IRI and Coresight Link for 'Future of Retail' Report

Consumer data firm IRI and retail and tech sector research and advisory firm Coresight Research have partnered to launch a joint, monthly retail trend report, providing insights into the future of the sector.

The new report taps the organizations' combined expertise and data assets from across the retail landscape - including purchase data spanning brick-and-mortar and eCommerce retail channels for apparel, CPG and grocery chains. The first report will be published in June and will cover trends and forward-looking insights into areas such as the US CPG and grocery sectors, eCommerce, channel comparison analysis, and growth categories.

Andrew Appel, President and CEO of IRI, says in the light of the Covid-19 pandemic retailers and their suppliers more than ever need access to up-to-date, accurate data and industry-wide expert analysis in order to adapt their service for today's shoppers. Coresight Research CEO and founder Deborah Weinswig adds: 'Together, Coresight and IRI bring an unparalleled breadth of data and depth of expertise to retailers and suppliers looking to stay ahead of fast-moving changes in consumer preferences. We believe strongly that in order to achieve future success, retailers will need to dedicate time and resources to predict the direction of the retail industry in a post-pandemic landscape and be prepared to meet very different consumer needs'.

Web sites: www.iriworldwide.com and www.coresight.com .

All articles 2006-23 written and edited by Mel Crowther and/or Nick Thomas, 2024- by Nick Thomas, unless otherwise stated.