Insight ReportData Dive: UK Retail Sales Outlook 2023 John Mercer, Head of Global Research and Managing Director of Retail Research March 23, 2023 Reasons to ReadWe consider a number of major macroeconomic indicators and their likely effect on UK retail sales. We include our proprietary projections for year-over-year retail sales growth, month by month. This report is part of our Data Dive series, in which each report offers an essential briefing on topical, need-to-know data. Data in this report include: UK actual retail sales versus model predicted sales (year-over-year changes) UK average weekly earnings and unemployment rate, December 2021–December 2022 Consumer sentiment index, January 2021–January 2023 UK automotive fuel prices UK House Price Index Other relevant research: January 2023 UK Retail Sales: Sales Slow Amid Economic Uncertainty Global Economic Outlook Looking More Positive: What’s New The previous report in our Data Dive series, How Many Grocery-Store SKUs Are KVIs? 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 DiveFive Key Strategies for CPG Companies to Tackle Inflation and Changing Consumer Behavior in 2023 Arun Sriram, Analyst Sector Lead: Anand Kumar, Associate Director of Retail Research March 23, 2023 Reasons to ReadThe US consumer packaged goods (CPG) sector is experiencing several strong headwinds, including inflation, higher input costs and rapidly changing consumer demand. Inflationary pressures and consumer fears of an economic slowdown have already resulted in lower consumer confidence and reduced basket sizes, impacting CPG sales. We look at five key strategies that CPG companies can adopt to remain resilient through this period of economic uncertainty. Data in this report include: US CPG market size and year-over-year change for 2017 through 2026 (estimated) Price per unit across prominent US CPG categories and year-over-year changes for 2022 and early 2023 Unit sales for prominent US CPG categories and year-over-year changes for 2022 and early 2023 Proprietary Coresight Research survey data on how respondents who have observed inflation have changed, or expect to change, their grocery shopping habits Companies mentioned in this report include: Clorox, Colgate-Palmolive Company, The Procter & Gamble Company, Reckitt Benckiser Group, Unilever Other relevant research: Market Outlook: US CPG—Growth Led by Price Hikes Amid Macroeconomic Volatility 10 Trends in the US CPG Market Read reports in our US CPG Sales Tracker series Explore CPG data, reports and company profiles on the Coresight Research Food, Grocery and CPG Retail Hub 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 Report2023 US Tax Tracker #2: IRS Issues $127.3 Billion in Refunds, Number of Returns Up by 10.6% Aden Dillon D'Souza, Analyst March 23, 2023 Reasons to ReadEach year, the IRS (Internal Revenue Service) reports tax return filings and refunds on a weekly basis. This year, the filing deadline is on April 18. Continuing our US Tax Tracker series, we look at what has happened in the 2023 tax-filing season so far, as of March 3, 2023. Data in this report include: Number of returns filed and processed, and total and average refunds returned to date Total annual refunds disbursed, 2015–2023YTD Other relevant research: Tax-filing metrics in the year-ago period: 2022 US Tax Tracker #2: IRS Issues $103 Billion in Refunds; Average Refund Up 15% Our wrap-up report on the 2022 filing season 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
Innovator ProfileInnovator Profile: Tolstoy Helps Brands Create Engaging Shopping Experiences Through Interactive, Shoppable Video Primel Konok, Analyst Sector Lead: John Harmon, CFA, Associate Director of Technology Research March 22, 2023 Reasons to ReadCoresight Research is a research partner of Shoptalk 2023. On March 26, 2023, Deborah Weinswig, CEO and Founder of Coresight Research, will emcee and feature on the judging panel of the “Shark Reef” startup pitch competition, which will see 12 early-stage innovators compete to win the Judges’ Choice and Audience Choice awards. In the lead-up to the event, we are profiling the participating innovators. In this report, we present Tolstoy, an end-to-end video–commerce platform that enables brands to increase sales and shopper engagement by adding shoppable, interactive video to their digital surfaces. This report forms part of our Innovator Profile series, which focuses on emerging technologies that are disrupting traditional retail and fueling innovation across the retail value chain. Other relevant research: Coresight Research reports on livestreaming e-commerce A Must-Read Guide to Shoptalk 2023: How To Maximize Your Time and Create Opportunities Across Five Retail Themes More Innovator Research (including Innovator Profile reports) from Coresight Research All Coresight Research coverage of emerging technology 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 ReportWhat Silicon Valley Bank’s Downfall Means for Retail Tech Anand Kumar, Associate Director of Research Sector Lead: Swarooprani Muralidhar, Director of Research March 22, 2023 Reasons to ReadOn March 10, 2023, the California Department of Financial Protection and Innovation took possession of Silicon Valley Bank (SVB), citing insufficient solvency and liquidity. We assess the key reasons behind SVB’s collapse and analyze its impacts across industries globally. Data in this report include: SVB key metrics, including market capitalization, total assets and total loans SVB Financial Group’s