Insight ReportKroger-Albertsons Merger in Jeopardy as FTC Sues To Block the Deal Sujeet Naik, Analyst Sector Lead: Anand Kumar, Associate Director of Retail Research February 29, 2024 Reasons to ReadThe FTC has filed a lawsuit to block the Kroger-Albertsons merger. We detail this development and its implications for national grocery chains, regional grocers and CPG suppliers. Data in this research report include: Top Five US Grocery Retailers’ Revenue (USD Bil.), CAGR and YoY % Change Companies mentioned in this report include: Albertsons, Amazon, Costco, H-E-B, Kroger, Publix, Walmart, Wegmans Other relevant research: Kroger and Albertsons To Divest 413 Stores to C&S Wholesale Grocers in a $1.9 Billion Deal Kroger and Albertsons Announce Merger: Details, Data and Implications Market Navigator: US Grocery Retailing Visit the Coresight Research Food, Grocery and CPG Retail Hub to explore sector data, reports and company profiles. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for
Insight ReportFebruary 2024 Leading Indicators of US Retail Sales: Easing Inflation Signals Positivity for Retail Sales Growth Madhav Pitaliya, Analyst February 29, 2024 Reasons to ReadThe monthly Coresight Research Leading Indicators of US Retail Sales series tracks several major macroeconomic indicators and their likely effect on US retail sales. This report analyzes the latest available data as of February 23, 2024. Data in this research report include: Proprietary Coresight Research projections for retail sales growth by month for the next 12 months US actual retail sales versus model predicted sales US unemployment rate and labor force participation rate US average hourly wages for all private-sector employees US annualized real disposable income per capita Other relevant research: January 2024 Leading Indicators of US Retail Sales: Higher Inflation Hints at Weakened Retail Sales To Start the Year The Coresight Research US Retail Sales Databank Click here to view our full collection of monthly reports Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for
Deep DiveCombating Inflation—Low-Income and Younger Shoppers Trade Down and Buy Less: US Consumer Survey Insights Extra Aditya Kaushik, Analyst February 28, 2024 Reasons to ReadThe Coresight Research monthly US Consumer Survey Insights Extra series offers a more detailed or specific take on trends and data from our weekly surveys of US consumers. This month, we explore US consumers’ perceptions of price rises and strategies to combat inflation when shopping both grocery and nongrocery categories. We dive into trading down and other trends by age, income and more. We also include results on consumers’ shopping behaviors from our weekly survey questions aggregated in four-week increments over the past seven months. Data in this research report are our proprietary survey findings on: US consumers’ observations of recent price changes in retail—overall and by geography Rates at which consumers are adopting different inflation-combating strategies when shopping for grocery and nongrocery products In-depth look at trends in trading down and buying less—breakdown of inflation responses by income, age and gender Other relevant research: Read the full series of US Consumer Survey Insights and US Consumer Survey Insights Extra reports. The Coresight Research US Consumer Survey Databank provides additional insight into US consumer behaviors from our weekly surveys. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for
Deep DiveNavigating Digital Transformation: Optimizing Hospitality Operations To Enhance Margins and Growth Sunny Zheng, Analyst Sector Lead: Steven Winnick, Vice President—Innovator Services February 27, 2024 Reasons to ReadGiven the combination of consumers’ heightened demand for leisure and travel, the tight labor market, rising unforeseen expenses and volatile macroeconomic conditions, understanding and effectively managing costs and margins has become more crucial than ever. Today, hospitality businesses must aim to harness the capabilities of digital transformation technologies for better cost and margin management. We delve into the challenges and expectations around cost and margin management in the hospitality sector—including hotels, restaurants and other hospitality industries (such as fitness centers and theme parks)—through the lens of digital transformation technologies. We examine the current cost and margin management pain points of hospitality businesses, as well as their tech and data usage challenges and their expectations regarding emerging technologies, such as artificial intelligence (AI) and machine learning (ML). This report is produced and made available to non-subscribers of Coresight Research in partnership with Workday, a leading cloud-based financial and human capital management software platform. Data in this research report include: Estimated global hospitality workforce management software market size for 2023 and 2030 Proprietary survey data on the costs hospitality businesses found most difficult control and the unexpected costs they occurred over the past 12 months The impact of unexpected costs on hospitality businesses’ margins over the past year Survey data on the challenges hospitality businesses encountered while managing store staff in times of fluctuating demand and the challenges they encountered while making their operations adaptive to a fast-changing market Other relevant research: Navigating Digital Transformation: Optimizing Retail Operations Amid Margin Pressure Workday is a member of our updated Tech 25 focus list, covering retail-technology companies to watch Visit the Coresight Research Retail Technology Hub to explore reports, data and competitive landscapes on technology See all Coresight Research coverage of emerging technology More Innovator Research from Coresight Research Non-subscribers can access the report by completing the form on this page. The report will arrive in your inbox upon completion of the form. