Deep DiveConsumers Focus on Essentials: China Consumer Survey Insights Echo Gong, Senior Analyst September 4, 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 August 21, 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
Analyst CornerWeinswig’s Weekly: Here’s How US Consumers Will Spend Labor Day John Mercer, Head of Global Research and Managing Director of Retail Research September 3, 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. This week’s note, “From the Desk of Deborah Weinswig,” previews the Labor Day holiday, drawing on proprietary Coresight Research consumer data. Data in this research report include: Proprietary survey data—how US consumers plan to celebrate Labor Day 2023 Other relevant research: Seasonal Shopping, 3Q23—Holidays Preview: US Consumer Tracker Extra The Coresight Research US Consumer Survey Insights Databank provides insight into US consumer behaviors from our weekly surveys. Read previous Weinswig’s Weekly reports, including last week’s, which discusses the future of the US beauty market. This document was generated for
Insight ReportUS CPG Sales Tracker: Food & Beverages Category Supports Sustained Mid-Teens CPG E-Commerce Growth Arun Sriram, Analyst September 1, 2023 Reasons to ReadThe Coresight Research and Circana monthly US CPG Sales Tracker provides our data-driven insights into online sales trends in the US CPG industry—covering the product categories of food & beverage, health & beauty, and general merchandise & homecare. This edition of the report presents five key insights from the four weeks ended July 16, 2023. Data in this research report include: CPG e-commerce, multi outlet and convenience stores (MULOC) and total sales growth CPG e-commerce sales E-commerce CPG sales growth by category type Food & beverage departments: e-commerce and total sales growth Nonfood departments: e-commerce and total sales growth Other relevant research: More reports in our US CPG Sales Tracker series 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 ReportUS CPG Sales Tracker: Food & Beverages Category Drives Online CPG Growth’s Sequential Improvement Arun Sriram, Analyst September 1, 2023 Reasons to ReadThe Coresight Research and Circana monthly US CPG Sales Tracker provides our data-driven insights into online sales trends in the US CPG industry—covering the product categories of food & beverage, health & beauty, and general merchandise & homecare. This edition of the report presents five key insights from the four weeks ended June 18, 2023. Data in this research report include: CPG e-commerce, multi outlet and convenience stores (MULOC) and total sales growth CPG e-commerce sales E-commerce CPG sales growth by category type Food & beverage departments: e-commerce and total sales growth Nonfood departments: e-commerce and total sales growth Other relevant research: More reports in our US CPG Sales Tracker series 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 ReportUS CPG Sales Tracker: Health & Beauty Category Helps Sustain Mid-Teens Online CPG Growth Arun Sriram, Analyst Sector Lead: Anand Kumar, Associate Director of Retail Research September 1, 2023 Reasons to ReadThe Coresight Research and Circana monthly US CPG Sales Tracker provides our data-driven insights into online sales trends in the US CPG industry—covering the product categories of food & beverage, health & beauty, and general merchandise & homecare. This edition of the report presents five key insights from the four weeks ended May 21, 2023. Data in this research report include: CPG e-commerce, multi outlet and convenience stores (MULOC) and total sales growth CPG e-commerce sales E-commerce CPG sales growth by category type Food & beverage departments: e-commerce and total sales growth Nonfood departments: e-commerce and total sales growth Other relevant research: More reports in our US CPG Sales Tracker series 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 ReportUS Apparel and Beauty Spending Tracker, July 2023: Clothing and Footwear Spending Growth Accelerates, Making a Potential Turning Point Sunny Zheng, Analyst September 1, 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 July 2023, showing that clothing and footwear spending increased by 3.1% year over year. Data in this report include: US consumer spending on clothing and footwear year-over-year percentage change, July 2022–July 2023 US consumer spending on clothing by category year-over-year percentage change, July 2022–July 2023 US consumer spending on footwear year-over-year percentage change, July 2022–July 2023 US consumer spending on selected beauty categories year-over-year percentage change, July 2022–July 2023 Other relevant research: The previous US Apparel and Beauty Spending Tracker, with June 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
Deep DiveUS, UK, EU & China Quarterly Economic Update, 2Q23: Consumer Spending Growth Weakens in Many Countries Despite Easing Inflation Royce Baretto, Analyst Sector Lead: John Harmon, CFA, Associate Director of Technology Research September 1, 2023 Reasons to ReadThe Coresight Research Quarterly Economic Update discusses macroeconomic indicators—GDP, consumer spending and inflation—from the US, the UK, the EU (European Union) and China. In this report, we look at the second quarter of 2023 (2Q23), using the latest data available as of August 24, 2023. Data in this report include: GDP—quarter-over-quarter changes in the US, the UK, France, Germany, the EU and China Consumer spending—quarter-over-quarter changes in US seasonally adjusted personal consumption expenditure, UK real household final consumption expenditure and real final consumption expenditure in France and Germany Inflation—three-month averages for US CPI annual rates, UK CPIH annual rates and annual inflation rates in the EU, France, Germany and China Other relevant research: The previous report in the series: US, UK, EU & China Quarterly Economic Update, 1Q23: Stronger Economic Indicators Lead to Higher Consumer Spending in the US and UK 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
