June 3, 2019 Deep Dive Premium Millennials and BeautyMillennials, born between 1980 and 2000, are particularly important for the beauty market due to the sizeable consumer base they represent and their growing spending power.
May 21, 2019 Deep Dive Premium Understanding Fresh Food E-Commerce in ChinaThe gross merchandise volume (GMV) of China’s fresh food e-commerce market is expected to increase 160% to ¥162.0 billion in 2019 from ¥62.2 billion in 2016, according to iiMedia.
May 16, 2019 Deep Dive Premium Luxury Differentiation via (Social) Values, Sustainability and Limited-Run CollaborationsLuxury brands are employing social values, sustainability and limited-run collaborations to enhance their brand positioning and attract new luxury consumers.
May 15, 2019 Deep Dive Premium Coresight Matrix: Computer Vision Solutions for Product SearchCoresight Matrix is a new product series designed to help our subscribers better understand a number of segments and key players within the retail-technology industry. The first of the series focus on computer vision, which has seen rapid adoption in retail over the last few years.
May 14, 2019 Deep Dive Premium US Online Grocery Survey 2019Our second annual survey of grocery shopping habits found that while more than one-third of US consumers now buy groceries online, 72% of those shoppers direct only a small amount of their total grocery spend online.
May 13, 2019 Insight Report Premium Six Months to Singles’ Day: Is 11.11 on Your Calendar?As we approach mid-year 2019, brands and retailers must plan now to ensure their products, logistics, warehouse space and marketing efforts are timely for this year’s 11.11.
May 9, 2019 Market Navigators/Market Outlook Premium US Furniture Market 2019This report outlines the current landscape of the $114B US furniture and home furnishing industry, the changing behavior of the US consumer (including millennials), and profiles retailers that have innovated with new business models, technology and operational strategies.
May 7, 2019 Insight Report Premium Retail-Tech Landscape: BlockchainThis retail-tech landscape lists notable blockchain startups focusing on retail applications including supply chain, traceability, Internet of Things (IoT) integration and payments.
May 2, 2019 Insight Report Premium Alibaba and JD.com Battle it Out for Dominance of China’s Online Luxury MarketAlibaba and JD.com have operated app-only luxury channels since 2017: Tmall Luxury Pavilion and Toplife, respectively. Both channels have enlisted over 100 brands to sell their wares so far.
April 30, 2019 Insight Report Premium In China, Luxury Brands Turn to Pop-Up Stores to Offer Experiences and Build Their Brands with Younger ConsumersPop-up stores represent a way for luxury brands to engage with customers, showcase limited edition products, offer personalized experiences and demonstrate brand identity with a low-cost, physical presence. This report uses luxury brands’ pop-up stores in China as examples.
April 23, 2019 Insight Report Premium BOPIS Survey: What Are US Consumers Picking Up In Stores and from Which Retailers?Some 46% of US online shoppers have collected one or more online purchases from a physical store in the past 12 months. BOPIS users are slightly younger and more affluent than the average online shopper.
April 18, 2019 Store Tracker Databank Members Weekly US and UK Store Openings and Closures Tracker 2019, Week 16: Aldi to Open 15 New Supermarkets; In the UK, Primark Opens World’s Largest Fashion StoreYear to date in 2019, US retailers have announced 5,994 store closures and 2,647 store openings. UK retailers have announced 322 store closures and 352 store openings.
April 17, 2019 Insight Report Premium US Easter Preview 2019: Consumer Spending Estimated to Total $18.1 Billion This YearSome 79% of US consumers plan to celebrate Easter this year and to spend a total of $18.1 billion on shopping related to the occasion, slightly short of last year’s total of $18.2 billion, according to an annual spending survey from the National Retail Federation (NRF) and Prosper Insights & Analytics.
April 17, 2019 Insight Report Premium March 2019 US Monthly Retail Traffic and In-Store Metrics Report: Traffic Decline SteepensUS store traffic declined 7.9% year over year in March. Year over year, the conversion rate fell 0.4 percentage points, average transaction value (ATV) grew 3.3% and the product return rate decreased by 0.3 percentage points.
April 15, 2019 Deep Dive Premium US Millennials and Grocery: An Aging Millennial Demographic is Creating an Older/Younger DivideYounger millennials shop at mass merchandisers, spend on wellness and fitness, and try to buy consciously. Millennials aged 30+ are more likely than their younger peers to look for savings, shop at traditional supermarkets and buy groceries online.