action the socio-environmental impacts of their products and ingredients. Inoqo aims to help consumers make more environmentally and socially conscious choices through clear product labeling and retailer transparency around their environmental impact. Read the full Innovator Profile for Inoqo. Metav.rs Speaker: Simon Foucher, Co-Founder & CEO Area of disruption: New Ways To Engage Consumers Metav.rs provides a no-code content management platform with integrated apps to help brands and retailers operate in the metaverse in a centralized manner, enabling them to better manage Web3 assets, websites and virtual worlds. The company aims to democratize access to the metaverse and enable Web3 brands and retailers to integrate content into virtual worlds more easily. Metav.rs is interoperable between major metaverse platforms and social media networks, and is compatible with major e-commerce platforms and payment systems. Read the full Innovator Profile for Metav.rs. Primis Speaker: Rebecca Griffiths, Founder & CEO Area of disruption: New Ways To Engage Consumers Primis is a digital-first customer experience (CX) platform that focuses on enhancing interactions between consumers and retailers to improve post-purchase customer experiences. The platform offers visually engaging formats and live updates, with features including personalized, event-driven emails, order recaps and product recommendations. Primis provides usable data that helps retailers understand the entire consumer journey. It also offers sustainability solutions, such as tree-planting initiatives and direct carbon offsetting. Products include Primis Track (for shipment tracking), Primis Ship (for cross-border parcel management) and Primis Returns (to help merchants automate returns, increase loyalty and drive exchanges over returns). Read the full Innovator Profile for Primis. Quiver Speaker: Matthew Barrie, Co-Founder & CEO Area of disruption: Optimizing Operations and Sustainability Quiver is a logistics technology provider that enables online retailers to offer different fulfillment options, such as same-day delivery, scheduled delivery or in-store pickup. The central dashboard allows retailers to monitor inventory levels, combining fulfillment preferences with Quiver’s location prioritization algorithm to embed delivery options at checkout and deliver orders as fast as possible to the customer. Quiver describes itself as a “climate first” company; it enables retailers to track and reduce their impact on the environment, saving carbon-dioxide emissions through more efficient, AI-powered routing as well as by using electric- or human-powered vehicles for deliveries. Read the full Innovator Profile for Quiver. Radd. Speaker: Sivan Baram, Co-Founder & CEO Area of disruption: New Ways To Engage Consumers Radd. is an e-commerce intelligence platform that provides video-marketing software for online brands and retailers, enabling them to host customer and influencer UGC (user-generated content)—including livestreams and shoppable story-like video reviews—on their websites, to drive traffic, engagement and conversion. Radd. leverages AI to personalize the curation of story review videos displayed based on each website visitor’s shopping history, in order to enhance engagement and drive sales. Radd.’s platform also enables brands and retailers to access analytics to monitor video performance. Read the full Innovator Profile for Radd.. Rentle Speaker: Tuomo Laine, Co-Founder & CEO Area of disruption: Marketing and New Business Models Rentle is a circular-commerce software platform that supports new retailers looking to start a rental business or existing retailers looking to try out the rental business model. Rentle offers inventory management and digital catalog creation as well as a store management platform. Rentle believes that most commerce software is designed for selling ownership, not access. Through its platform, Rentle enables retailers of all sizes to explore the rental opportunity, selling access to shoppers while retaining control of the customer relationship. In addition, the company aims “to accelerate the sustainable consumption of durable goods.” Read the full