Reasons to Read

The Coresight Research weekly US Consumer Tracker takes a regular temperature check on US consumers’ behaviors and sentiment, as well as our four-weekly check on consumers’ perceptions of and reactions to inflation, based on exclusive proprietary survey data.

In this report, we present findings from our survey conducted on June 26, 2023.

Data in this research report are our latest proprietary survey findings on:

  • Consumers’ perceptions of and responses to inflation
  • Which retailers consumers have bought food and nonfood products from in the last two weeks
  • 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 four-week PPT changes

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

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Reasons to Read

Boohoo Group and Primark (which is owned by Associated British Foods) are two major UK-based apparel retailers offering fast fashion products at ultra-low prices. However, the retailers each have distinctive business models and target different customer bases. As part of the Head-to-Head series from Coresight Research, we provide insights into the companies’ business models, revenues, key strategies, collaborations and sustainable initiatives.

Data in this research report include:

  • UK revenue and year-over-year revenue growth for both Boohoo Group and Primark
  • Worldwide revenue for Boohoo Group and Primark for fiscal 2022, broken down by geography
  • Each company’s total operating margin for fiscal 2018–2022
  • Primark stores by geography
  • Social media follower counts for Boohoo and Primark

Companies mentioned in this report include: Associated British Foods, Boohoo Group, DHL, Myntra, Primark and Shein

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Reasons to Read

Coresight Research estimates that the US market for checkout and payment technology totals nearly $23 billion in 2023 and will grow at a CAGR of 11.5% through 2027. From traditional manned counters to self-service kiosks and mobile payments, checkout technologies have evolved to enhance customer convenience, streamline operations and improve sales performance.

We present selected companies globally whose technology solutions are helping retailers to build and optimize their checkout capabilities, both online and offline.

Categories covered in this landscape are:

  • BNPL (buy now, pay later) and mobile payment solutions
  • Fraud detection and prevention
  • Payment gateways
  • POS (point-of-sale) systems
  • Product recommendation and data analytics

Companies mentioned in this report include: Bolt, Caper, Grabango, Personalization, Riskified, Sezzle, Signifyd, Standard AI, Trigo

Our landscape infographic summarizes the companies outlined in this report.

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Reasons to Read

The Coresight Research weekly China Consumer Tracker 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 June 19, 2023.

Data in this research report are:

  • 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
  • What products consumers have bought in-store and online in the last two weeks
  • Expectations for economic conditions and personal finances in the next 12 months
  • A timeline of selected Covid-19 policy changes in China

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Reasons to Read

We delve into the evolution of checkouts and payments in the retail industry, exploring how advancing technologies and changing consumer expectations are transforming the checkout experience both in-store and online. Discover key opportunities in the fast-growing checkout and payment technology sector, which will total nearly $343 billion in 2027, Coresight Research estimates.

  • Explore how retailers are revolutionizing the checkout process through technologies such as RFID-based checkout, smart carts and self-checkout terminals.
  • Learn how biometric authentication, identity verification and AI (artificial intelligence)-powered chatbots are enhancing security, personalization and convenience for customers.
  • Gain insight into the rising demand for automation and contactless payments, as well as the role of AI and machine learning in fraud detection.

Data in this research report include:

  • US checkout and payment technology market size and year-over-year change, 2017–2027E
  • A timeline of recent partnerships between automated frictionless checkout providers and retailers

Companies mentioned in this research report include: Amazon, Caper.ai, Diebold, Fujitsu, NCR, Walmart

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Reasons to Read

The Coresight Research US Apparel and Beauty Spending Tracker provides a monthly update on the trajectory of consumer spending on beauty, clothing and footwear. Our latest report covers spending from May 2023, showing that clothing and footwear spending increased by 1.7% year over year.

Data in this report include:

  • Year-over-year changes in US consumer spending on clothing and footwear overall, and breakdowns by category, May 2022–May 2023
  • Year-over-year changes in US consumer spending on selected beauty categories, May 2022–May 2023                      

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Reasons to Read

Each 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.

This week’s note, “From the Desk of Deborah Weinswig,” looks ahead to an abundance of shopping events in the US—covering July 4, Amazon’s Prime Day, back to school and the holiday season, drawing on exclusive Coresight Research data and findings.

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Reasons to Read

Amazon’s Prime Day will be held on July 11–12 this year in major countries where Prime services are available (except India).

We present five key insights into Prime Day 2023 ahead of the event.

