Reasons to Read

Coresight Research’s July 25, 2022 survey provides a detailed update on US consumers’ behavior and expectations, with a focus on the implications for US retail.

This week’s US Consumer Tracker covers the following:

  • What consumers are doing and where they are going—including avoidance of public places
  • What shoppers are buying online and in-store
  • Which retailers consumers are buying from—for food and nonfood purchases
  • How consumers are changing their behaviors in response to inflation

Complementing our weekly survey reports, our monthly US Consumer Tracker Extra series offers additional insight, including long-term consumer trends and a detailed analysis of where current patterns will lead in the coming months. Click here to view our full collection of US Consumer Tracker and US Consumer Tracker Extra reports.

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Reasons to Read

In this Market Outlook, we discuss US grocery, presenting our market sizing estimates for 2022 and beyond. We explore notable market factors, e-commerce growth, the competitive landscape and retail innovators. 

Read our 2022 US online grocery survey and learn about online competition among Australia’s grocery retailers.

Click here for all Coresight Research coverage of grocery retailers.

Contents (Click to navigate)

Introduction

Market Performance and Outlook

Market Factors

US Online Grocery Market Performance and Outlook

Competitive Landscape

Themes We Are Watching

Retail Innovators

What We Think

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Our Three Things You Need To Know series provides free snapshots of Coresight Research data and findings.

This graphic presents selected insights from our Playbook on beauty in the metaverse, which explores key ways in which beauty brands and retailers can begin participating in the virtual world.

Subscribers can access the full research behind this graphic here. To find out how to subscribe, click here.

The Coresight Research Playbook series provides recommendations for brands, retailers and marketplaces seeking to tap growth segments and emerging trends.

Coresight Research has identified the expanding metaverse as a key trend to watch in retail and a component trend of Coresight Research’s RESET framework for change.

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Reasons to Read

The 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 June 2022, which increased 1.5% year over year.

We discuss changes in US consumer spending, year over year across the following sectors:

  • Footwear
  • Clothing, comprising the subcategories of children’s, women’s and men’s clothing
  • Selected beauty categories

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. Click here to view our full collection of monthly reports.

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Reasons to Read

In each report in the Weinswig’s Weekly series, Coresight Research CEO and Founder Deborah Weinswig reflects on a topical theme in retail. This week’s note “From the Desk of Deborah Weinswig” introduces Coresight Research’s new 3×3 Framework, presenting nine new retail opportunities.

Each report also includes recent retail and technology headlines from Asia, Europe and the US.

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Reasons to Read

Oracle Retail held its annual Cross Talk event in Dallas, Texas, on June 15‒17, 2022, hosting company executives, retailers and industry analysts. The company unveiled powerful new retail technology, with a focus on common data and extensibility. We present insights on the Platform for Modern Retail from the event.

Click here to read more Coresight Research coverage of retail technology.

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Reasons to Read

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

  • A week-by-week comparison of store openings and closures in the US and UK in year-to-date 2022
  • What is happening in retail in the US and UK this week
  • 2021 and year-to-date 2022 major US and UK store openings, store closures and bankruptcies

This week, there are highlights from Amazon, Burberry, Carhartt and Conn’s HomePlus, among others, in the US and Company Shop, Co-op, Saltrock and Skechers, among others, in the UK.

Click here to view our full collection of Weekly US and UK Store Openings and Closures Tracker reports.

Complementing our weekly report, the Coresight Research US Store Tracker Databank offers our premium subscribers access to openings and closures data from 2012 to 2022 year to date, filterable by sector and year.

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Reasons to Read

Our Economic Update discusses macroeconomic indicators from the US. In this report, we look at newly released economic data for the second quarter of 2022, covering GDP and personal consumption expenditure. We analyze correlations between US retail sales and macroeconomic indicators.

Read about economic data from the first quarter of 2022 for the US and China in our Quarterly Economic Update report.

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Reasons to Read

We examine the latest data and assess the overall trends in the US, the UK and China across the following key consumer indicators:

  • Earnings versus inflation
  • Food and fuel prices
  • Retail sales

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. Click here to view our full collection of monthly reports.

