Insight ReportJanuary 2023 US Retail Sales: Most Sectors See Positive Year-over-Year Sales Growth Daniel Rodden, Analyst Sector Lead: Swarooprani Muralidhar, Director of Research February 16, 2023 Reasons to ReadUsing 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. 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:JCPenney Merges with SPARC Group to Form Catalyst Brands—What It Means for US RetailNRF 2025: Retail’s Big Show: Day Two—Diving into Loyalty and Sustainability with Sephora, Target, Walmart and OthersUS CPG Sales Tracker: Homecare and Health Dominate at the Start of 2025US Store Tracker Extra, March 2025: US Total Closed Retail Space Exceeds 100 Million Square Feet
Deep DiveCGI and 3D Product Imagery: The Future of Visual Merchandising in E-Commerce Terence Ng, Senior Analyst Sector Lead: Steven Winnick, Vice President—Innovator Services February 16, 2023 Reasons to ReadComputer-generated imagery (CGI), also known as 3D rendering, can provide a competitive advantage for retail companies in producing and managing product visuals for e-commerce. We analyze proprietary survey findings to identify the challenges that brands and retailers face when producing and managing product visuals. We examine AI (artificial intelligence) and CGI as potential solutions for next-generation imagery to help retail companies navigate in a competitive marketplace and realize benefits such as reduced returns and increased speed to market. This free report is sponsored by Nfinite, a visual e-merchandising software-as-a-service (SaaS) platform. Data in this report, based on proprietary survey findings, include: Retail companies’ current and intended use of product visuals for e-commerce Challenges that companies face when managing and producing product visuals Companies’ investment in CGI to produce product visuals, by region and by retail vertical Benefits of investing in CGI Companies’ current investment and plans to invest in AI to automate product visual content on online channels Non-subscribers can access the report by completing the form on this page. The report will arrive in your inbox upon completion of the form. Other relevant research: See Coresight Research and Nfinite’s free infographic on this topic! Previous Coresight Research x Nfinite research, Innovator Intelligence: CGI Provides Benefits for Retail That Traditional Photography Cannot Match More Innovator Research from Coresight Research. In our webinar on March 22, 2023, Coresight Research and Nfinite explored the major challenges that e-commerce merchandisers are facing and how new technologies such as artificial intelligence (AI) and machine learning (ML) can help solve them. Watch the on-demand replay of this event here! 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 StoresNRF 2025: Retail’s Big Show: Day Two—Diving into Loyalty and Sustainability with Sephora, Target, Walmart and OthersNextGen 2025: Retail, Real Estate & the New Consumer—AgendaPlaybook: GenAI to Agentic AI—From Pilot to Powerhouse
Event CoverageFashinnovation’s Worldwide Talks 8: Entrepreneurship, Sustainability and Technology To Drive Fashion in 2023 Marie Driscoll, CFA, Managing Director of Beauty and Luxury February 16, 2023 Reasons to ReadA member of the Coresight Research team attended and spoke at Fashinnovation’s Worldwide Talks 8, a day-long, invitation-only event held in New York City on February 7. We present key themes and ideas presented during the event. Companies mentioned in this report are: Birimian Ventures, Fashinnovation, The ID Factory, Lectra, Perfect Corp, WAYE and WGSN Other relevant research: More Coresight Research coverage of the apparel and footwear sector Our reports on emerging technology in retail Further insights into sustainability in 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:Innovator Profile: Sotira—Managing Reverse Logistics and Offloading Surplus Inventory with AIUS Retail—Real Estate Insights: Embracing Small Store Formats, Immersive Experiences and Emerging TechnologiesSNAP Policy Changes and Funding Cuts: Impact on RetailersEconomic Confidence Climbs; Financial Optimism Turns Positive: Weekly US Consumer Sentiment, Week 23, 2025—Infographic
