Insight ReportEarnings Insights 4Q22, Week 5: Floor & Decor, TJX and Walmart Post Solid Sales Momentum; Alibaba and Home Depot See Slowed Growth Aditya Kaushik, Analyst Sector Lead: Anand Kumar, Associate Director of Retail Research February 28, 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 fourth-quarter 2022 earnings. This week, there are highlights from companies that reported in the week ended February 26, 2023, across six sectors: apparel and footwear, beauty, e-commerce, home and home-improvement, mass merchandisers and specialty apparel. 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: Alibaba, Bath & Body Works, Floor & Decor Holdings and Gildan Activewear Other relevant research: Earnings Insights 4Q22, Week 4: Crocs Posts Strong Sales Momentum; Herbalife Sees Sales Declines Earnings Insights 4Q22, Week 3: CVS and L’Oréal Report Strong Sales Momentum; Capri, Coty and VF Corp See Declines 3Q22 US Earnings Season Wrap-Up: A Mixed Quarter for Retail Amid Inflationary Pressures 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 DiveChina Consumer Tracker: Consumer Sentiment Rises Echo Gong, Senior Analyst February 28, 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 report, we present findings from our survey conducted on February 13, 2023. Data in this report are: Expectations for economic conditions and personal finances in the next 12 months Avoidance of public places, by type of public place—latest data and one-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 A timeline of selected Covid-19 policy changes for China in February 2023 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
Deep DiveHead-to-Head in Global Convenience-Store Retailing: Seven & i vs. Alimentation Couche-Tard Sujeet Naik, Analyst Sector Lead: John Mercer, Head of Global Research and Managing Director of Retail Research February 27, 2023 Reasons to ReadSeven & i and Alimentation Couche-Tard are heavyweights in global convenience-store retailing. As part of the Coresight Research Head-to-Head series, we provide insights into key elements of their businesses, covering revenue and margin growth, as well as their brick-and-mortar, e-commerce and growth strategies. Data in this report include: Alimentation Couche-Tard and Seven & i—revenue, revenue growth, operating margin, FY18–FY22 Store counts for both retailers, in total and by business model, FY20–FY22 7NOW Japan—average number of items purchased and average spend per customer Companies mentioned in this report include: 7-Eleven, Alimentation Couche-Tard, Circle K, DoorDash, Drizly, Seven & i, Skipcart, Speedway Other relevant research: Market Outlook: US Convenience Store Retailing—Changing Dynamics and Consumer Shifts Other reports in our Head-to-Head series All Coresight Research coverage of food and grocery 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 DiveUS Consumer Tracker: Consumers Move Grocery Shopping Online Owen Riley, Analyst Sector Lead: John Mercer, Head of Global Research and Managing Director of Retail Research February 27, 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 February 20, 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
Insight ReportUS Apparel and Beauty Spending Tracker: January 2023 Clothing and Footwear Spending Shows Continued Strong Growth Sunny Zheng, Analyst Sector Lead: Anand Kumar, Associate Director of Retail Research February 27, 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 January 2023, showing that clothing and footwear spending increased by 6.3% year over year. Data in this report include: US consumer spending on clothing and footwear year-over-year percentage change, January 2022–January 2023 US consumer spending on clothing by category year-over-year percentage change, January 2022–January 2023 US consumer spending on footwear year-over-year percentage change, January 2022–January 2023 US consumer spending on selected beauty categories year-over-year percentage change, January 2022–January 2023 Other relevant research: The previous US Apparel and Beauty Spending Tracker, with December 2022 data The Coresight Research monthly reports collection Coresight Research coverage of the apparel and footwear market 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: Last-Mile Delivery Enters the Matrix John Harmon, CFA, Managing Director of Technology Research February 26, 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 new Coresight Research Innovator Matrix report series, with the first installment evaluating players serving the last-mile delivery sector. Other relevant research: Innovator Matrix: Last-Mile Delivery Retail-Tech Landscape: Last-Mile Delivery Solutions More Innovator Research from Coresight Research Read last week’s Weinswig’s Weekly, which looks at bright spots in the global economic outlook, with highlights from the US, China and the UK. This document was generated for
