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A recent analysis of Easter UK consumer spending by GlobalData, a leading data and analytics company, has revealed a number of insights to help retailers increase sales during the Easter holiday period.
Ageing and low fertility rate behind labour force shortage in Europe
As the ageing population rises and fertility rates fall across Europe the continent faces an increasing labour force shortage, according to a recent analysis by GlobalData, a leading data and analytics company.
Marginal uplift in the economy won’t save struggling retailers
The data does point to a slightly better near term picture for retailers though, with inflation falling leading to an increase of 1.2% in real household disposable income in 2018.’
On the perennial problem of business rates though, the only help was the bringing forward of the next revaluation to 2021, which will be little help to struggling retailers about to be hit by increased rate bills next month.’’
‘Potential chewing gum tax heavy handed’
Following the announcement in the Spring Statement of the consultation on what can be done to reduce the use of single use plastics - which could potentially include chewing gum,
US digital businesses attracted the highest VC funding in North America during 2006-2017
According to research by GlobalData, a leading data and analytics company, US digital businesses have emerged as the most attractive sector for venture capital (VC) investment in North America during 2006-2017, with four out of the top five VC funded firms representing a digital business model.
Top 10 Global Venture Capital Investors investing more money on fewer deals in 2017
An analysis by GlobalData, a leading data and analytics company of the investment activity of the top 10 global venture capital (VC) companies in 2017, reveals that collectively they are investing more money on fewer deals when compared to the average numbers for 2013-2016.
General surgery market is set to reach $21.6bn by 2024
The general surgery market is forecast to grow steadily moving into the next decade. The market was valued at $14.6 bn in 2017 and is expected to reach a value of $21.6 bn in 2024, increasing at a Compound Annual Growth Rate (CAGR) of 5.7%, according to according to GlobalData, a leading data and analytics company.
4,000,000 UK consumers stopped buying fashion accessories in 2017
The share of UK clothing shoppers that purchased accessories fell from * 50.6% in 2016 to 40.9% in 2017, equating to four million fewer consumers and £390m in lost revenue, according to GlobalData, a leading data and analytics company.
Toys R Us collapse due to its failure to compete with Smyths more than Amazon
While the narrative about the sad demise of Toys R Us focusses on how it was killed by the Internet, data shows that the rise of multichannel player Smyths caused even more damage than Amazon.
Late-stage CKD-induced comorbidity therapeutics market to reach $10.5bn by 2026
Sales for chronic kidney disease (CKD)-induced hyperparathyroidism (HPT), hyperphosphatemia (HP), and hyperkalemia (HK) therapeutics were estimated to be $4.2bn across the seven major markets (7MM*) in 2016. This is expected to grow to $10.5bn in 2026, at a Compound Annual Growth Rate (CAGR) of 9.5%, according to GlobalData, a leading data and analytics company.
10 FMCG trends to watch out for in 2018
2018 is shaping up to be a year of contradictions in the fast-moving consumer goods (FMCG) market. Healthy junk food is emerging as a snack food trend, but consumers are also re-discovering indulgence via a counter-trend called sweet revenge that celebrates all that is sweet according to GlobalData, a leading data and analytics company. These are two of ten new trends that the company expects to influence packaged goods innovation and marketing in 2018.
Active millennials are being priced out of skiing and golf holidays
While millennials desire active holidays more than any other generation, financial limitations mean that fewer of millennials are participating in particular types of sporting holidays, such as golf and skiing, according to GlobalData, a leading data and analytics company.
Valentine’s Day 2018: Are we losing that lovin feelin
According to GlobalData, a leading data and analytics company almost half of consumers did nothing over Valentine’s Day last year and this increased by 2.5ppt on 2016.
Valentine’s Day 2018: Cost conscience consumers to cut fine dining on Valentine’s Day
According to GlobalData,a leading data and analytics company, over half of consumers forked out for a Valentine’s Day meal at a fine dining restaurant last year, up 5.0ppts on 2016. However the company believe that this trend is set to change in 2018 as consumers look to balance their budgets with more affordable dining options.
Valentine’s Day 2018: Consumers say Tesco does the best job at promoting Valentine’s day deals
According to GlobalData, a leading data and analytics company, Tesco remains number one in terms of promoting Valentine’s Day offers in 2017, with its wide range and convenient offer appealing to the masses.
Need for supportive care in oncology will increase during the next decade
The need for effective supportive care in oncology will increase in the next decade as patients continue to live longer and cancer progresses to become more like a chronic disease. This includes the need for chemotherapy-related conditions, as chemotherapy will remain the backbone of cancer therapy for the foreseeable future, observes GlobalData, a leading data and analytics company.
Discounters poised to increase share of £1 billion valentine’s day
Although UK sales on Valentine’s gifts and cards are set to achieve the £1 billion mark this year, growth is expected to slow on 2017 as shopping at discounters for the occasion becomes more prevalent.
Melanoma sales are projected to rise to $5.5bn in 2026
The value of the melanoma market was estimated to be $3.3bn across the seven major markets (7MM*) in 2016. This is expected to grow to $5.5bn in 2026, at a Compound Annual Growth Rate (CAGR) of 5.3%, according to GlobalData, a leading data and analytics company.
World Cancer Day: What will 2018 mean for cancer research and treatment?
The theme of this year’s World Cancer Day held on 4th February of “We can. I can.” aimed to reinforce the public message that all individuals and groups can play their part in reducing the global burden of cancer. Indeed in recent years many events have involved collaborations between traditional drug developers, cancer treatment professionals and those of varying disciplines. Examples include the IBM Watson supercomputer which is helping physicians make treatment decisions and the development of other databases such as ASCO’s CancerLinQ which assists oncologists in monitoring and analyzing patient data.
Global glaucoma market to reach $3.8bn by 2026
The total glaucoma market was estimated to be $2.6bn across the seven major markets (7MM*) in 2016. This is expected to grow to $3.8bn in 2026, at a Compound Annual Growth Rate (CAGR) of 4.1%, according to GlobalData, a leading data and analytics company.