Insight ReportRevisiting Dubai Retail: New Developments Paint a Promising Scene in Dubai and the Persian Gulf Region Charlotte Rothschild, Analyst Sector Lead: John Harmon, CFA, Associate Director of Technology Research February 16, 2023 Reasons to ReadFollowing a recent visit to the Emirate of Dubai by a member of the Coresight Research team, we assess changing conditions which will likely positively contribute to retail growth in the region in the coming years. Data in this report are: Estimated retail sales for the Gulf Cooperation Council (GCC) for 2022 and 2026 CAGR of tourist arrivals in GCC member states for 2021 through 2026 (estimated) Estimated duty-free sales at select GCC airports for 2022 Total airport flight capacity at Dubai International Airport for January and February 2023 Attendance data from the Dubai Expo 2022 Other relevant research: Market Outlook: Emerging Markets—Localization To Boost Luxury Retailing Travel Retail and Beauty: Conversion Rates of Dreams 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:Kering and L’Oréal Announce €4 Billion Strategic Partnership—Multibrand Luxury and Beauty Firms Playing To Their StrengthsRetail 2025: US Retail Predictions—Midyear Trends UpdateRetail 2025 Sector Outlooks: EbookUS Store Tracker Extra, April 2025: JD Sports and 7-Eleven Drive Total Opened Retail Space to Over 67 Million Square Feet
Free Data GraphicCoresight Bites: How US Consumers Spent in 2022—Pandemic-Fueled Imbalance Is Yet To Be Corrected Coresight Research February 15, 2023 Coresight Bites provide free snapshots of Coresight Research data and findings. This graphic presents selected insights from our Data Dive on US consumer spending in 2022. Subscribers can access the full research here. To find out how to subscribe, click here. The Covid-19 pandemic interrupted the multiyear shift in consumer spending away from discretionary retail categories and toward discretionary services. Exceptional three-year growth in spending on durable goods in 2022, versus low-single-digit growth in spending on services, implies potential for a future meaningful rebalancing of consumer discretionary spending toward services. Click the image below to read the full Data Dive report, which analyzes recent data on US consumer spending in 2022, with a focus on discretionary goods versus discretionary services. This document was generated for Other research you may be interested in:Weekly UK Store Openings and Closures Tracker 2025, Week 26: River Island To Close 30+ StoresResearch Preview: Agentic Commerce—Retail Moves to Product Visibility and Checkout on ChatGPTUS Grocery Retailing—Real Estate Insights: Value and Specialty Grocers Drive Polarized ExpansionRetail 2025 Sector Outlooks: Ebook
Deep DiveRetail Challenges Drive Edge Technology Investment John Harmon, CFA, Managing Director of Technology Research February 15, 2023 Reasons to ReadRetailers must find ways to grow revenues, manage costs and improve efficiency despite facing brisk headwinds in 2023. We leverage proprietary survey findings to explore the perceived impacts of various business components on US retailers’ revenues and assess retailers’ current and planned investment levels in in-store technology. This free report is sponsored by VMware, an industry leader in multi-cloud services and infrastructure. Proprietary data in this report include: US retailer spending on information technology in 2021 US retailers’ plans for technology investments over the next three years, compared to now Retail technologies that retailers are currently using or planning to use The potential revenue impact of five major business components, including operational efficiency and customer engagement Other relevant research: Coresight Research coverage of retail technology More Innovator Research from Coresight Research. Non-subscribers can access the report by completing the form on this page. The report will arrive in your inbox upon completion of the form. 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:Economic Optimism at Five-Month Low; Holiday Shopping Slows: US Consumer Survey InsightsWeekly US Store Openings and Closures Tracker 2025, Week 23: Rite Aid To Close Almost 500 StoresChina Singles’ Day 2025 Insights: Participation Rises but Spending Becomes More Selective Amid Tariffs, Value-Seeking and Platform ShiftsTariff Anxiety Hits the Supermarket: US Consumers Turn Cautious When Shopping for Groceries
