Deep DiveConsumers Report Improvement in Financial Health: US Consumer Survey Insights 2023, Week 48 Aditya Kaushik, Analyst November 28, 2023 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. This week, we also include our monthly questions on consumers’ financial health. In this report, our latest findings are from a survey conducted on November 20, 2023. Data in this research report are our latest proprietary survey findings on: Consumers’ ability to cover bills, total unsecured debt and expectations of financial windfalls Where consumers have bought food and nonfood products from in the last two weeks What consumers have bought in-store and online in the last two weeks Activities that consumers have done in the past two weeks Avoidance of public places, by type of public place 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 ReportEarnings Insights 3Q23, Week 5: Burlington and Urban Outfitters Report Solid Results; Kohl’s, Lowe’s and Others See Sales Decline Madhav Pitaliya, Analyst Sector Lead: Anand Kumar, Associate Director of Retail Research November 28, 2023 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 third-quarter 2023 earnings. This week, there are highlights from companies that reported in the week ended November 26, 2023, across six sectors: apparel and footwear, department stores, electronics retailers, home and home-improvement, specialty apparel and warehouse clubs. 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: American Eagle Outfitters, Best Buy, BJ’s Wholesale Club, Burlington Stores, Dick’s Sporting Goods, Guess?, Kohl’s, Lowe’s, Nordstrom, Urban Outfitters Other relevant research: Earnings Insights 3Q23, Week 4: Alibaba, Walmart and More Report Positive Sales Growth; Gap, Macy’s and Others See Sales Decline Earnings Insights 3Q23, Week 3: Coty and Ralph Lauren Report Positive Sales Growth; Capri Holdings, Hanesbrands and Qurate Retail See Sales Decline Earnings Insights 3Q23, Week 2: Crocs, CVS and Colgate-Palmolive Report Strong Results; Carter’s, Clorox, Estée Lauder and VF Corporation See Sales Decline Earnings Insights 3Q23, Week 1: Deckers, Skechers, L’Oréal and Procter & Gamble Report Solid Results; Amazon Sees Further Improvement in Online Sales 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
Insight ReportHoliday 2023: Black Friday Insights from Store Visits in the US and the UK Anand Kumar, Associate Director of Research Sector Lead: Swarooprani Muralidhar, Director of Research November 27, 2023 Reasons to ReadWhat happened on Black Friday 2023? The Coresight Research team conducted our annual tour of stores to offer insights on the shopping event in the US and the UK, covering the depth of promotions, product quantity and availability, consumer activity and demand, and more. Companies mentioned in this report include: American Eagle Outfitters, Best Buy, Burlington Stores, Carter’s, Costco, Dick’s Sporting Goods, Gap, H&M, Kohl’s, Home Depot, Target, Walmart, Williams-Sonoma Other relevant research: US Black Friday 2023: Early Read—Store Traffic Exceeds Expectations Despite Lack of Doorbusters Holiday 2023: US Retail Update—What We’ve Seen So Far as Retail Heads into Black Friday All Coresight Research coverage of US holiday retail The Coresight Research US Holiday Retail 2023 Databank tracks key retail metrics for the holiday season. 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 ReportFive Ways AI Is Being Used in Luxury Retail Swarooprani Muralidhar, Director of Research Sector Lead: John Harmon, CFA, Associate Director of Technology Research November 27, 2023 Reasons to ReadHow is AI (artificial intelligence) transforming retail? Ahead of NextGen Commerce, the inaugural Coresight Research AI Conference, we are publishing a five-part report series exploring key applications of AI in multiple retail sectors: luxury, grocery, beauty, apparel and drugstores. In this report, we discuss five uses of AI in the luxury sector, covering generative AI art, customer service applications, anti-counterfeiting measures and more. Companies mentioned in this report include: Gucci, LVMH, Valentino Other relevant research: Join us on December 5, 2023, at NextGen Commerce, the inaugural Coresight Research AI Conference. Read about the applications of AI in the beauty, apparel, grocery and drugstore retail sectors. The updated Coresight Research CORE framework for generative AI in retail The Retail Buzz Around Generative AI—Infographic All Coresight Research coverage of generative AI in retail Visit the Coresight Research Fashion and Luxury 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
