Insight ReportUS Apparel and Beauty Spending Tracker, August 2023: Beauty, Clothing and Footwear Spending Growth Slows But Remains Resilient Sunny Zheng, Analyst October 2, 2023 Reasons to ReadThe 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 August 2023, showing that clothing and footwear spending increased by 2.9% year over year. Data in this report include: US consumer spending on clothing and footwear year-over-year percentage change, August 2022–August 2023 US consumer spending on clothing by category year-over-year percentage change, August 2022–August 2023 US consumer spending on footwear year-over-year percentage change, August 2022–August 2023 US consumer spending on selected beauty categories year-over-year percentage change, August 2022–August 2023 Other relevant research: The previous US Apparel and Beauty Spending Tracker, with July 2023 data The Coresight Research monthly reports collection Coresight Research coverage of the apparel and footwear market 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
Analyst CornerWeinswig’s Weekly: Retail Media Networks Present a Challenging but Highly Rewarding Opportunity John Harmon, CFA, Managing Director of Technology Research October 1, 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. Retail media networks (RMNs) provide a high-margin, alternative revenue stream for retailers and allow brand advertisers to leverage the power of a retailer’s first-party data to reach target shoppers. The US retail media market, already in the solid double-digit billions, will grow nearly 20% and account for a high-teen percentage of brand advertisers’ budgets in 2023, Coresight Research estimates. From the desk of Deborah Weinswig, CEO and Founder of Coresight Research, we discuss how companies can unlock the true potential of retail media, with highlights from a recent proprietary survey of brand advertisers in the CPG sector. Other relevant research: Unleashing the Power of Retail Media with First-Party Data and Location Analytics Retail-Tech Landscape: Retail Media A Guide to Multiplying Retail Media Dollars All our coverage of retail media Visit the Coresight Research Food, Grocery and CPG Retail Hub to explore sector data, reports and company profiles. Read previous Weinswig’s Weekly reports, including last week’s, which discusses highlights from Groceryshop 2023, including what we heard from the CEOs of Kroger and Ahold Delhaize USA. This document was generated for
Insight ReportSeptember 2023 Monthly Consumer Update: US, UK and China Aditya Kaushik, Analyst September 29, 2023 Reasons to ReadOur Monthly Consumer Update analyzes key consumer indicators from the US, the UK and China. In this report, we examine the latest data as of September 26, 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 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 DiveSeasonal Shopping, 4Q23—Shoppers’ Latest Holiday Expectations: US Consumer Survey Insights Extra Owen Riley, Analyst September 29, 2023 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. In this report, we examine how US consumers expect to spend for the major retail events of 4Q23, as well as reviewing consumer behavior during Amazon’s Prime Day. We also include results from our weekly survey questions through September 18 aggregated in four-week increments over the past seven months, increasing the sample size of each period from about 400 to about 1,600. Data in this research report are our proprietary survey data on: Consumers’ expectations vs actual shopping behavior for Amazon’s Prime Day 2023, broken down by category Consumers’ spending expectations for Singles’ Day and Amazon’s Prime Big Deal Days, 2022 vs 2023 and by category Consumers’ spending and activity expectations for Halloween and the holiday season overall, 2022 vs 2023 and by category Aggregated monthly data on activities, avoidance, online and in-store shopping, and food and nonfood retailers consumers shopped with, March–September 2023 Companies mentioned in this 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 Insights Databank provides 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
Store TrackerWeekly US and UK Store Openings and Closures Tracker 2023, Week 39: UK Closures Up 39% Aaron Mark Dsouza, Data Analyst September 29, 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: Target, Next Other relevant research: Weekly US and UK Store Openings and Closures Tracker 2023, Week 38: US Store Closures Up Three-Quarters vs. Last Year The full collection of Weekly US and UK Store Openings and Closures Tracker reports Complementing our weekly reports, the Coresight Research US 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 ReportSeptember 2023 Leading Indicators of US Retail Sales: Strong Wage Growth and Labor Market Signal Positivity for Holiday Season Aditya Kaushik, Analyst September 28, 2023 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 September 24, 2023. 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: August 2023 Leading Indicators of US Retail Sales: Consumer Sentiment Falls Month Over Month Amid Inflation Resurgence 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
Insight ReportAugust 2023 China Retail Sales: Growth Rate Improves, Breaking Three-Month Downward Trend Echo Gong, Senior Analyst September 27, 2023 Reasons to ReadWe analyze China’s retail sales for August 2023, in total and by sector, as well as online retail sales and penetration. Data in this research report are: Year-over-year changes in China total retail sales (ex. food service; incl. automobiles and gasoline) for the past 13 months Year-over-year changes in retail sales by sector—June, July and August 2023 Online retail sales as a proportion of total 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. More Coresight Research coverage of retail in China, including our China Consumer Survey Insights 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