Innovator Profile for Rentle. SegmentStream Speaker: Constantine Yurevich, Co-Founder & CEO Area of disruption: Marketing and New Business Models Founded in 2018, SegmentStream is a conversion modeling platform that helps brand advertisers understand how ads are performing across different digital channels. It leverages machine learning (ML) to track each unique visit on a retailer’s website and predicts the future chances of conversion for every shopper who views the ad. SegmentStream attributes the modeled conversion to the traffic source when the probability of purchase is high. This attribution helps advertisers quantify the impact of their marketing initiatives and efficiently allocate resources to relevant ad platforms. Read the full Innovator Profile for SegmentStream. Sociate.ai Speaker: Yasmin Topia, CEO Area of disruption: New Ways To Engage Consumers Sociate.ai is a creator of chat applications with built-in generative AI, providing interfaces that make it easier for people to interact with and train chat applications, enhancing the customer experience. With the ability to actively learn, Sociate.ai’s AI technologies generate and ask appropriate questions to encourage customers to share relevant information and to offer them good recommendations. Sociate.ai also developed a function targeting the fashion industry: cFIRST (Curious Fashion Intelligence Recommendation and Styling Technology) combines computer vision with natural language processing (NLP) capabilities to make recommendations. In March 2023, Sociate.ai launched its Maia generative AI chatbot, which can help fashion brands and retailers integrate generative AI into their websites. Read the full Innovator Profile for Sociate.ai. Syrup Tech Speaker: James Theuerkauf, Co-Founder & CEO Area of disruption: Optimizing Operations and Sustainability Founded in 2020, Syrup offers an AI-powered platform that helps omnichannel brands and retailers optimize inventory management. The platform uses ML algorithms to analyze historical sales data, market trends and other factors to provide accurate demand forecasts and inventory recommendations. It also offers tools for automating inventory allocation, managing purchase orders and optimizing inventory levels across multiple channels. Read the full Innovator Profile for Syrup Tech. This document was generated for Other research you may be interested in:Retail-Tech Landscape: Supply Chain TechnologyInnovator Profile: MUSE Inc.—Transforming Retail Operations with Intelligent Store RobotsBlack Friday 2025 Around the World: Global Retail ObservationsFive Ways AI Is Being Used in Grocery and Mass Retailing—and What’s Next
Innovator ProfileInnovator Profile: Primis Offers Digital Tools To Improve the Post-Purchase Customer Experience Vijay Doijad, Analyst Sector Lead: John Harmon, CFA, Associate Director of Technology Research May 2, 2023 Reasons to ReadCoresight Research is a research partner of Shoptalk Europe 2023. On May 9, 2023, Deborah Weinswig, CEO and Founder of Coresight Research, will emcee and feature on the judging panel of the event’s Startup Pitch competition. In advance of the Startup Pitch, we are profiling the participating innovators. In this report, we present Primis, a customer experience (CX) platform that focuses on enhancing the post-purchase interactions between consumers and retailers. This report forms part of our Innovator Profile series, which focuses on emerging technologies that are disrupting traditional retail and fueling innovation across the retail value chain. Other relevant research: Don’t miss all our coverage of Shoptalk Europe 2023, including more Innovator Profiles plus previews, daily insights and a wrap-up of the event. More Innovator Research from Coresight Research All Coresight Research coverage of emerging technology Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in:Three Data Points We’re Watching This Week, Week 8US Store Openings and Closures Midyear 2025 Review and Outlook: Where Does Retail Real Estate Stand in a Year of Disruption? InfographicJuly 2025 US Retail Sales: Growth Accelerates to Second-Highest Rate YTD, Supported by Prime DayUS Retail in the Rest of 2025: Normalized Demand and Leaner Inventories Ahead of a High-Stakes Holiday Season
