Insight ReportEarnings Insights 3Q23, Week 6: Dollar Tree, PVH and Ulta Beauty Report Positive Sales Growth; Big Lots, Kroger and Petco See Sales Decline Madhav Pitaliya, Analyst Sector Lead: Anand Kumar, Associate Director of Retail Research December 7, 2023 Reasons to ReadOur weekly Earnings Insights reports feature highlights from recent management commentary from major US retailers within our Coresight 100 coverage list as they report third-quarter 2023 earnings. This week, there are highlights from companies that reported in the week ended December 3, 2023, across six sectors: apparel and footwear, department stores, electronics retailers, home and home-improvement, specialty apparel and warehouse clubs. 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: Academy Sports and Outdoors, Big Lots, Dollar Tree, Five Below, Foot Locker, Kroger, Petco Health and Wellness Company, PVH, Ulta Beauty Other relevant research: Earnings Insights 3Q23, Week 5: Burlington and Urban Outfitters Report Solid Results; Kohl’s, Lowe’s and Others See Sales Decline Earnings Insights 3Q23, Week 4: Alibaba, Walmart and More Report Positive Sales Growth; Gap, Macy’s and Others See Sales Decline Earnings Insights 3Q23, Week 3: Coty and Ralph Lauren Report Positive Sales Growth; Capri Holdings, Hanesbrands and Qurate Retail See Sales Decline Earnings Insights 3Q23, Week 2: Crocs, CVS and Colgate-Palmolive Report Strong Results; Carter’s, Clorox, Estée Lauder and VF Corporation See Sales Decline Earnings Insights 3Q23, Week 1: Deckers, Skechers, L’Oréal and Procter & Gamble Report Solid Results; Amazon Sees Further Improvement in Online Sales The Coresight 100 list Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in:From Prohibition to Participation: Measuring the Impact of Cannabis and Psychedelic Mushroom Legalization on Consumer SpendingAnalyst Corner: Three Key Predictions for India Retail in 2025, with Sujeet NaikRetail 2025: 10 Trends in Retail TechnologyInnovator Profile: Chimeable—Generating Authentic Reviews and Scaling User Videos Through Social Media Syndication
Event PresentationNextGen Commerce, a Coresight Research Conference, December 2023: Agenda and Speaker Details Coresight Research December 6, 2023 Reasons to ReadOn December 5, 2023, Coresight Research hosted the inaugural NextGen Commerce conference, with the focus “Revolutionizing Retail with Artificial Intelligence.” The event saw industry experts, retailers, brands and technology innovators come together to explore the power and potential of AI (artificial intelligence) in retail, highlighting a broad spectrum of AI use cases. From the supply chain to the customer experience, this transformative conference delved into the tAI and generative AI-powered transformation of retail. This presentation from NextGen Commerce details the conference agenda, sponsors and esteemed speakers. Other relevant research: Read in-depth insights from the NextGen Commerce conference in our comprehensive recap report. Access all Coresight Research coverage of generative AI here. Visit the Coresight Research Retail Technology Hub to explore reports, data and competitive landscapes on technology. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in:US Online Grocery Survey 2025: Full-Basket Orders Increase as Delivery Retains Its Dominance—InfographicInflation Up, Sentiment Down: Alarm Bells for the US Consumer Economy?Head-to-Head in US Department Stores: Kohl’s vs. Macy’sEarnings Insights 1Q25, Week 3: E-Commerce Sees Solid Results as Amazon, Coupang, Zalando and More Report Growth—Infographic
Deep DiveMalls Enjoy Black Friday Boost: US Consumer Survey Insights 2023, Week 49 Aditya Kaushik, Analyst December 6, 2023 Reasons to ReadThe 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 November 27, 2023. We explore consumer shopping behavior over Black Friday weekend and discuss new consumer pessimism about their financial situations in 12 months’ time. 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 their personal financial situation and the economy overall 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: US Black Friday 2023: Early Read—Store Traffic Exceeds Expectations Despite Lack of Doorbusters Holiday 2023: Black Friday Insights from Store Visits in the US and the UK Read the full series of US Consumer Survey Insights reports The Coresight Research US Consumer Survey Databank provides additional insight into US consumer behaviors from our weekly surveys. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in:Holiday Bites: Toys and Games Show Resilience and AI Suitability—Data GraphicEarnings Insights 1Q25, Week 4: Alibaba, Walmart and Others Report Sales Growth While Under Armour Reports Sales Decline—InfographicHigh-Income Consumers’ Financial Sentiment Reaches New Peak: Weekly US Consumer Sentiment, Week 24, 2025—InfographicTariffs + Consumer Sentiment: A Timeline, 2025—Data Graphic
