Event CoverageThe Strategic Edge for Startups and Retail’s AI Evolution—Insights from the Israel-US Connect: Retail-Tech Innovation Welcome Reception Ben Marler, Contributor July 15, 2024 Reasons to ReadDeborah Weinswig, CEO and Founder of Coresight Research, moderated a fireside chat at the Israel-US Connect: Retail-Tech Innovation Welcome Reception on July 9, 2024. Hosted by Coresight Research, the Israel Economic Mission and Retail Innovation Club, the event fostered networking between Israeli tech startups and established players in the retail industry. In this report, we present insights from the fireside chat, which featured Ari Hoffman, CEO of Ted Baker USA, and Steven Lamar, President and CEO of American Apparel & Footwear Association (AAFA). Dive into key strategies for retail-technology startups, the evolution of the retail landscape through AI (artificial intelligence) and sustainability practices, and more! Plus, discover the innovative Israel-based retail-technology startups that presented on their solutions. Companies mentioned in this report include: Buywith, FabricDNA, Nexite, Placer.ai, Syte Other relevant research: Retail-Tech Landscape: Israel More research reports on sustainability and generative 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
Analyst CornerAnalyst Corner—Sales, Sports and Seasonal Shopping: US Consumer Survey Insights with Aditya Kaushik Aditya Kaushik, Analyst Sector Lead: Anand Kumar, Associate Director of Retail Research July 14, 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. 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, Aditya Kaushik, Analyst, US consumers’ spending expectations for Amazon’s Prime Day and the Summer Olympics in the third quarter of 2024 (3Q24) as well as the end-of-year holiday season. Data in this research report are selected proprietary survey findings on: Whether US consumers expect to celebrate and spend on key calendar events in 3Q24 Consumers’ spending expectations for the 2024 holiday season Other relevant research: Premium subscribers can access the full research and data behind the insights presented in this Analyst Corner: Seasonal Shopping, 3Q24—Expectations for Paris Summer Olympics and More: US Consumer Survey Insights Extra Holiday 2024: Early US Retail Outlook and all our coverage of US holiday retail Amazon Prime Day 2024: Preview—Five Key Insights The Coresight Research US Consumer Survey Databank provides insight into US consumer behaviors from our weekly surveys. Read previous Analyst Corner reports, including last week’s, which discusses three key learnings in luxury retail. This document was generated for
Event PresentationNavigating AI Risks in the GenAI Era—Insights Presented at The Lead Summit 2024 Deborah Weinswig, CEO and Founder July 12, 2024 Reasons to ReadOn July 11, 2024, Deborah Weinswig, CEO and Founder of Coresight Research, presented on AI (artificial intelligence) at The Lead Summit 2024. Dive into our full presentation to discover key risk-mitigation strategies and overcome challenges to harness the power of AI. Use the Coresight Research AI Risk-Mitigation Framework to get ahead in the GenAI (generative AI) era. Our insights cover data protection and compliance, the ethical use of AI, and much more. Data in this presentation include: Estimated global GenAI applications and hardware market size, 2024–2028 Weinswig presents on AI risk mitigation at The Lead Summit 2024 Source: Coresight Research Other relevant research: Read our detailed insights from Weinswig’s presentation in the accompanying event coverage report AI Models: Risky Business—Navigating the Challenges of Using AI More research 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
Store TrackerWeekly US and UK Store Openings and Closures Tracker 2024, Week 28: Big Lots To Close Stores; Hudson’s Bay Company Acquires Neiman Marcus Aaron Mark Dsouza, Data Analyst July 12, 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, Frasers Group, Victoria’s Secret, Walgreens Boots Alliance 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 Retail Focus John Mercer, Head of Global Research and Managing Director of Retail Research July 12, 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 28 of 2024, with a focus on US retail. From beauty and apparel sales to social commerce, we offer key metrics from our research. Dive into the full research reports behind these data points: US CPG Sales Tracker: Nonfood CPG Rebounds, with E-Commerce and In-Store Growth Accelerating Social Commerce in Focus—Beauty Leads the Way: US Consumer Survey Insights Read the full series of US Consumer Survey Insights and US Consumer Survey Insights Extra reports. Market Navigator: US Apparel and Footwear Retailing—Discounters Poised for Growth Amid Challenging Backdrop Keep up to date with all our research reports on 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 DiveLuxury Retailing: Home and Away—Three Learnings for Growth Across Global Markets Sunny Zheng, Analyst Sector Lead: Anand Kumar, Associate Director of Retail Research July 11, 2024 Reasons to ReadCurrently, consumer shopping behaviors are shifting due to a wide variety of factors, including digital advancements, changing