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Our Holiday Bites series for 2024 spotlights proprietary survey data and analysis for the end-of-year holiday season.

This series covers US consumer expectations for holiday spending, the shape and scale of demand, and trends in shopper behavior during the holidays.

In this graphic, we spotlight US consumers’ attitudes to last-mile delivery this holiday season, including their concern about porch piracy and their preferences for fast versus reliable delivery.

Methodology: The data in this graphic are informed by an online survey of 1,614 US consumers aged 18+, conducted by Coresight Research in October 2024. At a total level, the results have a margin of error of +/- 2%, at a 95% confidence level.

Other relevant research:

Holiday 2024: The Last Mile—Trends and Challenges as We Enter the Holiday Shopping Season
View all Coresight Research coverage of US holiday retail, including more Holiday Survey Bites graphics.
Click here to access our US Holiday Retail 2024 Databank.
The Coresight Research US Consumer Survey Databank provides additional insight into US consumer behaviors from our weekly surveys.

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A unified view of operations and data is essential for the effective planning and execution of merchandising strategies. By leveraging artificial intelligence (AI), retailers can realize this unified view, enhancing their forecasting accuracy, enabling hyper-localization, delivering superior customer experiences and, ultimately, boosting profitability.

In this research report, we dive into the transformative impact of AI on merchandising within the retail industry. Gain actionable insights on the key steps required to successfully integrate AI, and understand the technology’s significant benefits.

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

Data in this research report include proprietary survey findings on:

Percentage of gross sales lost to store inefficiencies across store-related business functions
Extent of challenges that retailers face across store-related business functions
Levels of investment in automated inventory tracking systems

Other relevant research:

Data and AI in Retail Media—Collaboration and Data Cleansing Illuminate the Way Forward
AI and Unified Data: Empowering Next-Generation Product and Shopper Intelligence—a free research report
The Coresight Research AI Risk-Mitigation Framework
More Coresight Research coverage of retail management
Visit the Coresight Research Retail Technology Hub to explore reports, data and competitive landscapes on technology.

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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 Mercer, Head of Global Research and Managing Director of Data-Driven Research, discusses moves by China’s AliExpress cross-border e-commerce platform (owned by Alibaba Group) to penetrate Western markets, including through its Singles’ Day promotions.

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.

Companies mentioned in this report include: AliExpress (Alibaba Group), Amazon, Shein, Temu

Other relevant research:

Look out for upcoming coverage of the Singles’ Day 2024 shopping festival
More research reports on e-commerce and China retail
Read previous Analyst Corner reports, including last week’s report, which offered data-driven insights on whether online marketplace Temu has played a role in the recent underperformance of dollar stores in the US.

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On November 8, 2024, Deborah Weinswig, CEO and Founder of Coresight Research, presented on the AI (artificial intelligence) revolution in retail at the YPO Global Business Summit 2024. A variation of this presentation was also used during Weinswig’s keynote on AI-driven retail at an Executive-in-Residence Lecture hosted by the University of North Texas on November 13, 2024.

Dive into our full presentation to discover the transformative impacts of AI (and generative AI) on the future of retail, covering retail media, retail as a service, digital asset management, demand forecasting, the customer experience and more.

Our insights are built around the Coresight Research CORE framework for AI and sustainability in retail.

Companied mentioned in this presentation include: Bynder, Carrefour, Digital Wave Technology, Persado, RELEX, Simbe Robotics, Walmart

Other relevant research:

AI and Unified Data: Empowering Next-Generation Product and Shopper Intelligence—a free report, produced in partnership with Digital Wave Technology
Precision Pricing in Retail: AI-Driven Pricing Decisions for 2024 and Beyond—a free report, produced in partnership with RELEX
AI for Merchandising: Applications, Implementation and Benefits Abound—a free report, sponsored by Board
Data and AI in Retail Media—Collaboration and Data Cleansing Illuminate the Way Forward
Retail-Tech Landscape: Demand Forecasting
More research on retail media and GenAI in retail
Visit the Coresight Research Retail Technology Hub to explore reports, data and competitive landscapes on technology.

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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 management commentary and company developments
The company’s current management team

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

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Our Three Data Points We’re Watching This Week series spotlights key data points from this week’s research.

