Reasons to Read

We analyze the retail implications of this year’s National People’s Congress, China’s annual legislative meeting, which took place March 5–13, 2023 in Beijing.

Data in this report include:

  • Year-over-year growth for China’s GDP from 2013 through 2023 (estimated)
  • Specific economic targets announced during the 2023 National People’s Congress
  • The value of China’s digital economy and its share of the country’s GDP in 2021

Companies mentioned in this report include: Alibaba, JD.com, Pinduoduo, Tencent and Xiaohongshu

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Reasons to Read

Coresight Research is a research partner of Shoptalk 2023. On March 26, 2023, Deborah Weinswig, CEO and Founder of Coresight Research, will emcee and feature on the judging panel of the “Shark Reef” startup pitch competition, which will see 12 early-stage innovators compete to win the Judges’ Choice and Audience Choice awards.

In the lead-up to the event, we are profiling the participating innovators. In this report, we present Nibble, an AI (artificial intelligence) chatbot for e-commerce retailers that lets customers negotiate personalized prices on desired products or services.

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.

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Reasons to Read

We analyze China’s retail sales for January and February 2023 in total and by sector, as well as online penetration and online retail sales.

Data in this report are:

  • Total China retail sales year-over-year growth from January 2022 to February 2023
  • China retail sales year-over-year growth by sector for November 2022, December 2022 and January and February 2023
  • China online retail sales as a proportion of total retail sales from January 2022 to February 2023

Other relevant research:

  • Coresight Research’s monthly reports keep you up to date on retail sales (in total and by sector) and key consumer indicators, focusing on the US, the UK and China.
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Reasons to Read

As consumer demand for convenience and speed in the last mile grows, we discuss the innovative delivery initiatives of leading US retailers Target and Walmart—covering drones, sortation centers and more.

We present key developments for each initiative and the impacts for the wider retail industry.

Companies mentioned in this report include: DroneUp, Salesforce, Shipt, Target, Walmart

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Reasons to Read

The 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 March 13, 2023.

Data in this report are our latest proprietary survey findings and four-week changes for:

  • Which retailers consumers have bought food and nonfood products from in the last two weeks
  • Avoidance of public places, by type of public place
  • Activities that consumers have done in the past 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

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Reasons to Read

Coresight Research is a research partner of Shoptalk 2023. On March 26, 2023, Deborah Weinswig, CEO and Founder of Coresight Research, will emcee and feature on the judging panel of the “Shark Reef” startup pitch competition, which will see 12 early-stage innovators compete to win the Judges’ Choice and Audience Choice awards.

In the lead-up to the event, we are profiling the participating innovators. In this report, we present Seer, a content creation, communication and sales platform for 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:

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Reasons to Read

On March 8, 2023, Microsoft held its annual Ability Summit, which attracted more than 20,000 attendees and featured discussions on the importance of inclusivity and how to use technology and policy to expand opportunities for persons with disabilities.

We present key insights from the event on these topics and more.

Companies mentioned in this report include: Google, Haleon, Microsoft, Shapeways and Tommy Hilfiger

Other relevant research:

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Reasons to Read

Coresight Research is a research partner of Shoptalk 2023. On March 26, 2023, Deborah Weinswig, CEO and Founder of Coresight Research, will emcee and feature on the judging panel of the “Shark Reef” startup pitch competition, which will see 12 early-stage innovators compete to win the Judges’ Choice and Audience Choice awards.

In the lead-up to the event, we are profiling the participating innovators. In this report, we present Drop, a social commerce platform that enables enterprise brands and retailers to engage with and sell products to their social media followers directly through Instagram Direct Message.

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:

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Reasons to Read

CVS Health and Walgreens Boots Alliance are the top retailers in the US drugstore sector, offering a wide variety of medicines and other products. As part of the Coresight Research Head-to-Head series, we provide analysis of the companies’ revenues, financial performances, customer purchase trends, store metrics, technological advancements and key strategies.

Data in this report include:

  • Revenue, broken down by segment, for CVS Health and Walgreens Boots Alliance for fiscal 2017–2022
  • Operating profits and margins for both companies for fiscal 2017–2022
  • Proprietary Coresight Research data on retailers drugstore or pharmacy visitors purchased from in early 2023
  • Store numbers for CVS and Walgreens for fiscal 2017–2022
  • Monthly US store traffic for both companies for December 2021–December 2022

Companies mentioned in this report include: CVS Health, Microsoft, Signify Health, Summit Health and Walgreens Boots Alliance

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Reasons to Read

The Coresight Research biweekly China Consumer Tracker takes a regular temperature check on Chinese consumers’ behaviors and sentiment, based on exclusive proprietary survey data.

In this report, we present findings from our survey conducted on March 6, 2023.

Data in this report are:

  • Consumers’ reasons and channels for discovering and purchasing luxury products
  • Avoidance of public places, by type of public place—latest data and four-week PPT changes
  • Activities that consumers have done in the past two weeks
  • 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
  • Appendix—a timeline of selected Covid-19 policy changes in China since December 2022

Other relevant research:

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Reasons to Read

Robotics and automation will increasingly play an important role in the retail sector as retailers look to invest in technologies to deal with margin pressures amid headwinds such as inflationary pressure and an uncertain macroeconomic environment.

We highlight key industry trends in retail robotics and present selected startups globally whose robotics technology solutions support brands and retailers in automating processes across selected categories.

Categories covered in this landscape are:

  • Order fulfillment and collaborative robots
  • Delivery
  • Manufacturing
  • Shelf monitoring

Companies mentioned in this report include: Avidbots, Exotec, Fabric, inVia Robotics, Nuro, Soft Robotics, SoftWear Automation, Starship Technologies, Takeoff

Our landscape infographic summarizes the companies outlined in this report.

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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” (CEO and Founder of Coresight Research), discusses the Coresight Research team’s activities at the upcoming Shoptalk conference in Las Vegas in late March.

We would love to connect with you; book a meeting with the team in Las Vegas.

Other relevant research:

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Reasons to Read

Coresight Research is a research partner of Shoptalk 2023. On March 26, 2023, Deborah Weinswig, CEO and Founder of Coresight Research, will emcee and feature on the judging panel of the “Shark Reef” startup pitch competition, which will see 12 early-stage innovators compete to win the Judges’ Choice and Audience Choice awards.

In the lead-up to the event, we are profiling the participating innovators. In this report, we present Hark, an AI-powered customer experience platform that enables seamless post-purchase interactions between customers and service teams through the use of video and audio prompts.

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:

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Reasons to Read

Amid still highly elevated food-price inflation in the US, we consider new Coresight Research data on how many grocery store products US consumers claim to know the prices of in advance of shopping.

We also look beyond the US to the battle between major grocery retailers and hard discounters in the UK.

This report is part of our Data Dive series, in which each report offers an essential briefing on topical, need-to-know data.

Data in this report include proprietary survey findings on the following:

  • How many items grocery shoppers know the usual price for before arriving at the store—plus breakdowns by household income and age
  • The grocery product categories that shoppers most know the usual prices for before arriving at the store

Companies mentioned in this report include: Aldi, Lidl, Sainsbury’s, Target, Tesco, Walmart, Whole Foods

Other relevant research:

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Reasons to Read

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

Data in this 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 report include: American Eagle Outfitters, BJ’s Wholesale Club, Guess?, Gap Inc. and Ulta Beauty.

Other relevant research:

Complementing our weekly report, 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.

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