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Jonthan Brown

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Kingfisher benefits from consumers staying home amid COVID-19

Following today’s release of Kingfisher Q1 figures for 2020/21, Amy Higginbotham, Retail Analyst at GlobalData, a leading data and analytics company, comments: ‘‘Kingfisher has benefitted from elevated demand for home improvement since lockdown began as consumers continue to carry out DIY projects such as painting and decorating, as well as gardening. In the UK & Ireland, […]
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Morrisons adapts well to volatile grocery market conditions

Following today’s release of Morrisons Q1 figures for 2020/21, Thomas Brereton, Retail Analyst at GlobalData, a leading data and analytics company, comments: ‘‘Morrisons’ results tell a mostly familiar story in line with the other major supermarkets; food sales rose quickly to peak in late March as UK case numbers grew and stockpiling began and fell in April […]
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Quibi cannot blame COVID-19 for all its woes, says GlobalData

Following the recent news that Quibi’s co-founder, Jeffrey Katzenburg, has put its faltering start solely down to COVID-19; Danyaal Rashid, Thematic Analyst at GlobalData, a leading data and analytics company, offers his view on the challenge COVID-19 poses to Quibi: “Quibi has undoubtedly been hurt by COVID-19. The platform is tailored to commuters and ‘on-the-go’ […]
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Target’s bold acquisition will help it catch up to its rivals

Following the news that Target is in the process of acquiring same-day delivery technology from Deliv; Luke Gowland, Thematic Analyst at GlobalData, a leading data and analytics company, offers his view: “This acquisition will enable Target to improve its position within several areas ofretail, including ecommerce, delivery efficiency and speed, and smart supply chain, ensuring […]
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Retailers without online presence threatened as 26.0% of UK shoppers plan to spend more online after COVID-19

With over a quarter of shoppers now planning to spend more online after the COVID-19 restrictions are lifted, retailers with a limited (or no) online proposition must consider investment in order to remain competitive, says GlobalData, a leading data and analytics company. Thomas Brereton, Retail Analyst at GlobalData, offers his view: “Almost all non-food physical […]
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Marriott results illustrate competence

Following the recent announcement of Marriott’s Q1 results; Ralph Hollister, Analyst, Travel & Tourism at GlobalData, a leading data and analytics company, offers his view on the situation: “Marriott significantly missed already lowered estimates for first-quarter profit. Alike its competitors, bookings plunged in the later stages of Q1 as restrictions on movement became more draconian […]
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Fitbit’s suitability to detect COVID-19 symptoms uncertain

Fitbit has been collaborating with The Scripps Research Institute and Stanford Medicine on research aimed at using Fitbit data to help detect, track and contain infectious diseases like COVID-19. However, Fitbit’s fitness tools are not accurate enough to detect COVID-19 symptoms, says GlobalData, a leading data and analytics company. Shabnam Pervez, analyst at Thematic Research, […]
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Domestic tourism could be the lifeline for COVID-19 hit tourist destinations such as Thailand

The impacts from COVID-19 have been felt worldwide with travel restrictions, lockdowns and cancellations of major events. Pre-COVID-19, tourist destinations were predicted to hit 1.6 billion international arrivals globally in 2020, and tourism is a major contributor to the economy, providing 10% to global GDP. Amber Barnes, Travel and Tourism Analyst at GlobalData, says: “It is critical for destinations, in particular tourism-reliant destinations, to create strategic actions to be able to recover from COVID-19. These must be implemented now otherwise […]
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