At midyear, we take stock of the major trends we identified in January to see how they have played out in global retail in the first half of 2019, and identify two new trends we think will be significant in later 2019 and into 2020.
Alibaba’s supermarket chain Freshippo’s introduction of Pick’n Go leverages China’s growing away-from-home-breakfast market, expected to be worth ¥840 billion (around $126 billion) by 2021. The new store format is also part of Freshippo’s effort to diversify its revenue streams.
Several major trends have solidified in the first half of 2019. The new e-commerce law has driven customers to buy though official, regulated channels, putting daigou on a downward trajectory.
We look at the growing importance of sustainability in retail and, using the results of a consumer survey, we offer a case study of a sustainably positioned retail business — Watermill Express.
Coresight Research estimates the woman’s plus-size clothing market in the US is approximately $30.7 billion in 2019. Women who wear plus sizes spend less per capita on apparel and live in lower income households relative to the overall female population.
We look at recent exhibitions by luxury brands and their impact, particularly on social media. These exhibitions suit the current trend and the needs of Chinese consumers in terms of the "clock in" culture and "taste upgrade" on social media.
IVAs can improve supply chain operations by cutting labor costs and enabling faster and more accurate service delivery, ultimately leading to better customer experiences. Companies such as Alibaba and Aramex have been employing IVAs to improve supply chain efficiency.
In May, US wage growth softened a little, as did inflation; UK retail sales were weak; and China retail sales growth picked up to 8.6%, but inflation was high in food.
The Xcel Brands x Coresight Research Monthly Fashion Trend Report highlights the fashion trends that are just emerging, growing quickly or hitting maturity
The Internet of Things can improve supply chain operations by controlling the quality of goods, making predictive maintenance possible, the logistics processes more efficient and deliveries more accurate.
The Fashion Trend Monthly Data Report report accompanies the Xcel Brands x Coresight Research Monthly Fashion Trend Report.
This report explores the senior population in the US, its spending power and spending habits. We also look at senior spending in core retail categories compared to average household spending to understand how seniors allocate their budgets.
Blockchain is a promising technology that offers improvement to retailers’ supply chains through better traceability of products, prevention of counterfeiting and improved customer experience.
Chinese consumers have higher expectations than ever before: They are more digital than their Western counterparts, have rising incomes and are experiencing an explosion in retail and product options.
Father’s Day Gift Ideas from Innovative Companies Emphasize Personalization, Sustainability, Subscriptions and Grooming
Coresight Research has selected five inspiring Father’s Day gift ideas from innovative brands including GiftNow, Same But Different, MYRO, Birchbox Grooming, and OneBlade.