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for
Insight ReportEarnings Insights 4Q23, Week 4: Gildan Activewear, Sprouts Farmers Market and Walmart See Strong Sales Growth; The Home Depot Sees a Decline Madhav Pitaliya, Analyst Sector Lead: Anand Kumar, Associate Director of Retail Research February 27, 2024 Reasons to ReadOur weekly Earnings Insights reports feature highlights from recent management commentary from major US retailers within our Coresight 100 coverage list as they report fourth-quarter 2023 earnings. This week, there are highlights from companies that reported in the week ended February 25, 2024, across four sectors: apparel and footwear, food and grocery, home and home-improvement, and mass merchandisers. Data in this report are: Quarterly data from companies, including gross margins and sales data by brand (where applicable), channel and geography Companies mentioned in this report include: Floor & Decor Holdings, Gildan Activewear, The Home Depot, Sprouts Farmers Market, Walmart, Wayfair Other relevant research: Earnings Insights 4Q23, Week 3: Crocs, Herbalife and L’Oréal See Strong Sales Growth; Capri Holdings and Hanesbrands Report Sales Declines Earnings Insights 4Q23, Week 2: Alibaba, Amazon and CVS See Strong Sales Growth; Under Armour Witnesses Weak Demand Earnings Insights 4Q23, Week 1: Deckers, Clorox and Walgreens Report Strong Results; Columbia Sportswear Sees Sales Decline 3Q23 US Earnings Season Wrap-Up: Mixed Performances Amid Weak Demand and Economic Uncertainty The Coresight 100 list Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for
Deep DiveDollar Stores and Warehouse Clubs Gain from Valentine’s Day: US Consumer Survey Insights Aditya Kaushik, Analyst February 27, 2024 Reasons to ReadThe Coresight Research weekly US Consumer Survey Insights series takes a regular temperature check on US consumers’ behaviors and sentiment, based on exclusive proprietary survey data. In this report, our latest findings are from a survey conducted on February 20, 2024. Data in this research report are our latest proprietary survey findings on: Where consumers have bought food and nonfood products from in the last two weeks Activities that consumers have done in the past two weeks What consumers have bought in-store and online in the last two weeks Consumers’ expectations for the economy overall and for their own personal financial situation Companies mentioned in this research report include: Aldi, Amazon, Albertsons, Ahold Delhaize, Costco, Dollar General, Dollar Tree/Family Dollar, Kohl’s, Kroger, Macy’s, Target, Walmart Other relevant research: Read the full series of US Consumer Survey Insights reports The Coresight Research US Consumer Survey Databank provides additional insight into US consumer behaviors from our weekly surveys. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for
Insight ReportChinese New Year 2024 Review: Revealing Trends Amid Evolving Preferences—China Retail Insights Echo Gong, Senior Analyst Sector Lead: Anand Kumar, Associate Director of Retail Research February 26, 2024 Reasons to ReadOur China Retail Insights series presents the latest insights from the ever-evolving landscape of China’s retail market. Each report in this series provides on-the-ground updates, dissecting the trends, innovations and consumer behaviors that are shaping one of the world’s most dynamic retail environments. In this report, Coresight Research reviews the 2024 Chinese New Year holiday, highlighting the impact of the event on China’s consumer market and revealing retail trends, consumer preferences and market opportunities that emerged during the holiday. Data in this research report include: Domestic tourism revenue during Chinese New Year, 2019–2024 Domestic tourist numbers and average spending during Chinese New Year 2024 Average daily duty-free spending and total duty-free spending on the island of Hainan during Lunar New Year 2024 Companies mentioned in this report include: Adidas, Alipay, China Duty Free Shop, Chow Tai Fook, Little Red Book, Lululemon, Qunar Other relevant research: Chinese New Year 2024 Preview: Good Fortune for Retail as the Year of the Dragon Takes Off—China Retail Insights Key Festivals and Holidays for Promotional Campaigns in China in 2024: Calendar Retail 2024: 10 Trends in China Retail Our China Consumer Survey Insights series takes a regular temperature check on Chinese consumers’ behaviors and sentiment, based on exclusive proprietary survey data. Our new China Retail Sales Databank More reports on China retail Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for