Market Navigators/Market OutlookUS Grocery—Retail 2024 Sector Outlook: Growth To Soften Amid Declining Inflation Sujeet Naik, Analyst Sector Lead: Anand Kumar, Associate Director of Retail Research December 6, 2023 Reasons to ReadThe 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 grocery retailing. Data in this research report include: US grocery retail market—sales and year-over-year growth, 2020–2024E E-commerce sales growth projections Companies mentioned in this report include: Albertsons, Aldi, Ahold Delhaize, Grocery Outlet Other relevant research: Look out for further reports in our Retail 2024 series, including sector outlooks for drugstores, mass merchandisers and discount stores, and more. Ebook: Discount Decades Five Ways AI Is Being Used in Grocery Retail All Coresight Research coverage of grocery retail Visit the Coresight Research Food, Grocery and CPG Retail Hub to explore sector data, reports and company profiles. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Purchase this report. Buy Now This document was generated for Other research you may be interested in:Weekly US Store Openings and Closures Tracker 2025, Week 35: Netflix Heads to the Mall as Claire’s Shutters Nearly 300 StoresWeekly UK Store Openings and Closures Tracker 2025, Week 16: B&M and Tesco Provide Store-Opening PlansWeekly US Store Openings and Closures Tracker 2025, Week 36: Bath & Body Works and Ollie’s Bargain Outlet To Open Additional StoresFinancial Confidence Improves: Weekly US Consumer Sentiment, Week 25, 2025—Infographic
Market Navigators/Market OutlookUS Mass Merchandisers, Warehouse Clubs and Discount Stores—Retail 2024 Sector Outlook: Slower Growth; Stronger Focus on Essentials Sujeet Naik, Analyst Sector Lead: Anand Kumar, Associate Director of Retail Research December 6, 2023 Reasons to ReadThe 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 mass merchandise, warehouse club and discount store retailing. Data in this research report include: US mass merchandisers, warehouse clubs and discount stores—sales and year-over-year growth, 2020–2024E E-commerce sales growth projections Companies mentioned in this report include: Aldi, Big Lots, BJ’s Wholesale Club, Costco, Dollar General, Dollar Tree, Grocery Outlet Other relevant research: Look out for further reports in our Retail 2024 series, including sector outlooks for drugstores, grocery and more. Ebook: Discount Decades All Coresight Research coverage of mass merchandisers, warehouse clubs and discount stores Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Purchase this report. Buy Now This document was generated for Other research you may be interested in:Three Data Points We’re Watching This Week, Week 13: Dollar Tree, Inc. To Sell Family DollarWeekly UK Store Openings and Closures Tracker 2025, Week 34: The Sleep Haven Files for AdministrationRolling Metric Sentiment Declined This Week: Weekly US Consumer Sentiment, Week 36, 2025—InfographicThe Changing Consumer: Insights Presented by Deborah Weinswig at YPO Retail CEO Summit
Deep DiveDigital Merchandising Strategies: The Power of Automation and 3D Product Imagery in Retail Manik Bhatia, Head of Custom Research Sector Lead: Steven Winnick, Vice President—Innovator Services December 6, 2023 Reasons to ReadProduct imagery in e-commerce is an important asset for conveying information to customers effectively and efficiently. What are the challenges that brands and retailers face in producing and managing product visuals for e-commerce, and how can they benefit from using CGI (computer-generated imagery)? Explore our proprietary survey findings to gain valuable insights into the power of automation and 3D product imagery in digital merchandising. This report is produced, and made available to non-subscribers of Coresight Research, in partnership with Nfinite. Other relevant research: Previous Coresight Research x Nfinite research, CGI and 3D Product Imagery: The Future of Visual Merchandising in E-Commerce In our webinar on March 22, 2023, Coresight Research and Nfinite explored the major challenges that e-commerce merchandisers are facing and how new technologies such as artificial intelligence (AI) and machine learning (ML) can help solve them. Watch the on-demand replay of this event here! Non-subscribers can access the report by completing the form on this page. The report will arrive in your inbox upon completion of the form. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in:Weekly UK Store Openings and Closures Tracker 2025, Week 44: Shoe Zone Closes StoresWeekly US Store Openings and Closures Tracker 2025, Week 44: Carter’s To Close 150 StoresEarnings Insights 1Q25, Week 7: Dollar Stores See Growth Amid Tariff Pressures—InfographicFinancial Confidence Reaches Five-Month High: Weekly US Consumer Sentiment, Week 26, 2025—Infographic