Data in this research report include:

  • A comparison of Prime Day 2023 metrics over the past three years
  • Proprietary US consumer survey findings—categories that Prime Day shoppers will shop, popular retailers for the back-to-school season, Prime membership rates

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Reasons to Read

Our 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: Walgreens Boots Alliance, Claire’s

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Reasons to Read

We launch our coverage of the 2023 holiday season in US retail with an early look at the likely trajectory in retail demand in the end-of-year peak. We present our retail sales growth projections and discuss consumer sentiment, inflation, inventory and more.

Data in this research report include:

  • Year-over-year changes in total US retail sales since January 2022, and nominal and estimated real retail sales growth in year-to-date 2023
  • US CPI and retail-specific inflation
  • Proprietary survey findings on US consumers’ expectations for their personal financial situation during holiday 2023 versus last year
  • Latest metrics for leading indicators of US retail sales—including unemployment rate and consumer sentiment
  • November and December 2023 calendars
  • US retail inventories-to-sales ratios and inventory growth rates

Companies mentioned in this report include: Home Depot, Levi’s, NIKE, Ross Stores, Skechers, Target, VF Corporation

Other relevant research:

  • All Coresight Research coverage of US holiday retail
  • Our full series of US Consumer Tracker and US Consumer Tracker Extra survey reports
  • Coresight Research 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. Click here to view our full collection of monthly reports.
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Reasons to Read

We launch our new Generative AI Latest series, which provides regular updates on generative AI (artificial intelligence) developments globally—from retailers, governments, and platform and solution providers.

Learn about key trends in the space; key topics covered in this report include how generative AI solutions are empowering productivity and marketing, and new regulations for the responsible use of the technology in China.

In this first report of the new series, we also update our proprietary CORE framework for AI in retail to incorporate the use cases of generative AI in the supply chain.

Companies mentioned in this report include: Adobe, Carrefour, Google, Meta, Salesforce, Samsung, Walmart

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Reasons to Read

Our Monthly Consumer Update analyzes key consumer indicators from the US, the UK and China. In this report, we examine the latest data as of June 2023, covering inflation, earnings, retail sales and more.

Data in this research report are: 

  • Average weekly earnings versus consumer prices in the US and the UK
  • Per capita disposable income versus consumer prices in China
  • Consumer prices for food at home and gasoline (automotive fuel) in the US, the UK and China
  • Total retail sales (ex. automobiles and automotive fuel) in US, the UK and China

Other relevant research:  

  • The Coresight Research US Retail Sales Databank brings together retail sales data to help you understand the scale and trajectory of US retail.
  • Our full collection of monthly reports keep you up to date on retail sales (in total and by sector) and key consumer indicators, focusing on the US, the UK and China.
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Reasons to Read

Using data from RetailNext, we analyze US retail traffic and in-store metrics in May 2023, in total and by sector, region and location type.

Data in this report include:

  • Year-over-year changes in US store-based traffic and sales for the past 13 months
  • Year-over-year changes in US store-based nonfood retail metricsfor the past 13 months—including conversion, ATV, shopper yield and average unit retail
  • Year-over-year changes in US retail traffic for selected industry verticals, 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.
  • Complementing our monthly reports, the Coresight Research US Retail Sales Databank brings together retail sales data to help you understand the scale and trajectory of US retail.
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Reasons to Read

As we move into peak summer ahead of the new school year, we present our outlook for the US back-to-school (BTS) retail season. We contextualize our overall expectations with macroeconomic data and findings from a proprietary survey of US consumers.

Data in this research report include:

  • Estimated US BTS retail sales, 2020–2023E
  • Macro context—leading indicators of US retail sales, inflation
  • US consumers’ plans to shop for BTS—when, where, what and how much
  • US consumer attitudes to BTS shopping
  • How migration has changed the BTS landscape—the under-18 population, by geography

Companies mentioned in this report include: Amazon, Dollar Tree/Family Dollar, Target, TJX, Walmart

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Reasons to Read

The Coresight Research monthly US Consumer Tracker Extra series offers a more detailed or specific take on trends and data from our weekly surveys of US consumers.

In this report, we offer a 2Q23 seasonal shopping recap and 3Q23 outlook based on our proprietary survey data in year-to-date 2023.

Data in this research report, based on proprietary survey findings, include:

  • Mother’s Day, Easter and Memorial Day predicted versus actual consumer spending and activities
  • Fourth of July and Labor Day predicted consumer spending versus last year
  • Fourth of July and Labor Day predicted consumer activities, by age
  • Amazon Prime Day predicted consumer spending versus last year, by product category
  • Holiday 2023 predicted consumer spending versus last year

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