Reasons to Read

Singles’ Day, the largest online shopping festival in the world, is just six months away! We discuss what brands and retailers need to know to prepare for the upcoming festival in China, covering the country’s macroeconomic context and leveraging proprietary survey analysis to explore Chinese consumer sentiment.

Data in this report include:

  • Singles’ Day estimated GMV by e-commerce platform type, 2021–2023
  • Proprietary survey data on Chinese consumers expectations for China’s economy over the next 12 months
  • Year-over-year change in China’s GDP, 1Q19–1Q24
  • Year-over-year change in total China retail sales (ex. food services; incl. automobiles and gas), January 2023–March 2024

Companies mentioned in this report include:  Adidas, Alibaba (Taobao/Tmall), Douyin, JD.com, Kuaishou, Lululemon, NIKE, Pinduoduo

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

From store closure announcements to consumers’ inflation perception and the costs of last-mile delivery, discover key data points we are watching in week 19 of 2024.

Dive into the full research reports behind these data points:

  1. Weekly US and UK Store Openings and Closures Tracker 2024, Week 19: Apparel Retailer rue21 To Close All Stores
  2. Responses to Inflation—Shoppers Are Less Inclined To Cut Back Discretionary Spending: US Consumer Survey Insights
  3. Rethinking Last-Mile Delivery: Building Customer-Centric Retail Experiences
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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: Amour Vert, CVS Health, Mango, Murphy USA, The Original Factory Shop, rue21, Sam Ash Music, Suit Direct, QuickChek

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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 survey conducted on April 29, 2024.

Data in this research report are:

  • What products consumers have bought in-store and online in the last two weeks
  • Activities that consumers have done in the past two weeks
  • Avoidance of public places, by type of public place—latest data and one-and four-week PPT changes
  • Expectations for economic conditions and personal finances in the next 12 months

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.

In this report, our latest findings are from a survey conducted on April 29, 2024. We delve into consumers’ perceptions of and responses to inflation.

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

  • Consumers’ perceptions of inflation and its impact on grocery and nongrocery spending
  • 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
  • Activities that consumers have done in the past two weeks
  • Consumers’ expectations for the economy overall and for their own personal financial situation

Companies mentioned in this research report include: Amazon, Albertsons, Dollar General, Dollar Tree/Family Dollar, Kohl’s, Kroger, Macy’s, Target, Walmart

Other relevant research:

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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 2024 earnings.

This week, there are highlights from companies that reported in the week ended May 5, 2024, across seven sectors: apparel and footwear, beauty, consumer packaged goods (CPG), drugstores, e-commerce, 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: Amazon, Carter’s, Clorox, Colgate-Palmolive, CVS Health, Estée Lauder, Gildan Activewear, Herbalife Nutrition, Sprouts Farmers Market, Wayfair

Other relevant research:

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In today’s intensely competitive landscape, customer satisfaction reigns supreme: last-mile delivery serves as a critical touchpoint, shaping the brand’s perceived value among consumers and influencing future interactions between the customer and brand/retailer. 

There is high potential for lost revenue when online retailers fail to meet customer expectations: more than two-thirds of US consumers would be unlikely to make a purchase if the delivery cost is too high.  

Leveraging proprietary survey findings such as this, we explore the scale of the last-mile delivery opportunity in the US and the state of the current landscape in this comprehensive research report. Dive into the major challenges and gaps, and understand what customers seek from last-mile delivery experiences.  

Gain critical insights into how brands and retailers can create positive, customer-centric delivery experiences that build loyalty and drive profitability.  

This report is produced and made available to non-subscribers of Coresight Research in partnership with Jitsu. 

Data in this research report include: 

  • US online retail sales and e-commerce penetration, 2022–2026E  
  • Proprietary survey data, brands and retailers—last-mile delivery costs; challenges faced in the last mile; delivery options offered; impacts of fast delivery on conversion, repeat purchases, fulfillment costs and returns; influences on external delivery partner selection and satisfaction with service providers 
  • Proprietary survey data, consumers—importance of selected delivery-related factors when choosing a brand/retailer 

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.