Insight ReportAugust 2023 US Retail Traffic and In-Store Metrics: Apparel Sector Registers Strongest Growth Amid Store-Based Traffic Decline Keerthan Shetty, Data Analyst September 27, 2023 Reasons to ReadUsing data from RetailNext, we analyze US retail traffic and in-store metrics in August 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 metrics for 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. 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 Outlook Summary Update John Mercer, Head of Global Research and Managing Director of Retail Research September 27, 2023 Reasons to ReadWe highlight our latest thinking on the prospects for US holiday retailing, as of September 2023. Data in this research report include: Consumer survey data—expectations around personal financial circumstances compared to the 2022 holiday season Recent trends in, and impacts of, inflation How consumers are spending—recent retail sales growth Other relevant research: Holiday 2023: Early US Retail Outlook All Coresight Research coverage of US holiday retail Our full series of US Consumer Survey Insights and US Consumer Survey Insights Extra 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. 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 ReportTemu Growth and Challenges in the US Market: A Six-Month Follow-Up Sujeet Naik, Analyst Sector Lead: Anand Kumar, Associate Director of Retail Research September 26, 2023 Reasons to ReadWe present a six-month follow-up on the growth of online marketplace Temu in the US, with analysis of the views of US consumers regarding the platform based on recent, proprietary survey findings. The appendix of this report includes recent key developments regarding Temu. Data in this research report include: Global cross-border market size, 2021–2025E PDD Holdings’ sales and marketing expenses, 2021–2023 Whether or not US consumers are familiar with Temu—overall and breakdown by age group How consumers who are familiar with Temu discovered the platform and whether or not they would purchase a product on Temu Concerns that consumers have about buying from Temu Companies mentioned in this report include: AliExpress, PDD Holdings, Shein, Temu, Wish Other relevant research: Temu, the New E-Commerce Marketplace Taking the US by Storm—What Do Consumers Actually Think? 10 Things To Know About Temu, the Cross-Border E-Commerce Marketplace Sweeping the US Market All Coresight Research coverage of the e-commerce sector 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 DiveFall Shopping and Activity Has Arrived: US Consumer Survey Insights 2023, Week 39 Owen Riley, Analyst September 26, 2023 Reasons to ReadThe Coresight Research weekly US Consumer Survey Insights (formerly US Consumer Tracker) series takes a regular temperature check on US consumers’ behaviors and sentiment, based on exclusive proprietary survey data. In this report, we present findings from our survey conducted on September 18, 2023. Data in this research report are our latest proprietary survey findings on: 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 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 ReportAugust 2023 UK Retail Sales: Surprising Discretionary Resilience Even as Grocery Volume Declines Continue Aditya Kaushik, Analyst September 25, 2023 Reasons to ReadUsing data from the Office for National Statistics, we analyze UK retail sales in August 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, June–August 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
Deep DiveEssentials In-Store, Discretionary Online: China Consumer Survey Insights Aditya Kaushik, Analyst September 25, 2023 Reasons to ReadThe Coresight Research weekly China Consumer Survey Insights series (formerly 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 September 11, 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 Other relevant research: 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: The EU Digital Services Act, Conversational AI and VMware Explore 2023 Royce Baretto, Analyst Sector Lead: John Harmon, CFA, Associate Director of Technology Research September 25, 2023 Reasons to ReadThe Generative AI Latest series 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; topics in this report include the EU’s new Digital Services Act, the ways conversational AI is reshaping retail customer service, and new solutions announced at VMware Explore 2023. Companies mentioned in this report include: Alibaba Cloud, Baidu, Google, Gupshup, Nvidia, Meta, Microsoft, OpenAI 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: Hearing from Kroger and Ahold Delhaize at Groceryshop John Mercer, Head of Global Research and Managing Director of Retail Research September 24, 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. That’s a wrap on Groceryshop 2023! As a research partner of the event, Coresight Research provided detailed, daily coverage of key sessions, keynotes and the “Shark Reef” Startup Pitch competition. We heard insights from industry leaders spanning all things grocery retail, from consumer expectations to generative AI. From the desk of Deborah Weinswig, CEO and Founder of Coresight Research, we discuss highlights from the Startup Pitch and the conference overall, including what we heard from the CEOs of Kroger and Ahold Delhaize USA. Other relevant research: All our coverage of Groceryshop 2023 Market Navigator: US Grocery Retailing—Exploring Growth, Inflation, Competition, Trends and Strategies Visit the Coresight Research Food, Grocery and CPG Retail Hub to explore sector data, reports and company profiles. Read previous Weinswig’s Weekly reports, including last week’s, which discusses the impacts for consumers of hardware changes in Apple’s iPhone 15. This document was generated for