Deep DiveMarket Outlook: UK Apparel and Footwear Retailing—Market Softens, Industry Players Seek To Improve Margins Sunny Zheng, Analyst February 14, 2023 Reasons to ReadWe discuss the growth trajectory of the apparel and footwear market in the UK amid the country’s sluggish economic conditions and inflationary pressures. We also explore how industry players are adjusting cost structures, changing supply chain strategies and looking for M&A (mergers and acquisitions) to stay competitive. Data in this report include: Apparel and footwear spending in the UK for 2018 through 2027 (estimated) Year-over-year change of apparel and footwear consumer spending in the UK for 2018 through 2027 (estimated) UK apparel sales by category for 2017 through 2026 (estimated) Year-over-year change of the Apparel and Footwear consumer price index in the UK for 2022 E-commerce share of total fashion sales in the UK for 2017 through 2027 (estimated) Companies mentioned in this report include: ASOS, Boohoo, Frasers Group, JD Sports Fashion and Marks & Spencer Other relevant research: Head-to-Head in UK Apparel Retailing: Marks & Spencer vs. Next Market Outlook: Apparel Specialty Retail in the US, the UK and China Market Outlook: UK Department Stores—Slimmed Down and Shaping Up Complete Coresight Research coverage of the apparel and footwear sector 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:The Great Retail Reset: When Cost, Culture, and AI CollideConsumer Sentiment Declines as Tariffs Loom: Weekly US Consumer Sentiment, Week 28, 2025—InfographicAnalyst Corner: Singles’ Day 2025 Trends See AI Move Center Stage, with John MercerUS CPG Sales Tracker: Beauty and Food Drive E-Commerce Growth; Discretionary Categories Rebound
Insight ReportGlobal Economic Outlook Looking More Positive: What’s New John Mercer, Head of Global Research and Managing Director of Data-Driven Research February 14, 2023 Reasons to ReadIn recent weeks, conversations, forecasts and data around global economic growth have generally turned more positive. We discuss recent economic metrics, projections and discussions, with a focus on the US, China and the UK. Data in this report are: Projections for economic growth in 2023 for the US, China and the UK Other relevant research: Data Dive: How US Consumers Spent in 2022—and Why Services Are Yet To Fully Bounce Back The Coresight Research 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. 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 Consumers’ Perceptions of Tariffs: Data GraphicThree Data Points We’re Watching This Week, Week 30: US Retail and the Consumer—Latest MetricsThree Data Points We’re Watching This Week, Week 23: US Retail Sectors in FocusUS Online Grocery Survey 2025: Full-Basket Orders Increase as Delivery Retains Its Dominance
Deep DiveUS Consumer Tracker: Inflation Awareness Reaches Record High Owen Riley, Analyst February 14, 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 February 6, 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 Other relevant research: Read the full series of US Consumer Tracker reports 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—US Convenience Store Retailing: Battling Headwinds and Seeking New Opportunities, with Sujeet NaikWeekly US Store Openings and Closures Tracker 2025, Week 28: Store Closures Climb by Two-Thirds vs. Last YearRetail Crime and Shrink: US Shoppers Concerned About Theft Pushing Up Prices; Shoplifting Surges to Record Levels in EnglandUS Store Tracker Extra, January 2025: 50+ Million Square Feet of Retail Space Slated To Close This Year