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, John Harmon, Associate Director of Technology Research, discusses the surge in affiliate advertising through product recommendations and how brands and retailers can distinguish themselves from the flood of AI (artificial intelligence)-generated content.

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.

This week, we focus on retail technology. From self-checkout shrink rates to ML-based demand forecasting and the global RFID market, discover the key data points we are watching in week 18 of 2024.

Dive into the full research reports behind these data points:

  1. RetailTech: Frictionless Checkout—The Eye in the Sky Makes Shopping a Breeze
  2. Retail-Tech Landscape: Demand Forecasting
  3. RetailTech: RFID Is the Technology That Keeps on Giving to Retailers (and Associates and Consumers)
  • Visit the Coresight Research Retail Technology Hub to explore reports, data and competitive landscapes on technology.
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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: Argos, The Columbia Sportswear Company, Poundland, Sainsbury’s, Save A Lot, Skechers, Sleep Number, Walmart

Other relevant research:

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Reasons to Read

The US Federal Trade Commission (FTC) has sued to block Tapestry’s acquisition of Capri Holdings. How would the proposed deal impact global luxury retail competition and consumer choice? We explore the merger’s implications and consider the FTC’s claims, leveraging proprietary US consumer survey analysis.

Data in this research report include:

  • Capri Holdings and Tapestry’s combined revenues and market share—global and US
  • Proprietary US consumer survey findings—brands that luxury shoppers have purchased

Other relevant research:

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Consumer packaged goods (CPG) brands and grocery retailers are currently operating in a volatile environment, one that presents unique challenges and numerous opportunities. To succeed in this unpredictable environment, brands and retailers must observe and analyze both the broad trends and subtle shifts in consumer behavior to uncover valuable insights that can help them make more informed decisions. We discuss key ongoing consumer shopping trends in the US grocery landscape, using proprietary Coresight Research consumer survey data, as well as data from Circana and Placer.ai. We also examine store traffic, dwell time, sales and price-per-unit data, as well as trends in the private-label space.

Data in this research report include:

  • Proprietary survey data on how consumers are changing their grocery shopping habits in response to inflation
  • Year-over-year changes in weekly grocery store visits and average dwell time
  • Year-over-year growth in dollar and unit sales for the food and nonfood categories
  • Year-over-year changes in the price-per-unit of CPG products

Companies mentioned in this report include: Albertsons, Aldi, Costco Wholesale, Grocery Outlet, The Kroger, Sprouts Farmers Market, Target

Other relevant research:

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How is “Just Walk Out” technology progressing? Discover developments and trends in AI, (artificial intelligence) RFID (radio-frequency identification), computer vision and more that are enabling frictionless checkout at retail stores. We discuss self-checkout, retail shrink, the latest news from Amazon, and more.

This report is part of our RetailTech series, which explores developments, insights and implications related to established and emerging technologies that are shaping the retail landscape.

Data in this research report include:

  • US market size for checkout and payment technology, 2017–2027E
  • US shrink rates for transactions via self-checkout versus cashier, according to Grabango

Companies mentioned in this report include: Amazon, AiFi, Aldi, Grabango, Sensormatic, Target, Trigo, Uniqlo, Walmart

Other relevant research:

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Ross Stores announced that it plans to open more than 2 million square feet of retail space in 2024. Explore the details of its recently announced store opening plan and discover other US retailers’ store closure and opening announcements from April 2024, including their square-footage impact, in this report.

This report is part of our monthly US Store Tracker Extra series, and we offer insights into announced developments as of April 26, 2024.

Data in this report are:

  • Year-to-date (YTD) announced 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: 99 Cents Only Stores, 7-Eleven, Express, Publix Super Markets, Ross Stores, Urban Outfitters, Walmart, Wayfair

Other relevant research:

  • View our full collection of Weekly US and UK Store Openings and Closures Tracker and monthly US Store Tracker Extra
  • 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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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 2024 earnings.

This week, there are highlights from companies that reported in the week ended April 28, 2024, across five sectors: apparel and footwear, beauty, CPG, 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: Albertsons, Columbia Sportswear, Kimberly-Clark Corporation, Levi Strauss & Co, L’Oréal, Procter & Gamble (P&G), Skechers, Tractor Supply Company

Other relevant research:

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