Insight ReportJuly 2024 US Retail Sales Outlook: Projecting Growth Acceleration Following a Weak June Madhav Pitaliya, Analyst Sector Lead: John Mercer, Head of Global Research and Managing Director of Retail Research July 25, 2024 Reasons to ReadThe monthly Coresight Research US Retail Sales Outlook series tracks several major macroeconomic indicators and their likely effect on US retail sales. In this report, we analyze the latest available data as of July 18, 2024. Data in this research report include: Proprietary Coresight Research projections for retail sales growth by month for the next 12 months US actual retail sales versus model-predicted sales US unemployment rate and labor force participation rate US average hourly wages for all private-sector employees US annualized real disposable income per capita Other relevant research: June 2024 US Retail Sales Outlook: Projecting Further Retail Resilience in the Second Half of 2024 The Coresight Research US Retail Sales Databank Click here to view our full collection of monthly reports 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 ReportAI in Action: Redefining Drug Discovery Madhav Pitaliya, Analyst Sector Lead: Anand Kumar, Associate Director of Retail Research July 24, 2024 Reasons to ReadArtificial intelligence (AI) and generative AI are transforming industries worldwide, and the healthcare sector is no exception. Discover the applications and benefits of AI in revolutionizing drug discovery, and notable technology providers in the space. Companies mentioned in this report include: BenevolentAI, Exscientia, Insilico Medicine, Novo Nordisk, Pfizer, XtalPi Other relevant research: AI/XR, M.D.: Healthcare’s Tech-Enabled Future—Part One and Part Two Retail 2024: Top 10 Trends in US Healthcare Market Navigator: US Drugstore and Pharmacy Retailers—A Strong Focus on Healthcare Expansion in 2024 and Beyond Generative AI for US Retail Pharmacies and Healthcare: Satisfying Customers through Automation and Personalization AI Is Revolutionizing Healthcare: Four Applications, Countless Benefits 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 DiveOff-Price and Dollar-Store Shopping in Focus—TJX and Dollar Tree Rank as Top Choices: US Consumer Survey Insights Aditya Kaushik, Analyst July 23, 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 15, 2024, survey), we present new data on the off-price and dollar-store retail sectors specifically, diving into where off-price and dollar-store 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 off-price retailers or dollar stores in the past three months Popular retailers and product categories among off-price and dollar-store 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: Dollar General, Dollar Tree, Macy’s, Nordstrom, Target, The TJX Companies, Walmart Other relevant research: 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 ReportAI/XR, M.D.: Operational Technology—Healthcare’s Tech-Enabled Future, Part Two Madhav Pitaliya, Analyst Sector Lead: Swarooprani Muralidhar, Director of Research July 22, 2024 Reasons to ReadThe healthcare industry in the US is increasingly utilizing emerging technologies to improve accessibility, consumer centricity, affordability and convenience—and we believe this transformation is only just beginning. Building on our Market Navigator on the US healthcare market, we highlight players from across the health-tech space, delving into the advanced technologies they offer. We also examine how healthcare companies are deploying these technologies internally to reduce costs and increase efficiency. For more on how consumer-facing technologies are affecting the US healthcare market, see our companion piece to this report, AI/XR, M.D.: Consumer-Facing Technology—Healthcare’s Tech-Enabled Future, Part One. Data in this research report include: Personal healthcare spending in the US healthcare market, total and year-over-year change, 2019–2028E Companies mentioned in this report include: Alphabet, Atman Health, IBM, Intel, Intuitive Surgical, Johnson & Johnson, McKesson, Nvidia, Oracle, Pfizer, UnitedHealth Group Other relevant research: Retail 2024: Top 10 Trends in US Healthcare Market Navigator: US Drugstore and Pharmacy Retailers—A Strong Focus on Healthcare Expansion in 2024 and Beyond Generative AI for US Retail Pharmacies and Healthcare: Satisfying Customers through Automation and Personalization AI Is Revolutionizing Healthcare: Four Applications, Countless Benefits 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—Reshaping Retail Media: Who, Where and How? Three Defining Levers, with Manik Bhatia Manik Bhatia, Head of Cobranded Research July 21, 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, Manik Bhatia, Head of Custom Research, discusses the role of data, physical stores and technology in the advancing retail media ecosystem. 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: More research reports on retail media Visit the Coresight Research Retail Technology Hub to explore reports, data and competitive landscapes on technology. Read previous Analyst Corner reports, including last week’s, which discusses US consumers’ spending expectations for Amazon’s Prime Day and the Summer Olympics. This document was generated for