Deep DivePlaybook: Six Quick Wins in Generative AI John Harmon, CFA, Managing Director of Technology Research December 5, 2023 Reasons to ReadThe Coresight Research Playbook series provides recommendations for brands, retailers and marketplaces seeking to tap growth segments and emerging trends. This Playbook provides critical strategies for companies to harness the power of generative AI in retail, covering product development, personalized marketing, employee productivity and more. Gain a competitive edge in the fast-paced retail landscape with these quick wins in generative AI! Data in this research report include: Estimated global generative AI software market size, 2023–2027 Proprietary survey data on whether US consumers have seen or produced AI-generated content Companies mentioned in this report include: Glean, Jasper AI, Levi’s, SAP, The Coca-Cola Company Other relevant research: We presented our insights from this Playbook at the AI Summit New York 2023. Read the full presentation here. The Coresight Research CORE framework for generative AI in retail The Retail Buzz Around Generative AI—Infographic All Coresight Research coverage of generative AI in retail Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in:High-Income Consumers Drive Uptick in Financial Optimism; Inflation Awareness Down Versus Early 2025: US Consumer Survey InsightsWeekly UK Store Openings and Closures Tracker 2025, Week 29: New Look Closes Additional StoresHoliday Shopping Starts in the Summer: Tariffs Trigger Ultra-Early Holiday Shopping in 2025—Data GraphicAnalyst Corner: Five Back-to-School Shopping Trends to Watch, with Madhav Pitaliya
Deep DiveNovember 2023 US Housing Market Indicators: Mortgage Rates Ease Prerana P Kotian, Data Analyst December 4, 2023 Reasons to ReadThe Coresight Research US Housing Market Indicators series analyzes the current housing market landscape in the US, based on a range of metrics. We identify the factors influencing the industry and resulting in changes in supply and demand with inputs for the retail sector. This report analyzes the latest data available as of the end of November 2023. Data in this report include: US housing permits, starts and completions US existing home sales US Pending Home Sales Index US new home sales US Housing Affordability Index Other relevant research: Analyzing the US Home and Home-Improvement Sector Through the Lens of the BEST Framework The previous US Housing Market Indicatorsreport Our complete coverage of home and home-improvement retail View our full collection of monthly reports, which 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. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in:Rolling Metric Picks Up After Last Week’s Dip: Weekly US Consumer Sentiment, Week 29, 2025—InfographicGroceryshop 2025 Day Three: Driving Grocery’s Future with AI, New Revenue Models and Unified VisionFive Ways Brands and Retailers Can Use AI/ML and Shared Data to Energize End-to-End Product ManagementWeekly US Store Openings and Closures Tracker 2025, Week 32: Claire’s Files for Bankruptcy—Potentially 1,137 Stores To Close
Deep DiveIncreased Avoidance of Public Places: China Consumer Survey Insights Echo Gong, Senior Analyst December 4, 2023 Reasons to ReadThe 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 November 20, 2023. Data in this research report are: Avoidance of public places, by type of public place—latest data and one-and four-week PPT changes Activities that consumers have done in the past two weeks 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: Read the full series of China Consumer Survey Insights reports Key Festivals and Holidays for Promotional Campaigns in China in 2023: Calendar Retail 2023: 10 Trends in China E-Commerce Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in:Retail Crime and Shrink: More Shoppers Say No to Locked-Up Merchandise; Self-Checkout Gets a MakeoverGroceryshop 2025 Day One: AI Drives Smarter Operations as Shoppers Seek Value and WellnessChinese New Year 2025 Review: From Shopping to Screens—How Younger Consumers Boosted Spring Festival SpendingUS Store Tracker Extra, August 2025: At Home, Claire’s and Office Depot Closures Add 4+ Million Square Feet to Total Closed Retail Space
