Reasons to Read

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

Data in this research report include:

  • Week-by-week comparisons of announced store closures and openings in the US and the UK—2024 vs. 2023
  • Major US and UK store closures and openings, 2024
  • Major US and UK retail bankruptcies—2024 and 2023

Companies mentioned in this research report include: Big Lots, Havertys, Party City, Publix

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Reasons to Read

Our Three Data Points We’re Watching This Week series spotlights key data points from this week’s research.

Discover key US-focused data points we are watching in week 32 of 2024, covering technology-driven improvements at checkout, 2024 store openings and consumers’ financial health.

Dive into the full research reports behind these data points:

  1. The Future of Fashion, Shaped by Technology: AI-Powered Supply Chains, Operations and Experiences in US Apparel and Footwear Retailing
  2. US Store Tracker Extra, July 2024: Conn’s Drives Total Closed Space to 67 Million Square Feet
    • The US and UK Store Tracker Databank is the definitive resource for information on store openings and closures by sector in the US and UK retail industries.
  3. Inflation and Interrupted Income—Could Consumers Still Pay the Bills?: US Consumer Survey Insights
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Reasons to Read

The Coresight Research monthly China Consumer Survey Insights series takes a regular temperature check on Chinese consumers’ behaviors and sentiment, based on exclusive proprietary survey data.

In this research report, we present findings from our latest weekly surveys, with the most recent undertaken on July 29, 2024.

Data in this research report are:

  • Consumers’ expectations for economic conditions and personal finances in the next 12 months
  • Activities that consumers have done in the past two weeks
  • Avoidance of public places, by type of public place
  • What products consumers have bought in-store and online in the last two weeks

Other relevant research:

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Reasons to Read

Planned and announced US store closures for 2024 rose this month and now total more than 4,200, resulting in 67 million square feet of closed retail space, we estimate. Discover US retailers’ latest store closure and opening announcements, as well as the square-footage impacts of these developments.

This report is part of our monthly US Store Tracker Extra series; we offer insights into announced developments as of August 2, 2024.

Data in this report are:

  • Year-to-date (YTD) US store closures and openings estimates for 2024, by retailer—total number of store closures/openings and their square-footage impact
  • US announced store closures and openings: week-by-week data for 2024 versus the comparable period in 2023

Companies mentioned in this report include: Alimentation Couche-Tard, Conn’s, QuickTrip, Skechers, Trader Joe’s, Walgreens Boots Alliance

Other relevant research:

  • View our full collection of store tracker reports.
  • The Coresight Research US and UK Store Tracker Databank is the definitive resource for information on store openings and closures by sector in the US and UK retail industries. For the US, the Databank includes store openings and closures from 2012 to 2024 YTD; for the UK, data span 2017 to 2024 YTD.
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Reasons to Read

The Coresight Research weekly US Consumer Survey Insights series takes a regular temperature check on US consumers’ behaviors and sentiment, based on exclusive proprietary survey data.

This week, in addition to our usual weekly findings on consumer sentiment, activities and shopping patterns (with the latest data from our July 29, 2024, survey), we dive into consumers’ responses to inflation as well as the state of consumers’ financial health.

Data in this research report are our latest proprietary survey findings on:

  • Consumers’ perceptions of inflation, and its impact on grocery and nongrocery spending
  • Consumers’ financial health—how long they could cover bills after losing their income, and unsecured debt as a proportion of monthly household income
  • Activities that consumers have done in the past two weeks
  • Where consumers have bought food and nonfood products from in the last two weeks
  • What consumers have bought in-store and online in the last two weeks
  • Consumers’ expectations for the economy overall and for their own personal financial situation

Companies mentioned in this research report include: Amazon, Dollar General, Dollar Tree, Temu, Walmart

Other relevant research:

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Reasons to Read

As consumer behaviors continue to shift due to digital advancements, changing demographics and evolving cultural dynamics, apparel brands and retailers must embrace emerging and innovative technologies in order to remain competitive and meet shoppers’ demands.

Building on our Market Navigator on US apparel and footwear retailing, we explore transformative technologies shaping the market, including AI (artificial intelligence). From supply chain to operations to customer-facing applications, discover key tech applications and benefits, and dive into proprietary consumer survey data on the apparel shopping journey.

Data in this research report include:

  • The size and trajectory of the US apparel and footwear market, 2019–2028E
  • Apparel shopper satisfaction of automated customer service interactions (e.g., chatbots and virtual assistants)
  • The impact of a seamless and fast checkout process on the online apparel shopping experience, as well as US apparel shoppers’ view of the in-store checkout process

Companies mentioned in this report include: Adidas, Amazon, Gap Inc., H&M, IBM, Lululemon Athletica, Microsoft, New Balance, NIKE, Oracle, SAP, Shein, Uniqlo, Walmart, Zara

Other relevant research:

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Reasons to Read

Our weekly Earnings Insights reports feature highlights from recent management commentary from major US retailers within our Coresight 100 coverage list as they report second-quarter 2024 earnings.

This week, there are highlights from companies that reported in the week ended August 4, 2024, across five sectors: apparel and footwear, beauty, consumer packaged goods, food and grocery, and home and home improvement.

Data in this report are:

  • Quarterly data from companies, including gross margins and sales data by brand (where applicable), channel and geography

Companies mentioned in this report include: Carter’s, Colgate-Palmolive Company, Columbia Sportswear, Crocs, Deckers Outdoor Corporation, Gildan Activewear, Herbalife Nutrition, L’Oréal, Procter & Gamble, Sprouts Farmers Market, Wayfair

Other relevant research:

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Reasons to Read

Welcome to Analyst Corner! Every Sunday, a member of the Coresight Research team discusses upcoming or recent research and their thoughts on interesting topics in their area of expertise.