Store TrackerWeekly US and UK Store Openings and Closures Tracker 2023, Week 8: US Closures Jump 36% in One Week Aaron Mark Dsouza, Data Analyst February 24, 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: Aldi, Ashley HomeStore, Bass Pro, Boscov’s, Earth Fare, James Avery Artisan Jewelry, Trader Joe’s and Walmart. Other relevant research: Weekly US and UK Store Openings and Closures Tracker 2023, Week 7: UK Openings Up 46% 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
Deep DiveUS CPG—Consumer Health: Understanding a Category Marked by Spin-Offs Arun Sriram, Analyst Sector Lead: Anand Kumar, Associate Director of Retail Research February 23, 2023 Reasons to ReadWe discuss the performance and outlook of the consumer health category within the US consumer packaged goods (CPG) sector, one marked by spin-offs by major incumbents. We also discuss factors impacting the category, the competitive landscape and themes we are watching in the space in 2023 and beyond. Data in this report include: Consumer health product sales in the US and year-over-year change for 2017 through 2026 (estimated) Share of total consumer health sales by subcategory for 2021 Price per unit across the consumer health category in the US Top healthcare companies ranked by 2021 consumer health revenue Companies mentioned in this report include: Colgate-Palmolive, Johnson & Johnson, Reckitt Benckiser and Unilever. Other relevant research: Market Outlook: US CPG—Growth Led by Price Hikes Amid Macroeconomic Volatility Market Outlook: US Drugstores—Focusing on Tech-Enabled Healthcare Solutions CES 2023 ShowStoppers: Spotlight on Healthcare Tech 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: Shein in Fast Fashion Coresight Research February 23, 2023 Our Three Things You Need To Know series provides free snapshots of Coresight Research data and findings. This graphic presents selected insights on fast-fashion retailer Shein. Subscribers can access the full research behind this graphic here. To find out how to subscribe, click here. Shein gained ground as a leading player in the fast-fashion market in 2022 and is set to expand its business in 2023. Building on a previous report, we explore the company’s major strategies and recent developments. Click the image below to read the full report. This document was generated for
Insight ReportCopley Place and Prudential Center—Demonstrating the Potential of Urban Mixed-Use Malls Daniel Rodden, Analyst February 23, 2023 Reasons to ReadThe Coresight Research team visited the Prudential Center, a mall owned by Boston Properties, and Copley Place, a mall owned by Simon Property Group, which are connected via a sky bridge, in Boston, Massachusetts. We examine what these two centers are doing to successfully integrate office, residential and retail elements under a single roof. Data in this report are: Occupancy rates at Prudential Center and Copley Place Average occupancy rates for Boston Properties, Brookfield Properties, Macerich and Simon Property Group (estimated) Companies mentioned in this report include: Aéropostale, Boston Properties, Brooks Brothers, Eddie Bauer and Simon Property Group Other relevant research: How US Malls Can Embrace Digital Trends in Retail Mixed-Use Real Estate—London’s Battersea Power Station Renewed with Retail Relevance Market Outlook: US Retail REITs—Real Estate Adapts to the Post-Pandemic Environment Renaissance of the US Shopping Center: An Analysis of American Dream, Columbus Circle, Hudson Yards and Tysons Corner Center 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 Leading Indicators of US Retail Sales: Projecting Soft Retail Growth Ahead of Midyear Uptick Shivani Mehrotra, Analyst Sector Lead: John Mercer, Head of Global Research and Managing Director of Retail Research February 23, 2023 Reasons to ReadThe monthly Coresight Research Leading Indicators of US Retail Sales series tracks a number of major macroeconomic indicators and their likely effect on US retail sales. We analyze the latest available data as of February 17, 2023. Data in this 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: January 2023 Leading Indicators of US Retail Sales: Retail Set for Stable Growth as Consumer Sentiment Improves 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