Insight ReportUS CPG Sales Tracker: Beauty Slows Sharply, While Online Grocery Growth Continues To Decelerate Prerana P Kotian, Data Analyst Sector Lead: John Mercer, Head of Global Research and Managing Director of Data-Driven Research December 4, 2023 Reasons to ReadThe 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 & beverage, health & beauty, and general merchandise & homecare. This edition of the report presents five key insights from the four weeks ended November 5, 2023. Data in this research report include: CPG e-commerce, in-store and total sales growth E-commerce CPG sales growth by category type Food & beverage departments: e-commerce and total sales growth Nonfood departments: e-commerce and total sales growth Other relevant research: More reports in our US CPG Sales Tracker series Visit the Coresight Research Food, Grocery and CPG Retail Hub to explore sector data, reports and company profiles Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in:Weekly US Store Openings and Closures Tracker 2025, Week 44: Carter’s To Close 150 StoresThree Data Points We’re Watching This Week, Week 14: What US Consumers Think About TariffsInflation Awareness Rises; Economic Sentiment Falls to Six-Month Low: US Consumer Survey InsightsRetail 2025: India Retail Predictions—Midyear Trends Update
Insight ReportHoliday 2023: Delving Into Key Service Category Trends in the US Sujeet Naik, Analyst Sector Lead: Anand Kumar, Associate Director of Retail Research December 4, 2023 Reasons to ReadUS consumer spending on major discretionary services has shown resilience over the years, adjusting to pandemic challenges and rebounding with positive growth in subsequent periods. We discuss key service category trends for the 2023 holiday season in the US, drawing from our proprietary survey data and store traffic information from Placer.ai, a third-party location analytics provider. Data in this research report include: US consumer spending on major discretionary services, 4Q18–4Q23E Proprietary survey data on US consumers’ holiday 2023 spending expectations for goods and services, as well as their post-Thanksgiving travel plans Foot traffic data for selected service categories, October 2022–October 2023 Companies mentioned in this report are: H-E-B, Kroger, Lululemon, Neiman Marcus, Nordstrom, Wegmans Other relevant research: Holiday 2023: US Retail Outlook Summary Update Holiday 2023: Black Friday Insights from Store Visits in the US and the UK All Coresight Research coverage of US holiday retail The Coresight Research US Holiday Retail 2023 Databank tracks key retail metrics for the holiday season. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in:Amazon Bids to Acquire TikTok—What It Means for US E-CommerceUnlocking Success: The Pathway to Profitability for US Brands and RetailersHigh Earners Drive Economic Sentiment Higher: Weekly US Consumer Sentiment, Week 35, 2025—InfographicGroceryshop 2025 Day One: AI Drives Smarter Operations as Shoppers Seek Value and Wellness
Insight ReportUS Apparel and Beauty Spending Tracker, October 2023: Clothing and Footwear Spending Up Low Single-Digits; Beauty Spending Growth Remains Resilient Sunny Zheng, Analyst December 4, 2023 Reasons to ReadThe 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 October 2023, showing that clothing and footwear spending increased by 1.9% year over year. Data in this report include: US consumer spending on clothing and footwear year-over-year percentage change, October 2022–October 2023 US consumer spending on clothing by category year-over-year percentage change, October 2022–October 2023 US consumer spending on footwear year-over-year percentage change, October 2022–October 2023 US consumer spending on selected beauty categories year-over-year percentage change, October 2022–October 2023 Other relevant research: The previous US Apparel and Beauty Spending Tracker, with September 2023 data The Coresight Research monthly reports collection Coresight Research coverage of the apparel and footwear market Visit the Coresight Research Fashion and Luxury Hub to explore sector data, reports and company profiles. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in:Shoptalk Spring 2025: Day Three—Community Building, Earning Loyalty and Enhancing Search Are Top of MindAugust 2025 US Retail Sales: Growth Normalizes as July’s Promotional Boost FadesThree Months to Singles’ Day 2025: Simplified Promotions, Government Support and Payment Ecosystem Convergence To Fuel GrowthWeekly US Store Openings and Closures Tracker 2025, Week 18: Skechers To Close Multiple Stores; Whole Foods Market To Open Smaller-Format Stores
