Deep Dive | October 25, 2023 Databank Members Inflation Concerns Persist and Dollar Stores Thrive: US Consumer Survey Insights 2023, Week 43We assess how inflation worries are affecting US consumers’ shopping behaviors as holiday shopping begins. Our weekly US Consumer Survey Insights series presents an update on US consumers’ behaviors and sentiment. Read More
Insight Report | October 25, 2023 Premium Holiday 2023: Social Media Strategies—Shoppable Posts and Creator-Generated Content Can Drive ConversionWe explore the dynamic landscape of holiday marketing on social media, delving into key strategies and insights for brands and retailers to achieve success during the holiday 2023 season. Read More
Insight Report | October 24, 2023 Premium Generative AI Latest: Indemnity for Platform Users; Image-Generation Updates from Adobe and CanvaContinuing our new Generative AI Latest series, we present recent developments and notable trends in generative AI (artificial intelligence) globally—including the latest funding updates, indemnity for platform users and new features from graphic design giants Adobe and Canva. Read More
Insight Report | October 24, 2023 Premium Flipkart Big Billion Days 2023: Wrap-Up—Value, Technology and Convenience Take the LeadIndia-based online marketplace Flipkart hosted the 10th iteration of its annual flagship shopping event, Big Billion Days (BBD), on October 8–15, 2023. We present key trends and insights from BBD 2023 based on our observations and key insights released by Flipkart via a company statement on October 15, 2023. Read More
Deep Dive | October 23, 2023 Databank Members Diverging Trends During China’s National Day Celebrations: China Consumer Survey InsightsWe explore Chinese consumer behavior during the National Day Golden Week public holiday and the implications for retail. Our weekly China Consumer Survey Insights series presents an update on Chinese consumers’ levels of activity and sentiment. Read More
Insight Report | October 23, 2023 Premium September 2023 UK Retail Sales: Growth Slows Amid Continuing Cost of Living Pressures and Unseasonably Warm WeatherIn September 2023, UK retail sales (excluding automotive fuel) grew 6% year over year. Using data from the Office for National Statistics, we look at total and online growth trends and performance by sector. Read More
Analyst Corner | October 22, 2023 Register for Free Access Weinswig’s Weekly: Elevated Gasoline Prices and the Pressures on Consumer WalletsGasoline prices remain a risk factor for US retail as we head further into the holiday quarter and closer to 2024. This week’s note, “From the Desk of Deborah Weinswig,” discusses the prospects for US gasoline prices and the consumer context for recently increasing gas prices. Read More
Insight Report | October 20, 2023 Premium Rite Aid Bankruptcy: What Does It Mean for Rivals?Rite Aid filed for bankruptcy on October 15, 2023. We cover the reasons behind it and the bankruptcy’s implications for Rite Aid’s competitors. Read More
Store Tracker | October 20, 2023 Databank Members Weekly US and UK Store Openings and Closures Tracker 2023, Week 42: US Store Openings Surpass 5,000Our Weekly US and UK Store Openings and Closures Tracker reports on store closures, openings and bankruptcies. This week includes highlights from 7-Eleven and Aldi, among others. Read More
Insight Report | October 20, 2023 Premium September 2023 China Retail Sales: Growth Continues To StrengthenWe review the latest data for retail sales in China, showing that in September 2023, year-over-year growth improved, continuing the upward trend seen since July. Our report analyzes retail sales in total and by sector. Read More
Insight Report | October 20, 2023 Premium US and UK Retail Bankruptcies Latest, October 2023: Rite Aid Files for BankruptcyWe provide an update on the latest retail bankruptcies in the US and the UK, including developments from Rite Aid, Showfields and Shift Technologies. Read More
Insight Report | October 17, 2023 Premium September 2023 US Retail Sales: Retail Spending Outpaces Retail Inflation as Consumers Remain HealthyIn September 2023, US retail sales (excluding gasoline and automobiles) grew 2.2% year over year. Using data from the US Census Bureau, we look at total growth trends and performance by sector. Read More
Deep Dive | October 17, 2023 Databank Members Calm Before Holiday Shopping Season Begins: US Consumer Survey Insights 2023, Week 42We assess what could be the last week of stable consumer behavior ahead of the holiday retail season. Our weekly US Consumer Survey Insights series presents an update on US consumers’ behaviors and sentiment. Read More
Insight Report | October 16, 2023 Premium Retail Shrink and ORC: Self-Checkout and Store Closures, the INFORM Consumers Act, US Retailer CommentaryIn this first report in our new monthly series on retail shrink and organized retail crime (ORC), we discuss the size of the inventory shrink challenge in the US and present developments in theft and related incidents in the US and the UK from the past few months. We also provide commentary on the topic from US retailers’ recent earnings calls. This report covers the INFORM Consumers Act, Target’s store closures, Walmart’s self-checkout closures and more. Read More
Analyst Corner | October 15, 2023 Register for Free Access Weinswig’s Weekly: Three Trends About the US Return to Office You Don’t Already KnowThis week’s note, “From the Desk of Deborah Weinswig,” discusses three major retail-related trends about the US return to office that you may have missed. Read More