Analyst CornerAnalyst Corner—Tailored, Tech-Enabled and Transformed: The Future of Consumer Healthcare, with Swarooprani Muralidhar Swarooprani Muralidhar, Director of Research February 25, 2024 Reasons to ReadWelcome to Analyst Corner! Every Sunday, a member of the Coresight Research team discusses upcoming or recent research and their thoughts on interesting topics in their area of expertise. We also highlight our key research from the past week and reports to look out for in the coming week, so you don’t miss out. This week, Director of Research Swarooprani Muralidhar explores the future of consumer healthcare, previewing our new report on 10 trends in the healthcare industry. She offers her take on the healthcare industry’s transformation, from technology to the retail opportunity. Other relevant research: Market Navigator: US Drugstore and Pharmacy Retailers—A Strong Focus on Healthcare Expansion in 2024 and Beyond More Coresight Research coverage of health and wellness Stay tuned to the Retaili$tic podcast for weekly retail insights and inspiration. Read previous Analyst Corner reports, including last week’s, which discussed the new “Fast Luxury” model from Coresight Research. This document was generated for
Store TrackerWeekly US and UK Store Openings and Closures Tracker 2024, Week 8: Close to Half of Body Shop UK Stores To Close Aaron Mark Dsouza, Data Analyst February 23, 2024 Reasons to ReadOur Weekly US and UK Store Openings and Closures Tracker reports on store closures, openings and bankruptcies. Data in this research report include: Week-by-week comparisons of announced store closures and openings in the US and the UK: 2024 vs. 2023 Major US and UK store closures and openings, 2024 Major US and UK retail bankruptcies: 2024 and 2023 Companies mentioned in this research report include: Best Buy, The Body Shop UK Other relevant research: The full collection of Weekly US and UK Store Openings and Closures Tracker reports Complementing our weekly reports, the Coresight Research US and UK Store Tracker Databank is the definitive resource for information on store openings and closures by sector in the US and UK retail industries. For the US, the Databank includes store openings and closures from 2012 to 2024 year to date (YTD); for the UK, data span 2017 to 2024 YTD. The Retail Bankruptcies Databank details bankruptcies of US and UK retail companies, restaurants and gyms since March 2020. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for
InfographicThree Data Points We’re Watching This Week John Mercer, Head of Global Research and Managing Director of Retail Research February 23, 2024 Reasons to ReadOur Three Data Points We’re Watching This Week series spotlights key data points from this week’s research. This week, we highlight inflation’s impact on US consumer behavior, secondhand retail in China and The Body Shop’s UK store closures. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for
Event PresentationIndustry Insights: Decoding Shein and Temu Anand Kumar, Associate Director of Research February 22, 2024 Reasons to ReadWe present the fundamentals of Chinese e-commerce leaders Shein and Temu, covering their business models, supply chains and technologies. Explore the companies’ development timelines and uncover key insights into the factors driving their success. We also reveal 10 essential actions for retailers to take to rival Shein and Temu, spanning marketing, logistics and more. Other relevant research: Retail 2024: 10 Trends in China Retail Day Three at NRF 2024: Retail’s Big Show—Lessons from Macy’s, Shein, Temu and More Data Dive: Shein in Numbers as It Files for a US IPO Weinswig’s Weekly: Temu vs. Shein Shein in Fast Fashion—Update: Establishing Dominance Through New Strategies and Business Expansion Plans Temu Growth and Challenges in the US Market: A Six-Month Follow-Up All Coresight Research coverage of China retail and the supply chain Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for
Deep DivePrecision Pricing in Retail: AI-Driven Pricing Decisions for 2024 and Beyond Manik Bhatia, Head of Cobranded Research Sector Lead: Steven Winnick, Vice President—Innovator Services February 22, 2024 Reasons to ReadTo ensure profitability in a volatile macroeconomic and geopolitical environment, retailers need to have a dynamic pricing strategy in place that accounts for shifting shopper needs—and that can be only achieved by leveraging advanced technologies such as artificial intelligence (AI) to their fullest. In this report, we explore challenges in price setting and discuss how retailers can take a stable and robust approach to pricing, providing a blueprint for retailers to win customers and sales with effective pricing strategies. Discover key steps to incorporating an AI-based retail pricing solution and explore the huge benefits of AI-based dynamic pricing. This report is produced and made available to non-subscribers of Coresight Research in partnership with RELEX, a provider of unified supply chain and retail planning solutions. Data in this research report include: Global pricing optimization software market size and growth projections Proprietary survey findings on the integration level of merchandising functions among US retailers Other relevant research: All our coverage of emerging technology and retail management More Innovator Research from Coresight Research Visit the Coresight Research Retail Technology Hub to explore reports, data and competitive landscapes on technology. Non-subscribers can access the report by completing the form on this page. The report will arrive in your inbox upon completion of the form. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for
