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 August 5, 2024, survey), we present new data on drugstore and pharmacy retail specifically, diving into where drugstore and pharmacy shoppers make purchases and what they buy.

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

  • Whether consumers have purchased products at drugstores or pharmacy retailers in the past three months
  • Popular retailers and product categories among drugstore and pharmacy 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: CVS, Rite Aid, Walgreens Boots Alliance, Walmart

Other relevant research:

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Reasons to Read

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

This week, there are highlights from companies that reported in the week ended August 11, 2024, across five sectors: apparel and footwear, consumer packaged goods (CPG), drugstore, e-commerce, 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: Amazon, The Clorox Company, CVS Health, Floor & Decor Holdings, Hanesbrands, Quarte Retail, Ralph Lauren, Under Armour, VF Corporation

Other relevant research:

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Reasons to Read

The major apparel and footwear companies of the US market play a significant role in shaping the country’s real estate landscape—by selecting strategic locations for new stores and making the decision to close stores, these retailers impact commercial properties nationwide.

Building on our Market Navigator on US apparel and footwear retailing, we explore various apparel and footwear companies’ store opening and closure strategies over the past few years. We also dive into recent store traffic data, providing a comprehensive understanding of how apparel retailers are changing their physical footprints in 2024.

Data in this research report include:

  • The size and trajectory of the US apparel and footwear market, 2019–2028E
  • The top 50 US apparel and footwear retailers by 2024 store count, as well as their 2020–2024 store count CAGRs
  • Year-over-year changes in store traffic at major US apparel and footwear retailers, July 2023–June 2024
  • Major store openings and closures in the US apparel and footwear market, 2019–June 2024

Companies mentioned in this report include: Adidas, American Eagle Outfitters, Burlington Stores, Carter’s Inc., Dick’s Sporting Goods, Foot Locker, Gap Inc, H&M, Lululemon Athletica, Nordstrom, Ross Stores, Skechers, The TJX Companies, Urban Outfitters, Zara

Other relevant research:

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Reasons to Read

We continue our countdown to Singles’ Day 2024, the largest online shopping festival in the world, which is now just three months away.

How are brands and online platforms in China successfully engaging with shoppers? Explore four pivotal trends shaping China’s e-commerce landscape, from AI (artificial intelligence) to livestreaming.

Embracing the trends discussed in this report is essential for businesses navigating the fiercely competitive market during Singles’ Day.

Data in this research report include:

  • Estimated global retail revenues generated by AI, 2024–2028
  • China’s livestreaming e-commerce market size and growth trajectory, 2023–2027E

Companies mentioned in this report include: Alibaba (Taobao and Tmall), Douyin, East Buy, JD.com

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, Anand Kumar, Associate Director of Retail Research, outlines our projections for off-price retailing in the US and discusses key factors shaping the growth of the market.

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:

  • Proprietary survey findings on US consumers’ value-seeking behavior

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: Big Lots, Havertys, Party City, Publix

Other relevant research:

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Reasons to Read

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

Discover key US-focused data points we are watching in week 32 of 2024, covering technology-driven improvements at checkout, 2024 store openings and consumers’ financial health.

Dive into the full research reports behind these data points:

  1. The Future of Fashion, Shaped by Technology: AI-Powered Supply Chains, Operations and Experiences in US Apparel and Footwear Retailing
  2. US Store Tracker Extra, July 2024: Conn’s Drives Total Closed Space to 67 Million Square Feet
    • 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.
  3. Inflation and Interrupted Income—Could Consumers Still Pay the Bills?: US Consumer Survey Insights
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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 July 29, 2024.

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
  • Avoidance of public places, by type of public place
  • What products consumers have bought in-store and online in the last two weeks

Other relevant research:

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Reasons to Read

Planned and announced US store closures for 2024 rose this month and now total more than 4,200, resulting in 67 million square feet of closed retail space, we estimate. 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 August 2, 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

Companies mentioned in this report include: Alimentation Couche-Tard, Conn’s, QuickTrip, Skechers, Trader Joe’s, Walgreens Boots Alliance

Other relevant research:

  • 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. For the US, the Databank includes store openings and closures from 2012 to 2024 YTD; for the UK, data span 2017 to 2024 YTD.
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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 July 29, 2024, survey), we dive into consumers’ responses to inflation as well as the state of consumers’ financial health.

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

  • Consumers’ perceptions of inflation, and its impact on grocery and nongrocery spending
  • Consumers’ financial health—how long they could cover bills after losing their income, and unsecured debt as a proportion of monthly household income
  • 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 General, Dollar Tree, Temu, Walmart

Other relevant research:

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Reasons to Read

As consumer behaviors continue to shift due to digital advancements, changing demographics and evolving cultural dynamics, apparel brands and retailers must embrace emerging and innovative technologies in order to remain competitive and meet shoppers’ demands.

Building on our Market Navigator on US apparel and footwear retailing, we explore transformative technologies shaping the market, including AI (artificial intelligence). From supply chain to operations to customer-facing applications, discover key tech applications and benefits, and dive into proprietary consumer survey data on the apparel shopping journey.

Data in this research report include:

  • The size and trajectory of the US apparel and footwear market, 2019–2028E
  • Apparel shopper satisfaction of automated customer service interactions (e.g., chatbots and virtual assistants)
  • The impact of a seamless and fast checkout process on the online apparel shopping experience, as well as US apparel shoppers’ view of the in-store checkout process

Companies mentioned in this report include: Adidas, Amazon, Gap Inc., H&M, IBM, Lululemon Athletica, Microsoft, New Balance, NIKE, Oracle, SAP, Shein, Uniqlo, Walmart, Zara

Other relevant research:

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Reasons to Read

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

This week, there are highlights from companies that reported in the week ended August 4, 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 Company, Columbia Sportswear, Crocs, Deckers Outdoor Corporation, Gildan Activewear, Herbalife Nutrition, L’Oréal, Procter & Gamble, Sprouts Farmers Market, Wayfair

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, John Harmon, Associate Director of Technology Research, discusses the layers of hidden fees that consumers are experiencing across multiple industries, pinching their already stretched wallets.

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

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: Big 5 Sporting Goods, Conn’s, JD Sports, Skechers

Other relevant research:

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Reasons to Read

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 31 of 2024, covering US summer spending, from online beauty sales to consumer behavior to Amazon Prime Day purchase rates.

Dive into the full research reports behind these data points:

  1. US CPG Sales Tracker: Online CPG Growth Decelerates as Beauty E-Commerce Turns Negative Again
  2. Costco Attracts Shoppers; The Travel Bug Spreads This Summer: US Consumer Survey Insights Extra
    • Read the full series of US Consumer Survey Insights and US Consumer Survey Insights Extra reports.
  3. Amazon Prime Day 2024 Wrap-Up: Apparel Proves Popular; AI Enriches Shopping Experience
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