Reasons to Read

In our seventh annual US online grocery survey, we delve into the purchasing patterns of online grocery shoppers, including their product choices, preferred retailers and fulfillment preferences. The basis of this report is our proprietary survey of more than 2,000 US consumers, conducted on April 8, 2024. The consistency of many of our survey questions enables us to build up trend data from our first survey, which we ran in 2018.​

Proprietary survey data in this research report include:

  • Proportions of US shoppers who have bought and expect to buy groceries online, 2018–2024
  • Penetration of the e-commerce channel in grocery shopping, 2018–2024
  • Most popular online grocery retailers, 2022–2024
  • Categories that online grocery shoppers have purchased, 2022–2024
  • Grocery shoppers’ reasons for planning to shop online in the coming year

Companies mentioned in this report include: Amazon, BJ’s Wholesale, Costco, Dollar General, Dollar Tree/Family Dollar, HelloFresh, Instacart, Kroger, Target, Walmart

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Reasons to Read

Coresight Research is an official research partner of Shoptalk Europe 2024, which took place June 3–5 in Barcelona, Spain. Shoptalk Europe is an annual conference that unites retail and e-commerce professionals to discuss the latest trends, innovations and challenges in the retail industry.

This year, the conference covers five major themes in retail: employing AI (artificial intelligence) to transform your business, harnessing brand power and building brand trust, creating unified retail experiences, next-generation demand creation, and navigating changing industry relationships.

In this report, we present key insights from the third and final day of the event.

Companies mentioned in this report include: Allegro, Criteo, Hugo Boss, Kraft Heinz, Mando, maude, MediaMarktSaturn, Miravia, Mondelēz International, PepsiCo, Picnic, Sonae MC, Uber, Valentino, Victoria’s Secret, Walmart

Other relevant research:

  • Access all of our coverage of Shoptalk Europe here.
  • Look out for our upcoming wrap-up report of critical insights from the full event.
  • More research on the topic of retail media

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Reasons to Read

As part of rue21’s Chapter 11 bankruptcy process, its planned store closures will account for 2.7 million square feet of total retail space. Read about this development and discover other US retailers’ store closure and opening announcements from May 2024, as well as their square-footage impact, in this report.

This report is part of our monthly US Store Tracker Extra series; we offer insights into announced developments as of May 31, 2024.

Data in this report are:

  • Year-to-date (YTD) announced 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: CVS Health, The Children’s Place, Murphy USA, rue21, Ted Baker

Other relevant research:

  • View our full collection of Weekly US and UK Store Openings and Closures Tracker and monthly US Store Tracker Extra
  • 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

Coresight Research is an official research partner of Shoptalk Europe 2024, taking place June 3–5 in Barcelona, Spain. Shoptalk Europe is an annual conference that unites retail and e-commerce professionals to discuss the latest trends, innovations and challenges in the retail industry.

This year, the conference covers five major themes in retail: employing AI (artificial intelligence) to transform your business, harnessing brand power and building brand trust, creating unified retail experiences, next-generation demand creation, and navigating changing industry relationships.

In this report, we present key insights from day two of the event.

Companies mentioned in this report include: Amazon, BP, Diageo, H&M, Instacart, Mars, Mattel, Mondelēz International, Mytheresa, Ocado Group, Otto Group, Pandora, PepsiCo, Procter & Gamble, Screwfix, Zalando, Zenni

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 first-quarter 2024 earnings.

This week, there are highlights from companies that reported in the week ended June 2, 2024, across seven sectors: apparel and footwear, beauty, department stores, discount stores, electronics retailers, luxury and specialty apparel.

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: American Eagle Outfitters, Best Buy, Burlington Stores, Capri Holdings, Dick’s Sporting Goods, Dollar General, Foot Locker, Gap, Guess?, Kohl’s, Nordstrom, Ulta Beauty

Other relevant research:

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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.

In this report, our new findings are from a survey conducted on May 27, 2024. What did US consumers get up to during Memorial Day weekend? We explore consumer activities and shopping patterns.

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

  • 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, Costco, Dollar General, Kohl’s, Walmart

Other relevant research:

  • We surveyed US consumers about their spending expectations for Memorial Day for our 2Q24 Seasonal Shopping At the end of the quarter, we will dive into how consumers’ behavior during the holiday compared to their earlier plans.
  • Read the full series of US Consumer Survey Insights reports
  • 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

On June 3, 2024, Coresight Research hosted the Startup Pitch competition at Shoptalk Europe, which saw 12 early-stage retail-technology innovators compete to win the Judges’ Choice and Audience Choice awards.

We present highlights from the competition and each presentation in this recap report. Discover solutions spanning analytics, artificial intelligence (AI), customer engagement and more, and find out which startups won Judges’ Choice and Audience Choice!

Coresight Research is an official research partner of Shoptalk Europe 2024.

Other relevant research:

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Reasons to Read

Coresight Research is an official research partner of Shoptalk Europe 2024, taking place during June 3–5 in Barcelona, Spain. Shoptalk Europe is an annual conference that unites retail and e-commerce professionals to discuss the latest trends, innovations and challenges in the retail industry. 

This year, the conference covers five major themes in retail: employing AI (artificial intelligence) to transform your business, harnessing brand power and building brand trust, creating unified retail experiences, next-generation demand creation, and navigating changing industry relationships. 

