Reasons to Read

Coresight Research is a research partner of Shoptalk Fall 2024, a new conference from the Shoptalk team that will explore the latest trends, innovations, challenges and opportunities in the retail industry.

The event will take place during October 16–18, 2024, in Chicago, Illinois, US.

Plan your time at Shoptalk Fall 2024 with this essential guide to key sessions across six retail themes, from unified commerce to brand loyalty.

Don’t miss out on strategic insights to help your business identify the signal in the noise of the vast quantities of data, news and other information we all confront today. We look forward to seeing you at Shoptalk Fall.

This report was first published on September 18, 2024. We updated some details on October 7, 2024. 

Other relevant research:

  • Catch up on insights from previous Shoptalk events and look out for our daily coverage of Shoptalk Fall 2024 here.
  • Complementing this guide, the Coresight Research Retaili$tic podcast previewed Shoptalk Fall in an episode released on October 1, 2024. Tune in to hear critical insights from Deborah Weinswig, CEO and Founder of Coresight Research, on a range of retail topics!
  • All our coverage of retail management

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Reasons to Read

Using data from the US Census Bureau, we analyze US retail sales in August 2024, in total and by sector.

Data in this research report are:

  • Year-over-year changes in US total retail sales (excluding gasoline and automobiles), August 2023–August 2024
  • Year-over-year changes in retail sales by sector, July and August 2024

Other relevant research:

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Reasons to Read

The Coresight Research weekly US Consumer Survey Insights series takes a regular temperature check on US consumers’ behaviors and sentiment, based on exclusive proprietary survey data.

This week, in addition to our usual weekly findings on consumer sentiment, activities and shopping patterns (with the latest data from our September 9, 2024, survey), we present new data on the beauty sector specifically, diving into where beauty shoppers make purchases and what they buy.

Data in this research report are our latest proprietary survey findings on:

  • Whether consumers have purchased beauty products in the past three months
  • Popular retailers and product categories among beauty shoppers
  • Activities that consumers have done in the past two weeks
  • Where consumers have bought food and nonfood products from in the last two weeks
  • What consumers have bought in-store and online in the last two weeks
  • Consumers’ expectations for the economy overall and for their own personal financial situation

Companies mentioned in this research report include: Amazon, CVS, Sephora, Target, Ulta Beauty, Walmart

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Reasons to Read

The Coresight Research monthly China Consumer Survey Insights series takes a regular temperature check on Chinese consumers’ behaviors and sentiment, based on exclusive proprietary survey data.

In this research report, we present findings from our latest weekly surveys, with the most recent undertaken on August 26, 2024.

Following a period of dwindling consumer sentiment in China, we have recently seen this trend pivot. Dive into our analysis to keep on top of consumer shifts and understand their implications for the wider market.

Data in this research report are:

  • Consumers’ expectations for economic conditions and personal finances in the next 12 months
  • Activities that consumers have done in the past two weeks
  • What products consumers have bought in-store and online in the past two weeks

Other relevant research:

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Reasons to Read

Welcome to Analyst Corner! Every Sunday, a member of the Coresight Research team discusses upcoming or recent research and their thoughts on interesting topics in their area of expertise.

This week, Manik Bhatia, Head of Custom Research, discusses whether the actual implementation of AI (artificial intelligence) in retail aligns with the technology’s dominance in industry conversation.

We also highlight our key research from the past week and reports to look out for in the coming week, so you don’t miss out.

Data in this research report include:

  • Estimated global GenAI applications market size and growth trajectory

Other relevant research:

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Reasons to Read

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

Data in this research report include:

  • Week-by-week comparisons of announced store closures and openings in the US and the UK—2024 vs. 2023
  • Major US and UK store closures and openings, 2024
  • Major US and UK retail bankruptcies—2024 and 2023

Companies mentioned in this research report include: Alimentation Couche-Tard, Big Lots, Dollar Tree, LL Flooring

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Reasons to Read

Building on our Market Navigator on global luxury retailing, we examine selected brands’ store traffic, store closures and store openings to understand the evolving real estate landscape in the US luxury market.

The luxury retail landscape has been severely disrupted in recent years by the impacts of the Covid-19 pandemic on the brick-and-mortar channel and consumers’ subsequent shifting shopping preferences.

Now, luxury brands are strategizing for the future when it comes to their physical store footprint. Which brands are expanding, and which are consolidating stores? Find out in this data-driven research report.

Data in this research report include:

  • The size and trajectory of the global luxury market, 2019–2028E
  • Selected luxury brands’ US store traffic and store counts, 2020–2024
  • Pandora and Hugo Boss—US store openings and closures, June 2023–May 2024

Companies mentioned in this report include: Burberry, Capri Holdings, Chanel, Kering, LVMH, Pandora, Tapestry

Other relevant research:

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Reasons to Read

Consumers and regulators are concerned about retailers’ use of electronic shelf labels (ESLs) with dynamic pricing to implement surge pricing and gouge already price-weary consumers.

We dive into the hype around Walmart’s announcement to roll out ESLs and discuss other developments in the ESL space that are shaping the consumer mindset and the future of electronic shelving in retail stores.

Discover the benefits of ESLs for retailers, consumers and the environment, and understand the consumer perspective on this controversial technology.

This report is part of our RetailTech series, which explores developments, insights and implications related to established and emerging technologies that are shaping the retail landscape.