Insight ReportUS CPG Sales Tracker: Lowest In-Store Sales Growth Rate in Two Years Prerana P Kotian, Data Analyst Sector Lead: John Mercer, Head of Global Research and Managing Director of Data-Driven Research December 4, 2023 Reasons to ReadThe 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 & beverage, health & beauty, and general merchandise & homecare. This edition of the report presents five key insights from the four weeks ended October 8, 2023. Data in this research report include: CPG e-commerce, in-store and total sales growth E-commerce CPG sales growth by category type Food & beverage departments: e-commerce and total sales growth Nonfood departments: e-commerce and total sales growth Other relevant research: More reports in our US CPG Sales Tracker series Visit the Coresight Research Food, Grocery and CPG Retail Hub to explore sector data, reports and company profiles Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in:Economic and Financial Sentiment Stabilizes: Weekly US Consumer Sentiment, Week 14, 2025—InfographicAgentic Commerce: How Retailers Can Make Their Products Discoverable and Shoppable for 800 Million ChatGPT UsersHoliday 2024: US Retail Wrap-Up—Apparel and Amazon Dominate SpendingAnalyst Corner: Controversy Persists Around Price Gouging with Electronic Shelf Labels, with John Harmon
Analyst CornerWeinswig’s Weekly: Pioneer the Future of Retail at NextGen Commerce, a Coresight Research AI Conference Mara Dosso, Events Director December 3, 2023 Reasons to ReadEach 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. Join us to explore the cutting-edge applications of AI (artificial intelligence). This week’s note, “From the Desk of Deborah Weinswig,” looks forward to NextGen Commerce, a Coresight Research AI Conference, which will take place on December 5, 2023. Other relevant research: Register for NextGen Commerce and view the full conference agenda here. All Coresight Research coverage of generative AI in retail Stay tuned to the Retaili$tic podcast for weekly retail insights and inspiration. Read previous Weinswig’s Weekly reports, including last week’s, which discusses people’s shorter attention spans and the implications for clients in retail. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in:4Q24 Earnings Season Wrap-Up: Which Companies Missed, Beat and Fell in Line with Expectations?—InfographicWeekly US Store Openings and Closures Tracker 2025, Week 30: Claire’s Reportedly Plans to File for BankruptcyThe STORE Framework for Driving Innovation in RetailWeekly US Store Openings and Closures Tracker 2025, Week 21: US Store Closure Cross 5,000 as Rite Aid Begins Closing Stores
Deep DiveUS, UK, EU & China Quarterly Economic Update, 3Q23: Growth in the US, France and China as Possibility of German Recession Looms Royce Baretto, Analyst Sector Lead: Anand Kumar, Associate Director of Retail Research December 1, 2023 Reasons to ReadThe Coresight Research Quarterly Economic Update discusses macroeconomic indicators—GDP, consumer spending and inflation—from the US, the UK, the EU (European Union) and China. In this report, we look at the third quarter of 2023 (3Q23), using the latest data available as of November 22, 2023. Data in this report include: GDP—quarter-over-quarter changes in the US, the UK, France, Germany, the EU and China Consumer spending—quarter-over-quarter changes in US seasonally adjusted personal consumption expenditure, UK real household final consumption expenditure and real final consumption expenditure in France and Germany Inflation—three-month averages for US CPI annual rates, UK CPIH annual rates and annual inflation rates in the EU, France, Germany and China Other relevant research: The previous report in the series: US, UK, EU & China Quarterly Economic Update, 2Q23: Consumer Spending Growth Weakens in Many Countries Despite Easing Inflation 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. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in:Shoptalk Fall 2025 Day One: Building Resilience Through Agility, AI and Authentic Connections to Thrive in Volatile TimesSingles’ Day 2025: Three Trends To Look For as AI Moves Center StageSector Focus: Department Stores—Data GraphicLower-Income Sentiment Continues to Weaken; Plus, Off-Price and Dollar Stores in Focus: US Consumer Survey Insights