Store TrackerUS Store Tracker Extra, June 2023: Walgreens Adds 2 Million Square Feet to Closures Aaron Mark Dsouza, Data Analyst July 5, 2023 Reasons to ReadThe US will see more than 60 million square feet of retail space close in 2023, with Walgreens contributing over 2 million square feet to that figure. The US Store Tracker Extra monthly series offers insight into retailers’ store closure and opening announcements, including their square-footage impact. In this report, we detail announced closures and openings as of June 30, 2023. Data in this report are: Year-to-date announced US store closures and openings estimates for 2023, by retailer Year-to-date announced 2023 US store closures and openings estimates in gross square feet, by retailer US announced store closures and openings: week-by-week data for year-to-date 2023 versus the comparable period in 2022 Companies mentioned in this report include: Amazon, Casey’s General Stores, Dollar General, Gap Inc., Walgreens Boots Alliance Other relevant research: View our full collection of Weekly US and UK Store Openings and Closures Tracker and monthly US Store Tracker Extra reports. The Coresight Research US Store Tracker Databank offers our premium subscribers access to openings and closures data from 2012 to 2022 year to date, filterable by sector and year. 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 Report1Q23 US Retail Inventory Tracker: Inventory Turnover Ratios Further Improve for Many Retailers Aditya Kaushik, Analyst July 5, 2023 Reasons to ReadIn our quarterly US Retail Inventory Tracker reports, we analyze inventory trends among US retailers listed in the Coresight 100. In this report, we look at the inventory levels of various retailers in 1Q23 and assess why levels may have changed from the year-ago period, across the following sectors: Apparel specialty retail—Academy Sports & Outdoors, American Eagle Outfitters, Burlington Stores, Gap Inc., Ross Stores, The TJX Companies and Urban Outfitters Beauty retail—Bath & Body Works and Ulta Beauty Department stores—Kohl’s, Macy’s and Nordstrom Discount stores—Big Lots and Dollar Tree Drugstores—CVS Health and Walgreen Boots Alliance Electronics retail—Best Buy Food and grocery retail—Albertsons Companies, Kroger, Sprouts Farmers Market, Weis Markets Home and home-improvement retail—Home Depot, Lowe’s Companies and Williams-Sonoma Jewelry retail—Signet Jewelers Luxury retail—Capri Holdings and Tapestry Mass merchandisers—Target and Walmart Warehouse clubs—BJ’s Wholesale Club and Costco Click here to read the previous report in the series, which looks at 4Q22. 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 ReportRetail Around the World: Coresight Research Observations, 2Q23 Coresight Research July 4, 2023 Reasons to ReadCoresight Research is a global company with offices in seven cities across four continents, bringing unique points of view to our retail research. Our Retail Around the World series presents photographs of retail in action from across the globe, taken by members of the Coresight Research team. Companies mentioned in this research report include: Alibaba, Bloomingdales, Cartier, Guess?, JD.com, Saks Fifth Avenue, Sephora, Target Other relevant research: Retail Around the World: Coresight Research Observations, March 2023 Our coverage of physical retail and sustainability 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 DiveJune 2023 US Housing Market Indicators: New Home Sales Continue To Shine Royce Baretto, Analyst July 4, 2023 Reasons to ReadThe Coresight Research US Housing Market Indicators series analyzes the current housing market landscape in the US, based on a range of metrics. We identify the factors influencing the industry and resulting in changes in supply and demand with inputs for the retail sector. This report analyzes the latest data available as of the end of June 2023. Data in this report include: US housing permits, starts and completions US existing home sales US Pending Home Sales Index US new home sales US Housing Affordability Index Other relevant research: The previous US Housing Market Indicators report Market Outlook: US Home-Improvement Retailing—Personalization and the Resurrection of In-Store Retail Our complete coverage of home and home-improvement retail View our full collection of monthly reports, which 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 DiveIn-Store Shopping Thrives: US Consumer Tracker 2023, Week 27 Owen Riley, Analyst July 4, 2023 Reasons to ReadThe 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 Other relevant research: Read the full series of US Consumer Tracker 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
