Deep DiveHead-to-Head in US Drugstore Retailing: CVS Health vs. Walgreens Boots Alliance Aditya Kaushik, Analyst Sector Lead: Swarooprani Muralidhar, Director of Research March 20, 2023 Reasons to ReadCVS Health and Walgreens Boots Alliance are the top retailers in the US drugstore sector, offering 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, customer purchase trends, store metrics, technological advancements and key strategies. Data in this report include: Revenue, broken down by segment, for CVS Health and Walgreens Boots Alliance for fiscal 2017–2022 Operating profits and margins for both companies for fiscal 2017–2022 Proprietary Coresight Research data on retailers drugstore or pharmacy visitors purchased from in early 2023 Store numbers for CVS and Walgreens for fiscal 2017–2022 Monthly US store traffic for both companies for December 2021–December 2022 Companies mentioned in this report include: CVS Health, Microsoft, Signify Health, Summit Health and Walgreens Boots Alliance Other relevant research: Market Outlook: US Drugstores—Focusing on Tech-Enabled Healthcare Solutions Walmart To Expand Its Health Footprint, Plans To Nearly Double Its Healthcare Centers by 2025 US CPG—Consumer Health: Understanding a Category Marked by Spin-Offs All Coresight Research of the drugstore 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 DiveChina Consumer Tracker: Understanding Luxury Shoppers Echo Gong, Senior Analyst March 20, 2023 Reasons to ReadThe Coresight Research biweekly China Consumer Tracker takes a regular temperature check on Chinese consumers’ behaviors and sentiment, based on exclusive proprietary survey data. In this report, we present findings from our survey conducted on March 6, 2023. Data in this report are: Consumers’ reasons and channels for discovering and purchasing luxury products 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 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 Appendix—a timeline of selected Covid-19 policy changes in China since December 2022 Other relevant research: Read the full series of China Consumer Tracker reports China Consumer Tracker Preview: Early Data on Shopper Behavior and Sentiment 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
Deep DiveRetail-Tech Landscape: Robotics and Automation Manik Bhatia, Head of Cobranded Research Sector Lead: John Harmon, CFA, Associate Director of Technology Research March 20, 2023 Reasons to ReadRobotics and automation will increasingly play an important role in the retail sector as retailers look to invest in technologies to deal with margin pressures amid headwinds such as inflationary pressure and an uncertain macroeconomic environment. We highlight key industry trends in retail robotics and present selected startups globally whose robotics technology solutions support brands and retailers in automating processes across selected categories. Categories covered in this landscape are: Order fulfillment and collaborative robots Delivery Manufacturing Shelf monitoring Companies mentioned in this report include: Avidbots, Exotec, Fabric, inVia Robotics, Nuro, Soft Robotics, SoftWear Automation, Starship Technologies, Takeoff Our landscape infographic summarizes the companies outlined in this report. Other relevant research: Robotics in Retail—Part 1: Autonomous Vehicles and Cobots Optimize the Supply Chain Robotics in Retail—Part 2: Service Bots Automate and Upgrade the In-Store Experience All our Retail-Tech Landscapes spotlighting innovators that are disrupting the retail industry 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: Talking about Shoptalk 2023 John Harmon, CFA, Managing Director of Technology Research March 19, 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” (CEO and Founder of Coresight Research), discusses the Coresight Research team’s activities at the upcoming Shoptalk conference in Las Vegas in late March. We would love to connect with you; book a meeting with the team in Las Vegas. Other relevant research: A Must-Read Guide to Shoptalk 2023: How To Maximize Your Time and Create Opportunities Across Five Retail Themes Read last week’s Weinswig’s Weekly, which discusses the new Coresight Research Market Navigator report series. This document was generated for
Innovator ProfileInnovator Profile: Hark Transforms Customer Service with an AI-Powered Solution Vijay Doijad, Analyst Sector Lead: John Harmon, CFA, Associate Director of Technology Research March 17, 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 Hark, an AI-powered customer experience platform that enables seamless post-purchase interactions between customers and service teams through the use of video and audio prompts. 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