demographics and evolving cultural dynamics; as such, luxury brands and retailers must reassess their traditional approaches and embrace new strategies to remain relevant and competitive. We explore three key trends that are driving growth in global luxury retailing and major players’ recent responses to changing market forces, providing valuable insights into the modern luxury market. Data in this research report include: The size and growth of the global luxury market, broken down by geography, 2019–2028E Overseas tourist visits to Japan, 2019–March 2024 Worldwide year-over-year high-end fashion travel spending growth for March 2024 Companies mentioned in this report include: Alibaba, Amazon, Burberry, Canada Goose, Capri Holdings, Compagnie Financière Richemont, JD.com, Kering, LVMH, Tapestry, Walmart Other relevant research: Market Navigator: Global Luxury Retailing—Ultra Luxe and the China Market Stand Out as High-End Hitters Global Luxury—Retail 2024 Sector Outlook: Emerging Markets and Young Shoppers To Drive Growth Introducing “Fast Luxury” and Its Implications for the Retail Market Five Ways AI Is Being Used in Luxury Retail Visit the Coresight Research Fashion and Luxury 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
Market Navigators/Market OutlookMarket Navigator: US Apparel and Footwear Retailing—Discounters Poised for Growth Amid Challenging Backdrop Anand Kumar, Associate Director of ResearchSunny Zheng, Analyst July 10, 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 apparel and footwear market. Dive in today to gain insights into emerging ideas and opportunities in apparel and footwear 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 the US apparel and footwear market, aligning with our RESET framework. Key topics covered in this report include the importance of apparel customization options and hyper-personalized shopping journeys, the impact of artificial intelligence (AI) and machine learning (ML) on the apparel and footwear space, and growing consumer interest in sustainability, inclusivity and resale options, among many 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 segment, 2019–2028E US Consumer Price Index for the apparel and footwear, food and gasoline categories, 2017–2023 Revenues, operating margins and store counts of leading brands and retailers from across the US apparel and footwear market Proprietary survey data on where US consumers are shopping for apparel and footwear products, and which brands and product types they are purchasing Companies mentioned in this report include: Amazon, American Eagle Outfitters, Burlington Stores, Dick’s Sporting Goods, Foot Locker, Gap, Hanesbrands, Kohl’s, Lululemon Athletica, Marks and Spencer, Ralph Lauren, Ross Stores, Target, The TJX Companies, Under Armour Other relevant research: Read the Research Preview for this report. 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. 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
Deep DiveSocial Commerce in Focus—Beauty Leads the Way: US Consumer Survey Insights Aditya Kaushik, Analyst July 9, 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 1, 2024, survey), we present new data on the role of social media in the shopping process, diving into the popularity of social commerce and the social media platforms and product categories that are leading the way. Data in this research report are our latest proprietary survey findings on: Whether consumers have used social media as part of the shopping process in the past three months Popular social media platforms and product categories among social media 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: Amazon, Facebook, TikTok, Walmart Other relevant research: Beauty Shopping in Focus—TikTok Gains in Latest Quarter: US Consumer Survey Insights TikTok Shop: How Brands, Merchants and Creators Can Sell Products Directly on the Social Platform 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 weekly 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
Deep DiveThe Future of Visual Content in US E-Commerce: Optimizing Your Strategy with AI Manik Bhatia, Head of Cobranded Research Sector Lead: Steven Winnick, Vice President—Innovator Services July 9, 2024 Reasons to ReadVisual content (product imagery or illustrations that market or sell a product to the consumer) plays a fundamental role in determining success for online brands and retailers. In this report, we examine the importance of optimal visual content in US e-commerce and analyze the challenges and benefits for brands and retailers in elevating their visual content strategy. Stand out in the competitive online landscape by implementing our key recommendations to achieve success with your visual content strategy, and understand the role of technology (including AI) in supporting your e-commerce goals. Dive into critical insights from Coresight Research surveys of consumers and brands/retailers. This report is produced and made available to non-subscribers of Coresight Research in partnership with Vizit, a visual analytics company that leverages computer vision and AI to empower brands and retailers to test, measure and optimize product visuals for maximum effectiveness