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.

As today is World Health Day, this week’s Analyst Corner has a healthcare focus: Aditya Kaushik, Analyst, discusses how drugstore closures are exacerbating the issue of pharmacy deserts in the US.

Companies mentioned in this report include: Amazon, CVS Health, Dollar General, Rite Aid, Walgreens Boots Alliance, Walmart

Other relevant research:

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Reasons to Read

On April 3, 2024, John Harmon, Associate Director of Technology Research at Coresight Research, presented on retail media network (RMN) opportunities at the NACS State of the Industry Summit.

Read the full presentation to delve into the expansive possibilities offered by RMNs within the convenience channel. Uncover the unique advantages and untapped potential that retail media presents to retailers and suppliers alike, and explore how leveraging a network can revolutionize distribution strategies, enhance product visibility and ultimately drive revenue growth in the convenience sector.

Data in this presentation include:

  • US retail media ad spend, 2022–2026E
  • Coresight Research survey findings on US CPG/FMCG brands’ use of RMNs, including investment levels, challenges and RMN differentiators

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: Ross Stores, Aldi

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.

From consumer shopping behavior on Amazon.com to Family Dollar store closures to the size of China’s retail market, discover the key data points we are watching in week 14 of 2024.

Dive into the full research reports behind these data points:

  1. Amazon Makes Gains During Big Spring Sale Event: US Consumer Survey Insights
  2. US Store Tracker Extra, March 2024: Family Dollar Closures Push Total Shuttered Space to 30 Million Square Feet
  3. Five Ways To Win in the China Market: Opportunities for Western Brands and Retailers—China Retail Insights
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Reasons to Read

In our quarterly US Retail Inventory Insights reports, we analyze inventory trends among US retailers listed in the Coresight 100.

In this report, we look at the inventory levels of various retailers in the fourth quarter of 2023 (4Q23) and assess why levels may have changed from the year-ago period, across the following sectors: beauty retailers, department stores, discount stores, drugstore retailers, electronics retailers, food and grocery retailers, home and home-improvement retailers, jewelry retailers, luxury retailers, mass merchandisers, specialty retailers and warehouse clubs.

Data in this report include:

  • Inventory turnover ratios by quarter for the latest quarter and the prior eight quarters
  • Year-over-year changes in inventory values of covered US retailers for the latest quarter and the prior quarter

Companies mentioned in this report include: Academy Sports and Outdoors, Bath & Body Works, Best Buy, Costco, Dollar General, Dollar Tree, Foot Locker, Home Depot, Kohl’s, Kroger, Macy’s, Nordstrom, Ross Stores, Sprouts Farmers Market, Tapestry, Target, Walgreens Boots Alliance, Walmart

Other relevant research:

  • Click here to read the previous report in the series, which looks at 3Q23.
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Reasons to Read

Family Dollar’s planned closures will push total closed US retail space to 30 million square feet in 2024. Explore the details of its store closure plans and discover other US retailers’ store closure and opening announcements from March 2024, including their square-footage impact, in this report.

Part of our monthly US Store Tracker Extra series, we offer insights into announced developments as of March 29, 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: Burlington Stores, Dollar General, Family Dollar, Five Below, Rite Aid, The Body Shop, The TJX Companies

Other relevant research:

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

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 healthcare market.

Gain insights into emerging ideas and opportunities in the market, understand the growth trajectory of retailers’ and brands’ revenues, and explore the competitive landscape. We also provide a sneak peek of the themes we are watching in the market, aligning with our RESET framework.

Look out for our full report next week to explore these topics in further detail and to discover key insights about market factors, the US macro context and more.

Data in this research report include:

  • US healthcare categories’ share of personal healthcare spending
  • US funding sources’ share of healthcare spending
  • US major health-sector retailers’ and brand owners’ revenues

Companies mentioned in this report are: CVS Health Corporation, Humana, McKesson, Johnson & Johnson, Rite Aid, UnitedHealth Group, Walgreens Boots Alliance

Other relevant research:

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Reasons to Read

Online fashion behemoth Shein is extending its small-scale, made-to-order model to third-party brands and designers.

In this report, we discuss the potential offerings under the new “supply chain-as-a-service (SCaaS)” initiative and explore its implications for Shein, third-party brands and retailers, and broader retail.

