Reasons to Read

The Coresight Research team attended and participated in World Retail Congress 2022 in Rome, Italy, from April 5 to 7.

In this report, we present the major themes from the three-day event, covering the metaverse in retail, a renewed focus on company values, retailers’ approaches to sustainability, consumer-centric strategies and macro factors.

Read our insights from each day of the event:

Read Coresight Research’s presentation on 10 things retailers need to know about the metaverse, and access more Coresight Research coverage of the metaverse.

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Reasons to Read

We present recent market developments in the metaverse, and provide coverage of notable attractions and brand offerings during Decentraland’s recent Metaverse Fashion Week.

This report is part of our Metaverse Latest series, which provides regular updates on metaverse developments globally, showing how key players and new entrants are seizing opportunities in the space. In this report, we present developments as of April 5, 2022.

Read the previous report in the series, which covers the development of AR and VR headsets (immersive tech) and the increasing popularity of virtual concerts.

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

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Reasons to Read

In this Market Outlook, we analyze the US off-price sector, covering its recent performance and growth prospects, including the following:

  • Sector expectations in an inflationary environment
  • The competitive landscape
  • Proprietary survey data on where US consumers are shopping and what they are buying
  • Digital and physical expansion plans

Read about five trends in off-price retail and the heightened competition for off-price retailers.

Contents (Click to navigate)

Introduction

Market Performance and Outlook

Market Factors

Online Market

Competitive Landscape

Themes We Are Watching

Retail Innovators

What We Think

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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 learnings on purpose, trust and sustainability from this year’s World Retail Congress.

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

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Reasons to Read

The Coresight Research team attended and participated in World Retail Congress 2022 in Rome, Italy, from April 5 to 7. In this report, we present our top insights from day three of the event on April 7, 2022.

We cover innovations in the luxury industry, 10 things retailers need to know about the metaverse, new post-pandemic trends in today’s retail world, and more.

For more insights from World Retail Congress 2022, read our day one and day two reports.

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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 99 Ranch, Bass Pro and Trader Joe’s in the US and IKEA, Moss Bros and The Sofa Workshop in the UK. We also discuss quarterly store opening and closure settlements following the release of quarterly company filings this week from Five Below, H&M, Lululemon, RH and Urban Outfitters.

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. Click here to view.

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Reasons to Read

India’s $600 billion grocery retail sector is predominantly unorganized. With organized retail still finding its feet, we examine the opportunities for Western grocery retailers to claim a sizeable slice of India’s grocery sector, as well as the barriers to entry.

This report also explores the headwinds and tailwinds facing two key international players that already operate in the sector: Spar and Tesco.

For more on India’s retail market, read our separate report, Five Trends Reshaping Online and Offline Retail in India.

Contents (Click to navigate)

Introduction

International Grocery Retailers in India: Coresight Research Analysis

Key Characteristics of The Indian Grocery Market and Consumers

Opportunities in Indian Grocery Retail and Barriers to Entry

Key International Players in Indian Grocery Retail

Economic Reforms in Grocery

Entry Routes for Foreign Brands and Retailers in India

What We Think

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Reasons to Read

Each year, the IRS reports tax return filings and refunds on a weekly basis. This year, the filing deadline is on April 18. We look at what has happened in the 2022 tax filing season so far, as of March 25, 2022.

This report covers the following:

  • Number of returns filed and processed, and total and average refunds returned, as of March 5, 2022
  • A comparison of 2022 tax filing season to 2021
  • Total annual refunds disbursed, 2016–2022YTD

Click here to read our wrap-up report on the 2021 tax filing season.

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Reasons to Read

The Coresight Research team is attending and participating in World Retail Congress 2022 in Rome, Italy, from April 5 to 7. In this report, we present our top insights from day two of the event on April 6, 2022.

We cover technology innovations in supply chains, new approaches to sustainability in retail, the need to recognize consumers’ growing power in today’s retail world, and more.

For more insights from World Retail Congress 2022, read our report on day one and look out for our wrap-up report.

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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.

  • Fast-fashion retailer Shein has gained strong traction among younger shoppers around the world through its highly competitive pricing and huge collection of frequently renewed trendy apparel and footwear lines.
  • Coresight Research’s survey of US consumers on March 1, 2022, found that among apparel shoppers aged 18–29 that had purchased clothing or footwear in the past 12 months, Shein was the seventh-most-shopped retailer for the category (tied with H&M and NIKE).
  • Furthermore, Amazon is the only online-only retailer to see a greater share of apparel shoppers aged 18–29 than Shein, our survey found.

Click the image below to learn about Shein’s business, covering the company’s major strategies and recent revenue growth.

Reasons to Read

Our US Consumer Tracker Extra series offers a deeper dive into longer-term trends revealed by our weekly survey data. With grocery prices rising, we examine changing consumer behavior and major food retailers’ shopper profiles by income.

We assess emerging trends in the following key areas:

  • Consumers’ perceptions of inflation by income band
  • Consumers’ changes of behavior in response to inflation by income band
  • Where consumers shop by income band
  • Average number of retailers consumers shop at

Click here to view our full collection of US Consumer Tracker weekly survey reports.

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

Read more on the sector in our separate 2022 US Grocery Market Outlook and 10 Trends in US Grocery reports.

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Reasons to Read

The Coresight Research team is attending and participating in World Retail Congress 2022 in Rome, Italy, from April 5 to 7. In this report, we present our top insights from day one of the event on April 5, 2022.

We cover macroeconomic impacts on retail, sustainability in fast fashion and Walgreens’ wellness plans, as well as insights from Whole Foods’ former Co-CEO Walter Robb and retail legend Ron Johnson.

For more insights from World Retail Congress 2022 look out for our reports in the coming days.

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Reasons to Read

Ross Stores and TJX Marmaxx are the two largest players in the US off-price sector. As part of our Head-to-Head series, we compare the two companies, providing insights into their revenues, store fleets, supply chain capabilities and more.

Contents (Click to navigate)

Introduction

What’s the Story?

Why It Matters

Ross Stores vs. TJX Marmaxx: Coresight Research Analysis

Business Overview

Revenue Growth

Market Share

Store Analysis

Category Analysis

Supply Chain: Buying and Distribution Capabilities

Inventory Turnover

What We Think

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Reasons to Read

Our monthly US Store Tracker Extra report supplements the Weekly US and UK Store Openings and Closures Tracker reports with additional insight, including retailer-level data on square footage and closures and openings as a percentage of total store base.

This report also offers a comparison between year-to-date announced closures and openings at the end of each month in 2022 versus the comparable period in 2021.

Year-to-date data in this report are as of April 1, 2022 (corresponding to week 13 in our Weekly US and UK Store Openings and Closures Tracker) versus the comparable period in 2021 (the four weeks ended February 26, 2021).

  • Click here to view our full collection of Weekly US and UK Store Openings and Closures Tracker and monthly US Store Tracker Extra reports.
  • 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. Click here to view.
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Reasons to Read

We examine the US apparel and footwear market for 2022 and beyond, providing growth rates, a competitive landscape analysis and information about six key themes including:

  • Factors that impact gross margins
  • Supply chain agility improvements
  • Metaverse
  • Sustainability
  • Physical store innovations
  • Alternative selling models

Find our coverage of US children’s apparel and footwear retailing here. Read our US e-commerce outlook for apparel and footwear here.

Contents (Click to navigate)

Introduction

Market Performance and Outlook

Market Factors

Online Market

Competitive Landscape

Themes We Are Watching

Retail Innovators

What We Think

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