Event CoverageFive Insights from eTail Boston 2023: Building Omnichannel Experiences, Unlocking the Power of Data, and More Sunny Zheng, Analyst Sector Lead: Anand Kumar, Associate Director of Retail Research September 1, 2023 Reasons to ReadThe Coresight Research team attended eTail Boston 2023 during August 21–24, 2023. The conference brought together retail leaders to discuss disruptive strategies and innovative ideas in the field of e-commerce and omnichannel retail. Catch up on the highlights from the event with our report; we present our top five insights, exploring the retail industry’s focus on omnichannel, experiential, data-driven retail. Companies mentioned in this report include: Aetrex, ChannelEngine, Crocs, Hivessence, Kohl’s, Lowe’s, Sweetwater, Tailored Brands Other relevant research: Weinswig’s Weekly: Understanding the Scale and Demographics of Cross-Channel Shopping Innovator Intelligence: Product Information Management—Creating a Single Source of Truth in Omnichannel Retail Customer Data Platforms: Unearthing Buried Treasure in Unified Shopper Profiles All Coresight Research event coverage 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 ReportGenerative AI Latest: Nvidia at SIGGRAPH, the Rise of Google Cloud, US Consumer Concern on the Future Impacts of AI Royce Baretto, Analyst Sector Lead: John Harmon, CFA, Associate Director of Technology Research September 1, 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 Nvidia’s new solutions (announced at SIGGRAPH 2023), the rise of Google as a preferred cloud provider, and US consumer concern around the future impacts of generative AI. Companies mentioned in this report include: FiscalNote, ForwardLane, Google, IBM, Innit, Lumi AI, Nvidia, 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
Store TrackerWeekly US and UK Store Openings and Closures Tracker 2023, Week 35: UK Openings Up 27% Aaron Mark Dsouza, Data Analyst September 1, 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: Family Dollar, Clintons Other relevant research: Weekly US and UK Store Openings and Closures Tracker 2023, Week 34: Ace Hardware Drives US Openings 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 ReportJuly 2023 US Retail Traffic and In-Store Metrics: Signs of a Nonfood Recovery as YoY Declines Ease Keerthan Shetty, Data Analyst September 1, 2023 Reasons to ReadUsing data from RetailNext, we analyze US retail traffic and in-store metrics in July 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 ReportAugust 2023 Leading Indicators of US Retail Sales: Consumer Sentiment Falls Month Over Month Amid Inflation Resurgence Aditya Kaushik, Analyst August 31, 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 August 28, 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: July 2023 Leading Indicators of US Retail Sales: Projecting Low-Single-Digit Growth Amid Marginal Disposable Income Rise 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
Event PresentationDebunking Three Myths of Holiday Readiness: Insights Presented at Google Think Retail on Air Coresight Research August 30, 2023 Reasons to ReadOn August 29, 2023, Google hosted its “Think Retail on Air” virtual event focused on preparing businesses for the holidays. Coresight Research presented on how retailers should rethink their strategy for the 2023 holiday season and beyond. Read our presentation for a macro view of holiday 2023 and to discover our survey-driven insights on consumer attitudes and expectations. We debunk three myths of holiday readiness to help you get ahead for the holiday season. Other relevant research: More research on US holiday retail The Coresight Research US Consumer Survey Insights Databank 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 DiveEarnings Insights 2Q23, Week 5: Burlington, Dollar Tree, Petco and Ulta Beauty Report Strong Results; Foot Locker, Gap, Kohl’s, Macy’s and Nordstrom See Sales Decline Anand Kumar, Associate Director of Research Sector Lead: Anand Kumar, Associate Director of Retail Research August 30, 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 second-quarter 2023 earnings. This week, there are highlights from companies that reported in the week ended August 27, 2023, across eight sectors: apparel and footwear, beauty, department stores, discount stores, home and home-improvement, pet care, 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: Coty, BJ’s Wholesale Club, Burlington Stores, Dollar Tree, Lowe’s, Petco Health and Wellness Company, Guess?, Kohl’s, Macy’s, Nordstrom, Ulta Beauty, Urban Outfitters Other relevant research: Earnings Insights 2Q23, Week 4: JD.com, Ross Stores, TJX and Walmart Report Strong Results; Home Depot and Target See Sales Decline Earnings Insights 2Q23, Week 3: Alibaba Reports Double-Digit Growth; Capri Holdings, Hanesbrands, Qurate Retail and Under Armour See Sales Decline Earnings Insights 2Q23, Week 2: Columbia Sportswear, Clorox, Floor & Decor and Sprouts Farmers Market Post Solid Results; Amazon Sees Online Sales Improve Earnings Insights 2Q23, Week 1: Albertsons, Crocs, L’Oréal, Walgreens and More Post Positive Performance; Levi’s Sees Sales Decline 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 DiveWho Shops Where? 2023 Shopper Demographics: US Consumer Tracker Extra, August 2023 Owen Riley, Analyst August 30, 2023 Reasons to ReadThe 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 an analysis of different demographics’ shopping patterns online and in-store based on our proprietary survey data in year-to-date 2023. We also include results from our weekly survey questions through August 21 aggregated in four-week increments over the past seven months, increasing the sample size of each period from about 400 to about 1,600. These aggregated results will be included in each US Consumer Tracker Extra from now on. Data in this research report are: Food and nonfood shopper profiles for each major retailer, broken down by age and household income, YTD 2023 Total urban vs rural ratings of each retailer’s food and nonfood consumer base Aggregated monthly data on activities, avoidance, online and in-store shopping, and food and nonfood retailers consumers shopped with YTD in 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 Tracker reports The Coresight Research US Consumer Tracker 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