Insight ReportData Dive: Mapping Bed Bath & Beyond Store Closures—States Impacted and Retailers Likely To Benefit Daniel Rodden, Analyst Sector Lead: Swarooprani Muralidhar, Director of Research February 22, 2023 Reasons to ReadBed Bath & Beyond recently announced a huge number of store closures in the US as part of its strategy to avoid bankruptcy. We map those closures to determine which states and metropolitan (metro) areas will be most affected. We also look at which companies could stand to benefit from the recent news, based on the proximity of competitor retailers’ stores to closing Bed Bath & Beyond stores. This report is part of our Data Dive series, which offers an essential briefing on topical, need-to-know data. Data in this report are: Bed Bath & Beyond US store closures, mapped by selected states and metro areas Current store locations of Bed Bath & Beyond and selected competitors in selected states and metro areas Appendix—breakdown of Bed Bath & Beyond’s store portfolio and announced store closures by selected states Companies mentioned in this report are: Bed Bath & Beyond, The Container Store, Kohl’s, Macy’s, Target, Walmart Other relevant research: Bed Bath & Beyond: What Went Wrong? Our Weekly US and UK Store Openings and Closures Tracker reports on store closures, openings and bankruptcies. 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. The previous report in our Data Dive series, How US Consumers Spent in 2022—and Why Services Are Yet To Fully Bounce Back 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 Outlook: US Food Away from Home—A Challenging Economic Backdrop To Weigh on Growth in 2023 Sujeet Naik, Analyst Sector Lead: John Mercer, Head of Global Research and Managing Director of Retail Research February 22, 2023 Reasons to ReadEach Market Outlook offers our analysts’ definitive view of their sector. This research report includes proprietary forecasts, analysis of company metrics, exclusive consumer survey data and our analysts’ consideration of factors and themes in the market. In this Market Outlook, we explore the size and trajectory of the US food-away-from-home (FAFH, also known as foodservice) market and key factors impacting growth. We also cover the performance and outlook for online food delivery in the US, as well as the overall market’s competitive landscape, innovators and themes we are watching in 2023 and beyond. Data in this report include/are: US FAFH total sales and sales growth, 2018–2027E US online meal-delivery sales, 2018–2027E FAFH and total inflation, September 2021–January 2023 Global and US revenues of major publicly traded restaurant chains in the US, FY17–FY22 Store numbers of the top five restaurant chains (by store portfolio) in the US Foot traffic trends at US restaurants and fast food/quick-service restaurants, 2022 Companies mentioned in this report include: Bloomin’ Brands, Chipotle, Domino’s Pizza, Dunkin’, McDonald’s, Restaurant Brands International, Shake Shack, Starbucks, Subway, Taco Bell, Wendy’s, Yum! Brands Other relevant research: US Retail Foodservice: Three Key Trends The Future of US Grocery Retail: Quantifying US Grocery Market Dynamics Through 2030 More reports in the Coresight Research Market Outlook 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 Purchase this report. Buy Now This document was generated for
Deep DiveChina Consumer Tracker: Renewed Spending Caution—Plus 2023 Travel Plans Echo Gong, Senior Analyst February 22, 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 February 6, 2023, with the survey period covering the Chinese New Year public holiday. In addition to our regular questions, our latest survey also asked respondents about their international travel plans over the next 12 months, as China relaxed its restrictions on overseas tourism in early February 2023. Data in this report are: 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 two-week PPT changes Activities that consumers have done in the past two weeks Expectations for economic conditions and personal finances in the next 12 months Consumers’ travel preferences and plans—whether consumers are worried about contracting Covid-19, how Covid-19 has impacted travel preferences, and international travel plans in 2023 Other relevant research: Chinese New Year 2023 Review: Early Signs of Consumption Recovery Appear 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
Deep DiveUS Consumer Tracker: Presidents’ Day Shopping and Super Bowl Ad Recall Owen Riley, Analyst February 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 February 13, 2023. Data in this report are our latest proprietary survey findings and four-week changes for: Consumers’ Presidents’ Day spending plans 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
