InfographicThree Data Points We’re Watching This Week Coresight Research August 16, 2024 Reasons to ReadOur 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 33 of 2024, covering store closures in the apparel market, shopper penetration at drugstores and consumer perceptions of retail theft. Dive into the full research reports behind these data points: Fashion Footprint: Real Estate Expansion and Store Downsizing in the US Apparel Retail Market Visit the Coresight Research Fashion and Luxury Hub to explore sector data, reports and company profiles. Drugstore and Pharmacy Shopping in Focus—CVS and Walgreens Are the Top Choices: US Consumer Survey Insights The Coresight Research US Consumer Survey Databank provides additional insight into US consumer behaviors from our weekly surveys. Retail Shrink and ORC: Spotlight on Shoplifting —Theft Rates and Responses in the US and the UK This document was generated for
Insight ReportJuly 2024 US Retail Sales: Growth Rebounds with Second-Highest Rate in 2024 Madhav Pitaliya, Analyst Sector Lead: Anand Kumar, Associate Director of Retail Research August 15, 2024 Reasons to ReadUsing data from the US Census Bureau, we analyze US retail sales in July 2024, in total and by sector. Data in this research report are: Year-over-year changes in US total retail sales (excluding gasoline and automobiles), July 2023–July 2024 Year-over-year changes in retail sales by sector, June and July 2024 Other relevant research: June 2024 US Retail Sales: Growth Slumps as Only Department Stores See Improvement Our monthly reports keep you up to date on retail sales (in total and by sector) and key consumer indicators in the US. Complementing our monthly reports, the Coresight Research US Retail Sales Databank brings together retail sales data to help you understand the scale and trajectory of US 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
Insight ReportRetail Shrink and ORC: Spotlight on Shoplifting—Theft Rates and Responses in the US and the UK Sujeet Naik, Analyst Sector Lead: Anand Kumar, Associate Director of Retail Research August 15, 2024 Reasons to ReadContinuing our regular series on retail shrink and organized retail crime (ORC), we dive into recent developments in shrink from the UK and the US, as well as recent earnings commentary from major retailers in Canada, Europe and the US. Data in this research report include: Proprietary survey data on US consumers’ perceptions of and responses to shoplifting and retailers’ theft-prevention measures Third-party survey data on the types of stores shoplifters believe are the easiest to steal from Police-recorded shoplifting offences in England and Wales, April 2018–March 2024 Companies mentioned in this report include: Ahold Delhaize, Amazon, Avery Dennison, BJ’s Wholesale, Costco, Datascan, Dick’s Sporting Goods, Dollar General, Dollar Tree, Holland & Barrett, Loblaw Companies, Target, Ulta Beauty, Walmart Other relevant research: Read the previous report in our Retail Shrink and ORC series RetailTech: Leading-Edge Loss Prevention—Tackling Theft and Fraud Through RFID, Video Surveillance and More—a free report, sponsored by Sensormatic Retail Challenges Drive Edge Technology Investment—a free report, sponsored by VMware Retail-Tech Landscape: Loss Prevention RetailTech: RFID Is the Technology That Keeps on Giving to Retailers (and Associates and Consumers) 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 DiveRetail-Tech Landscape: CDP Software Vijay Doijad, Analyst Sector Lead: John Harmon, CFA, Associate Director of Technology Research August 14, 2024 Reasons to ReadCustomer data platforms (CDPs), part of the broader customer relationship management market, collect and integrate data in real time, providing unified profiles that offer a holistic view of a retailer’s customers. This enables retail companies to enhance personalization, customer engagement and data-driven decision-making. Read this Retail-Tech Landscape to understand the functionality of CDPs and discover selected technology companies globally that provide CDP software solutions across five categories, including analytics and data management. Data in this research report include: Estimated global CDP and CRM software market size, 2024 Companies mentioned in this report include: Google, IBM, Microsoft, Oracle, Salesforce, SAP, SAS, Tealium, Treasure Data, VASS Other relevant research: Free research report: Customer Data Platforms: Unearthing Buried Treasure in Unified Shopper Profiles Free research report: The Power of First-Party Data: Five Ways To Maximize Business Success 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
Deep DiveDrugstore and Pharmacy Shopping in Focus—CVS and Walgreens Are the Top Choices: US Consumer Survey Insights Aditya Kaushik, Analyst August 13, 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 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: Market Navigator: US Drugstore and Pharmacy Retailers—A Strong Focus on Healthcare Expansion in 2024 and Beyond Market Navigator: US Healthcare—Evolving To Become More Personalized and Consumer-Focused More research coverage of drugstores Every 12 weeks, we survey consumers about each major retail sector, and we include that data in full in our US Consumer Survey Insights Databank. Look out for focused analysis on more retail sectors in future reports in our US Consumer Survey Insights report 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 Contact us to purchase this report. Contact us ✕ This document was generated for