Discover key data points we are watching in week 45 of 2024. This week, we focus on physical retail: How are store closures tracking for 2024 in the UK, the US and Canada?

Dive into the full research reports behind these data points:

Other relevant research:

More research reports on physical retail and real estate
View our full collection of reports tracking store developments in the UK, the US and Canada.
The US and UK Store Tracker Databank is the definitive resource for information on store openings and closures by sector in the US and UK retail industries.
All graphics in the Three Data Points series

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Our Weekly US and UK Store Openings and Closures Tracker reports on store closures, openings and bankruptcies. This week, we highlight the huge rise in US store closures and detail recent announcements from major retailers. Non-store-closure news includes the appointment of a new CEO at Boohoo Group and the stepping-down of Dollar Tree’s CEO.

This report presents data up to week 45 of 2024, ended November 8, 2024.

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: Allsup’s, American Freight, Daiso, Marks & Spencer, Murphy USA, Primark, Yankee Candle

Other relevant research:

The full collection of Store Tracker reports
The US and UK Store Tracker Databank is the definitive resource for information on store openings and closures by sector in the US and UK retail industries.
The Retail Bankruptcies Databank details bankruptcies of US and UK retail companies, restaurants and gyms since March 2020.

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Announced store closures by CVS Health and Walgreens Boots Alliance in October have pushed planned total closed retail space for 2024 to nearly 99 million square feet, according to Coresight Research estimates.

Discover US retailers’ latest store closure and opening announcements, as well as the square-footage impacts of these developments.

This report is part of our monthly US Store Tracker Extra series; we offer insights into announced developments as of November 1, 2024.

Data in this report are:

Year-to-date (YTD) US store closures and openings estimates for 2024, by retailer—total number of store closures/openings and their square-footage impact
US announced store closures and openings: week-by-week data for 2024 versus the comparable period in 2023
US retail bankruptcies, 2024 vs. 2023

Companies mentioned in this report include: Costco Wholesale, CVS Health, Ulta Beauty, Walgreens Boots Alliance

Other relevant research:

Read more research reports covering physical retail.
View our full collection of store tracker reports.
The Coresight Research US and UK Store Tracker Databank is the definitive resource for information on store openings and closures by sector in the US and UK retail industries.
The Retail Bankruptcies Databank details bankruptcies of US and UK retail companies, restaurants and gyms since March 2020.

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Our new Canada Store Openings and Closures Tracker reports on store openings and closures in Canada.

This report presents new data on tracked and announced store openings and closures for calendar 2024, with data as of October 2, 2024.

Data in this research report include:

Tabulated data—major store closures and openings by retailer, 2024
Details of tracked and announced developments for 2024 and existing store bases, by retailer
Appendix—2023 closures and openings by sector and top retailers (charted and tabulated)

Companies mentioned in this research report include: Alimentation Couch-Tard, Loblaw Companies, Sobey’s

Other relevant research:

Our full collection of reports tracking store openings and closures in the UK, the US and Canada.
The Coresight Research US and UK Store Tracker Databank is the definitive resource for information on store openings and closures by sector in the US and UK retail industries.

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Our weekly Earnings Insights reports feature highlights from recent management commentary from major US retailers within our Coresight 100 coverage list as they report third-quarter 2024 earnings.

This week, there are highlights from companies that reported in the week ended November 3, 2024, across five sectors: apparel and footwear, beauty, consumer packaged goods, food and grocery, and home and home improvement.

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: Carter’s, Colgate-Palmolive, Columbia Sportswear, Crocs, Deckers Outdoor, Estée Lauder, Floor & Decor, Herbalife Nutrition, Sprouts Farmers Market

Other relevant research:

VF Corporation Investor Day 2024: New Strategic Focus on Scalability and Financial Resilience
Explore all our Earnings Insights reports, including quarterly wrap-ups.
The Corporate and Financial Developments Databank includes details of management changes, financial guidance updates and capital raised by major retail companies.

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The Coresight Research team attended apparel company VF Corporation’s Investor Day 2024, which took place on October 30, 2024.

We present insights from the event, covering the company’s financial targets and strategic growth plans for FY25-28.

