Research | Coresight Research

Europe’s Legacy Retailers Squeezed by Muted Consumer Demand and Structural Shifts: Sector Overview — European Retail

Coresight April 17, 2019

This report covers European retailing, with a focus on the UK, Germany and France. Structural trends challenging middleground legacy retailers include an ongoing attrition of market share to online and discount channels.

Sector Overviews

Sector Overview: Consolidation, Collaboration and Innovation Coming to US Drugstores

Coresight March 8, 2019

Each of our Sector Overview reports provides an essential briefing on a sector or market. In US drugstore retailing. Collaborations and alliances formed last year will manifest synergies in the form of innovation in offerings.

Sector Overviews

Sector Overview: Consumer Packaged Goods — Demand Is Strong, but Companies Must Be Agile to Meet Consumers’ Needs

Coresight March 5, 2019

Each of our Sector Overview reports provides an essential briefing on a sector or market. In this report, we review the global consumer packaged goods (CPG) market.

Sector Overviews

Sector Overview: E-Commerce — Online-Offline Integration in a Winner-Takes-All Sector

Coresight March 1, 2019

Each of our Sector Overview reports provides an essential briefing on a sector or market. This report focuses on e-commerce.

Sector Overviews

Sector Overview: Convenience Stores — As Consumers Seek Ever More Convenience, Digitalization Prevails

Coresight February 21, 2019

The convenience store sector is changing to adapt to consumers who live in an increasingly digitalized world who expect both quality and convenience. E-commerce, hypermarket and supermarket operators are muscling into the space, opening their own smaller retail formats. We expect consolidation as M&A activity continues.

Sector Overviews

Sector Overview: Mass Merchants — Dollar Stores Expand, Mass Merchandisers Digitalize and Costco Widens Its Lead Among Warehouse Clubs

Coresight February 21, 2019

As store closures resume in earnest in 2019, dollar stores are bucking the trend, expanding rapidly. Look for technology to be a deciding factor in the coming years as brick and mortar companies integrate online and offline offerings.

Sector Overviews

Sector Overview: Apparel & Footwear — Consumer Connectivity Changing Sector Landscape

Coresight February 20, 2019

New digital marketplaces have made the apparel and footwear market truly global, giving consumers access to brands and products once available only by traveling. Brands are bringing products to neighborhoods that previously had very little access to the latest fashion trends.

Sector Overviews

Sector Overview: US Department Stores — Off-Price Formats and Marketplaces are Winning (and Millennials are Shopping Department Stores)

Coresight February 18, 2019

U.S. department store sales will shrink 5.8% per year to 2023. In response department stores are expanding off-price, pairing with unique partners and seeking to right-size.

Sector Overviews

Sector Overview: Luxury — New Customers and New Business Models Equals a New Luxury

Coresight February 15, 2019

Rapidly changing consumer attitudes, sophistication and expectations have shaken the status quo in luxury, pushing purveyors into the tech-savvy 21st century. Those that don't keep pace with the new luxury consumers will be left behind.

Sector Overviews

Sector Overview: Beauty Brands and Retailers — Global Companies are Innovating with Independent Brands to Expand Portfolios

Coresight February 14, 2019

The $464 billion global beauty industry is seeing independent brands, diversification of traditional retailers, growth in men and children and new channels such as popups, medical retailers and pharmacies. Consumers are looking for “clean beauty” and dermocosmetics.

Sector Overviews

Sector Overview: Retail REITs — An Industry in Flux

Coresight February 12, 2019

For US retail REITs, occupancy rates are improving, vacancies are decreasing and rent asking rates are increasing, but store traffic and other metrics remain negative. REITs are welcoming non-traditional occupants, particularly food. Just 20% of “A” malls generate 72% of all mall sales in the US.

Sector Overviews

Sector Overview: US Home and Home Improvement Retailers — Mixed Signals in a Time of Bounty

Coresight February 8, 2019

Annual growth in national spending on home improvement and repair is expected to decelerate in 2019, due to rising mortgage interest rates and flat home sales activity, according to the Joint Center for Housing Studies of Harvard University. Despite this deceleration, other indicators such as home prices, permit activity, and retail sales of building materials are expected to continue to strengthen and drive continued increases in spending in 2019.

Sector Overviews

Sector Overview: US Apparel Specialty Retailers — Collaborations Are the New Normal

Coresight February 1, 2019

In 2018, U.S. apparel and footwear specialty retailers’ sales totaled $197 billion, according to Euromonitor International, and its analysts forecast sector sales will grow at a CAGR of 3.3% to 2023, reaching $232 billion. Relative to the recent past, 2018’s results were strong. Sportswear and athleisure are driving specialty apparel and footwear sales. We see areas of opportunity in the lingerie and plus-size categories. We expect specialty retailers to continue exploring collaborations, partnerships and global expansion – particularly into China and India.

Sector Overviews

Sector Overview: North American Food Retailers — Cross-Channel Retailing Is Emerging as the Dominant Model

Coresight January 31, 2019

Each Sector Overview report provides an analysis of a particular retail sector or consumer market. This report covers the North American grocery sector, concentrating on the US. Our coverage focuses on supermarket retailers with some discussion of other grocery channels. Mass merchandisers, warehouse clubs and discount stores are covered in a separate Sector Overview report.

Sector Overviews

Sector Overview: European Retail — Germany’s Shoppers Cut Back

Coresight January 8, 2019

Apparently alarmed by world events such as Brexit and tariff wars, and in a context of slowly climbing inflation, German consumers have retrenched their discretionary spending. The latest available data from Destatis, the German national statistics office, show that retail sales across a number of sectors declined year over year in many (or, in some cases, all) of the first nine months of 2018. These sectors include department stores, clothing retailers, footwear specialists, electronics stores, floor-coverings retailers, appliance specialists and furniture retailers. Retail sales growth was tepid at best at DIY retailers over the period. The internet pure-play and mail-order