Insight ReportEarnings Insights 2Q24, Week 3: Clorox, Floor & Decor and Under Armour Among the Many Companies Reporting Sales Declines Madhav Pitaliya, Analyst Sector Lead: Anand Kumar, Associate Director of Retail Research August 13, 2024 Reasons to ReadOur 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: Explore all our Earnings Insights reports, including quarterly wrap-ups. 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 DiveFashion Footprint: Real Estate Expansion and Store Downsizing in the US Apparel Retail Market Anand Kumar, Associate Director of Research August 12, 2024 Reasons to ReadThe 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: Market Navigator: US Apparel and Footwear Retailing—Discounters Poised for Growth Amid Challenging Backdrop Amazon Apparel US Consumer Survey 2024: Amazon Regains Its Spot as America’s Most-Shopped Clothing and Footwear Retailer US Apparel and Footwear—Retail 2024 Sector Outlook: While Resilience Remains, E-Commerce Continues To Cede Share to Physical Stores Visit the Coresight Research Fashion and Luxury Hub to explore sector data, reports and company profiles. 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
Insight ReportChina Retail Insights: Countdown to Singles’ Day 2024, Three Months To Go—Brands Connect with Shoppers Through AI and Livestreaming Sunny Zheng, Analyst Sector Lead: Anand Kumar, Associate Director of Retail Research August 12, 2024 Reasons to ReadWe 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: All Coresight Research coverage of Singles’ Day Key Festivals and Holidays for Promotional Campaigns in China in 2024: Calendar Retail 2024: 10 Trends in China Retail US and China E-Commerce—Retail 2024 Sector Outlook: Online Sales To Maintain Strong Growth Momentum All Coresight Research coverage of China 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—Deal Dynamics: The Upward Trajectory of the US Off-Price Market, with Anand Kumar Anand Kumar, Associate Director of Research August 11, 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, 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: Market Outlook: Off-Price Is On Top as Growth Continues Visit the Coresight Research Fashion and Luxury Hub to explore sector data, reports and company profiles. Read previous Analyst Corner reports, including last week’s report, which discusses the layers of hidden fees that consumers are experiencing across multiple industries. This document was generated for
Store TrackerWeekly US and UK Store Openings and Closures Tracker 2024, Week 32: Announced US Store Closures Outpace Openings for the First Time This Year Aaron Mark Dsouza, Data Analyst August 9, 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: Big Lots, Havertys, Party City, Publix 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
InfographicThree Data Points We’re Watching This Week Coresight Research August 9, 2024 Reasons to ReadOur 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: The Future of Fashion, Shaped by Technology: AI-Powered Supply Chains, Operations and Experiences in US Apparel and Footwear Retailing Visit the Coresight Research Fashion and Luxury Hub to explore sector data, reports and company profiles. 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. Inflation and Interrupted Income—Could Consumers Still Pay the Bills?: US Consumer Survey Insights 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
Deep DiveEbbing Economic Expectations: China Consumer Survey Insights Madhav Pitaliya, Analyst August 8, 2024 Reasons to ReadThe 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: Read the full series of China Consumer Survey Insights reports. The Coresight Research China Retail Sales Databank brings together retail sales data to help you understand the trajectory of retail in China. Retail 2024: 10 Trends in China Retail Key Festivals and Holidays for Promotional Campaigns in China in 2024: Calendar More research reports on China retail Interested in more consumer survey analysis? Check out our US Consumer Survey Insights 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 Contact us to purchase this report. Contact us ✕ This document was generated for
Store TrackerUS Store Tracker Extra, July 2024: Conn’s Drives Total Closed Space to 67 Million Square Feet Aaron Mark Dsouza, Data Analyst August 7, 2024 Reasons to ReadPlanned 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. 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 DiveInflation and Interrupted Income—Could Consumers Still Pay the Bills?: US Consumer Survey Insights Aditya Kaushik, Analyst August 6, 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 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: 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. 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 DiveThe Future of Fashion, Shaped by Technology: AI-Powered Supply Chains, Operations and Experiences in US Apparel and Footwear Retailing Anand Kumar, Associate Director of Research August 6, 2024 Reasons to ReadAs 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: Market Navigator: US Apparel and Footwear Retailing—Discounters Poised for Growth Amid Challenging Backdrop Amazon Apparel US Consumer Survey 2024: Amazon Regains Its Spot as America’s Most-Shopped Clothing and Footwear Retailer US Apparel and Footwear—Retail 2024 Sector Outlook: While Resilience Remains, E-Commerce Continues To Cede Share to Physical Stores Visit the Coresight Research Fashion and Luxury Hub to explore sector data, reports and company profiles. 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