with any audience. Data in this research report include: US online retail sales and e-commerce penetration, 2023–2028E US brands and retailers (survey analysis)—number of channels used for sharing product visuals, benefits of visual content testing, challenges and benefits of leveraging technology, challenges that brands and retailers face in collaborating to elevate their visual content strategy, and more! US consumers (survey analysis)— influence of the quality of product imagery on purchase decisions Other relevant research: Visit the Coresight Research Retail Technology Hub to explore reports, data and competitive landscapes on technology. See all Coresight Research coverage of emerging technology More Innovator Research from Coresight Research Non-subscribers can access the report by completing the form on this page. The report will arrive in your inbox upon completion of the form. 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: Preview—Setting Up for Success with Fast Fulfillment and Affordable Access Madhav Pitaliya, Analyst Sector Lead: Anand Kumar, Associate Director of Retail Research July 8, 2024 Reasons to ReadAmazon’s Prime Day shopping event will be held on July 20–21 this year in India. We present five key insights into Prime Day 2024 ahead of the event, from deals to delivery to affordable Prime membership. Other relevant research: 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
Insight ReportUS CPG Sales Tracker: Nonfood CPG Rebounds, with E-Commerce and In-Store Growth Accelerating Prerana P Kotian, Data Analyst Sector Lead: John Mercer, Head of Global Research and Managing Director of Retail Research July 8, 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 June 16, 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
Insight Report1Q24 US Retail Inventory Insights: Inventory Turnover Ratios Improve Amid Economic Resilience Madhav Pitaliya, Analyst Sector Lead: Anand Kumar, Associate Director of Retail Research July 8, 2024 Reasons to ReadOur quarterly US Retail Inventory Insights series analyzes inventory trends in US retail. In this report, delve into trends by sector and inventory turnover ratios among major US retailers in the first quarter of 2024 (1Q24), and discover key management commentary on inventory levels. The sectors covered in this report are beauty, department stores, discount, drugstores, electronics, food and grocery, home and home improvement, jewelry, luxury, mass merchandise, specialty apparel and footwear, and warehouse clubs. The companies featured in this series are among those listed in the Coresight 100. 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 Among the 40 companies discussed in this report are: Academy Sports + Outdoors, Bath & Body Works, Best Buy, Capri Holdings, Costco, Dollar Tree, Foot Locker, Gap Inc., Home Depot, Kohl’s, Kroger, Macy’s, Nordstrom, Tapestry, Target, TJX, Ulta Beauty, Walmart Other relevant research: Read the previous report in the series, which looks at 4Q23. 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—Inside the World of Luxury Retail: Global Market Learnings with Sunny Zheng Sunny Zheng, Analyst Sector Lead: Anand Kumar, Associate Director of Retail Research July 7, 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. 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, discusses three key learnings in luxury retail: the shift to the direct-to-consumer (DTC) channel in the West, the importance of e-commerce in the East, and the global growth of duty-free travel retail. Other relevant research: Market Navigator: Global Luxury Retailing—Ultra Luxe and the China Market Stand Out as High-End Hitters All our coverage of luxury retail 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, which discusses Amazon’s massive investment commitments in its AWS European Sovereign Cloud. This document was generated for
Store TrackerWeekly US and UK Store Openings and Closures Tracker 2024, Week 27: Walgreens Boots Alliance and Bob’s Stores To Close Stores in the US Aaron Mark Dsouza, Data Analyst July 5, 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: Alimentation Couche-Tard, Bob’s Stores, Netflix, Walgreens Boots Alliance, Watches of Switzerland 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: Global Data Focus John Mercer, Head of Global Research and Managing Director of Retail Research July 5, 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 27 of 2024, from the store closures we have tracked in Canada for 2024 to consumer survey insights on the Olympics and Chinese economy. Dive into the full research reports behind these data points: Canada Store Openings and Closures Tracker 2024: Best Buy To Double Canada Store Count This Year—the first report in our new series Keep up to date with all Coresight Research Store Tracker Seasonal Shopping, 3Q24—Expectations for Paris Summer Olympics and More: US Consumer Survey Insights Extra Read the full series of US Consumer Survey Insights and US Consumer Survey Insights Extra reports. Is Financial and Economic Optimism Waning?: China Consumer Survey Insights Read the full series of China Consumer Survey Insights 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
