Reasons to Read

On June 25, 2021, Coresight Research hosted an online discussion on supply chains at NRF Retail Converge, a new digital event from the National Retail Federation. Deborah Weinswig, CEO and Founder of Coresight Research, was joined by retail leaders from PVH Corp. and Amazon to discuss key trends in the retail supply chain amid global pandemic-driven disruption.

We present the trends in this report, covering the following topics:

  • Reconciling ESG objectives with the goals of agility and speed
  • The cost-saving opportunities offered by smart inventory management and fulfillment
  • Meeting consumer demand for traceability and transparency using new technologies
  • Prospects for the “dark store” concept
  • Forecasting consumer demand as restrictions are eased—and the new phenomenon of “revenge shopping”

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Reasons to Read

Demand for hyperlocal delivery exploded during the pandemic in the US as many homebound consumers came to rely on rapid delivery services. We believe that hyperlocal delivery providers have staying power beyond the pandemic as preferences for quick and convenient grocery delivery become increasingly assimilated.

In this report, we discuss three key trends in the US hyperlocal delivery space and the impact of three key challenges for brands and retailers.

Click here to read Coresight Research’s US online grocery survey for more on post-pandemic grocery retail prospects.

For all of our coverage of the impact of Covid-19 on retail, click here.

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Reasons to Read

On June 30, 2021, Switzerland-based luxury holding goods company Compagnie Financière Richemont SA (known as Richemont) announced that it has acquired Belgian luxury leather goods maker Delvaux.

We discuss what the deal means for Richemont and how it aligns with the company’s expansion in the soft luxury segment.

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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 ever-increasing demand for, and availability of, grocery delivery services worldwide.

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

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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 year to date in 2021
  • What is happening in retail in the US and UK this week
  • Year-to-date 2021 major US and UK store openings and closures

This week, highlights include developments from 7-Eleven, Lowe’s and United Supermarkets in the US and Gap, Hobbycraft and Tommy Hilfiger in the UK.

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 2021 year to date, filterable by sector and year. Click here to view.

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Reasons to Read

Our monthly US Consumer Tracker Extra series supplements the weekly US Consumer Tracker reports with additional insight, including long-term trends in consumer behavior, concerns and expectations, driven by the Covid-19 pandemic. We focus on the implications for US retail and provide a detailed analysis of where current trends will lead in the coming months.

This report covers the following key topics:

  • The continuing rise in apparel and footwear spending as consumers return to socialising
  • Increased discretionary spending among lower-income consumers, as changes in the employment market mean jobs are secure and wages are rising
  • Which retail categories are benefiting as more consumers go on trips
  • The differing habits and characteristics of Amazon and Walmart shoppers

Click here to view our full collection of US Consumer Tracker weekly survey reports.

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Reasons to Read

With the vaccination rollout and easing of lockdowns in 2021 in the US, we are seeing signs of dress wear sales recovery and a revival of consumer demand in the market. We present our market outlook for 2021 and three strategies for brands and retailers to respond to the swing in demand.

For more on apparel retail recovery prospects, read our Market Outlook on apparel and footwear specialty retailers in the US, the UK and China.

Click here to read our five key insights into the custom apparel market.

Contents (Click to navigate)

What’s the Story?

Why It Matters

Consumer Demand Revival in Dress Wear: A Deep Dive

US Dress Wear Market

Consumer Demand Revival

Coresight Research Data

Insights from Apparel Brands and Retailers

Strategies for Brands and Retailers To Respond to Consumer Demand

  1. Expand Product Assortments: Dual Offerings
  2. Strengthen Digital Capabilities and Consumer Experiences
  3. Leverage Technology in Demand Forecasting

What We Think

Implications for Brands/Retailers

Implications for Technology Providers

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Reasons to Read

The Coresight Research US Apparel and Beauty Spending Tracker provides a monthly update on the trajectory of consumer spending on beauty, clothing and footwear. We discuss the continuing recovery in consumer spending on apparel in May 2021 after April’s strong figures.

This report covers changes in US consumer spending year over year and on a two-year basis across the following sectors:

  • Footwear
  • Clothing, comprising the subcategories of children’s, women’s and men’s clothing
  • Selected beauty categories

We also present our estimates for year-over-year growth in the clothing, footwear and beauty categories in the coming months, as restrictions are lifted or relaxed.

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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Coresight Bites provide free snapshots of Coresight Research data and findings. Subscribers can access the full research here. To find out how to subscribe, click here.

  • Coresight Research estimates that the US market for meal kits and recipe boxes surged in 2020, fueled by a combination of limited dining-out options due to pandemic-led lockdowns, families having little time to spare for cooking food, and consumers’ desire to eat an easy-to-make, well-balanced meal instead of takeout.
  • As the health crisis moderates in 2021 and consumers return to more normal ways of living, working and spending, we expect market growth to slow but still significantly outperform overall US grocery sales.