Other relevant research:

VF Corporation (NYSE: VFC) Company Profile
Earnings Insights 2Q24, Week 3
Visit the Coresight Research Fashion and Luxury Hub to explore sector data, reports and company profiles.

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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, we dive into findings on holiday shopping specifically. Which retailers are popular, and what are holiday shoppers buying? Track US consumers’ shopping behavior through the holiday season in this report series.

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

Whether consumers have started their holiday shopping yet, and whether they have made any holiday purchases in the past seven days
Popular retailers and product categories among holiday shoppers
Consumers’ expectations for the economy overall and for their own personal financial situation—plus, breakdowns of our findings by income
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
Activities that consumers have done in the past two weeks

Companies mentioned in this research report include: Amazon, Target, Walmart

Other relevant research:

Holiday 2024: US Consumer Survey and Retail Outlook—Early Shopping and Deal-Seeking To Define the Season
All our coverage of US holiday retail, including our Holiday Survey Bites series of infographics
The Coresight Research US Consumer Survey Databank provides additional insight into US consumer behaviors from our weekly surveys.

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Our Market Navigator series offers in-depth, data-rich views of a retail, consumer or technology sector. This Research Preview provides an early look at our upcoming Market Navigator report on the US retail and e-commerce market.

Gain insights into emerging ideas and opportunities in the US retail and e-commerce market, understand the market’s competitive landscape and explore our proprietary retail survey data. We also provide a sneak peek of the themes we are watching in the market, aligning with our proprietary RESET framework.

Look out for our full report, publishing next week, where we will explore these topics in further detail and present key insights about market factors, the macro context and more.

Data in this research report include:

Total sales and year-over-year growth for the US retail market (excluding gasoline and automobiles), 2019–2028E
Proprietary survey data on which social media platforms drive shopping and the importance of sustainability initiatives to US consumers
Year-over-year growth in US real GDP, 2019–2028E

Companies mentioned in this report include: Amazon, Costco Wholesale, Dollar General, Dollar Tree, Kroger, Lowe’s, Macy’s, Shein, Target, Temu, Walgreens Boots Alliance, Walmart

Other relevant research:

Retail 2024: US E-Commerce Technology Trends—Generative AI, Retail Media and Other Revenue-Generating Opportunities To Transform the Online Landscape
Retail 2024: Top 10 Trends in Retail Technology
The US Retail Sales Databank features retail sales values and year-over-year growth, in total and by sector, by year and by month. This Databank is updated monthly.
The Market Sizes Databank offers an overview of key retail market or sector sizes, including Coresight Research projections for future years.

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Our Holiday Bites series for 2024 spotlights proprietary survey data and analysis for the end-of-year holiday season.

This series covers US consumer expectations for holiday spending, the shape and scale of demand, and trends in shopper behavior during the holidays.

In this graphic, we highlight expectations related to travel. Discover US consumers’ plans to take and spend on out-of-town trips—in total, and broken down by age.

Methodology: Insights in the Holiday Bites series draw on findings from online surveys of US consumers aged 18+, conducted by Coresight Research. The data in this graphic are informed by an October 2024 survey of 2,001 respondents who typically spend on the holiday season. At a total level, the results have a margin of error of +/- 2%, at a 95% confidence level.

Other relevant research:

View all Coresight Research coverage of US holiday retail, including more Holiday Bites graphics.
Click here to access our US Holiday Retail 2024 Databank.
The Coresight Research US Consumer Survey Databank provides additional insight into US consumer behaviors from our weekly surveys.

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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, Sujeet Naik, Analyst, offers data-driven insights on whether online marketplace Temu has played a role in the recent underperformance of dollar stores in the US.

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.

Companies mentioned in this report include: Dollar Tree/Family Dollar, Dollar General, Temu

Other relevant research:

Our full research report on this topic: US Dollar Stores Face a Slowdown—Is Temu To Blame?
Retail Industry Analysis: What Can Retailers Learn from Shein and Temu?
Off-Price and Dollar-Store Shopping in Focus—TJX and Dollar Tree Rank as Top Choices: US Consumer Survey Insights
Read previous Analyst Corner reports, including last week’s report, which discussed the outlook for GenAI (generative artificial intelligence).

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