Analyst Corner 14 minutesRegister for Free AccessWeekly Insights Jan 13, 2017 Coresight Research January 13, 2017 Executive Summary This week’s note “From the Desk of Deborah Weinswig” discusses the cool and innovative gadgets and technology on display at this year’s CES trade show in Las Vegas. Despite reports of a strong holiday season, some retailers are not feeling so jolly. The “Amazon effect” is taking its toll on brick-and-mortar stores, including major brands, but retail has always been in a constant state of change, according to former Walmart US CEO and President Bill Simon. UK retail sales rose by 1.7% year over year in the five weeks from November 27 through December 31. Over the three months ended December 31, food sales grew by 2.4% year over year and nonfood sales grew by 1.3%. During the period, online sales grew by 7.2%, while in-store sales declined by 1.2%. As it deepens its integration with brick-and-mortar stores, Alibaba Group is leading a bid to privatize department store operator Intime Retail for about $2.55 billion. Alibaba originally took a stake in the retailer in 2014, which gave Alibaba access to Intime’s inventory and allowed its online customers to pick up orders from Intime’s physical stores. Please Login to read the full report. Not a member? Register for a free user account. This document was generated for Other research you may be interested in: BEST at Retail: Experiences—Consumer Centricity Boosts Engagement99 Cents Only and Family Dollar Store Closures: Implications from Shopper Profiles and Store LocationsLuxury Shopping in Focus—Gucci Is the Top Choice; Dior Gains in 2024: US Consumer Survey InsightsUS Apparel and Beauty Spending Tracker, August 2023: Beauty, Clothing and Footwear Spending Growth Slows But Remains Resilient