In this report, we present key insights from day one of the event. 

Companies mentioned in this report include: Amazon, Bata, Currys, Deliveroo, Deloitte, Diageo, H&M, IKEA, JD Sports Fashion, Kingfisher, Mastercard, Wolt 

Other relevant research:  

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Reasons to Read

On June 3, 2024, Coresight Research hosted the Startup Pitch at Shoptalk Europe 2024, which saw 12 early-stage retail-technology innovators compete to win the Judges’ Choice and Audience Choice awards.

Coresight Research is an official research partner of Shoptalk Europe 2024.

In this presentation, we outline the following:

  • Startup Pitch history—past winners
  • Event format, comprising two rounds
  • Judging panel, led by Deborah Weinswig, CEO and Founder of Coresight Research
  • Startup selection criteria
  • The 12 participating innovators across four areas of retail disruption
  • Choosing the winners—how to vote and things to consider when voting

Weinswig introduces the participating innovators at the Shoptalk Europe 2024 Startup Pitch
Source: Coresight 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 month, delve into US consumers’ travel plans and behavior! To look at how consumers’ travel plans have changed over time, we compare data from January–May 2024 to January–May 2023, aggregating data for each month. We look at overall trends and break down our findings by different demographics to present a comprehensive picture of the state of travel.

This report includes results on consumers’ shopping behaviors from our weekly survey questions aggregated in four-week increments over the past few months.

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

  • Whether consumers arranged a trip (e.g., to visit family, booked a vacation) in the past two weeks—overall trends and breakdown by age, household income, geography and gender
  • Whether consumers went on a trip (e.g., visited family, went on vacation) in the past two weeks—overall trends and breakdown by age, household income, geography and gender

Other relevant research:

  • Read the full series of US Consumer Survey Insights and US Consumer Survey Insights Extra reports.
  • 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

Coresight Research is an official research partner of Shoptalk Europe 2024, which is taking place in Barcelona, Spain, on June 3–5, 2024. On the first day of the event, the Startup Pitch competition will see 12 early-stage innovators give presentations on their solutions that are disrupting the retail landscape.

Our Innovator Profile series gives you a sneak peek at the participating companies. Here, we pull together all their Innovator Profiles into one downloadable document for your convenience.

The 12 innovators are Anam.AI, Carbon Maps, Dragonfruit AI, Elyn, Guac, Loyalty Games, Pi-xcels, Pixyle AI, PSYKHE AI, Rapid Delivery Analytics, Raspberry AI and Veesual.

Discover retail solutions spanning analytics and insights, AI (artificial intelligence), customer engagement and loyalty, and retail operations. Which startups do you think will win Judges’ Choice and Audience Choice?

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.

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.

This week, Sunny Zheng, Analyst, discusses the state of the US apparel and footwear market, which we expect to see moderated growth in 2024. Which categories will underperform and which will see strong demand this year?

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: Amazon, Frasers Group, Sephora, Williams-Sonoma

Other relevant research:

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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 22 of 2024, including the growth prospects for the global luxury goods market and Ahold Delhaize’s new targets through 2028.

Dive into the full research reports behind these data points:

  1. Market Navigator: Global Luxury Retailing
  2. Ahold Delhaize Strategy Day 2024: Growing Together
  3. Keeping the Lights on—Self-Reported Financial Resilience: US Consumer Survey Insights
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Reasons to Read

Each Market Navigator report offers an in-depth, data-rich view of a retail, consumer or technology sector and is packed with data on sectors, segments, companies and consumers. Our analysts discuss at greater length the sector themes they are observing and the insights they are forming on their markets. We intend these definitive guides to serve as points of reference to those in the retail ecosystem, guiding readers’ strategic decision-making and assisting them in tapping opportunities and navigating disruption in retail and adjacent industries.

In this Market Navigator, Coresight Research explores the global luxury market. Dive in today to gain insights into emerging ideas and opportunities, understand the growth trajectory of the market and explore the competitive landscape. You will also discover key insights about market factors and consumer behavior and preferences, based on proprietary survey findings. We also discuss key themes we are watching in the global luxury market, aligning with our RESET framework. Key topics covered in this report include industry consolidation in the luxury market, the strength of the premium luxury segment and the Chinese luxury market, increased mergers and acquisitions activity, and generative artificial intelligence (GenAI), among others.

Included with this Market Navigator

  • Grab quick access to charts, data points and conclusions in the presentation download
  • Access the data behind key charts and tables in the Excel download

Data in this research report include:

  • Total and online market sizes and year-over-year growth rates, 2018–2028E
  • Market breakdowns by geography and segment, 2018–2028E
  • Savings rates for China, the UK and the US, 2019–2023
  • Revenues, operating margins and store counts of leading companies from across the global luxury market
  • Proprietary survey data on where US and Chinese consumers are shopping for luxury goods, as well as what channels they are using to shop for luxury goods

Companies mentioned in this report include: Burberry, Canada Goose, Capri Holdings, Chow Tai Fook Jewellery, The Estée Lauder Companies, Hermès, Kering, L’Oréal, LVMH, Moncler, Prada, Ralph Lauren, Richemont, Tapestry

Other relevant research:

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