Retail 2024 Sector Outlooks: Ebook

Published – January 2024

The Coresight Research Retail 2024 series of reports looks ahead to the prospects for retail in 2024, exploring key trends by geography (namely, the US, the UK, China and India) and sector. We will also discuss trends in healthcare and technology.

This comprehensive ebook brings together our Retail 2024 Sector Outlooks, presenting directional market insights and themes to watch across multiple retail sectors. We focus primarily on sectors in the US market—apparel and footwear; beauty; CPG; department stores; drugstores; grocery; home and home improvement; and mass merchandisers, warehouse clubs and discount stores—but we also discuss e-commerce in China and the US, as well as the global luxury market.

We also analyze the current state of the US economy, to give context to our insights by sector.

Data in this research report include:

• US macro context—unemployment rate, real disposable income per capita, personal savings rate, home prices, gas prices, consumer spending growth
• Sales growth projections by sector

Introduction

Chapter 1: US Macro Context

Chapter 2: US Apparel and Footwear

• Directional Outlook
• Tailwinds and Headwinds
• Three Themes To Watch in 2024

Chapter 3: US Beauty

• Directional Outlook
• Tailwinds and Headwinds
• Three Themes To Watch in 2024

Chapter 4: US CPG

• Directional Outlook
• Tailwinds and Headwinds
• Three Themes To Watch in 2024

Chapter 5: US Department Stores

• Directional Outlook
• Tailwinds and Headwinds
• Three Themes To Watch in 2024

Chapter 6: US Drugstores

• Directional Outlook
• Tailwinds and Headwinds
• Three Themes To Watch in 2024

Chapter 7: US Grocery

• Directional Outlook
• Tailwinds and Headwinds
• Three Themes To Watch in 2024

Chapter 8: US Home and Home Improvement

• Directional Outlook
• Tailwinds and Headwinds
• Three Themes To Watch in 2024

Chapter 9: US Mass Merchandisers, Warehouse Clubs and Discount Stores

• Directional Outlook
• Tailwinds and Headwinds
• Three Themes To Watch in 2024

Chapter 10: US and China E-Commerce

• US E-Commerce
• China E-Commerce
• Three Themes To Watch in 2024

Chapter 11: Global Luxury

• Directional Outlook
• Tailwinds and Headwinds
• Three Themes To Watch in 2024

Notes

49-page PDF report

Adidas, Albertsons, Alibaba, Amazon, Bath & Body Works, Kering, Big Lots, BJ’s Wholesale Club, Costco, Dollar General, Grocery Outlet, Home Depot, Kering, Kohl’s, Kroger, Lowe’s, LVMH, Macy’s, Nordstrom, Shein, Target, Temu, Ulta Beauty, Walmart

1. US Unemployment Rate (Left Axis; %) and US Average Hourly Wages (Right Axis; %)
2. US Annualized Real Disposable Income Per Capita (Left Axis; USD) and YoY Change (Right Axis; %)
3. Personal Saving Rate (Left Axis; %) and YoY Change (Right Axis; PPTs)
4. New Housing Starts (Left Axis) and Case-Shiller Home Price Index (Right Axis)
5. US Regular All Formulations Gas Price (Left Axis; USD per Gallon)* and University of Michigan Consumer Sentiment Index (Right Axis)
6. US Real and Nominal Consumer Spending Growth (YoY % Change)
7. US Apparel and Footwear Market: Sales (Left Axis; USD Bil.) and YoY Change (Right Axis; %)
8. US Beauty Products Market: Sales (Left Axis; USD Bil.) and YoY Change (Right Axis; %)
9. US CPG: Sales (Left Axis; USD Bil.) and YoY Change (Right Axis; %)
10. US Department Stores: Sales (Left Axis; USD Bil.) and YoY Change (Right Axis; %)
11. US Drugstores and Pharmacies: Sales (Left Axis; USD Bil.) and YoY Change (Right Axis; %)
12. US Grocery Retail Market: Sales (Left Axis; USD Bil.) and YoY Change (Right Axis; %)
13. US Home and Home-Improvement Sector: Sales (Left Axis; USD Bil.) and YoY Change (Right Axis; %)
14. US Mass Merchandisers, Warehouse Clubs and Discount Stores: Sales (Left Axis; USD Bil.) and YoY Change (Right Axis; %)
15. US E-Commerce: Sales (Left Axis; USD Bil.) and YoY Change (Right Axis; %)
16. China E-Commerce: Sales (Left Axis; RMB Bil.) and YoY Change (Right Axis; %)
17. Global Luxury Market: Sales (Left Axis; USD Bil.) and YoY Change (Right Axis; %)