Insight ReportData Dive: How Many Grocery-Store SKUs Are KVIs? John Mercer, Head of Global Research and Managing Director of Retail Research March 17, 2023 Reasons to ReadAmid still highly elevated food-price inflation in the US, we consider new Coresight Research data on how many grocery store products US consumers claim to know the prices of in advance of shopping. We also look beyond the US to the battle between major grocery retailers and hard discounters in the UK. 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 proprietary survey findings on the following: How many items grocery shoppers know the usual price for before arriving at the store—plus breakdowns by household income and age The grocery product categories that shoppers most know the usual prices for before arriving at the store Companies mentioned in this report include: Aldi, Lidl, Sainsbury’s, Target, Tesco, Walmart, Whole Foods Other relevant research: Explore more data and reports in the Food, Grocery and CPG Retail Hub. All Coresight Research coverage of the CPG sector and food and grocery retail The previous report in our Data Dive series, The Grocery-Store Categories Where US Shoppers Are Cutting Purchases the Most 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 11: UK Closures Up 44% Aaron Mark Dsouza, Data Analyst March 17, 2023 Reasons to ReadOur Weekly US and UK Store Openings and Closures Tracker reports on store closures, openings and bankruptcies. Data in this 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 report include: American Eagle Outfitters, BJ’s Wholesale Club, Guess?, Gap Inc. and Ulta Beauty. Other relevant research: Weekly US and UK Store Openings and Closures Tracker 2023, Week 10: US Openings Cross 3,500 Store Tracker Extra: US and UK Store Openings and Closures 2022 Review and 2023 Outlook The full collection of Weekly US and UK Store Openings and Closures Tracker reports Complementing our weekly report, 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. 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 Coverage3DLOOK, Clientricity and Trove Talk AI in Fashion Retail with Coresight Research Marie Driscoll, CFA, Managing Director of Beauty and Luxury Sector Lead: Anand Kumar, Associate Director of Retail Research March 16, 2023 Reasons to ReadAt the “AI in Fashion Retail” event, hosted by 3DLOOK and Shopify, Coresight Research moderated a panel featuring speakers from 3DLOOK, Clientricity and Trove. We present insights from the panel on the impact of AI on fashion retail, spanning recommerce, sustainability, customer experience and personalization. Companies mentioned in this report are: 3DLOOK, Clientricity, Lululemon and Trove Other relevant research: Building Blocks of the Metaverse: Artificial Intelligence (AI) The Future of AI in Retail: What Technology Could Make Possible by 2030 Retail Innovators: Tech—AI/ML Solutions All Coresight Research coverage of apparel and footwear 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 Consumer Outlook and US Retail Outlook for 2023—Presentation Coresight Research March 16, 2023 Reasons to ReadOn March 1, 2023, Coresight Research presented its outlook for US retail and the consumer economy. In this presentation, we consider whether real declines in retail sales will continue, whether US retail is overinflated, why we may be entering an era of renewed services spending—and why the consumer economy resembles a game of chutes and ladders. Data in this report include: US retail sales—recent growth rates, real multi-year expansion and Coresight Research growth projections Proprietary Coresight Research US survey data on consumers’ reactions to inflation in retail The balance between consumer spending on retail goods and discretionary services Consumers’ excess savings levels and the pace of depletion Coresight Research survey data on US consumers’ savings firepower Consumer credit levels and asset-price changes Other relevant research: Global Economic Outlook Looking More Positive: What’s New Insights Video: US Retail and Consumer Outlook Coresight Research US Consumer Tracker survey 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: Factored Quality Streamlines Quality Control Across Global Supply Chains Vijay Doijad, Analyst Sector Lead: John Harmon, CFA, Associate Director of Technology Research March 16, 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 Factored Quality, a platform that helps consumer goods brands streamline their quality control processes across their global supply chains. 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
InfographicCGI and 3D Product Imagery: The Future of Visual Merchandising in E-Commerce—Free Infographic Vijay Doijad, Analyst Sector Lead: Steven Winnick, Vice President—Innovator Services March 16, 2023 Reasons to ReadWe present selected insights into the current state of product imagery in e-commerce and the challenges that brands and retailers face when producing and managing product visuals, based on Coresight Research survey findings. We also examine CGI (computer-generated imagery) as a potential solution for next-generation visual merchandising to help brands navigate a competitive marketplace. This free infographic is sponsored by Nfinite, a visual e-merchandising software-as-a-service (SaaS) platform. Other relevant research: Read Coresight Research and Nfinite’s full report on this topic to learn more: CGI and 3D Product Imagery: The Future of Visual Merchandising in E-Commerce Previous Coresight Research x Nfinite research, Innovator Intelligence: CGI Provides Benefits for Retail That Traditional Photography Cannot Match More Innovator Research from Coresight Research In our webinar on March 22, 2023, Coresight Research and Nfinite explored the major challenges that e-commerce merchandisers are facing and how new technologies such as artificial intelligence (AI) and machine learning (ML) can help solve them. Watch the on-demand replay of this event here! This document was generated for
