Reasons to Read

The Coresight Research team visited the Prudential Center, a mall owned by Boston Properties, and Copley Place, a mall owned by Simon Property Group, which are connected via a sky bridge, in Boston, Massachusetts. We examine what these two centers are doing to successfully integrate office, residential and retail elements under a single roof.

Data in this report are:

  • Occupancy rates at Prudential Center and Copley Place
  • Average occupancy rates for Boston Properties, Brookfield Properties, Macerich and Simon Property Group (estimated)

Companies mentioned in this report include: Aéropostale, Boston Properties, Brooks Brothers, Eddie Bauer and Simon Property Group

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Reasons to Read

The monthly Coresight Research Leading Indicators of US Retail Sales series tracks a number of major macroeconomic indicators and their likely effect on US retail sales. We analyze the latest available data as of February 17, 2023.

Data in this report include:

  • Proprietary Coresight Research projections for retail sales growth by month for the next 12 months
  • US actual retail sales versus model predicted sales
  • US unemployment rate and labor force participation rate
  • US average hourly wages for all private-sector employees
  • US annualized real disposable income per capita 

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Reasons to Read

Bed Bath & Beyond recently announced a huge number of store closures in the US as part of its strategy to avoid bankruptcy. We map those closures to determine which states and metropolitan (metro) areas will be most affected.

We also look at which companies could stand to benefit from the recent news, based on the proximity of competitor retailers’ stores to closing Bed Bath & Beyond stores.

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

Data in this report are:

  • Bed Bath & Beyond US store closures, mapped by selected states and metro areas
  • Current store locations of Bed Bath & Beyond and selected competitors in selected states and metro areas
  • Appendix—breakdown of Bed Bath & Beyond’s store portfolio and announced store closures by selected states

Companies mentioned in this report are: Bed Bath & Beyond, The Container Store, Kohl’s, Macy’s, Target, Walmart

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Reasons to Read

Each Market Outlook offers our analysts’ definitive view of their sector. This research report includes proprietary forecasts, analysis of company metrics, exclusive consumer survey data and our analysts’ consideration of factors and themes in the market.

In this Market Outlook, we explore the size and trajectory of the US food-away-from-home (FAFH, also known as foodservice) market and key factors impacting growth. We also cover the performance and outlook for online food delivery in the US, as well as the overall market’s competitive landscape, innovators and themes we are watching in 2023 and beyond.

Data in this report include/are:

  • US FAFH total sales and sales growth, 2018–2027E
  • US online meal-delivery sales, 2018–2027E
  • FAFH and total inflation, September 2021–January 2023
  • Global and US revenues of major publicly traded restaurant chains in the US, FY17–FY22
  • Store numbers of the top five restaurant chains (by store portfolio) in the US
  • Foot traffic trends at US restaurants and fast food/quick-service restaurants, 2022

Companies mentioned in this report include: Bloomin’ Brands, Chipotle, Domino’s Pizza, Dunkin’, McDonald’s, Restaurant Brands International, Shake Shack, Starbucks, Subway, Taco Bell, Wendy’s, Yum! Brands

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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 February 6, 2023, with the survey period covering the Chinese New Year public holiday. In addition to our regular questions, our latest survey also asked respondents about their international travel plans over the next 12 months, as China relaxed its restrictions on overseas tourism in early February 2023.

Data in this report are:

  • What products consumers have bought in-store and online in the last two weeks
  • Avoidance of public places, by type of public place—latest data and two-week PPT changes
  • Activities that consumers have done in the past two weeks
  • Expectations for economic conditions and personal finances in the next 12 months
  • Consumers’ travel preferences and plans—whether consumers are worried about contracting Covid-19, how Covid-19 has impacted travel preferences, and international travel plans in 2023

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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 February 13, 2023.

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

  • Consumers’ Presidents’ Day spending plans
  • 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

The Coresight Research Quarterly Economic Update discusses macroeconomic indicators—GDP, consumer spending and inflation—from the US, the UK, the EU (European Union) and China.

In this report, we look at the fourth quarter of 2022 (4Q22), using the latest data available as of February 15, 2023.

Data in this report include:

  • GDP—quarter-over-quarter changes in the US, the UK, France, Germany, the EU and China
  • Consumer spending—quarter-over-quarter changes in US seasonally adjusted personal consumption expenditure, UK real household final consumption expenditure and real final consumption expenditure in France and Germany
  • Inflation—three-month averages for US CPI annual rates, UK CPIH annual rates and annual inflation rates in the EU, France, Germany and China

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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, the first of the new series, we discuss the US last-mile delivery landscape and opportunity, and identify the next generation of retail innovators in the space. By improving their last-mile delivery capabilities, retailers can offer their customers a superior end-to-end shopping journey that can drive customer loyalty and revenue. 

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:

  • Robotics and autonomous vehicles
  • Delivery management platforms
  • Warehousing, micro-fulfillment centers (MFCs) and courier delivery

Companies mentioned in this report are: Bringg, Darkstore, Dropoff, FarEye, Locus Robotics, Nuro, Onfleet, Point Pickup, Starship Technologies, Veho

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Reasons to Read

Using data from the Office for National Statistics, we analyze UK retail sales in January 2023, in total and by sector.

Data in this report are:

  • Year-over-year changes in UK total retail sales (excluding automotive fuel) for the past 13 months
  • Year-over-year changes in retail sales by sector, January 2023, December 2022 and November 2022.
  • Year-over-year changes in online retail sales 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.

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Reasons to Read

Each year, the IRS (Internal Revenue Service) reports tax return filings and refunds on a weekly basis. This year, the filing deadline is on April 18. In our first US Tax Tracker report of the season, we look at what has happened in the 2023 tax filing season so far, as of February 3, 2023.

Data in this report include:

  • Number of returns filed and processed, and total and average refunds returned, as of February 3, 2023
  • Total annual refunds disbursed, 2015–2023YTD

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The e-commerce sector in India is expanding due to growing digital adoption among lower-tier consumers and government-backed initiatives to make e-commerce more inclusive and accessible.

In this Market Outlook, we discuss the size and trajectory of India’s online retail market, market factors, the competitive landscape, innovators and key themes we are watching in 2023 and beyond.

Data in this report include:

  • E-commerce market size in India and year-over-year change for 2019 through 2027 (estimated)
  • E-commerce penetration in India for 2019 through 2027 (estimated)
  • Segmentation of e-commerce retail sales in India for 2020
  • E-commerce market size by city tier in India for 2021 and 2022
  • Performance of the top e-commerce players in India by revenue and gross merchandise value for fiscal 2020 through fiscal 2022

Companies mentioned in this report include: Amazon, Flipkart, Reliance Industries, Tata Group and Walmart

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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 fourth-quarter 2022 earnings.

This week, there are highlights from companies that reported in the week ended February 19, 2023, across two sectors: apparel and footwear and consumer packaged goods.

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 are: Crocs and Herbalife Nutrition

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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) looks at bright spots in the global economic outlook, with highlights from the US, China and the UK.

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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: Aldi, Amazon, Ashley HomeStore, Conn’s HomePlus, CVS Health, H Mart, Iceland, Lidl, New Balance, Sur La Table, Tapesrty and Under Armour.

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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Reasons to Read

Using data from the US Census Bureau, we analyze US retail sales in January 2023, in total and by sector.

Data in this report are:

  • Year-over-year changes in US total retail sales (excluding gasoline and automobiles), January 2022–January 2023
  • Year-over-year changes in retail sales by sector, December 2022 and January 2023

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.
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