Coleman Research Group’s Consumer Goods & Services team notes retail sales soar by 2013 and retail sector rallies

Coleman Research Group's Consumer Goods & Services Group facilitates consultations between our clients and leading consumer goods, retail, and services professionals a wide variety of topics including consumer products manufacturers, electronics, automotive OEMs, international retail chains, leisure goods and services, and more.

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Retail sector rallies on positive economic data
May 5, 2009

The National Association of Realtors said pending home sales index rose 3.2% compared with February and gained 1.1% compared with a year earlier. Economists said the gain may be a leading indicator of a turn in the housing market.

Meanwhile, business investments in structures were stronger than expected in the government's first estimate of first-quarter gross domestic product, with the dismal 6.1% annualized decline on track to be revised to a 5.8% drop or so. The Commerce Department said construction outlays rose 0.3% in March, better than the 1.5% decline expected by economists.

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8% of retail sales to be online by 2013
May 5, 2009

Online retail is forecast to skyrocket to a $229 billion market in four years, or 8 percent of all U.S. retail sales, according to a report being released today.

One irony is that clothes, shoes and accessories -- the items that shoppers would be expected to want to try on -- top the list of the most popular future online categories, with sales expected to top $40 billion in 2013 from this year's forecast $27 billion, according to the findings by Forrester Research.

The next largest categories are computer hardware, software and peripherals, projected to grow to $36 billion in 2013 from this year's $27.2 billion, and appliances and home improvement products, projected to grow to $30.3 billion from this year's projected $19.2 billion, according to the report titled "The State of Retailing Online 2009."

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"I have had great success working with Coleman Research Group. Their targeted searches yield experts who provide fresh insight on a given situation. For this project, CRG put me in touch with industry professionals who knew how to value the assets of big box retailers."

~ Analyst at a $1.2B Long/Short Fund New York City

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