Event CoverageTrailblazerDX 2023: Keynote Address—Salesforce Jumps on the Generative AI Bandwagon with Einstein GPT John Harmon, CFA, Managing Director of Technology Research March 16, 2023 Reasons to ReadSalesforce announced its new Einstein GPT generative AI (artificial intelligence) technology at its TrailblazerDX developer conference in March 2023. We discuss this announcement and related developments. Other relevant research: Insights from other recent Salesforce events: Industry Analyst Forum 2022, Dreamforce 2022, Connections 2022 All our coverage of retail 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 ReportFebruary 2023 US Retail Sales: Total Sales See Second Month of Strong Expansion Daniel Rodden, Analyst Sector Lead: Swarooprani Muralidhar, Director of Research March 16, 2023 Reasons to ReadUsing data from the US Census Bureau, we analyze US retail sales in February 2023, in total and by sector. Data in this report are: Year-over-year changes in US total retail sales (excluding gasoline and automobiles), February 2022–February 2023 Year-over-year changes in retail sales by sector, December 2022 and January 2023 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 ReportWalmart To Expand Its Health Footprint, Plans To Nearly Double Its Healthcare Centers by 2025 Aditya Kaushik, Analyst Sector Lead: Swarooprani Muralidhar, Director of Research March 15, 2023 Reasons to ReadWalmart Health plans to expand into two more US states and open 28 new Walmart Health centers in 2024, bringing its US total to over 75 centers. We explore dive into where the company will expand, what the new centers will offer and what other retailers are doing in the healthcare segment. Data in this report include: Projected US healthcare expenditure, including out-of-pocket specifics, for 2022 and 2026 Size specifications for the new Walmart Health centers Details on various retailer acquisitions in the healthcare space, including acquisitions by Amazon, CVS Health and Walgreens Companies mentioned in this report include: Amazon, Best Buy, CVS Health, Walgreens and Walmart Other relevant research: Market Outlook: US Drugstores—Focusing on Tech-Enabled Healthcare Solutions All Coresight Research coverage of health and wellness All Coresight Research reports on mass merchandisers, discount stores and warehouse clubs 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
Market Navigators/Market OutlookMarket Navigator: US Apparel and Footwear Retailing—After the Bounce, What’s Next? Anand Kumar, Associate Director of ResearchSunny Zheng, Analyst March 15, 2023 Reasons to ReadEach Market Navigator report offers an in-depth, data-rich view of a retail, consumer or technology sector and is packed with data on sectors, segments, companies and consumers. Our analysts discuss at greater length the sector themes they are observing and the insights they are forming on their markets. We intend these definitive guides to serve as points of reference to those in the retail ecosystem, guiding readers’ strategic decision-making and assisting them in tapping opportunities and navigating disruption in retail and adjacent industries. We launch our Market Navigator series with this report on US apparel and footwear retailing, covering physical retail and e-commerce, with analysis of the menswear, womenswear and childrenswear segments. We explore market growth factors, the competitive landscape, consumer survey analysis, themes we are watching, retail innovators in the space, and more. Key topics include inflation, sustainability, private label, M&A, the metaverse and retail media. Data in this report include: US apparel and footwear market size and year-over-year change, 2018–2027E—plus growth and penetration of specialty retailers’ sales and the online sector Breakdown of apparel and footwear sales by segment, 2018–2022 Estimated distribution of apparel and footwear sales by channel, 2018–2022 Market sizes and growth for the menswear, womenswear and childrenswear segments, 2018–2027E Store numbers and store traffic metrics for leading retailers in the market Proprietary US consumer survey analysis—retailers, brands and categories that apparel and footwear shoppers have shopped in the past three months Companies mentioned in this report include: Amazon, American Eagle Outfitters, Dick’s Sporting Goods, Foot Locker, Gap Inc., Macy’s, NIKE, Nillio, Obsess, Poshmark, Ralph Lauren, Savitude, Shein, Target, T.J. Maxx, Victoria’s Secret, Walmart, Zegna Other relevant research: Weinswig’s Weekly: Announcing a New Research Product for Coresight Research Subscribers Market Navigator: US Apparel and Footwear Retailing—Executive Summary All our coverage of apparel and footwear retail The Coresight Research RESET framework Look out for future reports in our Market Navigator series, covering major US and international retail sectors—including retail in China, India and Europe. 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 Purchase this report. Buy Now This document was generated for