This week, John Harmon, Associate Director of Technology Research, discusses the layers of hidden fees that consumers are experiencing across multiple industries, pinching their already stretched wallets.

We also highlight our key research from the past week and reports to look out for in the coming week, so you don’t miss out.

Other relevant research:

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Reasons to Read

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

Data in this research report include:

  • Week-by-week comparisons of announced store closures and openings in the US and the UK—2024 vs. 2023
  • Major US and UK store closures and openings, 2024
  • Major US and UK retail bankruptcies—2024 and 2023

Companies mentioned in this research report include: Big 5 Sporting Goods, Conn’s, JD Sports, Skechers

Other relevant research:

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Reasons to Read

Our Three Data Points We’re Watching This Week series spotlights key data points from this week’s research.

Discover key data points we are watching in week 31 of 2024, covering US summer spending, from online beauty sales to consumer behavior to Amazon Prime Day purchase rates.

Dive into the full research reports behind these data points:

  1. US CPG Sales Tracker: Online CPG Growth Decelerates as Beauty E-Commerce Turns Negative Again
  2. Costco Attracts Shoppers; The Travel Bug Spreads This Summer: US Consumer Survey Insights Extra
    • Read the full series of US Consumer Survey Insights and US Consumer Survey Insights Extra reports.
  3. Amazon Prime Day 2024 Wrap-Up: Apparel Proves Popular; AI Enriches Shopping Experience
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Reasons to Read

Currently, the US off-price retail sector is experiencing significant growth and transformation driven by both supply-side expansions and evolving demand dynamics. Off-price retailers have solidified their presence in the US retail landscape by appealing to a wide range of budget-conscious consumers and tapping into diverse demographics as consumers across income brackets seek to maximize their purchasing power.

In this Market Outlook, Coresight Research explores the size and trajectory of the US off-price retail market and the key factors impacting its growth. We also cover the overall market’s competitive landscape, innovators and themes we are watching in 2024 and beyond.

Each Market Outlook offers our analysts’ definitive view of their sector. This research report includes proprietary forecasts, analysis of company metrics, exclusive consumer survey data and our analysts’ consideration of factors and themes in the market.

Data in this research report include:

  • The size and year-over-year changes of the US off-price sector, 2019–2028E
  • US Consumer Price Index for the apparel, cosmetics, food and housing categories, January 2023–March 2024
  • Revenues, market shares, store counts and gross selling space of major US off-price retailers, 2019–2023
  • Proprietary survey data on which major US off-price retailers are shopping with, as well as data on cross-shopping patterns among off-price shoppers

Companies mentioned in this report include: Amazon, American Eagle Outfitters, Burlington Stores, Dollar General, Five Below, Macy’s, Nordstrom, Ross Stores, Shein, Target, Temu, The TJX Companies, Walmart

Other relevant research:

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Reasons to Read

The Coresight Research and Circana 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 & beverages, health & beauty, and general merchandise & homecare.

This report presents key insights for the four weeks ended July 14, 2024.

Data in this research report include:

  • CPG sales growth—e-commerce, in-store and in total
  • E-commerce and total CPG sales growth by category type
  • Food & beverages department breakdown by category: e-commerce and total sales growth
  • Nonfood department breakdowns by category: e-commerce and total sales growth

Other relevant research:

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The Coresight Research monthly US Consumer Survey Insights Extra series offers a more detailed or specific take on trends and data from our weekly surveys of US consumers.

This month, we explore trends in US consumer activities and shopping behavior over the past year (July 2023–July 2024), with aggregated monthly findings offering insights into what consumers are buying and which retailers have made gains.

Data in this research report are proprietary survey findings on:

  • Consumer activities
  • Popular retailers for food and nonfood shopping
  • Popular product categories, in-store and online

The appendix of this report presents results from our weekly survey questions on consumer sentiment (expectations for their personal finances and the economy overall over the next 12 months).

Companies mentioned in this research report include: Costco, Macy’s, Sam’s Club, Walmart

Other relevant research:

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Reasons to Read

Amazon India held its eighth annual Prime Day sale on July 20–21, 2024, offering Prime members deals and discounts across a wide variety of product categories.

We present insights into Prime Day India 2024 based on our observations of the event and metrics released by Amazon India via a company statement (published on July 25, 2024).

Companies mentioned in this report include: Amazon, Apple, Blinkit, Myntra, New Balance, Philips, Samsung, Under Armour, Walmart

Other relevant research:

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Reasons to Read

The Coresight Research weekly US Consumer Survey Insights series takes a regular temperature check on US consumers’ behaviors and sentiment, based on exclusive proprietary survey data.

This week, in addition to our usual weekly findings on consumer sentiment, activities and shopping patterns (with the latest data from our July 22, 2024, survey), we present new data on mass merchandisers and warehouse clubs specifically, diving into where sector shoppers make purchases and what they buy.

Data in this research report are our latest proprietary survey findings on:

  • Shopper penetration for mass merchandise and warehouse club retailers
  • Product categories bought by shoppers at mass merchandisers and warehouse clubs
  • Activities that consumers have done in the past two weeks
  • Where consumers have bought food and nonfood products from in the last two weeks
  • What consumers have bought in-store and online in the last two weeks
  • Consumers’ expectations for the economy overall and for their own personal financial situation

Companies mentioned in this research report include: BJ’s Wholesale Club, Costco, Sam’s Club, Target, Walmart

Other relevant research:

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