Companies mentioned in this report include: Alibaba, Amazon, ASOS, Boohoo, H&M, Inditex, Shein, Target, Uniqlo, Walmart

Other relevant research:

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Reasons to Read

Each Market Outlook offers our analysts’ definitive view of their sector. This research report includes proprietary forecasts, analysis of company metrics, exclusive consumer survey data and our analysts’ consideration of factors and themes in the market.

In this Market Outlook, we explore the size and trajectory of the US food-away-from-home (FAFH, also known as foodservice) market and key factors impacting growth. We also cover the performance and outlook for online food delivery in the US, as well as the overall market’s competitive landscape, innovators and themes we are watching in 2024 and beyond.

Data in this research report include:

  • US FAFH total sales and sales growth, 2019–2028E
  • US online meal-delivery sales, 2019–2028E
  • FAFH and total inflation, September 2022–January 2024
  • Global and US revenues of major publicly traded restaurant chains in the US, FY18–FY23
  • Store numbers of the top five restaurant chains (by store portfolio) in the US

Companies mentioned in this report include: Chipotle, Domino’s Pizza, Dunkin’, McDonald’s, Restaurant Brands International, Shake Shack, Starbucks, Subway, Taco Bell, Wendy’s, Yum! Brands

Other relevant research:

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Reasons to Read

Our China Retail Insights series presents the latest insights from the ever-evolving landscape of China’s retail market. Each report in this series provides on-the-ground updates, dissecting the trends, innovations and consumer behaviors that are shaping one of the world’s most dynamic retail environments.

Why does China present huge opportunity for Western retailers, and how can they win in the China retail market?

In this report, we discuss some of the key drivers and trends shaping China’s retail landscape, and map the status of selected technologies in China along the Coresight Research “Innovation Adoption Path.”

We present strategies for Western brands and retailers to achieve success in the China market. Discover insights on localization, livestreaming, the customer experience and more.

Data in this research report include:

  • The size of the China retail and e-commerce markets
  • Market factors—comparing China to the US and India
  • The Coresight Research Innovation Adoption Path
  • Livestreaming market size—China vs. the US
  • 2023 Singles’ Day GMV—traditional platforms, livestreaming platforms and on-demand platforms

Companies mentioned in this report include: Adidas, Alibaba, Inditex, JD.com, Kering, Kuaishou Technology, LVMH, NIKE, PDD Holdings, The Estée Lauder Companies, Weibo

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.

In this report, our latest findings are from a survey conducted on March 25, 2024.

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

  • 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
  • Consumers’ expectations for the economy overall and for their own personal financial situation

Companies mentioned in this research report include: Aldi, Amazon, Albertsons, Ahold Delhaize, Costco, Dollar General, Dollar Tree/Family Dollar, Kohl’s, Kroger, Macy’s, Target, Walmart

Other relevant research:

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Reasons to Read

The ability of GenAI (generative artificial intelligence) and AI/ML (machine learning) to create content and find relationships among data is enabled by multiple layers of infrastructure. Various tools and services are available for companies to maximize the potential of GenAI to gain a competitive advantage, including by providing ways to optimize and improve training data and to develop customized, context-relevant GenAI models.

In this Retail-Tech Landscape, we discuss key trends in GenAI infrastructure and present selected technology providers globally, with innovative solutions spanning model development, cloud services, AI chips and more.

Companies mentioned in this report include: Adept, Adobe, Aleph Alpha, Alibaba, AMD, Anthropic, AWS, Cohere, Databricks, Digi International, Google Cloud, IBM, Intel, Lightning AI, McFadyen Digital, Microsoft, Mistral AI, Nvidia, OpenAI, Qualcomm, Salesforce, SAP, Scale AI, Shopify, Snowflake, Stability AI

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, presents her take on the US fashion resale market, which has evolved from a single-billion-dollar market in 2008 to a $30+ billion market in 2023.

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.

From retailers’ perspectives on pricing and promotion to consumer gifting preferences and projected US retail sales growth, discover the key data points we are watching in week 13 of 2024.

Dive into the full research reports behind these data points:

  1. The State of In-Store Retailing: Opportunities To Redefine Operations
  2. Seasonal Shopping, 2Q24—Expectations for Memorial Day, Mother’s Day, Father’s Day and Holiday 2024: US Consumer Survey Insights Extra
  3. March 2024 Leading Indicators of US Retail Sales: Growth To Remain in Mid-Single-Digit Range Amid Rising Consumer Sentiment
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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: Five Below, Screwfix

Other relevant research:

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