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 how retailers are catering to consumers’ increased interest in spending on outdoor activities.

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

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Reasons to Read

Using data from the US Census Bureau, we look at which retail sectors saw sales surge and which did not do well in August 2021. This report covers the following:

  • US total retail sales excluding gasoline and automobiles—year-over-year and two-year growth
  • US total retail sales including gasoline and automobiles—year-over-year change
  • US total retail sales excluding gasoline and automobiles—month-over-month change
  • Retail sales growth by sector, including two-year growth

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

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 year to date in 2021
  • What is happening in retail in the US and UK this week
  • Year-to-date 2021 major US and UK store openings and closures

This week, there are highlights from Amazon and Miniso in the US and B&M, Co-op and Poundland in the UK. We also discuss quarterly store opening and closure settlements following the release of quarterly company filings this week from Casey’s General Stores, GameStop 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 2021 year to date, filterable by sector and year. Click here to view.

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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. 

  • Coresight Research’s US Consumer Tracker provides a detailed update on US consumers’ behaviors, concerns and expectations, with a focus on the implications for retail. Our latest weekly consumer survey was conducted on September 6, 2021.
  • Historically, our survey data has shown meeting friends and family to be the most popular activity among US consumers. However, it had seen a downward trend in recent weeks in the face of Covid-19’s spreading Delta variant. This week, the Labor Day weekend halted this trend, with more than half of all respondents reporting that they met friends/family in the past two weeks.

Click the image below to access our survey findings in detail.

Reasons to Read

On September 19, 2021, Deborah Weinswig, CEO and Founder of Coresight Research, will emcee and feature on the judging panel of Groceryshop 2021’s “Shark Reef” Startup Pitch Competition, in which 12 early-stage US retail-technology startups will compete to win the Shark’s Choice and Audience Choice awards.

We present a preview of the competition, covering its format and the judging panel as well as a profile for each participating startup. This report also covers the three panel discussions that Weinswig and Ken Fenyo, President of Research and Advisory, will participate in at the Groceryshop 2021 conference.

Click here for more Coresight Research coverage of Groceryshop.

Read more about consumer packaged goods and grocery retailers under our sector coverage.

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Reasons to Read

This report is part of Coresight Research’s series of roundtable discussions and research reports, entitled The New Age of Customer-First Supply Chains, in which we present key insights into strategic areas in which brands and retailers can take action to build a resilient and profitable supply chain.

We discuss the importance of customer-centric commercial collaboration in the modern, interconnected retail supply chain, particularly in the current environment. We explore the different types of technology-powered collaboration—between retailers and suppliers, and with consumers.

Read our previous reports in the series, on the four pillars to building a resilient supply chain and intelligent demand forecasting and on-demand manufacturing.

Contents (Click to navigate)

What’s the Story?

Why It Matters

Customer-Centric Commercial Collaboration: Coresight Research Analysis

The Current Environment Necessitates Improved Collaboration

Collaboration Between All Supply Chain Parties: Modern Supply Chains Are Interconnected

Collaboration Between Retailers and Suppliers: Key Advantages

Collaboration Between Retailers, Manufacturers and Consumers: Data-Driven Forecasting and Product Development

What We Think

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Reasons to Read

We present recent market developments in the global livestreaming space, including M&A activity and investments. We also discuss three notable livestreaming trends—namely, the launch of new live shopping festivals, the use of competitions to engage viewers and the rise of themed livestreams.

We offer examples of recent livestreaming events from brands and retailers globally, with highlights from PacSun, Gerry Weber, Vogue Scandinavia and Conforama.

This report is part of our Livestreaming Latest  series, which provides regular updates on the variety of approaches in livestreaming e-commerce that are emerging around the world, across different retail sectors. Read the previous report in the series, which covers the emerging trend of brands’ diversifying their product catalogs and new ways of forging connections with communities.

Watch Coresight Research’s Livestream Shopping 2021 Virtual Conference on demand.

Click here to read more Coresight Research coverage of livestreaming.

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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.

As part of Coresight Research’s Head-to-Head series, we compare H&M and Inditex (Zara), two of the biggest players in the global apparel specialty retail sector.

Click the image to read more about the topic.