Insight ReportBreathing New Life into the Shopping Experience: The Surge of the Resale Market—China Retail Insights Echo Gong, Senior Analyst Sector Lead: Anand Kumar, Associate Director of Retail Research February 22, 2024 Reasons to ReadThe China Retail Insights series presents the latest insights from the ever-evolving landscape of China’s retail market. Each report in this series provides on-the-ground updates, dissecting the trends, innovations and consumer behaviors that are shaping one of the world’s most dynamic retail environments. Dive into the world of resale with our insights on two key success stories: Déjà Vu and Alibaba’s Xianyu. Explore proprietary survey insights to understand consumer behavior when it comes to shopping secondhand goods. Data in this research report include: China’s secondhand goods market—size and year-over-year growth, 2019–2024E Proprietary survey findings—whether Chinese consumers have purchased secondhand products (and breakdown by age), reasons for buying or not buying secondhand goods, categories purchased by resale shoppers, popular resale channels Companies mentioned in this report include: Alibaba, Déjà Vu, Moncler, Gucci, Zhuanzhuan Other relevant research: Returns, Resale and Sourcing in Apparel—Infographic Retail 2024: 10 Trends in China Retail More reports on China retail and sustainability The Coresight Research China Retail Sales Databank brings together retail sales data to help you understand the trajectory of retail in China. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for
Insight ReportEarnings Insights 4Q23, Week 3: Crocs, Herbalife and L’Oréal See Strong Sales Growth; Capri Holdings and Hanesbrands Report Sales Declines Madhav Pitaliya, Analyst Sector Lead: Anand Kumar, Associate Director of Retail Research February 20, 2024 Reasons to ReadOur weekly Earnings Insights reports feature highlights from recent management commentary from major US retailers within our Coresight 100 coverage list as they report fourth-quarter 2023 earnings. This week, there are highlights from companies that reported in the week ended February 18, 2024, across five sectors: apparel and footwear, beauty, CPG (consumer packaged goods) and luxury. Data in this report are: Quarterly data from companies, including gross margins and sales data by brand (where applicable), channel and geography Companies mentioned in this report include: Capri Holdings, Crocs, Hanesbrands, Herbalife Nutrition, L’Oréal Other relevant research: Earnings Insights 4Q23, Week 2: Alibaba, Amazon and CVS See Strong Sales Growth; Under Armour Witnesses Weak Demand 3Q23 US Earnings Season Wrap-Up: Mixed Performances Amid Weak Demand and Economic Uncertainty The Coresight 100 list Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for
Market Navigators/Market OutlookMarket Outlook: US Convenience Store Retailing—Navigating Structural Challenges, Mergers and Emerging Opportunities Sujeet Naik, Analyst Sector Lead: Anand Kumar, Associate Director of Retail Research February 20, 2024 Reasons to ReadEach Market Outlook offers our analysts’ definitive view of their sector. This research report includes proprietary forecasts, analysis of company metrics, exclusive consumer survey data and our analysts’ consideration of factors and themes in the market. In this Market Outlook, we explore the size and trajectory of the US convenience store sector and key factors impacting growth. We detail the overall market’s competitive landscape, and present key themes we are watching in 2024 and beyond. Data in this research report include: Total sales and year-over-year sales growth in the US convenience store sector, 2019–2028E Top product categories by sales in US convenience stores, 2022–2023 Tobacco sales growth, in dollar and unit terms in US convenience stores, 2019–2023 Major US convenience store retailers’ US revenue, operating margins and US store counts, 2018–2022 Major US convenience store retailers’ year-over-year store traffic growth, January–December 2023 US convenience stores’ total foodservice sales and year-over-year growth, 2018–2022 Companies mentioned in this report include: Alimentation Couche-Tard, Arko Corp., BP America, Casey’s General Stores, EG America, Murphy USA, QuikTrip, Seven & i Holdings, Wawa Other relevant research: All coverage of grocery retail Head-to-Head in Global Convenience-Store Retailing: Seven & i vs. Alimentation Couche-Tard More reports in the Coresight Research Market Outlook series Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Purchase this report. Buy Now This document was generated for
