Deep DiveRetail-Tech Landscape: Demand Forecasting—October 2024 Update John Harmon, CFA, Managing Director of Technology Research October 3, 2024 Reasons to ReadThe need for demand for advanced demand-forecasting tools has evolved with the digitalization, increasing complexity and heightened competition of the retail landscape today. We discuss demand-forecasting trends for retail (including the impacts of generative AI) and present selected technology providers globally that provide software solutions for demand forecasting and planning—from enterprise software to grocery-focused solutions to supply chain management technology. This report is an update of our Retail-Tech Landscape published in April 2024. Companies mentioned in this report include: Afresh, HIVERY, Impact Analytics, Microsoft, Oracle, Prevedere, RELEX Solutions Other relevant research: Winning the Retail Trifecta: Demand Forecasting, Allocation and Replenishment Reshaping Supply Chains for the 2020s: #2—Demand Forecasting All our Retail-Tech Landscapes spotlighting innovators that are disrupting the retail industry Visit the Coresight Research Retail Technology Hub to explore reports, data and competitive landscapes on technology. 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
Store TrackerUS Store Tracker Extra, September 2024: Big Lots Drives Total Closed Space to 89 Million Square Feet Aaron Mark Dsouza, Data Analyst Sector Lead: John Mercer, Head of Global Research and Managing Director of Retail Research October 3, 2024 Reasons to ReadAnnounced store closures by Big Lots and Family Dollar in September have pushed planned total closed retail space for 2024 to nearly 89 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 September 27, 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: Big Lots, Family Dollar, Foot Locker, LL Flooring 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. 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 CoverageGroceryshop 2024 “Shark Reef” Startup Pitch Competition: Preview—12 Innovators Enhancing the Supply Chain, Customer Experience and Operations Coresight Research Sector Lead: Steven Winnick, Vice President—Innovator Services October 2, 2024 Reasons to ReadGroceryshop 2024 is nearly here! We preview the “Shark Reef” startup pitch competition, providing details on the event’s format and judging panel as well as the 12 participating retail-technology innovators. Discover solutions spanning supply chain and inventory management, operational efficiency, enhancing the customer experience, and marketing! Which startups do you think will win Judges’ Choice and Audience Choice? Coresight Research is an official research partner of Groceryshop 2024. Look out for our free, daily coverage of the event on coresight.com. Other relevant research: You can download an Innovator Profile for each company featured in this report here. Your Guide to Groceryshop 2024: Five Key Themes Driving Growth and Innovation in Grocery and CPG Retail All Coresight Research coverage of emerging technology Visit the Coresight Research Retail Technology Hub to explore reports, data and competitive landscapes on technology. This document was generated for
Deep DiveInnovator Matrix: Demand Forecasting Steven Winnick, Vice President—Innovator Services October 2, 2024 Reasons to ReadThe Coresight Research Innovator Matrix series uncovers the top technology companies across key segments, helping retailers find technology partners, and investors discover promising retail-technology innovators poised for growth. In this report, we discuss the US demand-forecasting technology landscape and opportunity, and identify the next generation of retail innovators in the space. Demand forecasting is a critical component of retail operations that significantly impacts a retailer’s ability to optimize inventory levels, reduce waste and improve customer satisfaction. We analyze, evaluate and score the top companies based on their relative performance on a two-factor evaluation scale: level of innovation and market potential. Companies mentioned in this report are: Afresh, Algo, Blue Ridge, Blue Yonder, Impact Analytics, o9 Solutions, RELEX Solutions, SAS Institute, ToolsGroup Other relevant research: Retail-Tech Landscape: Demand Forecasting—October 2024 Update Winning the Retail Trifecta: Demand Forecasting, Allocation and Replenishment Reshaping Supply Chains for the 2020s: #2—Demand Forecasting More Innovator Research from Coresight Research, including previous reports in the Innovator Matrix series Visit the Coresight Research Retail Technology Hub to explore reports, data and competitive landscapes on technology. 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 DiveResponses to Inflation and Financial Resilience—Strategic Purchasing Behavior: US Consumer Survey Insights Aditya Kaushik, Analyst October 1, 2024 Reasons to ReadThe 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 23, 2024, survey), we dive into consumer’s responses to inflation and their self-reported financial resilience. Data in this research report are our latest proprietary survey findings on: Consumers’ perceptions of inflation, and its impact on grocery and nongrocery spending How long consumers could cover their 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, Costco, Walmart Other relevant research: The Coresight Research US Consumer Survey Databank provides additional insight into US consumer behaviors from our weekly surveys. 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