Data in this research report include:

  • Global ESL market size, 2023–2028E

Companies mentioned in this report include: Kroger, Microsoft, VusionGroup, Walmart, Wendy’s

Other relevant research:

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Reasons to Read

Today, consumers wish to seamlessly navigate between online, mobile and in-store channels—moreover, they desire a consistent, personalized experience across all touchpoints. To meet these modern, evolving demands, retailers are beginning to move beyond “omnichannel” and toward the integration of all channels and touchpoints onto a single platform, also known as “unified commerce.”

In this research report, we dive into the ways in which consumers are blending their online and offline shopping habits. We also analyze the impact of multiple purchasing channels on consumer behavior and discuss key technologies driving the unified commerce trend.

This report is made available to non-subscribers of Coresight Research through its sponsorship by Locus.

Data in this research report include proprietary survey analysis of:

  • US consumers’ shopping habits across multiple channels and their channel preferences
  • Reasons why US consumers use BOPIS (buy online, pick up in-store), curbside pickup and social media shopping options
  • Key challenges faced by brands and retailers in the last mile

Companies mentioned in this report include: Academy Sports + Outdoors, American Eagle Outfitters, Kroger, Locus, NIKE, Salsify, Target, Ulta Beauty, Walmart

Other relevant research:

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Reasons to Read

The Coresight Research weekly US Consumer Survey Insights series takes a regular temperature check on US consumers’ behaviors and sentiment, based on exclusive proprietary survey data.

This week, in addition to our usual weekly findings on consumer sentiment, activities and shopping patterns (with the latest data from our September 2, 2024, survey), we dive into consumers’ responses to inflation.

Data in this research report are our latest proprietary survey findings on:

  • Consumers’ perceptions of inflation, and its impact on grocery and nongrocery spending
  • Activities that consumers have done in the past two weeks
  • Where consumers have bought food and nonfood products from in the last two weeks
  • What consumers have bought in-store and online in the last two weeks
  • Consumers’ expectations for the economy overall and for their own personal financial situation

Companies mentioned in this research report include: Amazon, Dollar Tree/Family Dollar, Walmart

Other relevant research:

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Reasons to Read

The integration of AI (artificial intelligence) and modern product intelligence platforms is essential for retailers to unlock new efficiencies, deepen customer relationships and position themselves ahead of competitors in today’s digital-first environment.

In this report, we detail the importance for companies in consumer industries (including retail and healthcare) to embrace a next-generation technology architecture focused on innovation, productivity and profitability.

Key Learnings:

  • Navigate the complex technological landscape by understanding critical challenges that consumer companies face in managing data
  • Explore the key characteristics and operational features of modern data-management platforms
  • Discover the critical business benefits of AI and unified data through modern platforms to gain a competitive edge in consumer industries

Data in this research report include:

  • Estimated global GenAI hardware and applications market size and growth trajectory
  • Proprietary survey data on pricing and promotion inefficiencies among US brands and retailers

This report is produced and made available to non-subscribers of Coresight Research in partnership with Digital Wave Technology, an AI solutions provider for brands and retailers, focusing on data management, product experience and marketing.

Other relevant research:

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Reasons to Read

Coresight Research is a research partner of Groceryshop 2024, an annual conference that helps businesses navigate the evolving grocery landscape, exploring the latest business models, advanced technologies and shifting consumer behaviors.

The conference will take place during October 7–9 in Las Vegas, Nevada, US.

Plan your time at Groceryshop 2024 with this essential guide to key sessions across five themes in grocery and CPG retail, from retail media to unified shopping experiences. We also highlight the “Shark Reef” Startup Pitch competition (which will take place on the first day of Groceryshop), as well as the sessions in which Coresight Research will participate.

Don’t miss out on opportunities to drive growth and innovation in your business! We look forward to seeing you at Groceryshop 2024.

This report was first published on September 9, 2024. We updated some details on October 2, 2024. 

Other relevant research:

  • Complementing this guide, the Coresight Research Retaili$tic podcast previewed Groceryshop 2024 in an episode released on September 24, 2024 (S4, Ep37). Tune in to hear critical insights from Deborah Weinswig, CEO and Founder of Coresight Research, on a range of grocery and CPG retail topics!
  • Catch up on insights from previous Groceryshop events and look out for our daily coverage of Groceryshop 2024 here.
  • Visit the Coresight Research Food, Grocery and CPG Retail Hub to explore sector data, reports and company profiles.
  • All our coverage of retail media

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Reasons to Read

Welcome to Analyst Corner! Every Sunday, a member of the Coresight Research team discusses upcoming or recent research and their thoughts on interesting topics in their area of expertise.

This week, John Harmon, Associate Director of Technology Research, discusses consumer sensitivity to the notion that electronic shelf labels in grocery stores could be used to implement surge pricing and gouge already price-weary consumers.

We also highlight our key research from the past week and reports to look out for in the coming week, so you don’t miss out.

Other relevant research:

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Reasons to Read

Coresight 100 is our focus list of retailers, brand owners and retail-related firms, spanning Asia, Europe and the US. We profile each company, covering the following content:

  • Countries of operation and key product categories
  • Annual metrics—including revenues, operating margin and global store numbers
  • Our insights into the company’s operations, including consideration of headwinds and tailwinds
  • Business strategy
  • Recent company developments
  • The company’s current management team

Click here to see our full Coresight 100 list and related reports.

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