Insight Report 10 minutes PremiumRetail Reworked, Part 1: Quantifying the Heightened Competition for Retail Dollars Coresight Research November 16, 2017 Executive SummaryIn our three-part Retail Reworked series, we consider changes in spending trends, consumer demand and channel adoption, with a focus on the impact that digital channels and services are having on retail. In this first report, we quantify some of the competing segments that are pulling spending away from retailers in the US. We estimate that US consumers will spend a total of around $36.5 billion in 2017 on a range of digitally enabled segments that compete with conventional retail. These include: Online meal-kit providers, which we estimate will attract US spending of around $2.7 billion in 2017. Apparel resale websites, which we estimate will capture around $2.3 billion of spending this year. Beauty and personal care subscription services, on which American shoppers will spend about $1.5 billion this year, we estimate. Online apparel rental services, which we expect to capture an estimated $500 million of US spending in 2017. 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 Other research you may be interested in: Market Navigator: US Retail and E-Commerce—Uncovering Opportunities in a Changing LandscapeAnalyst Corner—Inside the GLP-1 Boom in the US, with Madhav PitaliyaInnovator Profile: Gander Enables Brands To Engage with Online Shoppers via Integrated UGC VideoVIP Awards 2023: Retail’s Core Is Human and Rooted in Partnership