Reasons to Read

Our Monthly Consumer Update analyzes key consumer indicators from the US, the UK and China. In this report, we examine the latest data as of December 22, 2023, covering inflation, earnings, retail sales and more.

Data in this research report are: 

  • Average weekly earnings versus consumer prices in the US and the UK
  • Per capita disposable income versus consumer prices in China
  • Consumer prices for food at home and gasoline (automotive fuel) in the US, the UK and China
  • Total retail sales (ex. automobiles and automotive fuel) in US, the UK and China

Other relevant research:  

  • The Coresight Research US Retail Sales Databank brings together retail sales data to help you understand the scale and trajectory of US retail.
  • Our full collection of 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
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Reasons to Read

The monthly Coresight Research Leading Indicators of US Retail Sales series tracks several major macroeconomic indicators and their likely effect on US retail sales. This report analyzes the latest available data as of December 22, 2023.

Data in this research report include:

  • Proprietary Coresight Research projections for retail sales growth by month for the next 12 months
  • US actual retail sales versus model predicted sales
  • US unemployment rate and labor force participation rate
  • US average hourly wages for all private-sector employees
  • US annualized real disposable income per capita

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 December 18, 2023.

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

  • 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
  • Avoidance of public places, by type of public place

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

Other relevant research:

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Reasons to Read

The Coresight Research US Apparel and Beauty Spending Tracker provides a monthly update on the trajectory of consumer spending on beauty, clothing and footwear. Our latest report covers spending from November 2023, showing that clothing and footwear spending increased by 2.8% year over year.

Data in this report include:

  • US consumer spending on clothing and footwear year-over-year percentage change, November 2022–November 2023
  • US consumer spending on clothing by category year-over-year percentage change, November 2022–November 2023
  • US consumer spending on footwear year-over-year percentage change, November 2022–November 2023
  • US consumer spending on selected beauty categories year-over-year percentage change, November 2022–November 2023

Other relevant research:

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Reasons to Read

Using data from the Office for National Statistics, we analyze UK retail sales in November 2023, in total and by sector.

Data in this report are:

  • Year-over-year changes in UK total retail sales (excluding automotive fuel) for the past 13 months
  • Year-over-year changes in retail sales by sector, September–November 2023
  • Year-over-year changes in online retail sales for the past 13 months

Other relevant research:

Our monthly reports keep you up to date on retail sales (in total and by sector) and key consumer indicators, focusing on China, the UK and the US.

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Reasons to Read

Each report in the Weinswig’s Weekly series reflects on a topical theme in retail. We also highlight our key research from the past week and upcoming reports to look out for, so you don’t miss out.

This week’s note, “From the Desk of Deborah Weinswig,” reflects on Coresight Research’s journey in 2023 and highlights key industry insights and trends. We look ahead to 2024 with excitement.

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:

  • 2023 week-by-week comparisons of announced store closures and openings in the US and the UK
  • 2022 week-by-week comparisons of announced store closures and openings in the US and the UK
  • 2023 major US store closures and openings
  • 2023 major UK store closures and openings
  • 2024 major US store closures and openings, with year-over-year comparison
  • 2024 major UK store closures and openings, with year-over-year comparison

Companies mentioned in this research report include: Asda, Dollar General, Michaels

Other relevant research:

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Two hedge funds, Arkhouse Management and Brigade Capital, are reported to have joined forces to bid on a takeover of Macy’s for $5.8 billion. We dive into the opportunities and risks that the bid presents and its impacts for the US department store sector.

Data in this report include:

  • Macy’s store count, overall and by banner
  • Macy’s 10-year new sales and year-over-year growth, 2012–2022
  • Proprietary consumer survey data on average age and household income of selected retailers’ customer bases

Companies mentioned in this report include: Dillards, Kohl’s, Macy’s, Nordstrom

Other relevant research:

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Reasons to Read

The Generative AI Latest series provides regular updates on generative AI (artificial intelligence) developments globally—across retail, infrastructure, applications and government.

This report details announcements from the period December 4–17, 2023.

Learn about the latest tech startup funding, new generative AI applications and infrastructure, and developments and tech partnerships from Google.

Companies mentioned in this report include: DataCebo, Getty Images, Google, Kyron Learning, Leonardo.Ai, Meta, Mistral AI, Runway AI, Sarvam AI, Snapchat

Other relevant research:

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Reasons to Read

As the end of the 2023 holiday shopping season approaches, we take stock of the latest metrics, leveraging proprietary survey data, retail sales results and shopper traffic data.

Data in this research report include:

  • Proprietary survey data on which retailers consumers have purchased nonfood products from in October and November 2023
  • US retail sales data for October, November and the fourth quarter of 2023 (estimated)
  • Store traffic data for selected sectors for November and December (to date)

Companies mentioned in this research report include: Amazon, Burlington Stores, Costco, Dollar General, Dollar Tree, eBay, Kohl’s, Macy’s, Nordstrom, Target, The TJX Companies, Walmart

Other relevant research:

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Reasons to Read

Israel’s retail-tech ecosystem comprises innovative companies offering solutions for wide-ranging applications, from supply chain logistics to the in-store consumer experience. We present selected startups in Israel that provide technologies through the retail value chain, curated by Coresight Research and the Retail Innovation Club.

The landscape covers the following categories:

  • Logistics
  • In-store technology
  • Online shopping
  • Business intelligence—analytics

This landscape is an update from our previous publications in April 2020, June 2021 and October 2022. In this update, we feature 162 startups that offer retail solutions at every step of the retail value chain.

Other relevant research:

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Reasons to Read

The Coresight Research Retail 2024 series of reports looks ahead to the prospects for retail next year, exploring key trends by geography (namely, the US, the UK, China and India) and sector. We will also discuss trends in healthcare and technology.

This report, one of our Retail 2024 Sector Outlooks, presents directional market insights and themes to watch in US home and home-improvement retailing.

Data in this research report include:

  • US sector sales for furniture and home furnishings, and home improvement—plus, year-over-year growth, 2020–2024E

Companies mentioned in this report include: Ashley HomeStore, Floor & Decor, Home Depot, HD Supply, IKEA, Lowe’s, Spartan Surfaces, Wayfair

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 December 11, 2023.

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

  • 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
  • Avoidance of public places, by type of public place

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

Other relevant research:

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Reasons to Read

The Coresight Research weekly 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 December 4, 2023.

Data in this research report are:

  • 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
  • What products consumers have bought in-store and online in the last two weeks
  • Expectations for economic conditions and personal finances in the next 12 months

Other relevant research:

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Reasons to Read

We analyze China’s retail sales for November 2023, in total and by sector, as well as online retail sales and penetration.

Data in this research report are:

  • Year-over-year changes in China total retail sales (ex. food service; incl. automobiles and gasoline) for the past 13 months
  • Year-over-year changes in retail sales by sector—September, October and November, 2023
  • Online retail sales as a proportion of total retail sales, for the past 13 months

Other relevant research:

  • Our monthly reports keep you up to date on retail sales (in total and by sector) and key consumer indicators, focusing on China, the UK and the US.
  • More Coresight Research coverage of retail in China, including our China Consumer Tracker weekly survey reports
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