Insight ReportJuly 2023 Leading Indicators of US Retail Sales: Projecting Low-Single-Digit Growth Amid Marginal Disposable Income Rise Royce Baretto, Analyst Sector Lead: Anand Kumar, Associate Director of Retail Research July 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 July 26, 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: June 2023 Leading Indicators of US Retail Sales: Total Gains To Be in the Low Single Digits Due to Flat Disposable Income Growth The Coresight Research US Retail Sales Databank 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
Store TrackerWeekly US and UK Store Openings and Closures Tracker 2023, Week 30: US Openings Up 7% Aaron Mark Dsouza, Data Analyst July 28, 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: Forever 21, Amazon Other relevant research: Weekly US and UK Store Openings and Closures Tracker 2023, Week 29: UK Closures Up 91% 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 Monthly Consumer Update: US, UK and China Aditya Kaushik, Analyst July 27, 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 July 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 DiveUnderstanding Cross-Channel and Cross-Category Shopping: US Consumer Tracker Extra, July 2023 Owen Riley, Analyst July 27, 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. Data in this report are: Proportion of respondents shopping for products by channel, broken down by age and Income, YTD 2023 Demographic profiles of single-channel consumers The most-frequent category combinations purchased in-store and online Frequency-adjusted correlations between categories purchased 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
Insight ReportAmazon Prime Day 2023: Small Businesses and Livestreaming Underpin the ~$10 Billion Shopping Festival Terence Ng, Senior Analyst Sector Lead: John Harmon, CFA, Associate Director of Technology Research July 26, 2023 Reasons to ReadAmazon’s Prime Day, which took place on July 11–12, 2023, offered Prime members access to deals on thousands of products from popular brands. We explore the performance of this year’s Prime Day, based on findings from a recent proprietary survey of US consumers and metrics released by Amazon on July 13, 2023. Data in this research report include: Coresight Research estimates on the scale of Amazon’s Prime Day 2023 Proprietary survey findings—whether US consumers shopped Prime Day promotions and how much they spent compared to last year, plus the product categories they purchased Coresight Research survey data and estimates on livestreaming e-commerce in the US Companies mentioned in this report include: Amazon, TikTok Other relevant research: Amazon Prime Day 2023 Insights: New Features and Innovations for the Shopping Festival Amid Competition and Other Challenges More Coresight Research coverage of Amazon Prime Day, including from past years Amazon Apparel US Consumer Survey 2023—full report and infographic The Coresight Research Amazon Databank brings together a range of proprietary data on Amazon, with a focus on its US retail operations. 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 DivePrivate Label vs. Name Brands: Uncovering Growth Opportunities in the US Food and Beverage Market Sujeet Naik, Analyst Sector Lead: Anand Kumar, Associate Director of Retail Research July 26, 2023 Reasons to ReadWe explore key trends and new opportunities in the US food and beverage private-label market using data from analytics firm Circana as well as proprietary Coresight Research surveys. Data in this research report include: Private label vs. name brands in US food and beverage—sales growth, market share, growth in average price per unit US consumers’ response to inflation in grocery—changed shopping behaviors Top edible categories in which private label and name brands have recently gained share Companies mentioned in this report include: Albertsons, Aldi, Costco, Kroger, Lidl, Target, Walmart Other relevant research: Market Navigator: US Grocery Retailing—Exploring Growth, Inflation, Competition, Trends and Strategies US Online Grocery Survey 2023: Insights into Shopper Behaviors, Quick Commerce and Meal Kits How US Consumers Are Shopping for Groceries: Analyzing Traffic, Ticket, E-Commerce and Private Label All our coverage of grocery retail 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 ReportAmazon Prime Day India 2023: Wrap-Up—Discounts Drive Prime Members To Splurge Arun Sriram, Analyst Sector Lead: Anand Kumar, Associate Director of Retail Research July 26, 2023 Reasons to ReadAmazon India held its seventh annual Prime Day sale on July 15–16, 2023. We present key trends and insights from India Prime Day 2023 based on our observations and metrics released by Amazon on July 20, 2023. Data in this research report include: Total savings provided to Prime members during India Prime Day 2023 Peak order-per-minute rate during the shopping festival Number of new product launches across all price tiers during Prime Day in India Number of new small and medium businesses that were onboarded as part of the festival Companies mentioned in this report include: Amazon, Flipkart, LG, Myntra, Sony, Tata Cliq Other relevant research: Amazon India Prime Day 2023: Preview—A Focus on Convenience and Value, Plus Engagement Through Livestreaming and Gamification More Coresight Research coverage of Amazon’s Prime Day, including in the US and from past years The Coresight Research Amazon Databank brings together a range of proprietary data on Amazon, with a focus on its US retail operations. All our reports on shopping festivals/holidays and India 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
Deep DiveSurprisingly Strong In-Store Shopping Accompanies Prime Day Week: US Consumer Tracker 2023, Week 30 Owen Riley, Analyst July 25, 2023 Reasons to ReadThe Coresight Research weekly US Consumer Tracker 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 July 17, 2023. Data in this 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 Avoidance of public places, by type of public place—latest data and four-week PPT changes Activities that consumers have done in the past two weeks 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 tracker 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