Market Navigators/Market OutlookMarket Navigator: US Grocery Retailing—Igniting Unit Growth in a Low-Inflation Environment Sujeet Naik, Analyst Sector Lead: Anand Kumar, Associate Director of Retail Research September 30, 2024 Reasons to ReadEach 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 US grocery market. Dive in today to gain insights into emerging ideas and opportunities in grocery retailing, 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 US grocery retailing, aligning with our RESET framework. Key topics covered in this report include consolidation in the US grocery space, the impact of the Ozempic economy on US grocers, growing competition due to grocery discounters and grocery retailers’ sustainability efforts, 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, 2019–2028E Market breakdowns by category, distribution channel and product segment, 2017–2023 Total inflation, food-at-home inflation, and the Finished Consumer Foods Producer Price Index, December 2021–June 2024 Revenues, operating margins and store counts of leading retailers from across the US grocery market Shopper visitation growth rates (retail traffic) for major retailers of groceries Proprietary survey data on where US consumers are shopping for grocery products (both in-store and online), and why they choose the retailers they shop Companies mentioned in this report include: Ahold Delhaize, Albertsons, Aldi, Amazon, BJ’s Wholesale, Costco, Dollar General, Dollar Tree, Kroger, Lidl, Private Label Manufacturers Association, Publix, Sainsbury’s, Sprouts Farmers Market, Target, Tesco, Trader Joe’s, Walmart Other relevant research: Read the Research Preview for this report. US Grocery—Retail 2024 Sector Outlook: Growth To Soften Amid Declining Inflation Discount Decades—US Grocery Discounters: Poised for Growth Amid Inflation and Economic Uncertainty Five Ways AI Is Being Used in Grocery Retail Data Dive: When Will US Grocery Unit Growth Turn Positive? Visit the Coresight Research Food, Grocery and CPG Retail Hub to explore sector data, reports and company profiles. More reports in the Coresight Research Market Navigator (and Market Outlook) series 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 Purchase this report. Buy Now This document was generated for
Innovator ProfileInnovator Profile: Augmodo—Augmodo is Enhancing Retail Operations through AI-Powered Solutions Vijay Doijad, Analyst September 30, 2024 Reasons to ReadCoresight Research is an official research partner of Groceryshop 2024, which will take place in Las Vegas, Nevada, US, during October 7–9, 2024. On October 7, the “Shark Reef” Startup Pitch competition will see 12 early-stage technology startups compete to win the Judges’ Choice and Audience Choice awards. Our Innovator Profile series gives you a sneak peek at the participating companies. In this report, we present Augmodo! Other relevant research: See all of our coverage of Groceryshop 2024, as well as previous Groceryshop events Your Guide to Groceryshop 2024: Five Key Themes Driving Growth and Innovation in Grocery and CPG Retail Visit the Coresight Research Retail Technology Hub to explore reports, data and competitive landscapes on technology. This report is available for free and can be accessed by registering for a free account. This document was generated for
Innovator ProfileInnovator Profile: Machyna—Revolutionizing Retail with Smart Shopping Carts and Baskets Vijay Doijad, Analyst September 30, 2024 Reasons to ReadCoresight Research is an official research partner of Groceryshop 2024, which will take place in Las Vegas, Nevada, US, during October 7–9, 2024. On October 7, the “Shark Reef” Startup Pitch competition will see 12 early-stage technology startups compete to win the Judges’ Choice and Audience Choice awards. Our Innovator Profile series gives you a sneak peek at the participating companies. In this report, we present Machyna! Other relevant research: See all of our coverage of Groceryshop 2024, as well as previous Groceryshop events Your Guide to Groceryshop 2024: Five Key Themes Driving Growth and Innovation in Grocery and CPG Retail Visit the Coresight Research Retail Technology Hub to explore reports, data and competitive landscapes on technology. This report is available for free and can be accessed by registering for a free account. This document was generated for
Innovator ProfileInnovator Profile: Indellia—Streamlining Customer Feedback Management for Actionable Insights Vijay Doijad, Analyst September 30, 2024 Reasons to ReadCoresight Research is an official research partner of Groceryshop 2024, which will take place in Las Vegas, Nevada, US, during October 7–9, 2024. On October 7, the “Shark Reef” Startup Pitch competition will see 12 early-stage technology startups compete to win the Judges’ Choice and Audience Choice awards. Our Innovator Profile series gives you a sneak peek at the participating companies. In this report, we present Indellia! Other relevant research: See all of our coverage of Groceryshop 2024, as well as previous Groceryshop events Your Guide to Groceryshop 2024: Five Key Themes Driving Growth and Innovation in Grocery and CPG Retail Visit the Coresight Research Retail Technology Hub to explore reports, data and competitive landscapes on technology. This report is available for free and can be accessed by registering for a free account. This document was generated for