financial metrics for the last five reported quarters Companies mentioned in this report include: Andie Swim, Circle, Etsy, Roblox, Roku Other relevant research: More Coresight Research reports on capital markets 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 Dresswear Retailing: Sales To Dwindle in 2023 as Pent-Up Demand Fades Sunny Zheng, Analyst Sector Lead: Anand Kumar, Associate Director of Retail Research March 22, 2023 Reasons to ReadWe explore how dresswear, smart-casual and occasion-based apparel in the US will fare after a year of strong demand revival. We present category growth projections, insights into market factors, proprietary survey findings on consumer spending, and more. Data in this report include: Market size and growth of selected US apparel categories, 2018–2027E US inflation rate in the apparel and footwear sector (consumer price index) Survey findings—proportions of US consumers who purchased dresswear in the past three months or will purchase in the next three months; and categories they purchased/will purchase US apparel, footwear and apparel accessories revenues of selected brands and retailers Companies mentioned in this report include: Amazon, Capri Holdings, Guess?, Kohl’s, Macy’s, Nordstrom, Tapestry, Target, Walmart Other relevant research: Market Navigator: US Apparel and Footwear Retailing—After the Bounce, What’s Next? All Coresight Research coverage of apparel and footwear retail and specialty apparel 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
Free Data GraphicThree Things You Need To Know: Head-to-Head in US Drugstore Retailing—CVS Health vs. Walgreens Boots Alliance Coresight Research March 22, 2023 Our Three Things You Need To Know series provides free snapshots of Coresight Research data and findings. This graphic presents selected insights on CVS Health (CVS) and Walgreens Boots Alliance (WBA), the top retailers in the US drugstore sector. Subscribers can access the full research behind this graphic here. To find out how to subscribe, click here. CVS and WBA offer a wide variety of medicines and other products. As part of the Coresight Research Head-to-Head series, we provide analysis of the companies’ revenues, financial performances and key strategies. This document was generated for
Insight ReportChina’s 2023 National People’s Congress: What Retailers Need To Know Charlotte Rothschild, Analyst Sector Lead: John Harmon, CFA, Associate Director of Technology Research March 22, 2023 Reasons to ReadWe analyze the retail implications of this year’s National People’s Congress, China’s annual legislative meeting, which took place March 5–13, 2023 in Beijing. Data in this report include: Year-over-year growth for China’s GDP from 2013 through 2023 (estimated) Specific economic targets announced during the 2023 National People’s Congress The value of China’s digital economy and its share of the country’s GDP in 2021 Companies mentioned in this report include: Alibaba, JD.com, Pinduoduo, Tencent and Xiaohongshu Other relevant research: Market Outlook: US and China E-Commerce—Growth To Slow Post Pandemic Inflection Points in the Global Economy in 2023 Temu, the New E-Commerce Marketplace Taking the US by Storm—What Do Consumers Actually Think? Read the Coresight Research China Consumer Tracker 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
Innovator ProfileInnovator Profile: Nibble Facilitates One-to-One Price Negotiation Terence Ng, Senior Analyst Sector Lead: John Harmon, CFA, Associate Director of Technology Research March 22, 2023 Reasons to ReadCoresight Research is a research partner of Shoptalk 2023. On March 26, 2023, Deborah Weinswig, CEO and Founder of Coresight Research, will emcee and feature on the judging panel of the “Shark Reef” startup pitch competition, which will see 12 early-stage innovators compete to win the Judges’ Choice and Audience Choice awards. In the lead-up to the event, we are profiling the participating innovators. In this report, we present Nibble, an AI (artificial intelligence) chatbot for e-commerce retailers that lets customers negotiate personalized prices on desired products or services. This report forms part of our Innovator Profile series, which focuses on emerging technologies that are disrupting traditional retail and fueling innovation across the retail value chain. Other relevant research: The Future of AI in Retail: What Technology Could Make Possible by 2030 A Must-Read Guide to Shoptalk 2023: How To Maximize Your Time and Create Opportunities Across Five Retail Themes Look out for further Innovator Profile reports on each of the participating companies in the “Shark Reef” startup pitch competition. More Innovator Research (including Innovator Profile reports) from Coresight Research All Coresight Research coverage of emerging technology 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 ReportJanuary and February 2023 China Retail Sales: Total Sales Pick Up as Most Sectors Report Positive Growth Aditya Kaushik, Analyst Sector Lead: John Mercer, Head of Global Research and Managing Director of Retail Research March 21, 2023 Reasons to ReadWe analyze China’s retail sales for January and February 2023 in total and by sector, as well as online penetration and online retail sales. Data in this report are: Total China retail sales year-over-year growth from January 2022 to February 2023 China retail sales year-over-year growth by sector for November 2022, December 2022 and January and February 2023 China online retail sales as a proportion of total retail sales from January 2022 to February 2023 Other relevant research: Coresight Research’s 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
