Insight ReportEarnings Insights 2Q24, Week 2: Positive Results from Colgate-Palmolive, Crocs, Deckers Outdoor and More Madhav Pitaliya, Analyst Sector Lead: Anand Kumar, Associate Director of Retail Research August 5, 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 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: 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
Analyst CornerAnalyst Corner—The Horrors of Hidden Fees, with John Harmon: Layers of Charges Are Pinching Consumers’ Stretched Wallets John Harmon, CFA, Managing Director of Technology Research August 4, 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, 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: Read previous Analyst Corner reports, including last week’s report, which discusses the latest on US GDP. This document was generated for
Store TrackerWeekly US and UK Store Openings and Closures Tracker 2024, Week 31: US Store Closures Cross 4,000 Aaron Mark Dsouza, Data Analyst August 2, 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 5 Sporting Goods, Conn’s, JD Sports, Skechers 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: US Summer Spending Focus Coresight Research August 2, 2024 Reasons to ReadOur 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: US CPG Sales Tracker: Online CPG Growth Decelerates as Beauty E-Commerce Turns Negative Again Visit the Coresight Research Food, Grocery and CPG Retail Hub to explore sector data, reports and company profiles. 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. Amazon Prime Day 2024 Wrap-Up: Apparel Proves Popular; AI Enriches Shopping Experience All our Amazon Prime Day coverage. 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 Outlook: Off-Price Is On Top as Growth Continues Anand Kumar, Associate Director of Research August 1, 2024 Reasons to ReadCurrently, the US off-price retail sector is experiencing significant growth and transformation driven by both supply-side expansions and evolving demand dynamics. Off-price retailers have solidified their presence in the US retail landscape by appealing to a wide range of budget-conscious consumers and tapping into diverse demographics as consumers across income brackets seek to maximize their purchasing power. In this Market Outlook, Coresight Research explores the size and trajectory of the US off-price retail market and the key factors impacting its growth. We also cover the overall market’s competitive landscape, innovators and themes we are watching in 2024 and beyond. 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. Data in this research report include: The size and year-over-year changes of the US off-price sector, 2019–2028E US Consumer Price Index for the apparel, cosmetics, food and housing categories, January 2023–March 2024 Revenues, market shares, store counts and gross selling space of major US off-price retailers, 2019–2023 Proprietary survey data on which major US off-price retailers are shopping with, as well as data on cross-shopping patterns among off-price shoppers Companies mentioned in this report include: Amazon, American Eagle Outfitters, Burlington Stores, Dollar General, Five Below, Macy’s, Nordstrom, Ross Stores, Shein, Target, Temu, The TJX Companies, Walmart Other relevant research: Ebook: Discount Decades 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. More reports in the Coresight Research 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 Contact us to purchase this report. Contact us ✕ This document was generated for
Insight ReportUS CPG Sales Tracker: Online CPG Growth Decelerates as Beauty E-Commerce Turns Negative Again Prerana P Kotian, Data Analyst Sector Lead: John Mercer, Head of Global Research and Managing Director of Retail Research August 1, 2024 Reasons to ReadThe Coresight Research and Circana monthly US CPG Sales Tracker provides our data-driven insights into online sales trends in the US CPG industry—covering the product categories of food & beverages, health & beauty, and general merchandise & homecare. This report presents key insights for the four weeks ended July 14, 2024. Data in this research report include: CPG sales growth—e-commerce, in-store and in total E-commerce and total CPG sales growth by category type Food & beverages department breakdown by category: e-commerce and total sales growth Nonfood department breakdowns by category: e-commerce and total sales growth Other relevant research: More reports in our US CPG Sales Tracker series Visit the Coresight Research Food, Grocery and CPG Retail Hub to explore sector data, reports and company profiles 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 DiveCostco Attracts Shoppers; The Travel Bug Spreads This Summer: US Consumer Survey Insights Extra Aditya Kaushik, Analyst August 1, 2024 Reasons to ReadThe Coresight Research monthly US Consumer Survey Insights Extra series offers a more detailed or specific take on trends and data from our weekly surveys of US consumers. This month, we explore trends in US consumer activities and shopping behavior over the past year (July 2023–July 2024), with aggregated monthly findings offering insights into what consumers are buying and which retailers have made gains. Data in this research report are proprietary survey findings on: Consumer activities Popular retailers for food and nonfood shopping Popular product categories, in-store and online The appendix of this report presents results from our weekly survey questions on consumer sentiment (expectations for their personal finances and the economy overall over the next 12 months). Companies mentioned in this research report include: Costco, Macy’s, Sam’s Club, 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
Insight ReportAmazon Prime Day India 2024: Wrap-Up—Flagship Event Delivers Record Member Engagement Madhav Pitaliya, Analyst Sector Lead: Anand Kumar, Associate Director of Retail Research July 31, 2024 Reasons to ReadAmazon India held its eighth annual Prime Day sale on July 20–21, 2024, offering Prime members deals and discounts across a wide variety of product categories. We present insights into Prime Day India 2024 based on our observations of the event and metrics released by Amazon India via a company statement (published on July 25, 2024). Companies mentioned in this report include: Amazon, Apple, Blinkit, Myntra, New Balance, Philips, Samsung, Under Armour, Walmart Other relevant research: Amazon Prime Day India 2024: Preview—Setting Up for Success with Fast Fulfillment and Affordable Access More Coresight Research coverage of Amazon’s Prime Day, including in Western markets and from past years Amazon Apparel US Consumer Survey 2024—full report and infographic The Coresight Research Amazon Databank brings together a range of proprietary data on Amazon, with a focus on its US retail operations. All our reports on shopping festivals and holidays More Coresight Research coverage of India 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
