Reasons to Read

Ozempic, a medication used to treat type 2 diabetes, is gaining strong momentum in the pharmaceutical market due to its ability to manage blood sugar levels and promote weight loss. The increased adoption of Ozempic and other drugs in the GLP-1 drug class reflects a broader consumer shift toward prioritizing health and wellness.

We dive into the implications of widespread GLP-1 drug use on US retail, including the impacts on sectors such as grocery and apparel.

Companies mentioned in this report include: Hershey, Lululemon Athletica, Mondelēz International, NIKE, PepsiCo, 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.

The world’s largest online shopping festival, Singles’ Day, reached its climax last week. Deborah Weinswig, CEO and Founder of Coresight Research, discusses the shopping festival’s performance highlights and its winning combination of discounting, livestreaming and AI (artificial intelligence).

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Reasons to Read

We analyze China’s retail sales for October 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—August, September and October 2023
  • Online retail sales as a proportion of total retail sales for the past 13 months

Other relevant research:

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On November 16, 2023, Deborah Weinswig, CEO and Founder of Coresight Research, presented 10 US consumer and retail trends for the year ahead at Lectra’s Ideation event, in a keynote called “Retail Reshaped Through Key Industry Trends.”

Read the full presentation to take a look back at how Coresight Research’s predictions for 2023 played out and our outlook for key trends in US retail in 2024.

Discover insights on the Ozempic economy, sustainability, fast luxury, retail media, retail shrink, generative AI in retail, and more.

Other relevant research:

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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:

  • 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: Avon, WHSmith

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Reasons to Read

Coresight Research is a global company with offices in seven cities across four continents, bringing unique points of view to our retail research. Our Retail Around the World series presents photographs of retail in action from across the globe, taken by members of the Coresight Research team. This report covers our observations of Singles’ Day 2023.

Companies mentioned in this research report include: Alo Yoga, Carrefour UAE, Daniel Wellington, La Ruta De Via, MAC Cosmetics, Muji, Nykaa

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Reasons to Read

On November 15, 2023, Deborah Weinswig, CEO and Founder of Coresight Research, presented 10 US consumer and retail trends for the year ahead to retail industry executives.

Read the full presentation to dive into key trends for US retail in 2024 across four focus areas: living well, living better, selling smarter, working smarter.

Discover insights and proprietary survey analysis spanning sustainability, the Ozempic economy, retail media and more.

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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.

Data in this research report are:

  • Major US and UK retail bankruptcies, April 1–November 10, 2023

Companies mentioned in this report include: Hello Bello (Unconditional Love), Wiggle, Z Gallerie (DirectBuy Home Improvement)

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Using data from the US Census Bureau, we analyze US retail sales in October 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), October 2022–October 2023
  • Year-over-year changes in retail sales by sector, September and October 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

Our Discount Decades ebook explores the world of discount retailing in the US, covering key players across three sectors—apparel (including off-price), grocery (with a focus on limited-range discounters) and dollar stores (and adjacent discount formats). We discuss retailers’ revenues, profitability, store expansions, demographic profiles, success strategies and future growth potential.

Data in this research report include:

  • Size of the discount landscape and opportunity across the grocery, apparel and dollar store sectors
  • Selected retailers’ total sales and sales growth, 2018–2027E
  • Market share and operating margin data for selected retailers
  • Total store count and square-footage data for selected retailers
  • Proprietary survey data on discount shoppers—age and income breakdowns by selected retailers

Companies mentioned in this report include: Ahold Delhaize, Albertsons, Aldi, Amazon, Big Lots, BJ’s Wholesale Club, Boohoo Group, Burlington Stores, Costco, Dollar General, Dollar Tree/Family Dollar, DSW, Five Below, Grocery Outlet, Kroger, Lidl, Nordstrom Rack, Old Navy, Ollie’s Bargain Outlet, Primark, Ross Stores, Save A Lot, Shein, Target, The TJX Companies, Walmart

Other relevant research:

  • This ebook brings together research from our previously published Discount Decades series of reports. You can read our separate reports on the grocery, apparel and dollar store
  • Visit the Coresight Research Food, Grocery and CPG Retail Hub to explore sector data, reports and company profiles.
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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 crime that has put a dent in their margins and has become a growing focus for the sector.

Continuing our new monthly series on retail shrink and organized retail crime (ORC), we focus on the US, the US and Australia, discussing policies instituted to combat retail crime and providing commentary on the topic from retailers’ earnings calls.

Data in this research report include:

  • The scale of retail shrink losses in the US, 2022
  • Recently released administrative data on shoplifting and retail theft since 2018 in the US, the UK and New South Wales (Australia)
  • Age breakdown of shoplifting offenders and incidents of shoplifting by location type in the US

Companies mentioned in this report include: Albertsons, Coles, Tesco, Tractor Supply, Walgreens Boots Alliance, Woolworths

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Reasons to Read

As part of our holiday 2023 coverage, we discuss the hottest toys for the 2023 holiday season in the US. We discuss retailers’ initiatives to drive toy sales and outline four key trends that we expect to influence toy gifting in the US during the 2023 holiday season.

Data in this report are:

  • Proprietary survey data on US consumers’ holiday toy shopping intentions
  • US quarterly retail sales for hobby, toy and game stores and year-over-year changes (1Q18–2Q23)
  • Year-over-year changes in US quarterly personal consumption expenditure on hobby, toy and games products (1Q18–2Q23)

Companies mentioned in this report include: Amazon, Disney, Hasbro, Macy’s, Target, Toys“R”Us, Walmart

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Our Market Navigator series offers in-depth, data-rich views of a retail, consumer or technology sector. This Research Preview provides an early look at our upcoming Market Navigator report on the US consumer packaged goods (CPG) market, where we will explore the size and trajectory of the market in 2023 and beyond, as well as critical factors impacting market growth. We also discuss e-commerce penetration, distribution channels, the competitive landscape, and key themes and innovators, as well as presenting blue-sky thinking for the market.

Data in this research report include:

  • The size and year-over-year growth rates for the US CPG market for 2018–2027E
  • Average price increases by selected major CPG companies through 2022 and 2023

Companies mentioned in this report include: Clorox, Colgate-Palmolive, Herbalife Nutrition, Johnson & Johnson, Kimberly-Clark, Nestlé, PepsiCo, Procter & Gamble, Reckitt Benckiser, Unilever

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 third-quarter 2023 earnings.

This week, there are highlights from companies that reported in the week ended November 12, 2023, across five sectors: apparel and footwear, beauty, e-commerce, food and grocery, and luxury.

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: Capri Holdings, Coty, Hanesbrands, Qurate Retail, Ralph Lauren, Tapestry, Under Armour, Weis Market

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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 6, 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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