Innovator ProfileInnovator Profile: Sociate.ai Enhances the Online Customer Experience Through Generative AI Terence Ng, Senior Analyst Sector Lead: John Harmon, CFA, Associate Director of Technology Research May 2, 2023 Reasons to ReadCoresight Research is a research partner of Shoptalk Europe 2023. On May 9, 2023, Deborah Weinswig, CEO and Founder of Coresight Research, will emcee and feature on the judging panel of the event’s Startup Pitch competition. In advance of the Startup Pitch, we are profiling the participating innovators. In this report, we present Sociate.ai, a creator of chat applications with built-in generative AI (artificial intelligence). This report forms part of our Innovator Profile series, which focuses on emerging technologies that are disrupting traditional retail and fueling innovation across the retail value chain. Other relevant research: Don’t miss all our coverage of Shoptalk Europe 2023, including more Innovator Profiles plus previews, daily insights and a wrap-up of the event. More Innovator Research from Coresight Research ChatGPT and Generative AI: Five Things Retailers Should Know All Coresight Research coverage of emerging technology Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in:Sentiment Hits Four-Month Low as Higher-Income Confidence Weakens; Plus, Mass Merchandisers and Warehouse Clubs in Focus: US Consumer Survey InsightsRetail-Tech Landscape: Supply Chain TechnologyTrends and Predictions for 2025 with Updates from CES and NRF: Premium Subscriber Call, January 2025The New AI Unicorn—Reka AI Secures $110 Million from NVIDIA and Snowflake: What You Need to Know
Insight ReportUS Apparel and Beauty Spending Tracker, March 2023: Fashion Growth Slides; Beauty Remains Strong Sunny Zheng, Analyst May 2, 2023 Reasons to ReadThe Coresight Research US Apparel and Beauty Spending Tracker provides a monthly update on the trajectory of consumer spending on beauty, clothing and footwear. Our latest report covers spending from March 2023, showing that clothing and footwear spending increased by 2.9% year over year. Data in this report include: US consumer spending on clothing and footwear year-over-year percentage change, March 2022–March 2023 US consumer spending on clothing by category year-over-year percentage change, March 2022–March 2023 US consumer spending on footwear year-over-year percentage change, March 2022–March 2023 US consumer spending on selected beauty categories year-over-year percentage change, March 2022–March 2023 Other relevant research: The previous US Apparel and Beauty Spending Tracker, with February 2023 data The Coresight Research monthly reports collection Coresight Research coverage of the apparel and footwear market Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in:Three Data Points We’re Watching This Week UK Store Openings and Closures—2024 Review and 2025 OutlookTariff Pessimism Cools; Inflationary Trade-Down Persists: US Consumer Survey Insights ExtraWeekly UK Store Openings and Closures Tracker 2025, Week 29: New Look Closes Additional StoresGroceryshop 2025 Wrap-Up: Reinventing Grocery for an AI-Driven, Health-Focused and Value-Conscious Era
Deep DiveUS Consumer Tracker: A Potential Shift from Services to Retail? Owen Riley, Analyst May 2, 2023 Reasons to ReadThe Coresight Research weekly US Consumer Tracker 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 April 24, 2023. Data in this report are our latest proprietary survey findings and four-week changes for: Avoidance of public places, by type of public place Activities that consumers have done in the past two weeks 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 Companies mentioned in this report include: Aldi, Amazon, Albertsons, Ahold Delhaize, Costco, Dollar General, Dollar Tree/Family Dollar, Kohl’s, Kroger, Macy’s, Target, Walmart Other relevant research: Read the full series of US Consumer Tracker and US Consumer Tracker Extra reports The Coresight Research US Consumer Tracker Databank provides insight into US consumer behaviors from our weekly tracker surveys. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in:Three Data Points We’re Watching This Week, Week 28: US Retail and Consumer LatestTrends and Predictions for 2025 with Updates from CES and NRF: Premium Subscriber Call, January 2025JCPenney Merges with SPARC Group to Form Catalyst Brands—What It Means for US RetailPlaybook: GenAI To Reinvent Supply Chains