Deep DiveMass Merchandiser and Warehouse Club Shopping in Focus—Walmart Leads but Costco Gains in Latest Quarter: US Consumer Survey Insights Aditya Kaushik, Analyst July 30, 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 22, 2024, survey), we present new data on mass merchandisers and warehouse clubs specifically, diving into where sector shoppers make purchases and what they buy. Data in this research report are our latest proprietary survey findings on: Shopper penetration for mass merchandise and warehouse club retailers Product categories bought by shoppers at mass merchandisers and warehouse clubs 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: BJ’s Wholesale Club, Costco, Sam’s Club, Target, Walmart Other relevant research: Market Navigator: US Mass Merchandisers, Warehouse Clubs and Discount Stores—Growth Slowdown To Persist Amid Sluggish Discretionary Spending All Coresight Research coverage of mass merchandisers, discount stores and warehouse club 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 1: Mixed Reports from Kimberly-Clark, Levi’s, Skechers and Walgreens Madhav Pitaliya, Analyst Sector Lead: Anand Kumar, Associate Director of Retail Research July 30, 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 July 28, 2024, across five sectors: apparel and footwear, consumer packaged goods, drugstores, 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: Albertsons, Kimberly-Clark Corporation, Kroger, Levi Strauss & Co, Skechers, Tractor Supply Company, Walgreens Boots Alliance 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
Insight ReportAmazon Prime Day 2024 Wrap-Up: Apparel Proves Popular; AI Enriches Shopping Experience Aditya Kaushik, Analyst Sector Lead: Anand Kumar, Associate Director of Retail Research July 29, 2024 Reasons to ReadAmazon’s Prime Day took place on July 16–17, 2024, in the US and many other countries. How popular was the sales event, and what did shoppers buy? Dive into our US consumer survey data to discover the answers. Data in this research report are proprietary US consumer survey findings on: Expectations to browse/spend on Prime Day promotions versus actual behavior Spending levels relative to Prime Day 2023 Product categories that Prime Day shoppers purchased Whether Prime Day shoppers bought travel-related or back-to-school products Other relevant research: More Coresight Research coverage of Amazon’s Prime Day, including from past years Amazon Apparel US Consumer Survey 2024—full report and infographic The Coresight Research Amazon Databank brings together a range of proprietary data on Amazon, with a focus on its US retail operations. All our reports on shopping festivals and holidays 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—The Latest on US GDP, with John Mercer John Mercer, Head of Global Research and Managing Director of Retail Research July 28, 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, John Mercer, Head of Global Research and Managing Director of Data-Driven Research, discusses the latest on US GDP, including a close look at select US consumer metrics from the second quarter of 2024. 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: July 2024 US Retail Sales Outlook: Projecting Growth Acceleration Following a Weak June June 2024 US Retail Sales: Growth Slumps as Only Department Stores See Improvement Responses to Inflation—Fewer Shoppers Are Buying Less: US Consumer Survey Insights Read previous Analyst Corner reports, including last week’s report, which discusses the role of data, physical stores and technology in the advancing retail media ecosystem. This document was generated for
Store TrackerWeekly US and UK Store Openings and Closures Tracker 2024, Week 30: Conn’s and Carpetright Close Stores Following Bankruptcy Filings Aaron Mark Dsouza, Data Analyst July 26, 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: Albertsons, Conn’s, Carpetright, Iceland 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: AI Focus John Mercer, Head of Global Research and Managing Director of Retail Research July 26, 2024 Reasons to ReadOur Three Data Points We’re Watching This Week series spotlights key data points from this week’s research. Discover data points we are watching in week 30 of 2024, with a focus on AI (artificial intelligence). From the impact of AI-based drug discovery to the estimated value of the global GenAI (generative AI) applications and hardware market by 2028, we offer key metrics from our research. Dive into the full research reports behind these data points: The Coresight Research AI Risk-Mitigation Framework AI in Action: Redefining Drug Discovery Harnessing GenAI: Strategic Approaches To Combat Risk—Insights from The Lead Summit 2024 Keep up to date with all our research reports on GenAI 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
Insight ReportRetail Shrink and ORC: Theft and Fraud Remain Top Challenges for Food Retailers Sujeet Naik, Analyst Sector Lead: Anand Kumar, Associate Director of Retail Research July 25, 2024 Reasons to ReadContinuing our regular series on retail shrink and organized retail crime (ORC), we dive into recent developments on shrink from the UK and the US, as well as recent earnings commentary from major retailers in Canada and the US. Data in this research report include: Top five factors that negatively impacted US food retailers’ businesses in 2023 Total police-recorded shoplifting offenses and year-over-year changes in Scotland, 2015–2024 Companies mentioned in this report include: BJ’s Wholesale, Costco, Dicks Sporting Goods, Dollar General, Dollar Tree, Target, Tesco, Ulta Beauty, Walgreens, 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 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
