Insight ReportNovember 2019 US Retail Sales: Slowdown Seen Across Sectors with Major Softening in Clothing and Department Stores Coresight Research December 17, 2019 Reasons to ReadCoresight Research’s monthly reports keep you up to date on US and UK retail sales, US retail traffic and in-store metrics, selected US retailers’ same-store sales and key global consumer indicators. Click here to view our full collection of Monthly Reports. Highlights from our November US Retail Sales Report: US November retail sales figures are in, and the results are mixed. Overall growth slowed as the late Thanksgiving pushed holiday buying to the end of the month—and pushed Cyber Monday into the following month. Furniture and home-furnishings stores, general merchandise stores and nonstore retailers all saw growth slow Food and beverage store growth accelerated, driven by grocery Department stores fared the worse, with October’s declines steepening in November 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 Dive3Q19 US Earnings Season Wrap-Up Coresight Research December 17, 2019 Reasons to ReadCoresight Research analysis of 2019 third-quarter earnings for Coresight 100 companies based in the US found mixed results across different sectors. Most beat revenue consensus estimates, although about a third missed Apparel, footwear, online brands and REITs mostly beat consensus revenue estimates Luxury performed the worst as far as missing consensus estimates despite improved performance 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
Flash ReportIntel Acquires Israeli AI Chipmaker Habana Labs for $2 Billion in Cash Coresight Research December 17, 2019 Executive SummaryOn December 16, 2019, Intel announced the acquisition of Habana Labs, an Israel-based developer of programmable deep learning accelerators for the data center, for approximately $2 billion in cash. Habana Labs is an artificial intelligence (AI) processor company founded in 2016 to design processor platforms optimized for training deep neural networks and for inference deployment in production environments. Intel expects the acquisition to strengthen its AI portfolio and accelerate its efforts in the nascent, fast-growing AI silicon (i.e., chip) market, which it expects to be worth more than $25 billion by 2024. The AI silicon market for data centers within this broader market is estimated to hit $10 billion in that same time frame. In 2019, Intel expects to generate more than $3.5 billion in revenue from AI-driven products, up more than 20% year over year. AI is a fundamental technology for deploying machine learning to offer predictive analytics, customization and personalization in retail. Intel is deploying its own cash to accelerate development or to fill gaps in its product portfolio to be a major player in the AI hardware sector. This document was generated for
Question of the WeekHow Do US Marijuana Users Consume the Drug? Coresight Research December 16, 2019 QUESTION OF THE WEEK: How Do US Marijuana Users Consume the Drug? Smoking is the most popular means of consumption among US marijuana users, with around eight in 10 consuming the drug in this manner. However, vaping is catching up, with roughly three in 10 marijuana users choosing to inhale the drug through a vaporizer. On average, each marijuana user we surveyed consumed the drug in two different ways (for example, smoking and vaping or smoking and eating). This document was generated for
Deep DiveConvenience Stores: More than Just Retail Coresight Research December 16, 2019 Reasons to ReadConvenience stores across China, Japan and the US are making significant moves to increase sales and store traffic in line with changing consumer preferences. We look at how this fast-growing retail sector is diversifying its offerings, covering a number of key trends: A greater emphasis on foodservice The introduction of additional services, including EV charging stations and financial, O2O and delivery services The launch of new store formats We discuss examples from major convenience-store chains, including 7-Eleven, Casey’s General Stores, FamilyMart and Lawson. 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 CoverageICSC New York Deal Making 2019 Wrap-Up Coresight Research December 13, 2019 Executive SummaryThe Coresight Research team attended the ICSC New York Deal Making 2019 on December 10–12. These are our key insights from the event: Current trends in the marketplace reflect a reinvention of retail—not an apocalypse. Pop-ups are emerging as the greatest innovation in the use of physical space to engage with consumers, and digitally native companies are using this format to extend their presence to offline retail. Omnichannel shoppers are more active shoppers. Today’s consumer demands inclusivity, discovery, convenience and experience. Sustainability is being woven through the entire retail experience and is also driving employee retention. The availability of technologies has compelled retailers to undertake a paradigm shift from a profits-first approach to a consumer-centric operational model. This document was generated for
Analyst CornerWeinswig’s Weekly—December 15, 2019 Coresight Research December 13, 2019 Executive SummaryDecember 15, 2019 This week’s note “From the Desk of Deborah Weinswig” looks at how much holiday shopping US consumers have yet to do, and what that means for retailers. In the news this week: Walmart will offer grocery delivery by autonomous vehicle in its Houston location, working with multi-purpose vehicles developed by Nuro. H&M will offer bicycle delivery in over 30 cities in the Netherlands, including next-day and for the same price. Walmart has launched an initiative to train suppliers in India to more effectively scale and build capacity to more easily reach global consumers. This document was generated for
Insight ReportHoliday 2019: US Black Friday and Cyber Monday Online Pricing Insights Coresight Research December 13, 2019 Reasons to ReadIn partnership with competitive intelligence provider DataWeave, we aggregated and analyzed pricing data for over 53,000 product listings on major US retailers’ websites on Black Friday and Cyber Monday 2019: We look at the average discounts, greatest discounts and percentage of products discounted for a selection of retailers. We review data on the electronics, furniture, health and beauty, men’s fashion and women’s fashion categories. We also discuss price rises over the Black Friday and Cyber Monday period. 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