Event Coverage10 Insights from The Lead Innovation Summit 2023: Winning in Retail Through Immersive Experiences and Genuine Care Sunny Zheng, Analyst Sector Lead: Anand Kumar, Associate Director of Retail Research July 25, 2023 Reasons to ReadWe present 10 key insights from The Lead Innovation Summit 2023, held on July 12–13, 2023. The event brought together over 2,000 retail leaders from the fashion, beauty, home, consumer and retail innovation community to discuss growth strategies and solutions to key challenges. Don’t miss out on these critical takeaways from industry experts and leading brands, covering inclusivity, consumer engagement and more. Other relevant research: Coresight Research reports on retail technology, physical retail and inclusivity More coverage of industry events 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
Research DigestInsights Video: Market Navigator—US Grocery Retailing John Mercer, Head of Global Research and Managing Director of Retail ResearchSujeet Naik, Analyst Sector Lead: Anand Kumar, Associate Director of Retail Research July 24, 2023 Reasons to ReadIn this Insights Video, John Mercer, Head of Global Research and Managing Director of Data-Driven Research, and Sujeet Naik, Analyst, present highlights from our Market Navigator on US grocery retailing. They discuss growth drivers and the competitive landscape, and explore key themes in the market. Data in this Insights Video include: Coresight Research estimates on the US grocery market scale—distribution by type of retailer and e-commerce trajectory Proprietary US consumer survey data on the leading brands and retailers in the market Private label vs. name brands—sales growth and market share Completed M&A transactions in the US grocery sector Other relevant research: View the presentation accompanying this video here. Market Navigator: US Grocery Retailing—Exploring Growth, Inflation, Competition, Trends and Strategies All our coverage of grocery retail 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 ReportM&A in US Food and Beverage CPG: Three Key Themes—Category Expansion, Brand Focus and Evolving Consumer Needs Arun Sriram, Analyst Sector Lead: Anand Kumar, Associate Director of Retail Research July 24, 2023 Reasons to ReadThe food and beverage consumer packaged goods (CPG) category in the US has witnessed over 100 mergers and acquisitions (M&A) deals over the past four years, as CPG food and beverage companies have increasingly found these deals favorable. Examining recent M&A deals, we explore three key themes in M&A in the US food and beverage sector—namely, category expansion, increased category focus, and evolving consumer needs and expectations. Companies mentioned in this report include: J&J Snack Foods, Keurig Dr. Pepper, Mars, Incorporated, Mondelēz International, Nestlé, Starbucks, Unilever Other relevant research: Five Trends in US Food CPG: Transparency, Sustainability and Technology Lead the Way Five Key Strategies for CPG Companies to Tackle Inflation and Changing Consumer Behavior in 2023 See all reports in the Coresight Research 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
Deep DiveRetail-Related Activities Tick Down: China Consumer Tracker Echo Gong, Senior Analyst July 24, 2023 Reasons to ReadThe 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 July 10, 2023. Data in this research report are: Avoidance of public places, by type of public place—latest data and one-and four-week PPT changes Activities that consumers have done in the past two weeks 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 Tracker 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 ReportJune 2023 UK Retail Sales: Warm Weather Boosts Retail Sales Growth Aditya Kaushik, Analyst July 24, 2023 Reasons to ReadUsing data from the Office for National Statistics (ONS), we analyze UK retail sales in June 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, April–June 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
Analyst CornerWeinswig’s Weekly: Helping the Retail Ecosystem Understand Generative AI and Its Opportunities John Mercer, Head of Global Research and Managing Director of Retail Research July 23, 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,” looks at new research on generative AI (artificial intelligence) and its applications in retail. Other relevant research: Generative AI Latest: Content Indemnification, Security Concerns and Response from Chinese Giants The 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 Read last week’s Weinswig’s Weekly, which discusses how AI-powered predictive analytics is driving data-decision decision-making in 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
Event PresentationUS Grocery Retailing—Exploring Growth, Inflation, Competition, Trends and Strategies: Highlights from the Market Navigator Sujeet Naik, Analyst July 21, 2023 Reasons to ReadThis presentation accompanies our Insights Video, in which John Mercer, Head of Global Research and Managing Director of Data-Driven Research, and Sujeet Naik, Analyst, present highlights from the Coresight Research Market Navigator on US grocery retailing. In this presentation, we provide insights into growth drivers and the competitive landscape, and explore key themes in the market Data in this presentation include: Coresight Research estimates on the US grocery market scale—distribution by type of retailer and e-commerce trajectory Proprietary US consumer survey data on the leading brands and retailers in the market Private label vs. name brands—sales growth and market share Completed M&A transactions in the US grocery sector Companies mentioned in this presentation include: Albertsons, Ahold Delhaize, Aldi, Dollar General, Dollar Tree, Costco, Kroger, Publix, Target, Walmart Other relevant research: Watch the Insights Video on US grocery retailing. Market Navigator: US Grocery Retailing—Exploring Growth, Inflation, Competition, Trends and Strategies All our coverage of grocery retail 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