Event CoverageYour Strategic Guide to Shoptalk Europe 2023: Our Pick of the Agenda Marie Driscoll, CFA, Managing Director of Beauty and Luxury May 2, 2023 Reasons to ReadShoptalk Europe 2023 is nearly here! We offer a guide for attendees of notable sessions across the major themes of this year’s event. We also highlight the Startup Pitch competition as well as the sessions in which Coresight Research will participate. Coresight Research is a research partner of Shoptalk Europe 2023. This report has been updated since it was first published. Other relevant research: Don’t miss all our coverage of Shoptalk Europe 2023, including Innovator Profiles, our Startup Pitch preview, daily insights and a wrap-up of the event. All Coresight Research coverage of emerging technology 2023 Retail and Technology Outlook: Facing into the Headwinds Global Retail in 2023: Five Forces, Five Trends Executive Summary Key sessions during Shoptalk Europe 2023 cover five major themes, as identified by the Shoptalk team: shopper engagement, emerging channels and business models, store experience, technology and organizational changes. The Startup Pitch competition will see startups present on their innovative technologies that are solving challenges in retail. The Coresight Research team will participate in two sessions during the conference, exploring Web3, supply chain, retail innovation and more. Introduction Coresight Research is a research partner of Shoptalk Europe 2023, which will take place during May 9–11 in Barcelona, Spain. Shoptalk Europe is an annual retail conference focusing on retail innovation. In this preview, we offer a guide to notable sessions for attendees across five major themes identified by the Shoptalk team: shopper engagement, emerging channels and business models, store experience, technology and organizational changes. We also highlight the Startup Pitch competition (which will take place on the first day of Shoptalk Europe) as well as the sessions in which Coresight Research will participate. All times in this report are CET (local time of the event). To ensure you don’t miss out on critical insights, we will provide regular coverage of Shoptalk Europe 2023 on stage.coresight.com. Closing the event, leaders of the Shoptalk Content Team will host the “Shoptalk Europe Recap: Key Takeaways for 2023” session on the Terracotta Stage at 3.20 p.m. on Thursday, May 11. In addition, The Retail Zeitgeist—a 20-minute distillation of all that’s happening in retail technology and innovation, with flagship Shoptalk content—will take place on the keynote stage (the “Imaginarium”) at 1.55 p.m. on May 11, presented by Krystina Gustafson, SVP Content at Shoptalk, and Ben Miller, Director of Original Content at Shoptalk. Coresight Research will publish a wrap-up of everything you need to know from Shoptalk Europe 2023 after the event. Guide to Shoptalk Europe 2023: Coresight Research Insights Notable Sessions Across Five Major Themes Shopper Engagement With increased competition for shoppers’ attention and spending, retailers need to provide differentiated and immersive shopping experiences to stand out and capture share. What does best-in-class shopper engagement look like? Highlighted sessions cover using data to delight, simplifying online discovery and using new products and experiences to draw in Gen Z consumers. Below, we present notable sessions relevant to this theme. Date Time Location—Track Session Interviewer/ Presenter Participating Companies Tuesday, May 9 11.00–11.40 a.m. Teal Stage—Meeting Heightened Consumer Expectations Case Studies: Using Customer Data to Surprise and Delight HG O’Connell, Assistant Content Director, Shoptalk M&S Unibail-Rodamco-Westfield Zalando Tuesday, May 9 11.50 a.m.