Reasons to Read

Our 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: 

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Reasons to Read

On 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.
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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 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

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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 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:

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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 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:

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Reasons to Read

Product 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.

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Reasons to Read

The 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:

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Reasons to Read

The 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:

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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 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:

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Reasons to Read

The 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:

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Reasons to Read

US 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

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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 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:

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Reasons to Read

The 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:

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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.

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:

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Reasons to Read

The 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:

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