Reasons to Read

The healthcare industry in the US is increasingly utilizing emerging technologies to improve accessibility, consumer centricity, affordability and convenience—and we believe this transformation is only just beginning.

Building on our Market Navigator on the US healthcare market, we highlight key players across the health-tech space, delving into the advanced technologies they deploy and how these solutions are impacting the ways in which consumers receive healthcare in the US.

Data in this research report include:

  • Personal healthcare spending in the US healthcare market, total and year-over-year change, 2019–2028E
  • Proprietary survey data on US consumers’ reasons for using health-monitoring devices and the impacts of doing so on their health

Companies mentioned in this report include: Apple, Aloe Care Health, Calm, Cognixion, ElliQ, FitXR, Garmin, Hippocratic AI, January AI, Noom, Oura, RelieVRx, Vayyar Imaging, StackCare, Twin Health

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Reasons to Read

Coresight Research partnered with The Lead for its premier event, The Lead Summit, which took place on July 11, 2024. During the Innovation Forum at the event, Deborah Weinswig, CEO and Founder of Coresight Research, presented critical strategies for companies to navigate the challenges of AI (artificial intelligence) and GenAI (generative AI), and deploy AI models effectively.

During her presentation, Weinswig highlighted the necessity of a structured approach to address critical issues such as security risks, biased outcomes, false content, legal concerns and ESG (environmental, social and governance) implications.

Read our insights from the session to discover the Coresight Research AI Risk-Mitigation Framework and improve your understanding of the risks involved in different stages of AI deployment. Use our checklist for brands and retailers to capitalize on the transformative potential of AI while systematically managing risks.

Data in this research report include:

  • Estimated global GenAI applications and hardware market size, 2024E–2028E

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Reasons to Read

Discover data from the latest Economic Census revealing the number of US physical retail stores, firms and employees by sector.

This report is part of our Data Drop series, which provides fast access to a set of data, with minimum intermediation.

Data in this research report include:

  • US retail—number of establishments, firms and employees, 2022 and 2017

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Reasons to Read

Using data from the US Census Bureau, we analyze US retail sales in June 2024, in total and by sector.

Data in this research report are:

  • Year-over-year changes in US total retail sales (excluding gasoline and automobiles), June 2023–June 2024
  • Year-over-year changes in retail sales by sector, May and June 2024

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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.

In this report, our new findings are from a survey conducted on July 8, 2024. In addition to our usual weekly data, we dive into consumers’ current perceptions of and responses to inflation.

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

  • Consumers’ perceptions of and responses to inflation, and its impact on grocery and nongrocery spending
  • 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: Aldi, Amazon, Albertsons, Ahold Delhaize, Costco, Dollar General, Dollar Tree/Family Dollar, Kohl’s, Kroger, Macy’s, Target, Walmart

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Reasons to Read

GLP-1 medications—which include Mounjaro, Ozempic and Wegovy, among others—are currently reshaping the weight-loss landscape, driven by strong clinical trial results and a wave of endorsements from celebrities and influencers.

We offer insights into GLP-1 drug users’ food consumption patterns, partly informed by proprietary data from a Coresight Research survey of US consumers conducted on May 29, 2024. We also explore the impact of the Ozempic economy on CPG (consumer packaged goods) companies by examining their recent fiscal results and commentaries from earnings calls.

Data in this research report include:

  • Proprietary survey data on the reasons GLP-1 medication users are taking these drugs and the lifestyle changes the drugs have inspired
  • Changes in food consumption among anti-obesity drug users
  • Year-over-year sales growth data for selected US food and beverage categories

Companies mentioned in this report include: Abbott, Anheuser-Busch, The Coca-Cola Company, Conagra Brands, Constellation Brands, Danone, General Mills, Heineken, Mars, Nestlé, PepsiCo, The Hershey Company, Unilever

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Reasons to Read

Deborah Weinswig, CEO and Founder of Coresight Research, moderated a fireside chat at the Israel-US Connect: Retail-Tech Innovation Welcome Reception on July 9, 2024. Hosted by Coresight Research, the Israel Economic Mission and Retail Innovation Club, the event fostered networking between Israeli tech startups and established players in the retail industry.

In this report, we present insights from the fireside chat, which featured Ari Hoffman, CEO of Ted Baker USA, and Steven Lamar, President and CEO of American Apparel & Footwear Association (AAFA).

Dive into key strategies for retail-technology startups, the evolution of the retail landscape through AI (artificial intelligence) and sustainability practices, and more! Plus, discover the innovative Israel-based retail-technology startups that presented on their solutions.

Companies mentioned in this report include: Buywith, FabricDNA, Nexite, Placer.ai, Syte

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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.

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.

This week, Aditya Kaushik, Analyst, US consumers’ spending expectations for Amazon’s Prime Day and the Summer Olympics in the third quarter of 2024 (3Q24) as well as the end-of-year holiday season.

Data in this research report are selected proprietary survey findings on:

  • Whether US consumers expect to celebrate and spend on key calendar events in 3Q24
  • Consumers’ spending expectations for the 2024 holiday season

Other relevant research:

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Reasons to Read

On July 11, 2024, Deborah Weinswig, CEO and Founder of Coresight Research, presented on AI (artificial intelligence) at The Lead Summit 2024.

Dive into our full presentation to discover key risk-mitigation strategies and overcome challenges to harness the power of AI. Use the Coresight Research AI Risk-Mitigation Framework to get ahead in the GenAI (generative AI) era.