–12.30 p.m. Lime Stage—Groceryshop @ Shoptalk Europe Simplifying Online Product Search and Discovery Anne Mezzenga, Co-CEO, Omni Talk Carrefour Nestlé Picnic Tuesday, May 9 2.35–3.15 p.m. Teal Stage—Meeting Heightened Consumer Expectations Catering to Gen Z Shoppers with New Products and Experiences Debbie Ellison, Global Chief Digital Officer, VMLY&R COMMERCE Adidas Bubble Skincare Spotify Related Coresight Research reports: All our coverage of livestreaming e-commerce Retail-Tech Landscape: Reality Technologies Enabling Brands and Retailers To Offer Immersive Shopping Experiences Robotics in Retail—Part 2: Service Bots Automate and Upgrade the In-Store Experience Emerging Channels and Business Models Continued macroeconomic uncertainty is driving more retailers to new and emerging channels to generate alternative revenue streams. What emerging channels will offer business growth opportunities and how do companies capture those? At Shoptalk Europe 2023, sessions under this theme will cover opportunities such as NFTs (non-fungible tokens), retail media and marketplaces. Below, we present notable sessions relevant to this theme. Date Time Location—Track Session Interviewer/ Presenter Participating Companies Wednesday, May 10 1.00–1.40 p.m. Lime Stage—Groceryshop @ Shoptalk Europe Next-Generation Convenience Offerings that Meet Consumer Needs Anne Mezzenga, Co-CEO, Omni Talk BP Uber Eats Mars Wrigley Wednesday, May 10 1.50–2.10 p.m. Terracotta Stage—Exploring Emerging Retail Technologies Retail Opportunities for NFTs and Virtual Goods Simon James, Group VP, Data Science & AI, Publicis Sapient e.l.f. Beauty Mars Wednesday, May 10 4.05–4.45 p.m. Lime Stage—Groceryshop @ Shoptalk Europe Developing an Effective Retail Media Network Strategy Ana Paula Guimarães, Partner, McKinsey & Company John Lewis Partnership Mimeda The Coca-Cola Company Thursday, May 11 9.00 – 9.40 a.m. Lime Stage—Groceryshop @ Shoptalk Europe Building Successful FMCG-Retailer Relationships Laure Maddens, Partner, Bain and Company Amazon InBev PepsiCo Thursday, May 11 2.30–3.10 p.m. Lime Stage—Groceryshop @ Shoptalk Europe Track Keynote: Digital Innovation Powering European Grocery Retailing Ben Miller, Director of Original Content, Shoptalk Carrefour Thursday, May 11 3.20–4.00 p.m. Lime Stage—Groceryshop @ Shoptalk Europe Executing Successful E-Commerce Partnerships: Tech Providers, Marketplaces and Beyond Toby Pickard, Global Insight Leader, IGD Diageo Kraft Heinz Migros Ticaret Related Coresight Research reports: Retail-Tech Landscape: Retail Media Ebook: Building Blocks of the Metaverse Innovator Matrix: Last-Mile Delivery Store Experience Greater usage of online shopping in the past few years has focused minds on role of the retail store. Consumers and retailers alike are placing greater emphasis on the in-store shopping experience. How can retailers deliver an outstanding store experience? Retail technologies and store design are among the subjects covered at Shoptalk Europe 2023. Below, we present notable sessions relevant to this theme. Date Time Location—Track Session Interviewer/ Presenter Participating Companies Wednesday, May 10 1.50–2.30 p.m. Yellow Stage—Technology Solution Spotlight Groundbreaking Physical Retail Technologies Chris Walton, Co-CEO, Omni Talk Google Cloud Haut.AI SES-Imagotag Trigo Thursday, May 11 9.50–10.30 a.m. Teal Stage—Outstanding Retail Experiences: In-Store Providing Inspiration and Ease with Innovative Store Designs and Technologies Melissa Gonzalez, Founder, The Lionesque Group, Principal, MG2 COS (H&M Group) Frasers Group Rituals Cosmetics Related Coresight Research reports: Coresight Research has identified physical retail renewal as a key theme in retail this year under our RESET framework: Global Retail in 2023. Five Forces, Five Trends BEST Framework—A New Era in Retail Excellence Data Dive: What US, European and Australian Retailers Are Saying on Capex Robotics in Retail—Part 2. Service Bots Automate and Upgrade the In-Store Experience Technology Macroeconomic headwinds, raised expectations and heightened competition mean that strong technology investment plans will be crucial in enhancing productivity, improving experiences and driving growth. Which tech investments will boost retailers’ revenue and profitability? Retailers and industry experts will share how next-generation