Reasons to Read

Having the right quantities of the right products in the right place at the right time is critical for retailers to meet consumer demand and optimize margins. We explore the state of AI (artificial intelligence) adoption in retail in 2021 across allocation planning, assortment planning, promotion management and forecasting.

Our insights cover best practices and challenges in AI adoption, key steps in progressing AI maturity and top priorities for gaining maximum return on investment.

We leverage findings from a June 2021 Coresight Research survey of 170 retail decision-makers in North America.

This report is sponsored by retail-focused AI software company Impact Analytics.

Non-subscribers can access the report by completing the form on this page.

Contents (Click to navigate)

What’s the Story?

Why It Matters

The State of AI Adoption in 2021: Retail Survey Findings

1  Allocation Planning: Issues Such as Infrequent Stock Replenishment Impact the Bottom and Top Line

2  Assortment Planning: Enterprise-Grade Applications Yield Significant Cost Savings

3  Promotion Management: Most Retailers Use Static Promotion Strategies

4  Forecasting: Traditional Approaches Are Still the Norm; Most Organizations Update Forecasts Infrequently or Irregularly 

Key Challenges Retailers Face in Adopting AI

Industry Best Practices

The State of AI Adoption: The Path Forward

Methodology

 

Click here to view the Event Presentation.

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Reasons to Read

We discuss the importance of customer-centric commercial collaboration in the modern, interconnected retail supply chain, particularly in the current environment. We explore the different types of technology-powered collaboration—between retailers and suppliers, and with consumers.

To access these insights and join future events, subscribe to Coresight Research.

Click here to read key insights from the event in our report.

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Reasons to Read

In this report, we assess US retail traffic in August 2021, covering the following:

  • Weekly shopper traffic trends
  • Traffic by retailer vertical
  • Regional traffic trends
  • Traffic by retailer location type

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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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.

  • In the US, major off-price retailers Burlington Stores, Nordstrom (through its Nordstrom Rack banner), Ross Stores (Ross Dress for Less and dd’s Discounts) and The TJX Companies (which includes US banners T.J. Maxx, Marshalls, Sierra, HomeGoods and Homesense) have been aggressively growing their physical store footprints and show no signs of slowing.
  • In fiscal 2021, the four major retailers plan to open a combined total of 203 stores in the off-price sector. Each retailer has expanded its store portfolios consistently in recent years, at a combined CAGR of 5.0% since fiscal 2010. This is notable given physical store closures over the past 10 years in other retail sectors such as department stores and specialty stores.

Click the image below to read Coresight Research analysis of physical and digital strategies in US off-price retail.

 

Reasons to Read

Coresight Research’s September 6 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 charts the impacts of the Labor Day holiday weekend on consumer behavior, covering the following:

  • What consumers are doing and where they are going
  • Consumers’ avoidance of public places
  • Which retailers consumers are buying from and what shoppers are buying online and in-store

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.

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Reasons to Read

The Coresight Research and IRI monthly US CPG Sales Tracker provides our data-driven insights into online sales trends in the US CPG industry—covering the product categories of food & beverage; health & beauty; and general merchandise & homecare.

In this free report, we present five key insights into the four weeks ended August 8, 2021, across the following metrics:

  • Year-over-year growth of CPG e-commerce sales versus growth in total CPG sales, as well as growth from two years prior
  • Online sales growth by category type
  • Breakdown of online sales by category
  • Online sales growth of food & beverage departments
  • Online sales growth of nonfood departments such as beauty and homecare

Click here to read more reports in our US CPG Sales Tracker series.

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Reasons to Read

In our New Retail in China series, we review the latest trends in New Retail, with a focus on major digital platforms and multichannel retail companies in China. We offer insights into recent news, with a focus on digitalization and strategic collaborations.

This month, highlights include global luxury and apparel brands opening flagship stores on JD.com, Alibaba’s partnership with the Hainan province government and ByteDance’s investment in brand management company Hangzhou Weinian.

The appendix details the last 12 months of New Retail developments in China.

Click here to read the previous report in the New Retail in China series, which details Alibaba’s plans for 10 new Freshippo X stores by the end of 2021, JD.com and Louis Vuitton’s new joint shopping model and the newly announced memorandum of understanding between Tencent Cloud and Japanese cosmetics company Premier Anti-Aging.

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