Deep DiveSingles’ Day Participation Analysis: China Consumer Survey Insights Echo Gong, Senior Analyst November 27, 2023 Reasons to ReadThe Coresight Research weekly China Consumer Survey Insights series takes a regular temperature check on Chinese consumers’ behaviors and sentiment, based on exclusive proprietary survey data. In this research report, we present findings from our survey conducted on November 13, 2023. Data in this research report are: Consumers’ spending, motivations and platforms used during the Singles’ Day shopping festival What products consumers have bought in-store and online in the last two weeks Activities that consumers have done in the past two weeks Avoidance of public places, by type of public place—latest data and one-and four-week PPT changes Expectations for economic conditions and personal finances in the next 12 months Other relevant research: Countdown to China’s Singles’ Day 2023: One Month To Go—Major Platforms’ Plans for the Shopping Festival All Coresight Research coverage of Singles’ Day in 2023 and prior years Read the full series of China Consumer Survey Insights reports Key Festivals and Holidays for Promotional Campaigns in China in 2023: Calendar Retail 2023: 10 Trends in China E-Commerce 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 ReportGenerative AI Latest: OpenAI and Microsoft Accelerate Innovation—Technology Conference Highlights Royce Baretto, Analyst Sector Lead: John Harmon, CFA, Associate Director of Technology Research November 27, 2023 Reasons to ReadThe Generative AI Latest series provides regular updates on generative AI (artificial intelligence) developments globally—across infrastructure, applications and government. This report details announcements from the period October 30–November 19, 2023. Learn about key trends in the space; topics in this report include the latest developments announced by OpenAI and Microsoft at their recent technology conferences (OpenAI DevDay and Microsoft Ignite). Companies mentioned in this report include: Aleph Alpha, Amazon Web Services, GitHub, Google, IBM, LinkedIn, Microsoft, Mozilla, OpenAI, Picsart, Samsung Electronics, Simon Property Group, Suki, Tabnine, xAI, You.com Other relevant research: The updated Coresight Research CORE framework for AI in retail The Retail Buzz Around Generative AI—Infographic All Coresight Research coverage of generative AI in retail, including previous reports in the Generative AI Latest 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 Contact us to purchase this report. Contact us ✕ This document was generated for
Analyst CornerWeinswig’s Weekly: Let Me Be Brief—The Implications of Declining Attention Spans John Mercer, Head of Global Research and Managing Director of Retail Research November 26, 2023 Reasons to ReadEach report in the Weinswig’s Weekly series reflects on a topical theme in retail. We also highlight our key research from the past week and upcoming reports to look out for, so you don’t miss out. Attention spans are declining; the TikTok effect is emerging. This week’s note, “From the Desk of Deborah Weinswig” (CEO and Founder of Coresight Research), discusses how Coresight Research is evolving our research offering in response and addressing the implications for clients in retail. Other relevant research: Stay tuned to the Retaili$tic podcast for weekly retail insights and inspiration. Read previous Weinswig’s Weekly reports, including last week’s, which discusses Singles’ Day performance highlights. This document was generated for
Insight ReportUS Black Friday 2023: Early Read—Store Traffic Exceeds Expectations Despite Lack of Doorbusters Swarooprani Muralidhar, Director of Research November 24, 2023 Reasons to ReadBlack Friday has arrived! We offer an early read on the shopping event, based on store tours conducted by the Coresight Research team in the US. Data in this research report are: Planned additional holiday labor by selected leading retail companies, 2022–2023 Proprietary US consumer survey data—US holiday shoppers’ expectations for when they will shop for the holiday Companies mentioned in this report include: BJ’s Wholesale Club, Kohl’s, Home Depot, Walmart Other relevant research: Holiday 2023: US Retail Update—What We’ve Seen So Far as Retail Heads into Black Friday Holiday 2023: Help Wanted… or Not. Slow Growth in Planned US Retail Hiring All Coresight Research coverage of US holiday retail The Coresight Research US Holiday Retail 2023 Databank tracks key retail metrics for the holiday season. 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 ReportSingles’ Day 2023 Performance: Positive Reports from Major E-Commerce Platforms Echo Gong, Senior Analyst Sector Lead: Anand Kumar, Associate Director of Retail Research November 24, 2023 Reasons to ReadThe world’s largest online shopping festival, Singles’ Day, reached its climax on November 11, 2023. We present key Singles’ Day performance highlights from major e-commerce platforms in China, including Alibaba and JD.com. Data in this report include: Estimated GMV during Singles’ Day, by e-commerce platform type and selected product categories Companies mentioned in this report include: Alibaba (Taobao/Tmall), Douyin, JD.com, Kuaishou, Little Red Book Other relevant research: All Coresight Research coverage of Singles’ Day in 2023 and prior years Retail 2023: 10 Trends in China E-Commerce All Coresight Research coverage of 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
