Analyst Corner 16 minutesRegister for Free AccessWEINSWIG’S WEEKLY NOVEMBER 30, 2018 Coresight Research November 30, 2018 Executive Summary This week’s note “From the Desk of Deborah Weinswig” discusses what we have learned from visiting and analyzing Amazon’s physical stores. The Thanksgiving Day and Black Friday kickoff of the US holiday shopping season showed the increasing preference for online purchases, as more Americans opted to stay home and use their smartphones and sales and traffic at brick-and-mortar stores declined. Some forecasters are predicting that UK shoppers likely spent more than £7 billion ($9 billion) across Black Friday and Cyber Monday. Swedish furniture and home products company IKEA announced that it will open the world’s largest store, at the SM Mall of Asia in the Philippines, in 2020. IKEA will invest $134 million in the 700,000-square-foot store, which will offer 9,000 products and also have a warehouse, an e-commerce facility and a call center. 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: Three Things You Need To Know: Temu—What Do Consumers Actually Think?Secondhand Chic: US Fashion Resale Market Growth Driven by Vintage and Luxury Demand; Signs of ProfitabilityWeekly US and UK Store Openings and Closures Tracker 2024, Week 5: Walmart Announces US ExpansionCES 2024 Day One: Elevance Health, Intel, L’Oréal and Walmart Drive Customer-Centric Innovation