March 14, 2024 Insight Report Premium February 2024 US Retail Sales: Growth Accelerates—Electronics Stores Rebound; Nonstore Retailers See Strong GrowthIn February 2024, US retail sales (excluding gasoline and automobiles) grew by over 5% year over year. Using data from the US Census Bureau, we look at total growth trends and performance by sector.
March 1, 2024 Insight Report Premium Macy’s Announces 150 Store Closures—A Turnaround Effort To Drive PerformanceOn February 27, 2024, Macy’s announced its “A Bold New Chapter” strategy. As part of this strategy, Macy’s announced its plans to close approximately 150 underproductive Macy’s locations. We detail this development and its implications for Macy’s and the US department store sector.
February 27, 2024 Deep Dive Free Report Navigating Digital Transformation: Optimizing Hospitality Operations To Enhance Margins and GrowthWe delve into the challenges and expectations around cost and margin management in the hospitality sector through the lens of digital transformation technologies, examining the current state of the hospitality industry and how digital technologies can address issues of cost control and margin optimization.
February 18, 2024 Analyst Corner Register for Free Access Analyst Corner—Keep Up with Retail Dynamics: The Fast Luxury Model with Sunny ZhengThis week’s Analyst Corner discusses the new “Fast Luxury” model from Coresight Research. Sunny Zheng, Analyst at Coresight Research, offers her thoughts on the shifting dynamics of luxury retail.
February 15, 2024 Insight Report Premium January 2024 US Retail Sales: Growth Moderates; Health Stores and Nonstore Retailers Continue To Show Solid GrowthIn January 2024, US retail sales (excluding gasoline and automobiles) grew by nearly 3% year over year. Using data from the US Census Bureau, we look at total growth trends and performance by sector.
February 12, 2024 Insight Report Premium Introducing “Fast Luxury” and Its Implications for the Retail MarketThe new “Fast Luxury” model from Coresight Research addresses the changing nature of luxury styles and purchasing behaviors. We introduce the Fast Luxury model in this new research report. Explore the model’s implications for the retail market and the signs of profitability inherent in the Fast Luxury paradigm.
February 1, 2024 Event Coverage Premium NRF 2024: Retail’s Big Show Wrap-Up—Leveraging Tech To Evolve the Retail Experience and Improve EfficiencyWe present insights from all three days of NRF 2024: Retail’s Big Show, covering consumer-centric strategies, the use of AI (artificial intelligence) and generative AI (GenAI), workforce management investments, and opportunities around marketplaces and sustainability, among other topics.
January 22, 2024 Insight Report Premium Showfields and Neighborhood Goods Store Closures Reveal Challenges to the Physical Concession ModelShowfields once provided digital brands with physical spaces; now, it’s closing all stores. Coresight Research dives into what this means for the physical concession model.
January 17, 2024 Event Coverage Premium Day Three at NRF 2024: Retail’s Big Show—Lessons from Macy’s, Shein, Temu and MoreWe present highlights from the third and final day of NRF 2024: Retail’s Big Show, covering lessons learned from Shein and Temu, the ways in which retailers can address issues and add value to their businesses simultaneously, and insights on personalization and sustainability, among other topics.
January 16, 2024 Event Coverage Premium Day Two at NRF 2024: Retail’s Big Show—Supply Chains and Sustainability Take Center StageWe present highlights from the second day of NRF 2024: Retail’s Big Show, covering the importance of supply chain transformation, sustainability practices, omnichannel experiences and workforce planning in the evolving retail landscape.
January 15, 2024 Event Coverage Premium Day One at NRF 2024: Retail’s Big Show—Building Community and Leveraging Technology Drives Retail SuccessWe present highlights from the first day of NRF 2024: Retail’s Big Show, covering community building through live commerce, data-driven customer experiences, sustainability and more.
January 10, 2024 Event Coverage Premium A Guide to NRF 2024: Retail’s Big Show—Looking Ahead to Insights and Perspectives on Six Critical Topics in RetailWhat should you expect from NRF 2024: Retail’s Big Show? Our event guide presents notable sessions for attendees across major topics in retail, from retailtainment to circular business models to talent and more.
January 3, 2024 Market Navigators/Market Outlook Premium Retail 2024 Sector Outlooks: EbookDiscover the state of the US economy and the prospects for retail in 2024, including growth projections and themes to watch across multiple sectors, from apparel to beauty to grocery and more.
December 26, 2023 Insight Report Premium US Apparel and Beauty Spending Tracker, November 2023: Holiday Fuels Accelerated Clothing and Footwear SpendingThe Coresight Research US Apparel and Beauty Spending Tracker provides a monthly update on the trajectory of consumer spending on beauty, clothing and footwear. In this report, we discuss data from November 2023, showing that clothing and footwear spending growth increased to 2.8% year over year
December 21, 2023 Insight Report Premium Macy’s $5.8 Billion Buyout Bid: A Symphony of Risk and OpportunityTwo hedge funds, Arkhouse Management and Brigade Capital, are reported to have joined forces to bid on a takeover of Macy’s for $5.8 billion. We dive into the opportunities and risks that the bid presents and its impacts for the US department store sector.