Reasons to Read

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. In this report, we explore how consumer confidence has shifted over the holiday season so far.

We also include results from our weekly survey questions through November 27, 2023, aggregated in four-week increments over the past seven months, increasing the sample size of each period and reducing the margin of error.

Data in this research report are our proprietary survey data on:

  • Consumers’ expectations for the US economy over the next 12 months, broken down by income and age group
  • Consumers’ expectations for their own financial situation over the next 12 months, broken down by income and age group
  • Percentage-point (PPT) changes in consumers’ expectations between early October and late November
  • Aggregated monthly data on activities, avoidance, online and in-store shopping, and food and nonfood retailers consumers shopped with, May–November 2023

Companies mentioned in this report include: Aldi, Amazon, Albertsons, Ahold Delhaize, Costco, Dollar General, Dollar Tree/Family Dollar, Kroger, Target, Walmart

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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,” discusses the state of US retail bankruptcies in 2023 and the contributing factors behind a year-over-year increase in bankruptcy filings.

Other relevant research:

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Reasons to Read

We discuss the state of artificial intelligence (AI) today, including generative AI (GenAI), and dive into what’s ahead for 2024. Look at developments in 2023 and the implications for retail of anticipated trends in the year ahead, from sustainability to personalization.

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Reasons to Read

As part of our continuing holiday 2023 coverage, we discuss retail performance in the US on Black Friday (November 24) and Cyber Monday (November 27) with the help of our proprietary survey data. We also offer wider learnings for holiday 2023 and the retail environment in general.

Data in this research report include:

  • Proprietary survey data on if consumers shopped on Black Friday or Cyber Monday
  • Survey data on what categories and retailers consumers shopped on Black Friday and Cyber Monday
  • Store traffic data for Black Friday and Cyber Monday 2023, overall and by segment and retailer
  • Online retail sales data for Thanksgiving, Black Friday and Cyber Monday

Companies mentioned in this research report include: Amazon, Costco, Dollar General, Dollar Tree, eBay, Kohl’s, Macy’s, Sam’s Club, Target, T.J. Maxx, Walmart

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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

Companies mentioned in this research report include: VF Corporation, Dollar General, Frasers Group

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Reasons to Read

Using data from the US Census Bureau, we analyze US retail sales in November 2023, in total and by sector.

Data in this research report are:

  • Year-over-year changes in US total retail sales (excluding gasoline and automobiles), November 2022–November 2023
  • Year-over-year changes in retail sales by sector, October and November 2023

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.
  • 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

Drug Store News held its 25th annual Industry Issues Summit in New York City on December 13, 2023, where industry leaders weighed in on myriad challenges and opportunities.

Read our presentation to discover what lies ahead for retail in 2024, explore the forces reshaping the healthcare landscape, and dive into five consumer-driven trends and their implications for retail in our shopper outlook.

Key topics covered in this presentation include the Ozempic economy, inflation, precision medicine and personalization, malls as wellness hubs, and more.

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Reasons to Read

Retail shrink through theft continues to be a persistent and intensifying headwind for retailers globally. Retailers have increasingly been impacted by a wave of shoplifting and organized retail crime (ORC) that has put a dent in their margins and has become a growing focus for the sector.

We present developments in retail shrink and ORC in the UK, US and Australia in November 2023. We also provide commentary on the topic from the recent earnings calls of selected retailers based in the UK, US and Canada.

Data in this research report include:

  • The scale of retail shrink losses in the US, 2022
  • US-based small retail businesses’ perspectives on retail theft
  • Theft skrinkage rate and value in the UK, 2023

Companies mentioned in this report include: Ahold Delhaize, Coles Group, Dick’s Sporting Goods, Dollar Tree, Five Below, Foot Locker, Kroger, Loblaws, Ulta Beauty

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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 4, 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
  • Avoidance of public places, by type of public place
  • 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

Other relevant research:

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Reasons to Read

We analyze the recent performance of selected retailers, brands and e-commerce platforms (Coresight 100 companies mostly based in the US) in the third quarter of 2023, covering revenues, earnings per share and comps, considering consensus estimates and year-over-year changes.

Data in this report include:

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

Companies mentioned in this report include: Alibaba, Amazon, Albertsons Companies, Bath & Body Works, Best Buy, Clorox Company, Coty, Dollar General, Dollar Tree, The Home Depot, Kroger, Lowe’s, Macy’s, Nordstrom, Target, Walmart

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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 and China e-commerce.

Data in this research report include:

  • US and China—online sales and year-over-year growth, 2020–2024E

Companies mentioned in this report include: Amazon, Alibaba, eBay, JD.com, Shein, Temu, Walmart

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Reasons to Read

The Coresight Research team attended and presented at the AI Summit New York during December 6–7 at the Javits Center. We present key insights on artificial intelligence (AI) from the conference, with AI governance emerging as a hot topic.

Companies mentioned in this report include: IBM, Rev, Revea, Workday

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Reasons to Read

We provide an update on retailers and retail-adjacent companies filing for bankruptcy in the US and the UK.

This report series will be discontinued in 2024. Readers can continue to find regular updates to our bankruptcy lists in our Retail Bankruptcies Databank (which also covers bankruptcies in sectors such as foodservice).

Data in this research report are:

  • Major US and UK retail bankruptcies, April 1–December 11, 2023

Companies mentioned in this report include: Let’s Disco, Musik

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Reasons to Read

Coresight Research held its inaugural AI Conference on December 5, 2023 in New York City. The NextGen Commerce event delved into the power and potential of AI (artificial intelligence), highlighting a broad spectrum of AI use cases.

We present key insights from the conference, covering the benefits of generative AI (GenAI), the use of AI in the supply chain, and more.

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Reasons to Read

Generative AI (artificial intelligence) has the potential to increase profitability for brands and retailers. In this report, we estimate the size and future growth of the global generative AI software market and dive into the technology’s applications in the product launch journey. Explore the benefits of generative AI in areas such as product development and omnichannel marketing.

This report is produced, and made available to non-subscribers of Coresight Research, in partnership with Digital Wave Technology.

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