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Coresight - 2 Coresight's - 2 Deborah Weinswig - 2 Niraj Shah - 1 Wayfair - 1 Warby Parker - 1 Glossier - 1 They're - 1
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☆ Wayfair to open its first large store, as physical locations make a comeback
  + stars: | 2024-05-16 | by ( Gabrielle Fonrouge | In Gabrielle-Fonrouge | ) www.cnbc.com   time to read: +10 min
Wayfair follows other direct-to-consumer brands that have opened stores, including Warby Parker , Figs , Casper, Glossier and Everlane. In the early 2010s, new store openings largely outpaced closures, until the tide turned in 2017. Jeenah Moon | Bloomberg | Getty ImagesOther privately held direct-to-consumer brands have also expanded into retail stores, including bedding company Brooklinen, furniture store Burrow and apparel brands Everlane and Untuckit. High cost of entryIf direct-to-consumer brands could all open stores and suddenly boost sales and profitability, they'd all be doing it. Courtesy: WayfairSome direct-to-consumer brands have already been burned after they expanded too quickly and demand fell.
Persons: Niraj Shah, Wayfair, Warby Parker, Glossier, They're, Larry Cheng, It's, you'll, Liza Lefkowski, Shah, Coresight, John Mercer, Coresight's, Trina Spear, Spears, King, King of Prussia, Rebecca Fitts, Alvarez, Tolia, Allbirds, Al Drago Organizations: CNBC, Apple iOS, Companies, Walmart, Target, Joss, Discount, TJX, Bloomberg, Getty, Marsal, Washington , D.C Locations: Wilmette , Illinois, Chicago, Casper, Amazon, U.S, Coresight Research's, Burlington, Los Angeles, Philadelphia, King, King of Prussia , Pennsylvania, Georgetown, Washington ,
☆ Back-to-school shopping started off better than people expected, says Coresight's Deborah Weinswig
  + stars: | 2023-08-15 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBack-to-school shopping started off better than people expected, says Coresight's Deborah WeinswigJohn San Marco, Neuberger Berman Portfolio Manager and Deborah Weinswig, Coresight Research CEO, joins 'Closing Bell Overtime' to talk Cava earnings, more retail earnings to come this week, the state of the consumer and more.
Persons: Deborah Weinswig John San Marco, Neuberger Berman, Deborah Weinswig Organizations: Coresight
☆ Amazon's own Prime members prefer Walmart over Whole Foods. It's a worrying sign for the tech giant's grocery aspirations.
  + stars: | 2023-06-26 | by ( Alex Bitter | ) www.businessinsider.com   time to read: +4 min
Prime members are more likely to buy groceries online at Walmart than Amazon's stores, per a survey. Previously, Prime members could get free delivery from Amazon Fresh if they ordered at least $35 in items. Although they tend to prefer Walmart, Amazon Prime members are much more likely to order from Whole Foods than non-Prime members are. Noam Galai/ContributorDespite Walmart gaining ground, Coresight found that Prime members were still more likely than non-Prime subscribers to order from Amazon-owned grocers. Do you work or shop at an Amazon Fresh or Whole Foods store and have a story to share?
Persons: —, Sujeet Naik, Naik, Coresight, Noam Galai, Jason Buechel, Alex Bitter Organizations: Walmart, Foods, Service, Amazon Prime, Coresight Research, Amazon, Kroger, Costco, Shoppers Locations: Bentonville , Arkansas
☆ Livestream shopping booms as small businesses strike gold on social media
  + stars: | 2023-06-09 | by ( Andrea Day Chris Dilella | Andrea Day | Chris Dilella | ) www.cnbc.com   time to read: +5 min
Livestream shopping started on social media in China, and according to Coresight Research, has grown into a $512 billion market. The secret to his success, he told CNBC, has been diving into the world of livestream shopping. However, CEO Deborah Weinswig told CNBC the firm has since revised that projection. The firm also estimates livestream shopping will account for more than 5% of total e-commerce sales in the U.S. by 2026. Influencer Danielle Santana hosts live shopping shows on Amazon , selling products from other businesses — everything from cheese graters to make-up sponges.
Persons: I've, Velez, TikTok, Anthony Velez, Deborah Weinswig, didn't, Weinswig, CNBC they're, Eddie Garcia, we're, Garcia, he's, Influencer Danielle Santana, Santana, Coresight's, livestreaming, it's Organizations: eBay, U.S, Research, CNBC, Poshmark, Amazon, Facebook, Meta Locations: China, New York City, U.S
☆ Artificial intelligence is a $38 billion revenue opportunity for retailers. Here's how to play the trend
  + stars: | 2023-04-22 | by ( Michelle Fox | ) www.cnbc.com   time to read: +15 min
Morgan Stanley estimates that in 2022, only 23% of the $4.3 trillion of U.S adjusted retail spending was online. Add in AI, which can drive better shopper experiences or better conversion, it could bump to 9% or possibly 10% CAGR, he said. Eventually, AI can help retailers pitch tailored products to each potential customer based on their prior history. You might see it in the member services experience in having a better opportunity to get customer support," he said. As retailers move ahead in their plans to integrate AI into their business, some will build the capabilities.
☆ Consumers are being more prudent with their purchases in 2023, says Coresight's Deborah Weinswig
  + stars: | 2023-02-28 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailConsumers are being more prudent with their purchases in 2023, says Coresight's Deborah WeinswigDeborah Weinswig, founder and CEO of Coresight Research and former top-rated retail analyst at Citi, joins 'Power Lunch' to discuss Q4 earnings, investment in retail and off-mall retailers surpassing mall traffic.
☆ Walmart shoppers are flocking to stores for cheap groceries, while website visits languish — proving how vital its stores are in a tough economy
  + stars: | 2022-12-14 | by ( Ben Tobin | Alex Bitter | ) www.businessinsider.com   time to read: +6 min
But while online shopping has dipped this year, more people have been flocking back to Walmart stores. According to estimates from Placer.ai, a location-data company, Walmart stores saw a 1% increase in the average number of daily shoppers through December 4 compared to the same year prior. But those customers are typically not buying food online, according to Yarbrough. Online food sales slowing across retailersWalmart is the top US grocer. The membership platform that launched in 2020 incentivizes online shopping by offering free delivery.
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