Coresight Bites provide free snapshots of Coresight Research data and findings. Subscribers can access the full research here. To find out how to subscribe, click here.

  • 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.
  • Adjusting for inflation, the year-over-year volume decline in UK retail sales deepened in June to (5.9)%, according to the Office for National Statistics (ONS). Excepting the pandemic-hit months of April and May 2020, this set a record for volume declines, based on the ONS’s current data set, which extends back to January 1989.
  • In June, total UK retail sales value growth continued to slow, even as overall consumer price inflation accelerated. The total sector eked out a very modest 1.7% year-over-year value increase during the month.

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Reasons to Read

Coresight Research’s monthly Leading Indicators of US Retail Sales series tracks several major macroeconomic indicators and their likely effect on US retail sales. We analyze the latest available data as of July 20, 2022.

This report includes discussion of the following 10 indicators:

  1. Unemployment rate
  2. Labor force participation rate
  3. Disposable income
  4. Average hourly wages
  5. Consumer sentiment
  6. Saving rate
  7. Gas prices
  8. Interest rate
  9. Housing starts
  10. Home price index

Click here to read the previous report in this series.

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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Reasons to Read

Coresight Research’s July 18, 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

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

Kohl’s and Macy’s are the two leading US department stores. In our Head-to-Head series, we compare their revenues, store portfolios, digital sales, product diversification, shopper profiles, consumer purchasing patterns, inflation impacts and innovations.

Read our department store insights for updates on the sector’s 1Q22 performance. Learn how global luxury department stores are evolving.

Read our most recent Head-to-Head report on the global beauty market comparing Estée Lauder vs. L’Oréal.

Contents (Click to navigate)

Introduction

What’s the Story?

Why It Matters

Kohl’s vs. Macy’s: Coresight Research Analysis

Revenue Growth

Store Portfolios

Digital Sales Moderated in FY 2021: Macy’s Digital Sales Outpace Kohl’s

Product Diversification: Consumer Category Preferences Continue to Shift

Shopper Profiles

Consumer Purchasing Patterns

Inflation Impacts as of the First Quarter of Fiscal Year 2022

Innovations at Kohl’s and Macy’s

What We Think

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Reasons to Read

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. In this Playbook, we outline four key ways in which beauty brands and retailers can begin participating in the metaverse. We also discuss notable recent examples of these strategies from companies including Estée Lauder, L’Oréal and LVMH.

Contents (Click to navigate)

Introduction

What’s the Story?

Why It Matters

Beauty in the Metaverse: A Playbook

  1. Build Advertising Campaigns in Virtual Worlds
  2. Craft Immersive Experiences for Consumers
  3. Create Virtual Idols
  4. Release NFT Collections and Digital Twins

What We Think

Appendix: About Coresight Research’s RESET Framework

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Reasons to Read

In June 2022, UK retail sales growth grew 1.7% year over year while volume declines were the deepest in decades at 5.9%. Online retail sales decreased by 9.7% year over year.

We review monthly data for UK retail in total and by sector, covering the following:

  • The trend in total value and volume retail sales growth over the last 13 months
  • Value sales growth for 20 sectors across food and nonfood retail, for each of the latest three months
  • Growth in online retail sales, by major sector
  • A Covid-19 lockdown timeline

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” discusses Amazon’s consolidation of grocery around Amazon Fresh.

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

This report is available for free and can be accessed by registering for a free account.

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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, Foodtown and Louis Vuitton in the US and HMV, JD Sports and Mango, among others, in the UK. We also discuss quarterly store opening and closure settlements following the release of quarterly company filings from Harbor Freight Tools, Leslie’s and Publix Super Markets.

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 survey-based analysis explores the current state of the livestreaming markets in China and the US, covering the use of livestream shopping, popular platforms, categories and formats, consumer spending behaviors and more. 

We present selected key findings in this free infographic and can be accessed by registering for a free account.