InfographicThe Coresight Research AI Risk-Mitigation Framework Coresight Research Sector Lead: John Harmon, CFA, Associate Director of Technology Research July 19, 2024 Reasons to ReadHow can you get ahead in the GenAI (generative artificial intelligence) era and deploy AI models safely and successfully? Navigate risks and challenges in the deployment of AI, from data leaks to societal impacts, with the AI Risk-Mitigation Framework from Coresight Research. Understand the critical components that you need to incorporate into your AI strategy across the three major phases of AI implementation. Other relevant research: AI Models: Risky Business—Navigating the Challenges of Using AI Harnessing GenAI: Strategic Approaches To Combat Risk—Insights from The Lead Summit 2024 More research reports on GenAI in retail 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 ReportAmazon Prime Day 2024 Insights: Travel, Food, Early Deals, Livestreaming—This Year’s Sales Boosters Aditya Kaushik, Analyst Sector Lead: Anand Kumar, Associate Director of Retail Research July 19, 2024 Reasons to ReadWe present our observations of Amazon’s Prime Day shopping event, held in the US and Western markets on July 16–17 this year. Discover insights related to travel, grocery and livestreaming, and see which US retailers are cutting into Amazon’s share of wallet. Look out for our upcoming report covering US consumers’ actual participation in Prime Day 2024 and data on the event’s performance. 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/holidays and livestreaming e-commerce 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 TrackerWeekly US and UK Store Openings and Closures Tracker 2024, Week 29: Whole Foods Announces Small-Format Store Openings Aaron Mark Dsouza, Data Analyst July 19, 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: Amazon, New Balance, Stop & Shop, Sheetz, Whole Foods Market 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 July 19, 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 29 of 2024. We offer key metrics from our US consumer surveys, covering GLP-1 drug use and the impacts of inflation, as well as highlights on US retail locations from the Economic Census. Dive into the full research reports behind these data points: Decoding the GLP-1 Trend: How Is the Ozempic Economy Impacting CPG Retail? Responses to Inflation—Fewer Shoppers Are Buying Less: US Consumer Survey Insights Read the full series of US Consumer Survey Insights and US Consumer Survey Insights Extra reports. Data Drop: US Retail—Number of Stores, Firms and Employees 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 DiveAI/XR, M.D.: Consumer-Facing Technology—Healthcare’s Tech-Enabled Future, Part One Madhav Pitaliya, Analyst Sector Lead: Swarooprani Muralidhar, Director of Research July 18, 2024 Reasons to ReadThe healthcare industry in the US is increasingly utilizing emerging technologies to improve accessibility, consumer centricity, affordability and convenience—and we believe this transformation is only just beginning. Building on our Market Navigator on the US healthcare market, we highlight key players across the health-tech space, delving into the advanced technologies they deploy and how these solutions are impacting the ways in which consumers receive healthcare in the US. For more on how operational technologies are affecting the US healthcare market, see our companion piece to this report, AI/XR, M.D.: Operational Technology—Healthcare’s Tech-Enabled Future, Part Two. Data in this research report include: Personal healthcare spending in the US healthcare market, total and year-over-year change, 2019–2028E Proprietary survey data on US consumers’ reasons for using health-monitoring devices and the impacts of doing so on their health Companies mentioned in this report include: Apple, Aloe Care Health, Calm, Cognixion, ElliQ, FitXR, Garmin, Hippocratic AI, January AI, Noom, Oura, RelieVRx, Vayyar Imaging, StackCare, Twin Health Other relevant research: Retail 2024: Top 10 Trends in US Healthcare Market Navigator: US Drugstore and Pharmacy Retailers—A Strong Focus on Healthcare Expansion in 2024 and Beyond Generative AI for US Retail Pharmacies and Healthcare: Satisfying Customers through Automation and Personalization AI Is Revolutionizing Healthcare: Four Applications, Countless Benefits 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