Insight ReportEarnings Insights 4Q22, Week 3: CVS and L’Oréal Report Strong Sales Momentum; Capri, Coty and VF Corp See Declines Aditya Kaushik, Analyst February 14, 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 fourth-quarter 2022 earnings. This week, there are highlights from companies that reported in the week ended February 12, 2023, across four sectors: apparel and footwear, beauty, drugstores and luxury. 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: Capri Holdings, Coty, CVS Health, L’Oréal and Ralph Lauren Other relevant research: Earnings Insights 4Q22, Week 2: Colgate-Palmolive, Deckers and Skechers Post Strong Results; Amazon’s Online Sales Slow Earnings Insights 4Q22, Week 1: Albertsons and Tractor Supply See Strong Momentum; Procter & Gamble and Levi Post Sales Declines 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:Analyst Corner: Singles’ Day 2025 Trends See AI Move Center Stage, with John MercerIntroducing the New Tech 25 for ’25: Retail-Tech Companies To Watch—InfographicAnalyst Corner: Five Back-to-School Shopping Trends to Watch, with Madhav PitaliyaFive Ways AI Is Being Used in Grocery and Mass Retailing—and What’s Next
Free Data GraphicThree Things You Need To Know: Inclusivity in Retail—Opportunities for 2023 Coresight Research February 13, 2023 Our Three Things You Need To Know series provides free snapshots of Coresight Research data and findings. This graphic presents selected opportunities for brands and retailers to expand their inclusive offerings. Subscribers can access the full research behind this graphic here. To find out how to subscribe, click here. Click the image below to read the full report, which discusses major inclusivity themes, developments in 2022 and our view of the retail impact for 2023. This document was generated for Other research you may be interested in:Weekly US Store Openings and Closures Tracker 2025, Week 35: Netflix Heads to the Mall as Claire’s Shutters Nearly 300 StoresInnovator Profile: Sotira—Monetizing Surplus Inventory with Automated Compliance, Logistics and Resale ChannelsUS Tariffs: Who Wins, Who Loses and What It Means for the EconomyUS Store Tracker Extra, February 2025: Bankruptcies Push Total Closed Retail Space Toward 85 Million Square Feet
Insight ReportChinese New Year 2023 Review: Early Signs of Consumption Recovery Appear Charlotte Rothschild, Analyst Sector Lead: John Harmon, CFA, Associate Director of Technology Research February 13, 2023 Reasons to ReadIn this report, we review retail performance during the 2023 Chinese New Year holiday, also known as Lunar New Year, which lasted from January 22 to January 29. Data in this report include: Chinese New Year domestic tourism revenue for 2018 through 2023 Total retail sales in China during Chinese New Year, 2011 through 2023 Total number of tourist trips taken during Chinese New Year 2023 Average daily sales during Chinese New Year 2023 in the province of Hainan Categories and sectors which saw the highest year-over-year sales increases during this year’s Lunar New Year holiday, per Alibaba and JD.com Companies mentioned in this report are: Alibaba, JD.com, Taobao and Tmall International Other relevant research: Chinese New Year 2023 Preview: Travel Boost Expected as Government Lifts Zero-Covid Policy Chinese New Year 2022 Review: Increased Travel and Winter Olympics Boost Retail Sales—But Underlying Weak Trajectory Likely Unchanged Retail 2023: 10 Trends in China E-Commerce Key Festivals and Holidays for Promotional Campaigns in China in 2023: Calendar 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:Financial Sentiment Hits a Year-to-Date High: Weekly US Consumer Sentiment, Week 33, 2025—InfographicTariff Anxiety Hits the Supermarket: US Consumers Turn Cautious When Shopping for GroceriesHead-to-Head in US Warehouse Club Retailing: Costco vs. Sam’s ClubHoliday 2025 Survey Insights: Shopping Ramps Up Ahead of Black Friday
Analyst CornerWeinswig’s Weekly: Roblox and Fortnite Set the Stage for the Developing Metaverse John Mercer, Head of Global Research and Managing Director of Data-Driven Research February 12, 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) discusses how fashion brands and retailers can launch in the metaverse of today through established pre-Web 3.0 platforms Roblox and Fortnite. Companies mentioned in this report include: Adidas, Alo Yoga, Beyond Creative, Forever 21, Fortnite, Givenchy, Ralph Lauren, Roblox, Timberland Other relevant research: Metaverse Pioneers: Learnings for Fashion Brands from the Web 3.0 Strategies of Adidas and NIKE Metaverse Fashion: Inclusivity and Realism in Avatar Wearables, plus Survey Findings from Roblox Metaverse Fashion Set To Boom, As Consumers Are Keen To Show Their Digital Styles and Identities All Coresight Research coverage of the metaverse Read last week’s Weinswig’s Weekly, which discusses Temu, the Chinese cross-border e-commerce platform that is gaining popularity among US consumers for its low prices and free shipping. 