technologies, such as AI (artificial intelligence) and ML (machine learning), Web3 and automation can transform operations. Below, we present notable sessions relevant to this theme. Date Time Location—Track Session Interviewer/ Presenter Participating Companies Tuesday, May 9 3.25–4.05 p.m. Yellow Stage—Spotlight on Retail and Technology Innovation VC Perspectives on Retail Technology Innovation Chris Walton, Co-CEO, Omni Talk Antler Atomico Octopus Ventures Wednesday, May 10 1.00–1.20 p.m. Teal Stage—Groundbreaking Data Applications Track Keynote: New and Effective Applications of AI and Machine Learning Joe Laszlo, VP Content, Shoptalk Decathlon Wednesday, May 10 1.20–1.40 p.m. Teal Stage—Groundbreaking Data Applications New and Effective Applications of AI and Machine Learning Joe Laszlo, VP Content, Shoptalk Google Pernod Ricard Wednesday, May 10 2.10–2.30 p.m. Terracotta Stage—Exploring Emerging Retail Technologies Track Keynote: Exploring and Evaluating Emerging Technologies Krystina Gustafson, SVP Content, Shoptalk IKEA Retail (Inkga Group) Wednesday, May 10 4.25–4.45 p.m. Terracotta Stage—Exploring Emerging Retail Technologies Web3 and the Supply Chain: Blockchain, Digital Twins and More Ben Miller, Director of Original Content, Shoptalk Coresight Research (Deborah Weinswig) Wednesday, May 10 4.55–5.35 p.m. Lime Stage—Groceryshop @Shoptalk Europe Next-Generation Automation: Robotics, Checkouts and Beyond HG O’Connell, Assistant Content Director, Shoptalk Carrefour JD.com Ocado Group Thursday, May 11 9.00–9.40 a.m. Yellow Stage—Workshops Simplifying the E-Commerce Tech Stack Bharat Bansal, Partner, Bain and Company Emma – The Sleep Company Thursday, May 11 9.50–10.30 a.m. Lime Stage—Groceryshop @ Shoptalk Europe New Grocery Technologies Worth the Hype Mike Tattersall, Managing Director, Innovation & Chief Commercial Officer, True Ahold Delhaize Sonae MC Unilever Thursday, May 11 2.30–3.10 p.m. Teal Stage—Outstanding Retail Experiences: Digital and Omnichannel New Approaches to Frictionless Payments and Checkout Laura McCracken, Managing Director, Global E-Commerce & Payments, Accenture Abercrombie & Fitch Adidas Flying Tiger Copenhagen Thursday, May 11 2.30–3.10 p.m. Terracotta Stage—Supply Chain Innovations Convenient and Cost-Effective Fulfilment and Delivery Options Markus Schmid, Partner, McKinsey & Company Defacto Just East Related Coresight Research reports: Retail-Tech Landscape: Robotics and Automation Retail Challenges Drive Edge Technology Investment The Future of AI in Retail: What Technology Could Make Possible by 2030 All Coresight Research coverage of emerging technology Organizational Changes Structural and organizational changes can be crucial for retailers to remain competitive in an uncertain and challenging macroeconomic environment—yet attracting and retaining staff must be considered, too. What organizational changes will help retailers win? Retail leaders will explore topics such as leadership, talent and the store workforce. Below, we present notable sessions relevant to this theme. Date Time Location—Track Session Interviewer/ Presenter Participating Companies Tuesday, May 9 2.35–3.15 p.m. Terracotta Stage—Thriving in a Challenging Global Economy The C-Suite on Thriving in Today’s Retail Environment Joelle Diderich, Paris Bureau Chief, Women’s Wear Daily Sarah Engel, President, January Digital Authentic Brands Group (ABG) Pull & Bear, Inditex Tuesday, May 9 3.25–4.05 p.m. Lime Stage—Groceryshop @ Shoptalk Europe Executive Perspectives on the Future of Grocery and FMCG Ben Miller, Director of Original Content, Shoptalk Sarah Engel, President, January Digital Amazon Danone Wednesday, May 10 4.55–5.15 p.m. Teal Stage—The New Retail Organization Track Keynote: Leading with Purpose Chris Brook-Carter, CEO, retailTRUST Ingka Group (IKEA Retail) Wednesday, May 10 5.15–5.35 p.m. Teal Stage—The New Retail Organization Attracting and Retaining Top Tech Talent to Shape the Future of Retail JJ Van Oosten, Advisor, Boston Consulting Group Caudalie Hornbach Baumarkt AG Thursday, May 11 9.00–9.40 a.m. Teal Stage—Outstanding Retail Experiences: In-Store Transforming the Store Workforce with New Roles and Capabilities