Our insights cover data protection and compliance, the ethical use of AI, and much more.

Data in this presentation include:

  • Estimated global GenAI applications and hardware market size, 2024–2028

Weinswig presents on AI risk mitigation at The Lead Summit 2024
Source: Coresight 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 Lots, Frasers Group, Victoria’s Secret, Walgreens Boots Alliance

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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 data points we are watching in week 28 of 2024, with a focus on US retail. From beauty and apparel sales to social commerce, we offer key metrics from our research.

Dive into the full research reports behind these data points:

  1. US CPG Sales Tracker: Nonfood CPG Rebounds, with E-Commerce and In-Store Growth Accelerating
  2. Social Commerce in Focus—Beauty Leads the Way: US Consumer Survey Insights
    • Read the full series of US Consumer Survey Insights and US Consumer Survey Insights Extra reports.
  3. Market Navigator: US Apparel and Footwear Retailing—Discounters Poised for Growth Amid Challenging Backdrop
    • Keep up to date with all our research reports on US retail.
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Reasons to Read

Currently, consumer shopping behaviors are shifting due to a wide variety of factors, including digital advancements, changing demographics and evolving cultural dynamics; as such, luxury brands and retailers must reassess their traditional approaches and embrace new strategies to remain relevant and competitive. We explore three key trends that are driving growth in global luxury retailing and major players’ recent responses to changing market forces, providing valuable insights into the modern luxury market.

Data in this research report include:

  • The size and growth of the global luxury market, broken down by geography, 2019–2028E
  • Overseas tourist visits to Japan, 2019–March 2024
  • Worldwide year-over-year high-end fashion travel spending growth for March 2024

Companies mentioned in this report include: Alibaba, Amazon, Burberry, Canada Goose, Capri Holdings, Compagnie Financière Richemont, JD.com, Kering, LVMH, Tapestry, Walmart

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Reasons to Read

Each Market Navigator report offers an in-depth, data-rich view of a retail, consumer or technology sector and is packed with data on sectors, segments, companies and consumers. Our analysts discuss at greater length the sector themes they are observing and the insights they are forming on their markets. We intend these definitive guides to serve as points of reference to those in the retail ecosystem, guiding readers’ strategic decision-making and assisting them in tapping opportunities and navigating disruption in retail and adjacent industries.

In this Market Navigator, Coresight Research explores the US apparel and footwear market. Dive in today to gain insights into emerging ideas and opportunities in apparel and footwear retailing, understand the growth trajectory of the market and explore the competitive landscape. You will also discover key insights about market factors and consumer behavior and preferences, based on proprietary survey findings. We also discuss key themes we are watching in the US apparel and footwear market, aligning with our RESET framework. Key topics covered in this report include the importance of apparel customization options and hyper-personalized shopping journeys, the impact of artificial intelligence (AI) and machine learning (ML) on the apparel and footwear space, and growing consumer interest in sustainability, inclusivity and resale options, among many others.

Included with this Market Navigator

  • Grab quick access to charts, data points and conclusions in the presentation download
  • Access the data behind key charts and tables in the Excel download

Data in this research report include:

  • Total and online market sizes and year-over-year growth rates, 2019–2028E
  • Market breakdowns by category, distribution channel and segment, 2019–2028E
  • US Consumer Price Index for the apparel and footwear, food and gasoline categories, 2017–2023
  • Revenues, operating margins and store counts of leading brands and retailers from across the US apparel and footwear market
  • Proprietary survey data on where US consumers are shopping for apparel and footwear products, and which brands and product types they are purchasing

Companies mentioned in this report include: Amazon, American Eagle Outfitters, Burlington Stores, Dick’s Sporting Goods, Foot Locker, Gap, Hanesbrands, Kohl’s, Lululemon Athletica, Marks and Spencer, Ralph Lauren, Ross Stores, Target, The TJX Companies, Under Armour

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 1, 2024, survey), we present new data on the role of social media in the shopping process, diving into the popularity of social commerce and the social media platforms and product categories that are leading the way.

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

  • Whether consumers have used social media as part of the shopping process in the past three months
  • Popular social media platforms and product categories among social media shoppers
  • 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, Facebook, TikTok, Walmart

Other relevant research:

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Reasons to Read

Visual content (product imagery or illustrations that market or sell a product to the consumer) plays a fundamental role in determining success for online brands and retailers.

In this report, we examine the importance of optimal visual content in US e-commerce and analyze the challenges and benefits for brands and retailers in elevating their visual content strategy.

Stand out in the competitive online landscape by implementing our key recommendations to achieve success with your visual content strategy, and understand the role of technology (including AI) in supporting your e-commerce goals. Dive into critical insights from Coresight Research surveys of consumers and brands/retailers.

This report is produced and made available to non-subscribers of Coresight Research in partnership with Vizit, a visual analytics company that leverages computer vision and AI to empower brands and retailers to test, measure and optimize product visuals for maximum effectiveness with any audience.

Data in this research report include:

  • US online retail sales and e-commerce penetration, 2023–2028E
  • US brands and retailers (survey analysis)—number of channels used for sharing product visuals, benefits of visual content testing, challenges and benefits of leveraging technology, challenges that brands and retailers face in collaborating to elevate their visual content strategy, and more!
  • US consumers (survey analysis)— influence of the quality of product imagery on purchase decisions

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