InfographicThe Coresight Research CORE Framework for Generative AI in Retail Coresight Research September 29, 2024 Reasons to ReadWe relaunch our longstanding CORE framework for AI (artificial intelligence) in retail with a focus on generative AI. The updated framework serves as a navigation tool for retail companies exploring the use cases of generative AI in the industry, covering front-end (consumer-facing) and back-end (fulfillment and supply chain) operations. We updated this framework in September 2024 to reflect where GenAI’s impact on retail is crystallizing. Other relevant research: Generative AI Latest: Empowering Productivity and Marketing Globally, Regulations for Responsible Use in China ChatGPT and Generative AI: Five Things Retailers Should Know—Update The Retail Buzz Around Generative AI—Infographic All Coresight Research coverage of generative AI in retail 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
Analyst CornerAnalyst Corner—Three Key Themes Transforming the US Retail Landscape with Anand Kumar Anand Kumar, Associate Director of Research September 29, 2024 Reasons to ReadWelcome 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, discusses three key themes currently transforming the US retail and e-commerce market: social commerce, expanded online marketplaces and retail media. 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 data on US consumers’ social media shopping behaviors Other relevant research: Social Commerce in Focus—Beauty Leads the Way: US Consumer Survey Insights The US Retail Media Market: Understanding the Ad Buyer’s Perspective in CPG Retail 2024: US E-Commerce Technology Trends—Generative AI, Retail Media and Other Revenue-Generating Opportunities To Transform the Online Landscape Read previous Analyst Corner reports, including last week’s report, which discusses the potential implications of the Federal Reserve’s recent interest-rate cuts for consumer sentiment in the US. This document was generated for
Innovator ProfileInnovator Profile: Devour—Transforming Food Delivery into an Engaging Gaming Experience Vijay Doijad, Analyst September 27, 2024 Reasons to ReadCoresight Research is an official research partner of Groceryshop 2024, which will take place in Las Vegas, Nevada, US, during October 7–9, 2024. On October 7, the “Shark Reef” Startup Pitch competition will see 12 early-stage technology startups compete to win the Judges’ Choice and Audience Choice awards. Our Innovator Profile series gives you a sneak peek at the participating companies. In this report, we present Devour! Other relevant research: See all of our coverage of Groceryshop 2024, as well as previous Groceryshop events Your Guide to Groceryshop 2024: Five Key Themes Driving Growth and Innovation in Grocery and CPG Retail Visit the Coresight Research Retail Technology Hub to explore reports, data and competitive landscapes on technology. This report is available for free and can be accessed by registering for a free account. This document was generated for
Innovator ProfileInnovator Profile: Puller AI—Empowering Retail Teams To Access Critical Data Effortlessly with a No-Code Platform Vijay Doijad, Analyst September 27, 2024 Reasons to ReadCoresight Research is an official research partner of Groceryshop 2024, which will take place in Las Vegas, Nevada, US, during October 7–9, 2024. On October 7, the “Shark Reef” Startup Pitch competition will see 12 early-stage technology startups compete to win the Judges’ Choice and Audience Choice awards. Our Innovator Profile series gives you a sneak peek at the participating companies. In this report, we present Puller AI! Other relevant research: See all of our coverage of Groceryshop 2024, as well as previous Groceryshop events Your Guide to Groceryshop 2024: Five Key Themes Driving Growth and Innovation in Grocery and CPG Retail Visit the Coresight Research Retail Technology Hub to explore reports, data and competitive landscapes on technology. This report is available for free and can be accessed by registering for a free account. This document was generated for
Innovator ProfileInnovator Profile: Rodeo—Boosting E-Commerce Conversion with Passwordless Auto-login Vijay Doijad, Analyst September 27, 2024 Reasons to ReadCoresight Research is an official research partner of Groceryshop 2024, which will take place in Las Vegas, Nevada, US, during October 7–9, 2024. On October 7, the “Shark Reef” Startup Pitch competition will see 12 early-stage technology startups compete to win the Judges’ Choice and Audience Choice awards. Our Innovator Profile series gives you a sneak peek at the participating companies. In this report, we present Rodeo! Other relevant research: See all of our coverage of Groceryshop 2024, as well as previous Groceryshop events Your Guide to Groceryshop 2024: Five Key Themes Driving Growth and Innovation in Grocery and CPG Retail Visit the Coresight Research Retail Technology Hub to explore reports, data and competitive landscapes on technology. This report is available for free and can be accessed by registering for a free account. This document was generated for
Store TrackerWeekly US and UK Store Openings and Closures Tracker 2024, Week 39: UK Store Openings Up 13% Year Over Year Aaron Mark Dsouza, Data Analyst Sector Lead: John Mercer, Head of Global Research and Managing Director of Retail Research September 27, 2024 Reasons to ReadOur 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: Claire’s, Frasers Group, Levi’s, Salt Life 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. 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