Flash ReportKroger and Walgreens Deepen Year-Old Partnership with Purchasing Alliance Coresight Research December 13, 2019 Reasons to ReadWalgreens and Kroger announced a deal to expand the scope of their year-long alliance to source more products together to drive down costs, to sell one anothers private label products and integrate supply chains. Kroger and Walgreens teamed up in late 2018 for a pilot program in which Kroger’s private label food brands are sold at 13 Walgreens stores in northern Kentucky Kroger customers can pick up online orders at some Walgreens locations In August 2019, the two companies expanded the pilot to more locations The pilot includes Kroger Express, Kroger’s Our Brands and its organic food products Selected Walgreens locations will offer a Kroger Express assortment of up to 2,700 products. Kroger selected 17 of its stores to carry a curated selection of Walgreens health and beauty products such as beauty care, personal care, over-the-counter medicines and Walgreens’ private label brands No7 and Soap & Glory. This document was generated for
Store TrackerWeekly US and UK Store Openings and Closures Tracker 2019, Week 50: Dollar General Plans To Continue Store Expansion in Fiscal Year 2020 Coresight Research December 13, 2019 Reasons to ReadOur Weekly US and UK Store Openings and Closures Tracker reports on store closures, openings and bankruptcies. We cover: What is happening in retail in the US and UK this week Year-to-date 2019 major US and UK store openings and closures 2019 major US retail bankruptcies New non-store-closure news This week, there are highlights from Dollar General and RTW Retailwinds in the US and Co-op and Ted Baker in the UK. We also discuss quarterly store openings/closures settlements following the release of quarterly company filings this week. Click here to view our full collection of Weekly US and UK Store Trackers. Complementing our weekly Tracker report, the new Coresight Research Retail Store Databank offers our premium subscribers access to openings and closures data from 2012 to 2019 year to date, filterable by sector and year. Click here to view. 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 CoverageInsights from ICSC New York Deal Making 2019 Coresight Research December 12, 2019 Executive SummaryThe Coresight Research team is in New York for the ICSC New York Deal Making 2019 conference. These are our key insights from day two of the event: Experiential retail plays an important role in enticing customers away from the Internet and into the store. Significant opportunity exists to integrate in-store technology to drive engagement, but retailers must ensure these tactics align with marketing efforts. Outlets are experiencing a slowdown as value-for-money concepts move closer to the consumer, both online and offline. Although online penetration in US grocery is just 3%, landlords are concerned that online growth in grocery could impact the physical store. Buy online, pick up in store (BOPIS) services are driving significant changes for retailers and landlords. Using convenience stores as community centers is on the rise. This document was generated for
Insight ReportNovember 2019 US Same-Store Sales: Costco Comp Growth Slows Coresight Research December 12, 2019 Reasons to ReadCostco, Cato and Buckle all reported slowing or negative growth in same-store sales in November, with all showing slowdowns in online sales. Much of the slowdown can be attributed to the late Thanksgiving, which delayed the start of holiday shopping Cyber Monday ended up in December this year, which also hurt November online sales Cannabalization from new stores also hurt Costco same-store sales Cato’s CEO indicated the company remains cautiously optimistic about total holiday sales, and Coresight Research believes total holiday sales this year will end up strong. 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 PresentationThe Store of the Future (Barclays) Coresight Research December 11, 2019 Executive SummaryIt is conventional wisdom that e-commerce will destroy retail real estate…but will it? Retail thought leader Deborah Weinswig, founder of Coresight, will detail the trends shaping retail’s future, and in turn, retail real estate. Using her global perspective and merchandising frame of reference – Deborah will delineate a clear path to landlord relevance that combines the digital and the physical. 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 DiveCannabis Insights: The Marijuana Consumer Coresight Research December 11, 2019 Reasons to ReadThe legal market for marijuana continues to grow, and with it grow the opportunities for brands and retailers to serve recreational and medical users of the drug. This report presents the surprising results of a survey of marijuana users in US states where marijuana is legal for recreational uses, including: Who uses marijuana How often they use it Why they consume it, including medical and nonmedical reasons Popular methods of consumption (hint: old school rules) Where they purchase marijuana How much the average user spends Use of cannabidiol (CBD) among marijuana users and the impact of marijuana use on alcohol consumption For a number of metrics, we provide breaks by medical/nonmedical users of marijuana. 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 ReportSupply Chain Briefing: A Growing Role for Predictive Analytics in Retail Coresight Research December 11, 2019 Reasons to ReadWe discuss why predictive analytics is establishing a growing role in retail. We outline what predictive analytics is and why retailers are using it. We review Coresight Research survey data on the scale of advanced analytics adoption among European retailers and on the ways in which US retailers see advanced analytics supporting their retail sectors. We note some of the major software giants with a presence in inventory optimization and emerging innovators that are focused on demand forecasting. 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