Event CoverageHarnessing GenAI: Strategic Approaches To Combat Risk—Insights from The Lead Summit 2024 Ben Marler, Contributor July 18, 2024 Reasons to ReadCoresight Research partnered with The Lead for its premier event, The Lead Summit, which took place on July 11, 2024. During the Innovation Forum at the event, Deborah Weinswig, CEO and Founder of Coresight Research, presented critical strategies for companies to navigate the challenges of AI (artificial intelligence) and GenAI (generative AI), and deploy AI models effectively. During her presentation, Weinswig highlighted the necessity of a structured approach to address critical issues such as security risks, biased outcomes, false content, legal concerns and ESG (environmental, social and governance) implications. Read our insights from the session to discover the Coresight Research AI Risk-Mitigation Framework and improve your understanding of the risks involved in different stages of AI deployment. Use our checklist for brands and retailers to capitalize on the transformative potential of AI while systematically managing risks. Data in this research report include: Estimated global GenAI applications and hardware market size, 2024E–2028E Other relevant research: View the deck for this presentation: Navigating AI Risks in the GenAI Era—Insights Presented at The Lead Summit 2024 AI Models: Risky Business—Navigating the Challenges of Using AI More research reports ongenerative AI in retail 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 ReportData Drop: US Retail—Number of Stores, Firms and Employees John Mercer, Head of Global Research and Managing Director of Retail Research July 17, 2024 Reasons to ReadDiscover data from the latest Economic Census revealing the number of US physical retail stores, firms and employees by sector. This report is part of our Data Drop series, which provides fast access to a set of data, with minimum intermediation. Data in this research report include: US retail—number of establishments, firms and employees, 2022 and 2017 Other relevant research: More Coresight Research coverage of physical retail 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. 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 ReportJune 2024 US Retail Sales: Growth Slumps as Only Department Stores See Improvement Sunny Zheng, Analyst Sector Lead: Anand Kumar, Associate Director of Retail Research July 16, 2024 Reasons to ReadUsing data from the US Census Bureau, we analyze US retail sales in June 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), June 2023–June 2024 Year-over-year changes in retail sales by sector, May and June 2024 Other relevant research: May 2024 US Retail Sales: Solid Growth Continues as Department Stores Rebound 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
Deep DiveResponses to Inflation—Fewer Shoppers Are Buying Less: US Consumer Survey Insights Aditya Kaushik, Analyst July 16, 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. In this report, our new findings are from a survey conducted on July 8, 2024. In addition to our usual weekly data, we dive into consumers’ current perceptions of and responses to inflation. Data in this research report are our latest proprietary survey findings on: Consumers’ perceptions of and responses to inflation, and its impact on grocery and nongrocery spending 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: Aldi, Amazon, Albertsons, Ahold Delhaize, Costco, Dollar General, Dollar Tree/Family Dollar, Kohl’s, Kroger, Macy’s, Target, 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 DiveDecoding the GLP-1 Trend: How Is the Ozempic Economy Impacting CPG Retail? Sujeet Naik, Analyst Sector Lead: Anand Kumar, Associate Director of Retail Research July 15, 2024 Reasons to ReadGLP-1 medications—which include Mounjaro, Ozempic and Wegovy, among others—are currently reshaping the weight-loss landscape, driven by strong clinical trial results and a wave of endorsements from celebrities and influencers. We offer insights into GLP-1 drug users’ food consumption patterns, partly informed by proprietary data from a Coresight Research survey of US consumers conducted on May 29, 2024. We also explore the impact of the Ozempic economy on CPG (consumer packaged goods) companies by examining their recent fiscal results and commentaries from earnings calls. Data in this research report include: Proprietary survey data on the reasons GLP-1 medication users are taking these drugs and the lifestyle changes the drugs have inspired Changes in food consumption among anti-obesity drug users Year-over-year sales growth data for selected US food and beverage categories Companies mentioned in this report include: Abbott, Anheuser-Busch, The Coca-Cola Company, Conagra Brands, Constellation Brands, Danone, General Mills, Heineken, Mars, Nestlé, PepsiCo, The Hershey Company, Unilever Other relevant research: What the Ozempic Economy Means for US Retail Data Dive: The Global Obesity Economy—Shaped by the Spending of 1 Billion Consumers Market Navigator: US CPG—Significant Growth Opportunities Amid a Dynamic Landscape Market Navigator: US Healthcare—Evolving To Become More Personalized and Consumer-Focused 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 Purchase this report. Buy Now This document was generated for