Steve Dennis, Founder & President, SageBerry Consulting Camper Hornbach Baumarkt AG Related Coresight Research reports: 2023 Retail and Technology Outlook: Facing into the Headwinds The C-Suite’s Evolution: Embracing Technology and Adapting to Hybrid Working in Retail RetailTech: Collaboration Tools for Retailers—Increasing Workplace Productivity Keynotes In addition to the sessions mentioned above, Shoptalk Europe 2023 will host a number of keynote sessions from retail leaders, including: Stefano Perego, VP, Global Operations Services, Amazon (May 9, 5.00–5.20 p.m.) James Reinhart, Co-Founder & CEO, ThredUP, and Milan Daniels, Founder, Otrium (May 9, 5.20–5.40 p.m.) Karl Andersson, Co-Founder & CEO, Matsmart-Motatos, interviewed by Joe Laszlo, VP Content, Shoptalk (May 10, 9.50–10.10 a.m.) Jean-Marc Bellaiche, CEO, Groupe Printemps (May 10, 10.10–10.30 a.m.) Wouter Kolk, CEO, Europe & Indonesia, Ahold Delhaize, and Selma Postma, Chief Digital Officer, Europe & Indonesia, Ahold Delhaize (May 11, 12.15–12.35 p.m.) Stephanie Phair, Group President, Farfetch (May 11, 12.35–12.55 p.m.) Don’t Miss the Startup Pitch Competition! We strongly urge attendees to join the Startup Pitch competition, which will take place on May 9 at the Yellow Stage. The event will span two sessions, comprising presentations and Q&A from early-stage startups whose technologies are addressing challenges in retail. The judges and audience will rate each company, to determine Judges’ Choice and Audience Choice winners. Deborah Weinswig, CEO and Founder of Coresight Research, will emcee the competition, in addition to participating as one of the judging panel. The other judges are Carolin Wais, Partner EMEA Ventures at Plug and Play, and Carles Ferrer Roqueta, General Partner at Nauta Capital. Representatives from the participating innovators that will compete in the Startup Pitch are: Dr Ahmed Zaidi, Co-Founder & CEO, Hyran Technologies Markus Linder, Co-Founder & CEO, Inoqo Simon Foucher, Co-Founder & CEO, Metav.rs Rebecca Griffiths, Founder & CEO, Primis Matthew Barrie, Co-Founder & CEO, Quiver Sivan Baram, Co-Founder & CEO, Radd. Tuomo Laine, Co-Founder & CEO, Rentle Constantine Yurevich, Co-Founder & CEO, SegmentStream Yasmin Topia, CEO, Sociate.ai James Theuerkauf, Co-Founder & CEO, Syrup Tech We have profiled each participating company in separate reports. Look out for our upcoming preview report on the Startup Pitch competition. Coresight Research at Shoptalk Europe 2023 In addition to the Startup Pitch competition (see above), the Coresight Research team will participate in two sessions during the conference, the details of which we provide below. Web3 and the Supply Chain: Blockchain, Digital Twins and More. 4.25 p.m. on May 10, 2023 Web3 (sometimes styled Web 3 or Web 3.0) technologies have existing and potential applications within and between businesses, to improve the operational efficiency and effectiveness of supply chains. Companies are already using blockchain for supply chain visibility, and are utilizing computer vision, augmented reality and connected IoT devices to create “digital twins,” virtual copies of stores or other retail infrastructure. This Shoptalk Original Content presentation will feature new insights from Coresight Research, including a brand new framework on the opportunities to utilize Web3 technologies in your supply chain. Deborah Weinswig, CEO and Founder of Coresight Research Ben Miller, Director of Original Content at Shoptalk Leading-Edge Retail Innovations Outside of Europe: China, US and Beyond. 3.20 p.m. on Thursday, May 11, 2023 Retail innovation can come from anywhere, with groundbreaking technologies and new trends taking off in markets from China to the US. From autonomous stores to payment innovations to new shopping capabilities, companies everywhere are rapidly implementing technologies to cater to changing consumer preferences and deliver products faster and more conveniently. In this session, held on the Teal Stage, retail leaders from Europe and beyond will discuss their latest innovations, and compare and contrast how retail is evolving in markets outside of Europe. Marie Driscoll, Managing Director of