Analyst Corner 15 minutesRegister for Free AccessWeinswig’s Weekly January 5, 2018 Coresight Research January 5, 2018 Executive Summary This week’s note “From the Desk of Deborah Weinswig” discusses the retail outlook for 2018, which is likely to bring a continuation of trends seen in 2017. The holiday shopping season, a crucial period for retailers, can account for up to 40% of annual sales. The season brought record-breaking online and in-store spending of more than $800 billion this year, according to Mastercard’s analytics arm. More than 12,000 stores are expected to close in 2018—up from roughly 9,000 in 2017, according to Cushman & Wakefield. A rash of bankruptcy filings and store closures is expected at the start of the year. Marks & Spencer has sold its 27-store retail business in Hong Kong and Macau to UAE-based Al-Futtaim Group, which now runs 72 Marks & Spencer stores across 11 markets. Please Login to read the full report. Not a member? Register for a free user account. This document was generated for Other research you may be interested in: China Consumer Tracker: More Consumers Are Making Discretionary PurchasesWeekly US and UK Store Openings and Closures Tracker 2023, Week 49: Over 300 Rite Aid Closures Year to DateEarnings Insights 1Q23, Week 4: Ross Stores, TJX and Walmart Post Strong Results; Alibaba Sees Slow GrowthOff-Price and Dollar-Store Shopping in Focus—TJX and Dollar Tree Rank as Top Choices: US Consumer Survey Insights