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  • Almost one-third of consumers have watched a shoppable livestream. The 25–34 age group saw the highest proportions of consumers report that they have made purchases via shoppable livestreams.
  • The 35–44 age group saw the highest year-over-year growth in livestream purchases.

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Reasons to Read

Coresight Research’s April 18, 2022, survey provides a detailed update on US consumers’ behavior and expectations, with a focus on the implications for US retail.

This week’s US Consumer Tracker covers the following:

  • What shoppers are buying online and in-store
  • What consumers are doing and where they are going—including avoidance of public places
  • Which retailers consumers are buying from—for food and nonfood purchases

Complementing our weekly survey reports, our monthly US Consumer Tracker Extra series offers additional insight, including long-term consumer trends and a detailed analysis of where current patterns will lead in the coming months. Click here to view our full collection of US Consumer Tracker and US Consumer Tracker Extra reports.

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Reasons to Read

Immersive technologies (augmented, virtual and extended reality) and accompanying hardware and software are key for providing engaging, 3D experiences in the metaverse.

This report is part of our Building Blocks of the Metaverse series, which presents insights into the core technological components of the retail metaverse, including important details for retailers to know in establishing a presence and operating in the virtual space.

Read the previous report in the series on blockchain.

Click here to read more Coresight Research coverage of the metaverse.

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Reasons to Read

After two years of pandemic-induced upheaval, shoppers and retailers are now grappling with decades-high inflation. Leveraging proprietary survey data, we discuss changing consumer habits and preferences amid the recent inflationary surge and analyze consumer expectations around spending.

Our analysis and insights cover the following: 

  • Consumers’ perceptions of, and reactions to, rising inflation
  • Consumers’ new priorities when spending, by product category
  • Consumer interest in alternative payment options such as BNPL (buy now, pay later)

This free report is sponsored by BNPL provider Afterpay.

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Contents (Click to navigate)

Introduction

The Inflation Pressure Cooker: Coresight Research x Afterpay Analysis

1. Consumers Are Taking Measures To Deal with Rising Inflation

2. Consumers Showcase Value-First Behavior When Spending

3. Consumers Have a Positive Spending Outlook Despite Inflationary Pressure

4. Alternative Payment Methods Show Promise

5. The Pandemic and Inflation Have Increased BNPL Adoption

6. BNPL Is Primed for Further Adoption, Driven by Younger Generations

What We Think

Methodology

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Reasons to Read

In each report in the Weinswig’s Weekly series, Coresight Research CEO and Founder Deborah Weinswig reflects on a topical theme in retail. This week’s note “From the Desk of Deborah Weinswig” discusses the path ahead for personalization in retail.

Each report also includes recent retail and technology headlines from Asia, Europe and the US.

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Reasons to Read

In March 2022, UK retail sales continued to grow year over year in value while declining in volume. Online sales experienced a record-level drop.

We review monthly data for UK retail in total and by sector, covering the following:

  • The trend in total value and volume retail sales growth over the last 13 months
  • Value sales growth for 20 sectors across food and nonfood retail, for each of the latest three months
  • Growth in online retail sales, by major sector
  • A Covid-19 lockdown timeline

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. Click here to view our full collection of monthly reports.

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Reasons to Read

The Coresight Research and IRI monthly US CPG Sales Tracker provides our data-driven insights into online sales trends in the US CPG industry—covering the product categories of food & beverage, health & beauty, and general merchandise & homecare.

In this free report, we present five key insights from the four weeks ended March 20, 2022, across the following metrics:

  • Year-over-year growth of CPG e-commerce sales versus growth in total CPG sales
  • Online sales growth by category type
  • Breakdown of online sales by category
  • Online sales growth of food & beverage departments
  • Online sales growth of nonfood departments such as beauty and homecare

Click here to read more reports in our US CPG Sales Tracker series.

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Reasons to Read

Our Weekly US and UK Store Openings and Closures Tracker reports on store closures, openings and bankruptcies. We cover:

  • A week-by-week comparison of store openings and closures in the US and UK in year-to-date 2022
  • What is happening in retail in the US and UK this week
  • 2021 and year-to-date 2022 major US and UK store openings, store closures and bankruptcies

This week, there are highlights from Uniqlo, Walmart and West Elm in the US and Dunelm, Sweaty Betty and Tesco in the UK. We also discuss quarterly store opening and closure settlements following the release of quarterly company filings this week from Bed Bath & Beyond and Build-A-Bear Workshop.

Click here to view our 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 2022 year to date, filterable by sector and year.

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We present our top insights from our recent webinar in partnership with Alibaba, How Are Chinese Consumers Embracing Sustainability?

We cover China’s national sustainability goals, Chinese consumers’ attitudes to sustainability and opportunities to drive growth.

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  • Our survey on March 1, 2022, found that around 11% of respondents purchased clothing from Victoria’s Secret in the past 12 months versus some 5% who said that they purchased from Aerie.
  • As of 2021, Victoria’s Secret accounts for more than 25% of the fragmented US women’s underwear market, while Aerie’s share is less than half of its competitor’s. Although Aerie is behind Victoria’s Secret brand in terms of total revenues, the former is quickly gaining market share.

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Reasons to Read

In March 2022, year-over-year sales declined while online retail sales accelerated.
We review monthly data for retail sales in China in total and by sector, including the following:

  • Retail sales growth over the last 13 months
  • Retail sales growth for 15 sectors across food and nonfood retail, for each of the latest three months
  • Growth in online retail sales

We also present data for two-year retail growth.

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. Click here to view our full collection of monthly reports.

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Reasons to Read

Recent disruptions to the furniture and home-furnishings supply chain have resulted in extremely long delivery times. While supply strategies may vary from retailer to retailer in execution and effectiveness, all are preparing for future disruptions.

We discuss how US furniture and furnishings retailers have fared sourcing goods and five strategies to overcome the sector’s continuing sourcing challenges.

For more on how retailers are confronting supply chain issues, read our Supply Chain Briefing series.

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Our Three Things You Need To Know series provides free snapshots of Coresight Research data and findings. Subscribers can access the full research behind this graphic here. To find out how to subscribe, click here.

Coresight Research has identified corporate evolution, which includes initial public offerings (IPOs) as a key trend to watch in retail and a component trend of Coresight Research’s RESET framework for change.

The successful transformation from a private company to a public company has always been challenging. Developing a structured approach and action plan can ensure efficiency, consistency and standardization in IPO outcomes. Retailers and brands should remain cognizant of the current trends prevailing in the global retail landscape when devising their IPO strategies.

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Reasons to Read

Mergers and acquisitions (M&A) are on the rise in the US jewelry market. We analyze what is driving M&A as well as recent transactions. This report provides information on the following:

  • Key growth areas in jewelry M&A
  • Year-to-date transactions as of March 15, 2022
  • Three factors driving jewelry M&A as well as potential headwinds

Read more about the US jewelry market in our Market Outlook. Learn more about M&A in our Playbook.

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Reasons to Read

As part of our India Retail Insights series, we examine upcoming initial public offerings (IPOs) in India in the retail and retail-tech sectors.
We cover the following key topics:

  • Funding amounts raised by companies that have recently gone public in India
  • Factors driving IPO growth in India
  • Aftermarket performances of completed retail and retail-tech IPOs in India
  • Benefits and risks of IPOs for companies

Read the previous post in our India Retail Insights series, which looks at supply chain woes impacting retail in India and how retailers can protect supply chains against future disruption.

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