Deep DiveHead-to-Head in UK Apparel Retailing: Boohoo vs. Primark Anand Kumar, Associate Director of Research Sector Lead: Swarooprani Muralidhar, Director of Research July 4, 2023 Reasons to ReadBoohoo 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 Other relevant research: Global Fast Fashion: Market Poised for Strong Growth, but Sustainability Challenges Remain E-Commerce Outlook: European Apparel and Footwear—Poised for Growth in 2023 and Beyond Market Outlook: UK Apparel and Footwear Retailing—Market Softens, Industry Players Seek To Improve Margins 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 DiveRetail-Tech Landscape: Checkout Solutions Vijay Doijad, Analyst Sector Lead: John Harmon, CFA, Associate Director of Technology Research July 3, 2023 Reasons to ReadCoresight 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. Other relevant research: The Evolution of Checkout: Trends and Innovations for a Seamless Shopping Experience Tackling Online Cart Abandonment: How To Convert the Three in Four Carts Lost at Checkout All our Retail-Tech Landscapes spotlighting innovators that are disrupting the retail industry, including in the areas of payments and loss prevention. 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 DiveConsumer Demand Sees a Slower Recovery: China Consumer Tracker Echo Gong, Senior Analyst July 3, 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 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 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 ReportThe Evolution of Checkout: Trends and Innovations for a Seamless Shopping Experience Vijay Doijad, Analyst Sector Lead: John Harmon, CFA, Associate Director of Technology Research July 3, 2023 Reasons to ReadWe 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 Other relevant research: Retail-Tech Landscape: Checkout Solutions Frictionless Grocery: Pandemic Ushers In Smart Checkout Technologies Shifting Payment Infrastructure—The Path to Frictionless Checkout and Decentralized 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 ReportUS Apparel and Beauty Spending Tracker, May 2023: Clothing, Footwear and Beauty Spending Growth All Moderate Further Sunny Zheng, Analyst July 3, 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 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 Other relevant research: The previous US Apparel and Beauty Spending Tracker with April 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: It’s the Season for… Looking Ahead to Retail Opportunities John Mercer, Head of Global Research and Managing Director of Retail Research July 2, 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 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. Other relevant research: US Consumer Tracker Extra: Seasonal Shopping, 3Q23—Holidays Preview Our full series of US Consumer Tracker and US Consumer Tracker Extra survey reports Amazon Prime Day 2023: Preview—Five Key Insights US Back to School 2023: Retail Outlook—Macro Context and Consumer Plans All Coresight Research coverage of US holiday retail Read last week’s Weinswig’s Weekly, which discusses new Coresight Research survey analysis and data-driven research on key themes in US grocery retailing. This document was generated for
Insight ReportAmazon Prime Day 2023: Preview—Five Key Insights Sunny Zheng, Analyst Sector Lead: Anand Kumar, Associate Director of Retail Research June 30, 2023 Reasons to ReadAmazon’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 Other relevant research: US Consumer Tracker Extra: Seasonal Shopping, 3Q23—Holidays Preview 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. All our reports on shopping festivals and holidays 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 26: Walgreens Boots Alliance Drives Closures on Both Sides of the Atlantic Aaron Mark Dsouza, Data Analyst June 30, 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: Walgreens Boots Alliance, Claire’s Other relevant research: Weekly US and UK Store Openings and Closures Tracker 2023, Week 25: UK Store Openings Cross 1,000 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 ReportHoliday 2023: Early US Retail Outlook John Mercer, Head of Global Research and Managing Director of Retail Research June 29, 2023 Reasons to ReadWe 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. 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: Empowering Productivity and Marketing Globally, Regulations for Responsible Use in China Terence Ng, Senior Analyst June 29, 2023 Reasons to ReadWe 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 Other relevant research: The updated Coresight Research CORE Framework for Generative AI in Retail ChatGPT and Generative AI: Five Things Retailers Should Know—Update The Retail Buzz Around Generative AI—Infographic All Coresight Research coverage of emerging technology in retail, including generative AI 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