Reasons to Read

Deborah Weinswig, CEO and Founder of Coresight Research, joins LogicSource CEO, David Pennino, and COO, Jo Seed to examine how leveraging spending and data analytics to manage GNFR expenses can provide Retail and CPG companies with a significant profitability boost.

To access these insights and join future events, subscribe to Coresight Research.

Click here to read key insights from the event in our free report.

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Reasons to Read

The US grocery market had a strong 2020 compared to discretionary sectors, supported by significant e-commerce spending growth. We present our outlook for the trajectory of the US grocery market and key factors impacting growth, as well as the market’s competitive landscape, retail innovators and themes we are watching in 2021 and beyond.

Click here to read about the impact of the summer 2021 restaurant boom on US grocery.

For our US online grocery survey 2021 findings, click here.

Contents (Click to navigate)

What’s the Story?

Total US Grocery Market Performance and Outlook

Market Driver: Pandemic-Induced Stickiness Will Continue To Fuel Food-at-Home Demand

Market Challenge: A Return to On-Premise Consumption

US Online Food and Beverage Market Performance and Outlook

Competitive Landscape

Retail Innovators

Fabric

Position Imaging

Precima

Themes We Are Watching

1 Amazon Is Ramping Up Its Offline Grocery Footprint

2 Momentum in Grocery Discounters’ Real Estate Expansion

3 Dark Stores: Accommodating Growth in Online Grocery Shopping

What We Think

Implications for Retailers

Implications for Technology Vendors

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Reasons to Read

Returns are an ongoing retail challenge and managing reverse logistics amid the pandemic-induced spike in e-commerce is putting increasing pressure on brands and retailers. We discuss key metrics within e-commerce product returns in the US and present four strategies that retailers can implement to improve the online returns process.

Click here to read our sustainability insights on the hidden cost of retail returns.

Contents (Click to navigate)

What’s the Story?

Why It Matters

Retail Returns: A Deep Dive

Retail Returns Key Metrics

Retail Returns Strategies

What We Think

Implications for Retailers

Implications for Technology Vendors

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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.

This report is available for free and can be accessed by registering for a free account.

In this free report, we present five key insights into the four weeks ended June 13, 2021, across the following metrics:

  • Year-over-year growth of CPG e-commerce sales versus growth in total CPG sales, as well as growth from two years prior
  • 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 monthly US Store Tracker Extra report supplements the Weekly US and UK Store Openings and Closures Tracker reports with additional insight, including retailer-level data on square footage and closures and openings as a percentage of total store base.

This report also offers a comparison between year-to-date announced closures and openings at the end of each month in 2021 versus the comparable period in 2020.

Year-to-date data in this report are as of June 25, 2021 (corresponding to week 25 in our Weekly US and UK Store Openings and Closures Tracker) versus the comparable period in 2020 (the 26 weeks ended June 26, 2020).

Click here to view our full collection of Weekly US and UK Store Openings and Closures Tracker and monthly US Store Tracker Extra reports.

Coresight Research’s US Store Tracker Databank offers our premium subscribers access to openings and closures data from 2012 to 2021 year to date, filterable by sector and year. Click here to view.

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Reasons to Read

We explore the corporate gifting opportunity in the US, which has been impacted by the Covid-19 pandemic. We analyze the findings of a May 2021 Coresight Research survey of 300 corporate gift buyers in the US to provide insights and discussion around six key corporate gifting trends, covering the following topics:

  1. Gifting frequency
  2. Gifting occasions
  3. Advantages and benefits of corporate gifting
  4. Importance of key criteria when purchasing corporate gifts
  5. Challenges facing gift buyers
  6. Gifting categories

Based on our survey analysis, we underline three key recommendations for corporate gift providers to achieve success.

This report is sponsored by GiftNow, an end-to-end omnichannel gifting solution.

Non-subscribers can access this free report by completing the form on this page.

This report forms part of our Innovator Intelligence series, which focuses on emerging technologies that are disrupting traditional retail and fueling innovation across the retail value chain. Click here to read more coverage of retail innovators.

Contents (Click to navigate)

What’s the Story?

Why It Matters

US Corporate Gifting Market: Unwrapping the Opportunity

  1. Corporate Gifting Frequency Is On the Rise
  2. Corporate Gifting Happens Year-Round
  3. The Essence of Corporate Gifting Lies in Relationship Building
  4. What Gift Givers Look for When Purchasing Gifts: Quality and Variety
  5. Key Challenges Facing Gift Buyers: A Lack of Innovation in the Industry
  6. Gifting Categories: Gift Cards Lead the Pack

Corporate Gifting: Key Insights and the Path Forward

Methodology

 

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