Page 187 – Coresight Research

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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.

As part of our Building Blocks of the Metaverse series, we discuss the background and technological structure of 5G wireless connectivity, explore its relationship with the metaverse and present key things that brands and retailers should know about 5G.

Click here to read more Coresight Research coverage of the metaverse.

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On May 12, 2022, Ken Fenyo, President of Advisory and Research at Coresight Research, presented at RICE 2022 (Retail Innovation Conference & Expo).

In this presentation, we discuss five East-to-West retail trends, covering the following key topics:

Livestreaming e-commerce
Social commerce
Quick commerce (Q-commerce, rapid delivery)
Offline stores with innovative retail concepts
Virtual idols and the metaverse

Read more Coresight Research coverage of livestreaming e-commerce and the metaverse.

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Coresight Research’s latest annual social commerce survey explores the use of social media in the shopping journey by US consumers.
Our analysis found that nearly two-thirds of all US consumers use social media as part of the shopping process, whether by discovering or researching products on social media or making purchases.
Women are the key social media shoppers: Some 71% use social media as part of the shopping process, compared to 59% of men.
Among women, social commerce sees the greatest uptake among those aged 18–29. Among men, the peak is within the cohort aged 30–44.

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There are only six months to go until Singles’ Day, the world’s largest online shopping event! Brands and retailers should set the shopping festival in their retail calendar and start planning early.

We begin our countdown to the 2022 iteration of the 11.11 Global Shopping Festival by exploring the context of this year’s festival, as well as the opportunities to participate in 11.11 through Chinese e-commerce platforms Alibaba and JD.com, covering international brands, sustainability initiatives and logistics.

Click here to read more about Singles’ Day 2022 as we count down to the event, as well as further Coresight Research coverage of past Singles’ Day events.

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Apparel retailers and consumers are both impacted by high inflation. We analyze what different types of retailers are doing to respond to the three major factors driving apparel inflation as well as the ways that consumer are changing their spending. Our report covers:

Cotton prices, transportation costs and wage increases
Consumer plans to respond to price increases
Which brands and retailers are well positioned in an inflationary environment

Learn more about retail and inflation in our report on North American consumers here.

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Our weekly Earnings Insights reports feature highlights from recent management commentary from major US retailers within our Coresight 100 coverage list, as they report first-quarter 2022 earnings.

We condense what retail companies are reporting regarding the following key content:

Management commentary on demand trends in the first quarter (where reported)—including comparable sales growth, details on consumer demand by category or channel, and qualitative insights
How recent performance reflects the impacts of, or recovery from, the Covid-19 pandemic
The outlook for demand, as reflected in revenue guidance or more qualitative commentary

This week, there are highlights from companies that reported in the week ended May 8, 2022, across multiple sectors: apparel and footwear (Carter’s), beauty brands and retailers (Estée Lauder), CPG companies (The Clorox Company), drugstores (CVS Health), food retailers (Sprouts Farmers Market) and home and home improvement (Floor & Décor Holdings).

Click here to read Week 1 of the Earnings Insight 1Q22 series.

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We explore how 5G wireless connectivity can solve retail pain points through the Coresight Research framework for 5G powering next-generation retail. We cover AR, personalization, data analytics and more.

Click here to read more about 5G as part of our Building Blocks of the Metaverse series.

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Coresight Research’s May 2, 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:

Consumers’ perceptions of inflation, and how they are modifying their shopping behavior in response
What shoppers are buying online and in-store
What consumers are doing and where they are going—including avoidance of public places and habits to respond to inflation
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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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 May 5, 2022.

This report includes discussion of the following 10 indicators:

Unemployment rate
Labor force participation rate
Disposable income
Average hourly wages
Consumer sentiment
Saving rate
Gas prices
Interest rate
Housing starts
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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China’s beauty market is one of the fastest growing in the world. To enter the market successfully, brands and retailers need to understand its key trends and growth drivers.

On May 2, 2022, Coresight Research presented at Cosmetic Executive Women’s (CEW) State of the Industry: Retail Solutions for Now & the Future event on China’s beauty market.

In this presentation, we provide insights into the following key trends:

The growth of the men’s beauty sector in China
The emergence of various offline multi-brand beauty stores in China
The rise of C-beauty brands

Click here to learn more about tapping into China’s male beauty market.

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5G is the fastest and most advanced cellular network yet, outperforming the latest generation of Wi-Fi. The technology will be crucial for powering realistic and immersive virtual shopping experiences.

In this report, we explore how 5G is powering the metaverse and discuss its benefits and underlying technologies. We consider what brands and retailers should know about 5G.

This report is part of our Building Blocks of the Metaverse series, which presents insights into the core technological components of the retail metaverse, including important details for retailers to know in establishing a presence and operating in the virtual space.

Read the previous report in the series, on immersive technologies.

Click here to read more Coresight Research coverage of the metaverse.

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Adrien Nussenbaum, Co-Founder & Co-CEO, Mirakl, Aron Bohlig, Founder, ComCap LLC., and Tom McFadyen, Author & CEO, McFadyen Digital discuss investments, returns, and valuations within the marketplace sphere from both the operator and seller sides.

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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.

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.

Premium subscribers can also access data from our weekly surveys in our US Consumer Tracker Databank.

We chart the long-term trends in consumers visiting bars, coffee shops or restaurants in the past six months. The slopes of the selected activities follow an inverse path to our recorded avoidance trends, reflecting the close correlation between avoidance of public places and actual activities.
The return to restaurants has been the most prominent.

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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 the prospects for retailers to pass on higher shipping costs to consumers.

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

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This Retail-Tech Landscape comprises selected DNVB brands across the apparel, beauty, food and beverage, home, luxury, and personal care categories.

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

Click here to access our NEW Digitally Native Vertical Brands (DNVB) Databank, which provides details of US consumer-goods brands that have established themselves selling products digitally—across the apparel, beauty, home, CPG (including grocery) and luxury sectors.

Contents (Click to navigate)

Retail-Tech Landscape: DNVBs

Key Trends About Digitally Native Vertical Brands (DNVBs)

1. DNVBs Are Investing in Physical Stores

2. Apparel and Footwear DNVBs Are Focusing on Sustainable Business Practices

Retail-Tech Landscape: DNVBs—Infographic

Retail-Tech Landscape: DNVBs, by Category

Apparel and Footwear

Beauty and Personal Care

Food and Beverage

Home

Luxury