Beauty and Luxury at Coresight Research Gareth Locke, Chief Growth Officer at Mytheresa Benjamin Thompson, Head of Digital Transformation at Endeavour Drinks Group Joaquín Mencía, Chief Innovation Officer at Chalhoub Group This document was generated for Other research you may be interested in:Earnings Insights 4Q24, Week 7: Costco, Inditex and Puma Lead with Solid Fourth-Quarter Growth—InfographicGlobal Outreach Summit 2025 Insights: India’s Digital Leap in Apparel Sourcing and SustainabilityInnovator Profile: RetailReady—Transforming Retail Compliance with AI and Computer VisionWeekly UK Store Openings and Closures Tracker 2025, Week 22: Marks & Spencer Announces Additional Store Openings
Analyst CornerWeinswig’s Weekly: Beauty and Wellness—Rediscovering the 50+ Woman John Harmon, CFA, Managing Director of Technology Research April 30, 2023 Reasons to ReadEach 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” (CEO and Founder of Coresight Research), leverages proprietary survey findings to explore the wants and needs of women aged 50+, a demographic that presents a meaningful opportunity for the US beauty and wellness industry. Other relevant research: The 50+ Woman: What She Needs from the Beauty and Wellness Industry, sponsored by CEW, conversation leaders in the beauty industry and community Inclusivity in Retail: Trends from 2022, Opportunities for 2023 Inclusive Beauty: Opportunities To Reach Older Consumers All our coverage of beauty retail Read last week’s Weinswig’s Weekly, which revisits the subject of food waste, exploring the scale of, and potential solutions for, this problem. Please Login to read the full report. Not a member? To access this content for free, register for a free account. This document was generated for Other research you may be interested in:Weekly UK Store Openings and Closures Tracker 2025, Week 38: Bodycare Bankruptcy Sees Further ClosuresGroceryshop 2025 “Shark Reef” Startup Pitch Competition: Innovator ProfilesGlobal Luxury—Real Estate Insights: Brands Move from Tenants to Landlords, with Innovative, Experience-Rich FlagshipsStore Tracker Extra: US Store Openings and Closures 2024 Review and 2025 Outlook
Deep DiveHome and Home-Improvement Retail: Key Factors Influencing US Shoppers Royce Baretto, Analyst Sector Lead: Anand Kumar, Associate Director of Retail Research April 28, 2023 Reasons to ReadThe US home and home-improvement sector is a touch-and-feel industry, meaning consumers often like to hold and test goods before purchase. It is also a sector known for big-ticket, bulky items. As such, the sector often has unique customer preferences and demands. Using proprietary survey data, we analyze the top five factors customers consider when choosing a specialist retailer in the US home and home-improvement sector. We also explore examples of specialist retailers meeting these factors, showcasing what retailers can do to meet customer expectations and preferences. Data in this research report include: US home and home-improvement sector size and year-over-year change for 2017 through 2027E Proprietary survey data on what factors impact US most when choosing a home and home-improvement retailer The drivers behind a successful home and home-improvement assortment Supply chain investments from various companies in the sector Companies mentioned in this report include: Floor & Decor, Home Depot, Lowe’s, Wayfair and Williams-Sonoma Other relevant research: E-Commerce Outlook: US Home-Improvement Market—Retailers Expand Their Online Offerings Leveraging Customer Data in US Home and Home-Improvement Retailing: Moving Toward a Customer Data Platform Head-to-Head in US Home-Improvement Retailing: Home Depot vs. Lowe’s Market Outlook: US Home-Improvement Retailing—Personalization and the Resurrection of In-Store Retail Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in:Retail 2025: China Retail PredictionsWeekly US Store Openings and Closures Tracker 2025, Week 46: Boll & Branch Nearly Doubles Its Store CountDeepSeek: The Chinese AI Startup That Has Overtaken ChatGPT on Apple’s App StoreWeekly UK Store Openings and Closures Tracker 2025, Week 25: Debenhams To Open Stores; Poundland To Close 68 Stores