Analyst Corner 13 minutesRegister for Free AccessWeekly Insights Jul 8, 2016 Coresight Research July 8, 2016 Executive Summary In this week’s letter, we take a look at the potential winners and losers from the Brexit fallout, the near-term impact on consumers, and accelerating trends in UK retail, including the mass adoption of discount formats, a structural shift to the online channel and the relative insulation of younger consumers from the Brexit impact. World events seem to have deterred consumer spending recently. In response, retailers are stepping up promotions in order to clear excess inventories. Consumers continue to avoid paying full price for goods, with full-price units sold down 9.5% and orders using a promotion up 38% during the week leading up to the Fourth of July. Sainsbury’s, the UK’s second-biggest grocery retailer, plans to double its number of click-and-collect grocery collection sites over the next 12 months. The company launched its click-and-collect service for groceries in March 2015. Most customers using its drive-through collection points do so for big, weekly shops. Mexico implemented an 8% tax on high-calorie snacks in 2014, and a recent report says that the tax has been successful in reducing junk-food purchases, but only marginally and only among lower-income and middle-class households. The report says there was an average 5.1% reduction in purchases of items subject to the tax. 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: US Apparel and Beauty Spending Tracker: December 2022 Clothing and Footwear Spending Jumps 6% Year over YearWeinswig’s Weekly: Talking about Shoptalk 20234Q23 US Retail Inventory Insights: Inventory Turnover Ratios Grow Following the Holiday SeasonInnovator Profile: Augmodo—Augmodo is Enhancing Retail Operations through AI-Powered Solutions