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Kristian Jackson

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  • Author: Kristian Jackson

UK click & collect sales set to soar 55.6% to 2022

Click & collect continues to rise rapidly in the UK, outpacing growth in the online retail channel, with click & collect sales forecast to account for 13.9% of total online spend in 2022, 1.9 percentage points higher than in 2017, according to GlobalData, a leading data and analytics company.
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UK town centre sales declined to £108.3bn in 2017, but spending will grow 0.2% in 2018

The UK town centre retail market has been in decline since 2015, but it is forecast to rise 0.2% in 2018 and will continue to grow out to 2022, with sales in the town centre market being driven by convenience goods particularly in the food & grocery sector. However, the town centre retail market will underperform against the overall growth of total physical retail sales in the UK over the next five years, which will be driven by retail parks and supermalls, according to GlobalData, a leading data and analytics company.
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Shoppers set to spend over £10bn in this year’s Black Friday bonanza

Spend during the Black Friday period, defined as Monday 20-Monday 27 November 2017, is forecast to grow 3.8% on 2016 (Monday 21-Monday 28 November 2016) to £10.1bn, accounting for 10.4% of total Q4 spend. Although growth is forecast to slow year-on-year, we expect more retailers to take part in the event this year in an attempt to stimulate the waning demand they have faced over September and October.
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What impact will repealing the ACA have on expanded Medicaid coverage

In October 2017, the Republican Party opted not to present its most recent healthcare bill, the Graham-Cassidy Bill, to the US Senate, once again halting its efforts to repeal the Affordable Care Act (ACA). As the latest attempt of many to replace the ACA, the bill has been highly controversial. Among the most debated measures in the bill is a provision for changing the federal government’s funding scheme for Medicaid programs, designed to restrict the potential for increases in federal spending on Medicaid.
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Flexion’s Zilretta poised to shakeup knee osteoarthritis marketplace

Flexion Therapeutics recently announced the FDA approval of Zilretta, (triamcinolone acetonide [TA] extended-release injectable suspension) for the treatment of pain associated with moderate-to-severe knee osteoarthritis (OA). This is a segment of the patient population that GlobalData, a leading data and analytics company, expects to significantly drive the value of the market over the next 10 years.
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Meat without animals NPD to hit shelves in 2021

A growing number start-ups are trying to make meat without animals, with a view to addressing concerns about animal welfare and the carbon footprint of meat. However, Chris Lo, Consumer Analyst at GlobalData, a leading data and analytics company, reports that new products will not be ready to hit shelves until 2021.
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Rising overpopulation is likely to hinder food standards around the world

Population continues to rise globally, especially in the UK, exacerbating concerns over food standards. According to the Office for National Statistics (ONS), the UK population is expected to increase by 3.6 million (5.5%) over the next ten years to 2026, with the 70 million mark being surpassed by 2029. This increase is more pronounced in births, rather than deaths; 46% of the growth is projected to result from more births.
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Believe it or not, AI needs people to succeed

Advancements within the AI field of machine learning allow computers to learn without being explicitly programmed. User friendly tools may put the power of artificial intelligence (AI) into people’s hands, but without the right specialists to light the way there’s no guarantee of success according to GlobalData, a leading data and analytics company.
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