Store TrackerWeekly US and UK Store Openings and Closures Tracker 2023, Week 47: US Store Closures Jump by Three-Quarters Aaron Mark Dsouza, Data Analyst Sector Lead: John Mercer, Head of Global Research and Managing Director of Retail Research November 24, 2023 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: 2023 week-by-week comparisons of announced store closures and openings in the US and the UK 2022 week-by-week comparisons of announced store closures and openings in the US and the UK 2023 major US store closures and openings 2023 major UK store closures and openings Companies mentioned in this research report include: Sally Beauty, Asda Other relevant research: Weekly US and UK Store Openings and Closures Tracker 2023, Week 46: Avon Calling! 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 offers our premium subscribers access to openings and closures data from 2012 to 2023 year to date, filterable by sector and year—now including retailer-level data. 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 ReportThe 4-5-4 US Retail Calendar, 2024–25 Ristha Dsa, Data Manager Sector Lead: John Mercer, Head of Global Research and Managing Director of Retail Research November 22, 2023 Reasons to ReadThe 4-5-4 US retail calendar is a guide to the fiscal year ending February 1, 2025. We note major holidays and calendar events within each week across the year and comparing when these fall to the prior year. Other relevant research: Key Festivals and Holidays for Promotional Campaigns in China in 2024: Calendar Key Festivals and Holidays for Promotional Campaigns in India in 2024: Calendar 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 ReportHoliday 2023: US Retail Update—What We’ve Seen So Far as Retail Heads into Black Friday John Mercer, Head of Global Research and Managing Director of Retail Research November 22, 2023 Reasons to ReadWhat’s happened in the holiday season so far? We provide an update on US retail trends, considering retail sales, company commentary and shopper traffic. We also discuss the prospects for Black Friday retailing. Data in this research report include: October 2023 retail sales growth—in total and by subsector October 2023 store traffic trends, by selected segments Black Friday projections—distribution of total US fourth-quarter online retail sales, 2018–2023E Proprietary US consumer survey data—holiday shopping expectations Companies mentioned in this report include: Albertsons, Aldi, Burlington Stores, Kohl’s, Kroger, Macy’s, Nordstrom, Ross Stores, Target, The TJX Companies, Walmart Other relevant research: October 2023 US Retail Sales: Health and Personal Care Stores and Nonstore Retailers Continue To Lead Retail Sales Growth US Holiday Survey and Outlook 2023: E-Commerce To Drive Growth All Coresight Research coverage of US holiday retail The Coresight Research US Holiday Retail 2023 Databank tracks key retail metrics for the holiday season. 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 3Q23, Week 4: Alibaba, Walmart and More Report Positive Sales Growth; Gap, Macy’s and Others See Sales Decline Madhav Pitaliya, Analyst Sector Lead: Anand Kumar, Associate Director of Retail Research November 21, 2023 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 third-quarter 2023 earnings. This week, there are highlights from companies that reported in the week ended November 19, 2023, across five sectors: beauty, department store, e-commerce, home and home-improvement, mass merchandisers and specialty apparel. 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: Alibaba, Bath & Body Works, Gap, The Home Depot, JD.com, Macy’s, Ross Stores, Target, The TJX Companies, Walmart, Williams-Sonoma Other relevant research: Earnings Insights 3Q23, Week 3: Coty and Ralph Lauren Report Positive Sales Growth; Capri Holdings, Hanesbrands and Qurate Retail See Sales Decline Earnings Insights 3Q23, Week 2: Crocs, CVS and Colgate-Palmolive Report Strong Results; Carter’s, Clorox, Estée Lauder and VF Corporation See Sales Decline Earnings Insights 3Q23, Week 1: Deckers, Skechers, L’Oréal and Procter & Gamble Report Solid Results; Amazon Sees Further Improvement in Online Sales 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 DiveConsumers Optimistic About the Economy But Inflation Concerns Persist: US Consumer Survey Insights 2023, Week 47 Aditya Kaushik, Analyst November 21, 2023 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. This week, we also include our regular, four-weekly check on attitudes to inflation. In this report, our latest findings are from a survey conducted on November 13, 2023. Data in this research report are our latest proprietary survey findings on: Consumers’ perceptions of and responses to inflation in food and nonfood Where consumers have bought food and nonfood products from in the last two weeks What consumers have bought in-store and online in the last two weeks Activities that consumers have done in the past two weeks Avoidance of public places, by type of public place 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: All Coresight Research coverage of US holiday retail, including the US Holiday Retail 2023 Databank 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 ReportOctober 2023 UK Retail Sales: Growth Slides Again Amid High Borrowing Costs and Unfavorable Weather Aditya Kaushik, Analyst November 21, 2023 Reasons to ReadUsing data from the Office for National Statistics, we analyze UK retail sales in October 2023, in total and by sector. Data in this report are: Year-over-year changes in UK total retail sales (excluding automotive fuel) for the past 13 months Year-over-year changes in retail sales by sector, August–October 2023 Year-over-year changes in online retail sales for the past 13 months Other relevant research: Our monthly reports keep you up to date on retail sales (in total and by sector) and key consumer indicators, focusing on China, the UK and the US. 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