Insight ReportThe Last-Mile Race Intensifies: Target and Walmart Pave the Way in Delivery Innovation Primel Konok, Analyst Sector Lead: John Harmon, CFA, Associate Director of Technology Research March 21, 2023 Reasons to ReadAs consumer demand for convenience and speed in the last mile grows, we discuss the innovative delivery initiatives of leading US retailers Target and Walmart—covering drones, sortation centers and more. We present key developments for each initiative and the impacts for the wider retail industry. Companies mentioned in this report include: DroneUp, Salesforce, Shipt, Target, Walmart Other relevant research: Innovator Matrix: Last-Mile Delivery All Coresight Research coverage of supply chain 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 Consumer Tracker: Avoidance Rises and Activity Slides Owen Riley, Analyst March 21, 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 March 13, 2023. Data in this report are our latest proprietary survey findings and four-week changes for: Which retailers consumers have bought food and nonfood products from in the last two weeks Avoidance of public places, by type of public place Activities that consumers have done in the past two weeks What products consumers have bought in-store and online in the last 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 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
Innovator ProfileInnovator Profile: Seer Enables Content Creation and Personalization To Increase Consumer Engagement Charlotte Rothschild, Analyst Sector Lead: John Harmon, CFA, Associate Director of Technology Research March 21, 2023 Reasons to ReadCoresight Research is a research partner of Shoptalk 2023. On March 26, 2023, Deborah Weinswig, CEO and Founder of Coresight Research, will emcee and feature on the judging panel of the “Shark Reef” startup pitch competition, which will see 12 early-stage innovators compete to win the Judges’ Choice and Audience Choice awards. In the lead-up to the event, we are profiling the participating innovators. In this report, we present Seer, a content creation, communication and sales platform for retailers. This report forms part of our Innovator Profile series, which focuses on emerging technologies that are disrupting traditional retail and fueling innovation across the retail value chain. Other relevant research: A Must-Read Guide to Shoptalk 2023: How To Maximize Your Time and Create Opportunities Across Five Retail Themes Look out for further Innovator Profile reports on each of the participating companies in the “Shark Reef” startup pitch competition. More Innovator Research (including Innovator Profile reports) from Coresight Research All Coresight Research coverage of emerging technology 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 CoverageMicrosoft Ability Summit 2023—The Latest Trends in AI and Inclusive Technology Daniel Rodden, Analyst Sector Lead: Swarooprani Muralidhar, Director of Research March 21, 2023 Reasons to ReadOn March 8, 2023, Microsoft held its annual Ability Summit, which attracted more than 20,000 attendees and featured discussions on the importance of inclusivity and how to use technology and policy to expand opportunities for persons with disabilities. We present key insights from the event on these topics and more. Companies mentioned in this report include: Google, Haleon, Microsoft, Shapeways and Tommy Hilfiger Other relevant research: Inclusivity in Retail: Trends from 2022, Opportunities for 2023 RetailTech: Cloud Computing—Amazon vs. Google vs. Microsoft Read all Coresight Research coverage of emerging technology, including AI Dive into all Coresight Research coverage of the technology 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
Innovator ProfileInnovator Profile: Drop Facilitates Seamless and Scalable Selling on Social Media Primel Konok, Analyst Sector Lead: John Harmon, CFA, Associate Director of Technology Research March 20, 2023 Reasons to ReadCoresight Research is a research partner of Shoptalk 2023. On March 26, 2023, Deborah Weinswig, CEO and Founder of Coresight Research, will emcee and feature on the judging panel of the “Shark Reef” startup pitch competition, which will see 12 early-stage innovators compete to win the Judges’ Choice and Audience Choice awards. In the lead-up to the event, we are profiling the participating innovators. In this report, we present Drop, a social commerce platform that enables enterprise brands and retailers to engage with and sell products to their social media followers directly through Instagram Direct Message. This report forms part of our Innovator Profile series, which focuses on emerging technologies that are disrupting traditional retail and fueling innovation across the retail value chain. Other relevant research: Think Tank: Seizing Social Commerce Opportunities in the US US Social Commerce Survey 2022: Capitalizing on Social Media Influence in Retail A Must-Read Guide to Shoptalk 2023: How To Maximize Your Time and Create Opportunities Across Five Retail Themes Look out for further Innovator Profile reports on each of the participating companies in the “Shark Reef” startup pitch competition. More Innovator Research (including Innovator Profile reports) from Coresight Research. All Coresight Research coverage of emerging technology 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