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:Financial Sentiment Hits a Year-to-Date High: Weekly US Consumer Sentiment, Week 33, 2025—InfographicCanada Store Openings and Closures Tracker 2025: Store Openings Edge Past Closures as Costco, Sephora and Uniqlo ExpandJCPenney Merges with SPARC Group to Form Catalyst Brands—What It Means for US RetailWeekly UK Store Openings and Closures Tracker 2025, Week 39: Amazon and Bodycare To Close All Stores
Insight ReportShein in Fast Fashion—Update: Establishing Dominance Through New Strategies and Business Expansion Plans Anand Kumar, Associate Director of Retail Research February 10, 2023 Reasons to ReadShein gained ground as a leading player in the fast-fashion market in 2022, and we believe that the company is well positioned to expand in 2023. We present a company overview and explore Shein’s strategies and business expansion plans, covering incubating new brands, testing an e-commerce marketplace model, opening new distribution centers and extensively growing the Shein X incubator program. We also discuss Shein’s new funding and US IPO plans, ESG (sustainability) initiatives, physical store launches and other recent developments. Data in this report include: Proprietary US consumer survey data—retailers from which US apparel shoppers have purchasing clothing or apparel accessories in the past three months Express order delivery times—ASOS, Boohoo and Shein Companies mentioned in this report include: ASOS, Boohoo, Inditex (Zara), SHEGLAM, Shein Other relevant research: This report is an update to our previous Shein in US Fast Fashion report Global Fast Fashion: Market Poised for Strong Growth, but Sustainability Challenges Remain All Coresight Research coverage of the specialty apparel sector 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:New Technologies to Drive Retailer-Supplier Collaboration: Insights Presented at NACDS Annual Meeting 2025Market Outlook: US Foodservice—Growth To Improve Amid Value-Focused InitiativesWeekly UK Store Openings and Closures Tracker 2025, Week 45: Fired Earth To Close Stores Due to AdministrationHigh-Income Consumers Turn Optimistic About Economy; Plus, Inflation Awareness Declines: US Consumer Survey Insights
Deep DiveJanuary 2023 US Housing Market Indicators: Total Home Sales Fall Sharply Royce Baretto, Analyst Sector Lead: Anand Kumar, Associate Director of Retail Research February 10, 2023 Reasons to ReadThe 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 data from December 2022 (the latest data available as of the end of January 2023). Data in this report include: US housing permits, starts and completions, December 2021–December 2022 US existing home sales, December 2021–December 2022 US Pending Home Sales Index, overall and by region, December 2021–December 2022 US new home sales and year-over-year change, December 2021–December 2022 US Housing Affordability Index, November 2021–November 2022 Other relevant research: The previous US Housing Market Indicators report Market Outlook: US Home-Improvement Retailing—Personalization and the Resurrection of In-Store Retail How the US Home and Home-Improvement Market Can Target Millennials Read our complete coverage of the home and home-improvement sector. View our full collection of monthly reportsthat 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. 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 20: Cross-Border Players Don’t Prevent Amazon Reaching New Highs in ApparelWeekly US Store Openings and Closures Tracker 2025, Week 15: Guess? To Close Nearly 20 StoresSentiment Holds Steady As August Tariffs Deadline Looms: China Consumer Survey InsightsInconsistent Trends Appear to Reflect Uncertainty: Weekly US Consumer Sentiment, Week 31, 2025—Infographic