Subscribers can access the full reports by clicking the links below:

Coresight Research has identified livestreaming e-commerce as one of the key trends to watch in retail. Click here to read more Coresight Research coverage of livestreaming e-commerce.

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Reasons to Read

We present insights into the current state of the livestreaming market in China, based on findings from a proprietary consumer survey.

Our analysis covers the following key topics:

  • Use of livestream shopping—including a comparison of China versus the US
  • Livestream shopping habits—popular platforms, categories and formats
  • Purchasing process—consumer spending behaviors, reasons for buying and cart abandonment
  • The power of influencers/celebrities

Coresight Research has identified livestreaming e-commerce as one of the key trends to watch in retail. Click here to read more Coresight Research coverage of livestreaming e-commerce.

Click here to read our free infographic featuring select survey findings.

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Coresight Bites provide free snapshots of Coresight Research data and findings. Subscribers can access the full research here . To find out how to subscribe, click here.

  • Product returns have always been a part of retail, but recent e-commerce growth has magnified their importance. Retailers should offer multiple channels for customers to return items, to accommodate the differing preferences of consumers—particularly when it comes to online purchases.
  • A Coresight Research survey conducted in April 2022 found that among online shoppers who had returned an online purchase in the past 12 months, mail and drop-off locations were the most preferred channels.

Click the image below to read our Playbook: Mastering Online Returns Logistics, which presents four strategies that retailers can implement to improve the online returns logistics process. Our Playbook series provides recommendations for brands, retailers and marketplaces seeking to tap growth segments and emerging trends.

Reasons to Read

This Retail-Tech Landscape comprises selected startups globally offering innovative solutions for mass customization.

We cover visualization and scanning, 3D printing, product configuration and more.

To view more of our Retail-Tech Landscapes spotlighting innovators that are disrupting the retail industry, click here.

Contents (Click to navigate)

Retail-Tech Landscape: Mass Customization

Mass Customization Trends in Retail

Retail-Tech Landscape: Mass Customization—Infographic

Retail-Tech Landscape: Mass Customization, by Category

Visualization and Scanning

3D Printing

Customization Technologies, Software and Platforms

Direct-to-Garment (DTG) and Customized Garment Printing

Product Configuration

Shop/Business Management Software and Technologies

 

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Reasons to Read

Consumer expectations around beauty products and brands continue to evolve, and the sector must keep pace to capitalize on new opportunities. We present 10 trends that are impacting the global beauty market and identify strategies for beauty brands and retailers to best capitalize on momentum in each area.

Our trend coverage spans pre-eminent multiyear trends such as premiumization and sustainability to nascent trends such as the expanding metaverse.

Click here to read more Coresight Research coverage of beauty brands and retailers.

Contents (Click to navigate)

Introduction

What’s the Story?

Why It Matters

10 Trends in Global Beauty: Coresight Research Analysis

  1. Beauty and Wellness
  2. Ethical Beauty via Sustainable Packaging
  3. Beauty Retail Partnerships
  4. Beauty and the Metaverse
  5. Beauty and Livestreaming
  6. High Growth in the Male Beauty Sector
  7. Big Beauty Firms as Investors and Accelerators
  8. Premiumization in Fragrance
  9. The Rise of Beauty Technology
  10. The Evolving Role of Celebrities and KOLs

What We Think

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Reasons to Read

In the ever-evolving landscape of global youth culture, it can be daunting for brands to know how to reach the most influential consumers of fashion, art, entertainment and technology. We explore how Hypebeast is positioning itself to play a major role in defining the narrative of the Web3.0 generation through its new media business model.

We identify opportunities for Hypebeast to:

  • Drive increased engagement across social media channels
  • Lean into livestreaming e-commerce and recommerce to connect with young consumers
  • Accelerate from Web 2.0 to Web 3.0, leading the shift to the metaverse

This free Custom Report is sponsored by Hypebeast, an online lifestyle destination for contemporary trends, fashion and culture.

Click here to read more Custom Reports from Coresight Research.

Read our full coverage of the metaverse and our coverage of livestreaming e-commerce.

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.

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