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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Our Three Things You Need To Know series provides free snapshots of Coresight Research data and findings. Subscribers can access the full research behind this graphic here. To find out how to subscribe, click here.

Kohl’s and Macy’s are the leading department store retailers in the US, making up 52% of the department store sector. In our Head-to-Head report, we examine their revenues, store portfolios, digital sales, product diversification, shopper profiles, consumer purchasing patterns, inflation impacts and recent innovations in physical and digital retail, providing insights into their next stages of growth.

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Reasons to Read

In our Supply Chain Briefing series, we examine key challenges and developments on retail’s supply side and their implications for the retail environment.

In this report, we explore stabilization of international freight rates, continued challenges within the domestic US distribution chain and the broader impact of the G7 nations’ forthcoming ban on Russian gold.

Click here to read the previous report in the series, in which we cover how the global retail supply chain responded to the lockdowns in Shanghai, Shenzhen and other cities in China, as well as the threat of cyberattacks in supply chains.

Click here to read more Coresight Research coverage of the retail supply chain.

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Reasons to Read

The Coresight Research Retail Innovators series examines how key players and startups are disrupting different retail sectors. In this report, we focus on five companies—Impact Analytics, Persado, Prevedere, SoftWear Automation and Standard AI—that are disrupting the retail market with AI/ML (artificial intelligence/machine learning) technology innovations.

We provide company profiles and consider the following key topics for each innovator:

  • How the company has disrupted the market
  • Tailwinds and headwinds
  • Impact on traditional players

Click here to read the previous report in our Retail Innovators series, which looks at five technology companies that are disrupting the CPG market with their sustainability and product efficacy innovations.

Contents (Click to navigate)

Introduction

What’s the Story?

Why It Matters

Retail Innovators—Tech: Coresight Research Analysis

  1. Impact Analytics
  2. Persado
  3. Prevedere
  4. SoftWear Automation
  5. Standard AI

What We Think

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Reasons to Read

The Coresight Research Think Tank series delves into the trends and segments that we have identified as presenting growth opportunities in retail in 2022 and beyond.

Omnichannel fulfillment services, such as buy online, pick up in store, curbside pickup and smart lockers are now areas where retailers are making improvements to provide seamless shopping experiences. We analyze the following:

  • Proprietary survey data indicating consumer preferences for collection vs. delivery
  • Demographics on who uses collection vs. delivery, by age
  • Types of products consumers have collected as well as retailers from which they collect
  • Market drivers
  • Themes we are watching, including examples of how retailers are digitally enhancing services

Click here to read all of our Think Tanks.

Contents (Click to navigate)

Introduction

What’s the Story?

Why It Matters

BOPIS, Curbside Pickup and Smart Lockers in the US: A Think Tank

Consumer Preferences for Collection Services: Our Survey Data

Competitive Landscape

Market Drivers

Themes We Are Watching

What We Think

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Reasons to Read

In this free infographic, we present select findings from our Think Tank on how online collection services are reshaping omnichannel retail in the US, covering BOPIS (buy online, pickup in-store), curbside pickup and smart lockers.

Subscribers can access the full report by clicking the link below:

The Coresight Research Think Tank series delves into the trends and segments that we have identified as presenting growth opportunities in retail in 2022 and beyond. 

Click here to read all of our Think Tanks. 

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Reasons to Read

The Coresight Research team attended Capri Holding Limited’s online Investor Day on July 20, 2022. We present insights from the events, covering the group’s financial targets and its strategy for the group as a whole, as well as the goals for its individual brands, including the following key topics:

  • The strategic pillars which the group says will lead it to hit $8.0 billion in annual revenue in the long term
  • Where the company plans to spend to follow through on its growth plans
  • The future of the group’s three brands, Jimmy Choo, Michael Kors and Versace
  • Upcoming store expansions and renovations to its worldwide fleet of retail locations

Read more of Coresight Research’s coverage of Capri Holding Limited here.

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