New report outlines the top 18 trends that will affect retail this year January 11, 2018NEW YORK (January 11, 2018) – More than ever before, spoiled shoppers will want more, want it their way and want it now in 2018. That desire should further splinter consumer spending and favor retailers with strong identities, as well […]
FGRT's Managing Director ranks No. 2 on list of 100 most influential analysts, consultants and journalists worldwide December 19, 2017NEW YORK (December 19, 2017) – The honors keep coming in for Deborah Weinswig, Managing Director of global think tank FGRT (formerly Fung Global Retail & Technology). The retail analyst and startup advisor has been named the […]
FGRT's Managing Director cited as one of the "10 must-know professionals weighing in on retail's rapidly changing landscape" December 14, 2017NEW YORK (December 14, 2017) – Deborah Weinswig, Managing Director of global think tank FGRT (formerly Fung Global Retail & Technology) and an award-winning retail analyst, has been named a “Top Voice 2017: Retail” by […]
Clothes shoppers with Amazon Prime memberships are jumping ship from Macy's to Amazon in larger numbers than people without Prime, according to Coresight Research. About a quarter of the survey's overall respondents said they shop less at Macy's than they did in the past. Out of that group, 53% of Prime members switched to Amazon, while 22% who aren't Prime members made the jump.
But don't expect this to mean the end of either AmazonFresh or Prime Now, said Deborah Weinswig, founder and CEO of Coresight Research, a global retail think tank. Instead, she sees this move as a way to rationalize operations rather than a closing of service.
Many apparel shoppers are shifting their spending away from retailers like Target and Macy’s, and toward Amazon, according to a study from Coresight Research emailed to Business Insider Intelligence.